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Snapdeal receives $21 million from Luxembourg’s Clouse SA

August 26, 2016

Jasper Infotech Pvt Ltd, which runs e-commerce firm Snapdeal, has received more than $21 million as part of its previously announced funding round from Luxembourg-based firm Clouse SA

Read more - http://www.livemint.com/Companies/4a92lrk7ziHSdBKHoC2oPN/Snapdeal-receives-21-million-from-Luxembourgs-Clouse-SA.html

A year after launch, Flipkart’s Growth Capital programme crosses Rs 125-cr mark

August 26, 2016

Flipkart have disbursed loans worth over Rs 125 crore to more than 800 sellers in the year since it launched the Growth Capital programme; through its tie-ups with eight financial institutions for the financing initiative which offers collateral-free loans

Read more - https://yourstory.com/2016/08/flipkart-growth-capital-programme/

Help us Green spreads the Scent down the Ganges

August 26, 2016

Kanpur-based startup Help Us Green, which converts flower waste collected from temples and mosques into patented organic manure and scent sticks, plans to cover more cities along the Ganges to do its bit to reduce river pollution

Read more - http://economictimes.indiatimes.com/small-biz/startups/help-us-green-spreads-the-scent-down-the-ganges/articleshow/53852131.cms

Indian fintech investments 2nd largest in Asia-Pacific at $339 mn

August 26, 2016

Investments in Indian financial technology ventures reached USD 339 million till July end this year, the second highest in Asia Pacific after China

Read more - http://economictimes.indiatimes.com/small-biz/indian-fintech-investments-2nd-largest-in-asia-pacific-at-339-mn/articleshow/53863259.cms

Urban Ladder raises $3 million venture debt from Trifecta Capital

August 25, 2016

Online furniture store Urban Ladder Home Décor Solutions Pvt Ltd has raised $3 million in venture debt from Trifecta Capital, joining a growing breed of start-ups which, after raising substantial funds during the funding boom last year, are seeking venture debt to meet their working capital requirements amid the current slowdown in funding

Read more - http://www.livemint.com/Companies/EajXvshxWmPJmMNonVhpMI/Urban-Ladder-raises-3-million-venture-debt-from-Trifecta-Ca.html

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