Govt insurance firms, pension funds may power Fund-of-funds
Currently, talks are on between various government agencies such as DPIIT, and industry regulators including the Insurance Regulatory and Development Authority of India and Sebi to make this a reality.
Amazon India's unit gets $308 mln in fresh funds from parent
The company's Indian arm in May said it would hire 50,000 temporary workers to m...
PiggyRide bags Rs 14 crore funding led by JAFCO Asia
The company plans to invest the capital raised to scale its product and engineering team...
Chai Waale secures Rs 1.75 crore as funding
The Chennai-based company founded in 2018 by Vidur Maheswari is looking to tap the unexplored organised tea market.
Sequoia closes $1.35-billion India venture & growth fund
This takes Sequoia Capital’s total assets under management for India to an estimated $5.4 billion, spread across the seven funds it has raised till date, and through which it invests in India and across Southeast Asia.
Zomato delivery partners protest 'China Funding'
The videos of these protests, which show a group of purportedly Zomato employees burning the company uniform, first surfaced on Twitter.
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).
Flinto raises $7.2 million in pre-series B funding
Flintobox is the company's flagship product - it is a subscription service of toys and material that help children learn.
Forbidden Foods raises seed funding; to compete with PepsiCo, ITC
The seed funding round was led by curated crowd-funding platform and early stage venture fund Globevestor, and Secocha Ventures, a statement by Forbidden Foods said.
Startup funding deals in H1 2020 down 31% at 272
Venture capital investors feel that given the double whammy of Covid-19 and blocking of investments from China, things will get worse in the next two quarters.
Blue Ashva Capital raises Rs 450 cr for SME-focused PE fund
Blue Ashva, a SEBI registered Category II Alternative Investment Fund had planned to raise Rs 400 crore with a green shoe option of another Rs 200 crore.
Frontier Markets raises $2.25 million financing from The Rise Fund, Teja Ventures and others
Frontier Markets has over 4,000 women entrepreneurs who are tech-enabled using its proprietary assisted-e commerce platform to deliver over 1 million products and services to 700,000 rural customers in Rajasthan, UP, and Bihar.
GoMechanic gets funding from Pawan Munjal
The latest funding would be used by the company to strengthen its technology stack, fuel geographical expansion, streamline spare parts procurement and amplify brand promotion.
Contactless retail tech player Gobbly raises $500,000 seed funding from Sauce.vc
The startup plans to develop a full stack automated retail technology platform which will improve offline shopping and traditional ecommerce.
AI startup Inspektlabs raises $600k Pre-Series A funding round from Better Capital & Titan Capital
Inspektlabs has so far inspected 100K cars in Japan, UK and India. As a response to COVID, Inspektlabs has also recently launched a new inspection product to ensure hygiene within cars as well.
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