Archive News

14/05/2018

SoftBank explores new grounds to invest, to pump USD 3 Billion into Paytm Mall

SoftBank is looking to invest up to USD 3 Billion in Paytm Mall.
14/05/2018

Avendus in talks to raise USD 300 million fund for consumer startup investments.

Financial services firm Avendus Capital is in talks with potential investors to raise a USD 300-million consumer sector-focused fund.
14/05/2018

Sequoia Capital in talks to invest in ElasticRun

Sequoia Capital to invest in NTex Transportation Services, which owns and operates logistics and distribution platform ElasticRun, the Pune-based startup, which has emerged as one of the hottest prospects in India’s product technology space.
14/05/2018

Rairah Corp backs Pune business scion’s fresh produce firm Earth Food

Pune-based agri-tech startup Earth Food has raised around USD 956,000 in a seed funding round from city-based Rairah Corporation.
11/05/2018

QSR chain Charcoal Eats raises pre-Series A round from HNIs

Charcoal Eats, a quick service restaurant chain, has raised INR 5 crore  in its pre-Series A round of funding from a clutch of angel investors.
11/05/2018

WestBridge leads Series B investment in healthcare data firm Innovaccer

Innovaccer Inc,a Silicon Valley-based healthcare data platform, has raised USD 25 million in a Series B round of funding led by Westbridge Capital.
10/05/2018

Toppr Technologies secures USD 2.3 million funding from Alteria Capital

Venture debt firm Alteria Capital has invested INR 15 crore in Toppr Technologies Pvt Ltd, which runs an eponymous learning platform.
10/05/2018

IFC proposes up to USD 50million investment in Encore Asset Reconstruction

International Finance Corporation (IFC), a member of the World Bank Group, has proposed to invest up to USD 50 million in Gurgaon-headquartered Encore Asset Reconstruction Company Pvt Ltd (EARC).
10/05/2018

Analytics startup ThoughtSpot raises USD145 million in Series D round

ThoughtSpot,a start-up which provides search and artificial intelligence-driven analytics for enterprises has raised USD 145 million in a fresh round of funding led by its existing investors including Lightspeed Ventures, Future Fund, Khosla Ventures,General Catalyst and Sapphire Ventures.
10/05/2018

Walmart acquires Flipkart for USD 16 billion, world’s largest ecommerce deal

US retail giant Walmart Inc will pick up a 77% stake in India’s largest online retailer Flipkart for USD 16 billion,
09/05/2018

Amazon India gets INR 2600 crore infusion for marketplace

Amazon India has received a fresh infusion of INR 2,600 crore from its parent company for its marketplace business.
09/05/2018

Intel Capital leads Series A investment in conversational AI platform Avaamo

Conversational artificial intelligence platform Avaamo Inc has raised around INR 95 crore in a Series A funding round led by Intel Capital.
09/05/2018

Live-video debate app Wishfie gets seed funding

Bengaluru-based Wishfie, has raised an undisclosed amount in a seed round from angel investor Abhishek Singh, CEO of Staffopedia, and Tusker Invests, a New York-based angel network.
09/05/2018

Dubai-based Relam Investment to pump USD 250-300 million in India

Dubai-based Relam Investment LLC, a joint-venture between UAE-based Vault Investment and Vietnam-based MIG Holding, has committed to invest USD 250-300 million in India with an initial focus on real estate and technology.
09/05/2018

Angels back P2P lending platform PaisaDukan in second seed round

PaisaDukan,com peer-to-peer lending marketplace, has raised USD 225,000 from a group of undisclosed angel investors.
08/05/2018

Max Ventures invests INR 250 crore to expand capacity at packaging films unit

Analjit Singh-promoted Max Ventures and Industries has invested INR 250 crore for capacity expansion in its packaging films business unit.
08/05/2018

Sequoia-backed B9 beverages raises USD 50 million from Sofina

B9 Beverages that owns and sells the Bira 91 brand of beers has raised USD 50 million in a fresh round of funding from Brussels-based investment firm Sofina.
08/05/2018

Lenskart backs US-based reading glasses maker ThinOptics

Eyewear retailer Lenskart Solutions Pvt Ltd has invested USD 500,000 in California, US-based reading glasses manufacturer ThinOptics Inc.
08/05/2018

MTR’s seed fund backs children’s snack brand Timios in debut bet

The Timios brand, has raised an undisclosed amount from the seed fund of packaged food company MTR Foods Pvt Ltd.
07/05/2018

Lenskart earmarks USD 3 million to invest in ‘eye-tech’ startup

Online eyewear firm Lenskart has earmarked about USD 2-3 million to invest in companies that can help provide affordable eyecare solutions.
07/05/2018

Info Edge injects more money into workforce tracker Rare Media

Info Edge (India) Ltd, which runs ad portals such as recruitment services site Naukri, has made a follow-on investment of USD 513,588 in Rare Media Company Pvt Ltd.
04/05/2018

Fintech Startup OYE! Loans receives USD 2 250 000 in funding

Noida-headquartered consumer-focussed lending startup OYE! Loans has raised USD 2 250 000 seed funding from its parent company, GAIN Credit.
04/05/2018

IFC plans to inject USD 15 million more in Indian housing finance firm Aptus

International Finance Corp, a member of the World Bank Group, has proposed to invest up to USD 15 million in Chennai-based Aptus Value Housing Finance India Ltd.
04/05/2018

Fireside Ventures backs consumer electronics startup boAT

Consumer electronics startup boAT received INR 6 crore  in funding from early-stage venture firm Fireside Ventures.
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