Inventus India, IAN Fund back local discovery platform LBB
Iluminar Media Pvt Ltd, which owns and operates curated local discovery and e-commerce platform Little Black Book (LBB), has raised USD 5 million in a Series A round of funding led by investment firms Inventus India and IAN Fund.
Sequoia Capital backs Smallcase, Turtlemint
Sequoia Capital is backing personal investment platform Smallcase and insurance portal Turtlemint
Date of Publication: 21-June-2016
The sector requires filtration at various stages of funding to judge and filter out non-visionary start-up ideas. It is also an opportunity to let Darwin’s old theory of “survival of the fittest” play out.
TIMES OF INDA
Date of Publication: 14-June-2016
An early-stage startup usually struggles to raise funds. Founders typically have to run after multiple angel investors, spend considerable time and effort explaining the idea, and negotiate with investors on the termsheet, the formal agreement stating the terms and conditions of the investment.
BUDGET HIGHLIGHTS AND REACTIONS
Date of Publication:01-Mar-2016
A budget centered around inclusive growth with focus on rural India, agriculture, health and education. However, the real challenge lies in the execution.