Joe Hukum has raised an undisclosed amount from TracxnLabs and a group of angels led by Jitendra Gupta and Prashant Tandon.
Swades has roped in Tata Trust, with both parties looking to pump in Rs 130 crore to solve water and sanitation problems, besides skill development.
Aye has raised Rs 20 crore from existing backers, venture and growth capital investor SAIF Partners and financial inclusion-focused firm Accion.
The new corpus signals some hope for domestic startups at a time when it has become difficult for entrepreneurs to raise fresh funds.
Bus aggregation startups like Shuttl, ZipGo to benefit from Arvind Kejriwal's odd-even rule for private vehicles
Arvind Kejriwal’s move to allow private vehicles with even and odd registration numbers may be beneficialfor some startups as the move could create an opportunity.
MapmyIndia had a topline of Rs 70 crore during last fiscal year, which it expected to double in current financial year and profits increasing by 300%.
Details of transaction were not disclosed, except that MapmyIndia’s early investors Nexus Venture Partners & Lightbox Ventures will exit the company.
BigBasket’s valuation was pegged at Rs 2,100 crore, or about $320 million, ahead of the transaction, show filings submitted to the ministry of corporate affairs on November 30.
Oyo Rooms, which is backed by Japan’s SoftBank, was estimated to be worth about Rs 2,500 crore ($400 million) after its latest funding round in August when it received $100 million.
Tiger Global Management, amongst the most prolific and influential investors in the Indian startup sector, has raised a new global fund of $2.5 billion.
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