‘Psychological torture’: The alleged extortion of a venture capitalist
Bryan Nash and Michael Goguen started out as casual workout buddies, their relationship turning toxic over the years as their lives and careers diverged. While Goguen reaped the riches and rewards of the tech boom, Nash struggled to keep up—piling on debt and trying fruitlessly to break into the rarefied world of Silicon Valley venture capitalists.
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...
Unicorn closes 2nd fund at Rs 90 crore
Fund-II, which has a target corpus of Rs 400 crore, has been backed by a number of family offices an...
Venture capital hustle on hold as video calls replace coffees
While governments race to suppress the spread of Covid-19 by restricting travel and discouraging meetups, startup founders are pressing ahead.
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
Lodha Ventures invests Rs 45 crore in service apartment startup
While business models differ across startups, a slew of real estate companies are offering solutions for student housing to residential living as buying trends are rapidly moving to asset-light “sharing economy” from ownership.
Blume Ventures closes Fund IIA
Fund IIA was raised in parallel to Blume's new $102 million-Fund III announced last week.
IvyCap invests Rs 27 crore in Fingpay
The four-year-old company will use the proceeds to add various banking and financial products on the platform, which can be accessed by its last-mile customers.
Recko raises $6 million in Series A funding
India is witnessing a continued surge in the number of digital transactions and many enterprises, banks and financial institutions are finding it difficult to keep track of the money flowing across the organization, according to the startup.
Covid-19 impact: Early-stage financing rounds fall 30-37%
Deal sentiment has taken a knock over the last few weeks after India imposed a nationwide 21-day lockdown to control the spread of the virus.
Space tech startup Agnikul gets Rs 23.4 crore
Agnikul, which is operating out of the National Centre for Combustion Research at IIT Madras, said it will utilise the funding to facilitate ground testing, fabrication and expansion of its team.
Wipro Consumer Care Ventures invests in LetsShave
LetsShave focuses predominantly on shaving category, and is expanding into personal care categories like body care, skin care and electric trimmers, the city-headquartered Wipro said in a statement.
LGT Lightstone Aspada leads $7 million funding round in micro-lender SmartCoin
Bengaluru-based startup to use proceeds to grow its loan book to Rs 1,500 crore, and double its user base to 10 million in the next 12 months.
E-tail to take $1 billion hit in lockdown
Even before the outbreak of the coronavirus, overall consumer spending was muted owing to broader economic challenges. But the virus spreading at this pace brought online commerce to a screeching halt.
Why women are less likely to start new ventures than men
To begin with, some firms are registered as women-owned due to financial and administrative reasons but are actually managed and operated by men.
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