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 initiative globally, has already received about 40% of its target corpus.
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 co...
Urban Company snaps up Australian on-demand beauty venture Glamazon
The deal will see Urban Company foray into the home-based beauty services...
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.
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.
Guess how much Sequoia executives made from Oyo
The windfall for the fund executives comes on the back of RA Hospitality, a special purpose vehicle domiciled in the Cayman Islands, recently buying Oyo shares worth $1.3 billion from these two venture firms on behalf of Agarwal.
Slintel bags $1.5 million seed funding
The startup said it will utilise the fresh capital to grow its own marketing and sales operations.
Walmart, Flipkart invest in Ninjacart
Ninjacart connects farmers to retailers via a network of more than 200 collection centres and 1,200 warehouses across India. It moves over 1,400 tonnes of fresh produce per day.
BookMyShow separates SE Asia Arm
Parent BigTree Entertainment is in the process of closing new $100 million round with Goldman Sachs.
Tiger Global leads $20 million funding round in Infra.Market
The Series A round of financing follows the $3.5 million Infra.Market raised from Accel Partners in August earlier this year.
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.
Moglix, Razorpay staff make hay while Esop buyback’s on
Separately, Moglix, which counts Accel Partners, Sequoia Capital and Tiger Global Management, among others, has undertaken a Rs 5-10 crore stock buyback from eligible employees — numbering about 25 — led by the Noida-based company, along with certain investors.
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