Enablers
Discover . Invest . Achieve
Recent News
Consumer start-up EzCred raises more than $1 Million in fund
May 19, 2017Bengaluru-based consumer lending startup EzCred has raised more than $1 million from a clutch of angel investors in its first round of funding. EzCred has a unique model of offering digital loans at offline points of sale, in contrast to several other online lending startups which offer credit or loans only through a digital platform.
SoftBank to get $1 bn from Japan’s Sharp for Vision fund
May 19, 2017Sharp Corp will invest up to $1 billion in SoftBank Group’s planned $100 billion Vision fund and aims to tap advanced technologies through the investment. Taiwan’s Foxconn, the parent of Sharp, has also said it intends to invest in the fund, as well as Apple Inc and chipmaker Qualcomm Inc.
Read more - https://www.vccircle.com/softbank-to-get-1-bn-from-japans-sharp-for-vision-fund/
RBI paperwork done, Paytm Payments Bank will open on May 23
May 18, 2017India’s leading digital wallet provider Paytm has received a final licence from the Reserve Bank of India for its payments bank, clearing the way for its launch next week.
Honeywell floats $100 Million venture fund to back tech startups
May 18, 2017Honeywell International Inc has launched a $100 million investment fund that will focus on technology startups. Aerospace will be one of the key focus areas of the fund.
Read more - https://www.vccircle.com/honeywell-floats-100-mn-venture-fund-to-back-tech-startups/
Fintech startup PaySense gets $5.3 Million in Series A
May 18, 2017Fintech startup PaySense, which runs a digital credit platform, has raised its Series-A round, led by Jungle Ventures with Naspers Group and Nexus Venture Partners. The startup had earlier raised $2.3 Million from Nexus Venture Partners and angel investors in 2015.
