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E-commerce enabler Kartrocket raises flat funding round

January 18, 2018

Delhi-based BigFoot Retail Solutions Pvt Ltd, which operates e-commerce enabler KartRocket, has raised $4,100,000 in a fresh round of funding from existing investors led by Bertelsmann India Investments.

Read more - https://www.vccircle.com/exclusive-e-commerce-enabler-kartrocket-raises-4-1-mn-from-existing-investors/

Indian PE True North floats AI, analytics-focused unit, commits $10 million investment

January 17, 2018

Indian private equity (PE) firm True North has launched a subsidiary called Actify Data Labs to offer services in analytics, algorithms and artificial intelligence (3A) and has committed an initial investment of $10 million for the venture.

Read more - https://www.dealstreetasia.com/stories/true-north-floats-subsidiary-focused-analytics-ai-commits-10-million-investment-90462/

Former Cisco chairman John Chambers floats VC firm JC2 Ventures

January 17, 2018

John Chambers, the former executive chairman of networking giant Cisco and chairman of the US-India Strategic Partnership Forum, has launched his new venture capital fund JC2 Ventures.

Read more - https://www.vccircle.com/former-cisco-chairman-john-chambers-floats-vc-firm-jc2-ventures/

ADB commits up to $50 million to Indian PE major True North’s new fund

January 17, 2018

The Asian Development Bank (ADB) is making an equity investment of up to $50 million in the latest fund of one of India’s oldest private equity players True North, formerly known as India Value Fund.

Read more - https://www.dealstreetasia.com/stories/india-adb-commits-50m-true-north-new-fund-90437/

Edtech startup Rubix108 Technologies raises $1 Million Pre-Series A funding

January 16, 2018

Pune-based edtech startup Rubix108 Technologies has secured $1 Million Pre-Series A funding led by Polaris Fund.

Read more - https://inc42.com/buzz/rubix108-technologies-edtech-funding/

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