Property consultancy JLL India has launched an independent vertical to make strategic investments in startups that are developing disruptive technology solutions for the real estate sector. The purpose of this vertical is to invest in early-stage companies, or startups, which can potentially disrupt the real estate business with brand-new thinking, backed by sound, workable technology.
Japanese telecom and internet major SoftBank Corp will invest $250-300 million (INR 1,700-2,000 crore) in Ola as it leads a new round of funding in India’s largest ride-hailing app.
Expedient Healthcare, which owns and operates home service health-test platform Healthians, has raised about INR 20 crore in a new round of funding led by Japanese early-stage investor Beenext. The company, which operates in the national capital region, will use the funds to expand operations to Mumbai, Bengaluru and Hyderabad.
Delhi-based online advisory platform, Bharosa Club has secured an undisclosed amount in a bridge financing round from the company’s management and investors. The funding will be utilized to scale up product offering and network, and to boost the aim to reach the 1 million customer milestone.
Mumbai-based venture capital firm Kae Capital has invested an undisclosed amount in B2B marketplace We Organise The Unorganised (WOTU).Founded in 2015, WOTU is a platform that directly connects farmers, processors and manufacturers with last-mile F&B outlets starting from standalone restaurants and pubs to large scale hotels and food chains.