From Unicorn India Ventures to GrowX Ventures, Micro VCs fight for relevance as bigger funds dig in
A number of micro VC fund managers admit that the emergence of marquee VC-backed programmes over the last two years have made the startup landscape trickier to navigate, which has therefore seen them adopt niche investment strategies, and also to scout for opportunities outside the metros.
LetsVenture launches platform for HNIs, family offices to invest in startups
LetsVenture Plus, the invite-only platform, is currently in stea...
VCs and startup CEOs join hands to launch Covid-19-focussed Grant
The Action Covid Team Grants, which is possibly a first-of-its-kind initiat...
BITS Pilani’s Accelerator launches 16th edition; to help 1,000 early-stage startups
The top 10 ideas from across the country would undergo a 10-day mentorship program in Bangalore with investment workshops by firms like Accel Partners and Blume Ventures.
Curefit scoops up Rs 832 crore in fresh round led by Temasek
The new financing round has also seen the entry of two new investors into the company’s investor cap table, GableHorn Investments and Ascent Capital.
Urban Company snaps up Australian on-demand beauty venture Glamazon
The deal will see Urban Company foray into the home-based beauty services segment in Australia
Paytm hires former Coverfox CEO after failed acquisition talks
Earlier this month, Paytm said it is set to make a foray into the business of selling insurance products with subsidiary Paytm Insurance Broking.
Accel Partners leads $3 million funding round in online events hosting platform Airmeet
Venture Highway, Global Founders Capital and angel syndicates, CloudCapital, Better Capital, 100x Entrepreneur Fund and Sequoia Scout have also participated.
SAIF Partners plans to invest in 15 startups in 2020, expands sector focus
This bullishness to back early-stage companies comes in at a time when two of its largest bets Paytm and Rivigo face increased competition .
Schroder Adveq leads Rs 214 cr round in Bizongo
Bizongo provides end-to-end automated packaging solutions for companies operating across sectors, such as fast-moving consumer goods, hospitality, food and beverage, retail, ecommerce and industrial logistics, using its proprietary software products Design Square, Artwork Flow and Procure Live.
Zetwerk bags Rs 160 crore funding led by Greenoaks Capital
The latest funding comes just six months after Zetwerk raised $32 million which was co-led by Lightspeed and Greenoaks Capital, and brings the total funding raised by the two-year-old company to around Rs 450 crore (or $62 million).
Spacejoy bags $1 million in seed fund from Accel Partners
The company is among a rare breed of Indian consumer startups catering to Western markets.
Billionaires, startups team up to fix broken Indian health care
Shocking videos of coronavirus patients lying next to corpses in overrun hospitals and ambulances with critically-ill driving around in search of hospital beds have conferred fresh impetus to the task of rescuing Indian health care.
HomeLane scoops up $30 million in its Series D funding
The development comes at a time when Jungle Ventures, TPG Growth and IKEA-backed Livspace, which competes with HomeLane, was also reported to be in talks to raise $100 million in fresh financing, at a valuation of over $500 million.
Slintel bags $1.5 million seed funding
The startup said it will utilise the fresh capital to grow its own marketing and sales operations.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service