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Angel investor backs digital media startup Pixr8

June 15, 2018

Pixr8 Media LLP, which runs business news portal Pixr8 News, raised INR 25 lakh (USD 37,000) in seed funding from an unnamed angel investor.

Read more - https://www.vccircle.com/angel-investor-backs-digital-media-startup-pixr8/

Bharat Forge invests USD13.3 million to develop EV solutions

June 14, 2018

Auto components major Bharat Forge Ltd has done the strategic investment of USD 13 Mn in UK-based electric powertrain solutions provider Tevva Motors.

Read more - https://inc42.com/buzz/electric-vehicles-this-week-bharat-forge-invests-13-3-mn-and-more/

China’s Fosun International to now back early stage Startups in India

June 14, 2018

Shanghai-based, Chinese investment company Fosun International is planning to back the early stage startups in the country.

Read more - https://inc42.com/buzz/chinas-fosun-international-to-now-back-early-stage-startups-in-india/

WeWork is raising funds at USD 35 billion value according to Softbank

June 14, 2018

WeWork Cos is seeking to raise funds at a USD 35 billion valuation that would place the co-working startup above companies like Airbnb and SpaceX.

Read more - https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/wework-is-raising-funds-at-35-billion-value-softbank-exec-says/articleshow/64581867.c

Truecaller buys Indian mobile payments startup Chillr

June 14, 2018

Stockholm-based Truecaller, owned by True Software Scandinavia AB acquired Mumbai-based mobile payments start-up Chillr (Backwater Technologies Pvt Ltd) for an undisclosed amount.

Read more - https://www.dealstreetasia.com/stories/truecaller-buys-indian-mobile-payments-startup-chillr-99762/

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