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US payment solution company Wibmo buys Mypoolin
Mypoolin had earlier secured funds from Accel Partners, which backs Wibmo, as part of the Indian government’s QPrize in 2015, along with Qualcomm Ventures, getting convertible investment of $250,000. I
CleverTap raises $35 million led by Sequoia, now valued at $385 million
CleverTap will use the proceeds to build out its Los Angeles-based en...
Sequoia Capital’s seed fund Surge backs 20 startups
Investors pick up startups at seed stage as more angels step in.
Cure.fit settles out of court with Book Your Game
The company has settled the case by paying close to the deal value, says one of the sources.
Axio Biosolutions raises $7.4 million from Ratan Tata, others
The first-aid dressing done with help of Axiostat stops uncontrollable bleeding within just 2-3 minutes of its application, thus saving lives, the statement said.
Axio raises Rs 47 crore from RNT Capital and others
The round also gave an exit with 7X returns to the company’s first institutional investor, GVFL, an Ahmedabad-based venture capital firm.
Ribbit leads $21 mn round in Groww
Sequoia Capital and Y Combinator also participated in the round, coming almost nine months after the online platform, which sells mutual funds, raised $6.2 million in its Series-A round.
Giftcard firms aim to double or even triple their GMVs this fiscal
Startup CEOs say the value of money loaded on giftcards has also seen an increase to about Rs 6,500-7,000 on the B2C side and an average of Rs 10,000 on the B2B side.
Chiratae Ventures out with a fresh seed fund of $35 million for new bets
Formerly known as IDG Ventures India, Chiratae will continue to do Series A to late-stage investments across the technology sector through its fund.
Consure gets funds from Accel Partners, others
The company will use the funds for penetrating new markets, investing in further product development for critical care setting and growing customer reach.
HomeLane.com mops up $10 million from Accel, others
HomeLane.com had also recently acquired Capricoast, an online home interiors marketplace, for Rs 90 crore to drive its expansion in the NCR.
Student accommodation startup Stanza Living raises Rs 13 crore
The Delhi-based firm has 100 beds on offer, with a price range of Rs 7,000-25,000 per bed.
Startup founders who scored big exits are rebounding with a second venture
While one in 10 investments thrive, investors hope signing up with seasoned entrepreneurs will even the odds.
Teabox raises funds from RB investments, DBS Bank, Accel Partners
Teabox will be available at gourmet stores such as Nature’s Basket and FoodHall in the next 2-3 months.
Portea gets $26 million booster shot
The investment comes two years after the firm, which is part of serial entrepreneurs K Ganesh and Meena Ganesh’s, GrowthStory, raised $37.5 million in a round that valued the company at Rs 628 crore.