INSIGNIA VENTURES PARTNERS
Battery storage, smart grid and efficiency companies raised over $536 million through venture capital in 2019
Log 9 Materials, a developer of aluminum fuel cell technology – raised $3.5 million from Exfinity Venture Partners and Sequoia Capital India while, LivGuard Energy Technologies - an automotive products to batteries company - raised $32 million from ChrysCapital and Ncubate.
Bizongo mops up $30 million Series C funding round led by Schroder Adveq
The investment major, which also has a deep focus on secondary trans...
Info Edge opens Rs 100 cr venture fund
It is, however, yet unclear if the company will bring in external investors to back the fund along sid...
‘India offers exciting blueprint for other emerging markets’
Tilman Ehrbeck, managing partner, Flourish, spoke about the India opportunity, how the market offers a blueprint for other emerging markets, and the broad themes which interest him here.
EduTech company Eupheus nets $4.3 million
The company said it has expanded to 70 cities as of the first half of the current fiscal year, apart from partnering with four international institutes.
BlackRock, partners eye initial $500 million for climate fund
The group will provide the first $100 million of funding for the CFP.
Sequoia, Matrix Partners drive $11 m funding round in Park+
Prominent angel investors, including Deep Kalra, Rajesh Magow, Ashish Hemrajani, Kunal Shah, Kunal Bahl and Rohit Bansal also participated in the round.
Temasek, EQT set up $500 million renewable energy JV
Singapore investment company Temasek, along with Swedish major EQT, has set up a platform called O2 Power to develop and acquire renewable energy assets in areas like solar and wind energy. The two investment firms have committed $500 million in equity for the venture, which is targeting 4 gigawatts of installed capacity in the coming years.
Oyo may cut more jobs to shore up its bottom line
Executives say scale of layoffs ‘far larger’ than expected but Oyo denies any such plan.
Shared mobility startup Bounce raises $105 mn in fresh funding
Bounce currently operates its dockless scooters in Bengaluru and Hyderabad with a fleet of 13, 000 and 2, 000 vehicles respectively. It's docked scooter rental service is available to commuters in over 35 cities.
In a rocky startup world, candidates toss questions to interviewers
For sleep-solutions company Wakefit.co, the questions often are on layoffs - whether the company has ever handed out pink slips due to cost-cutting measures and/or change in direction, and if so, how they dealt with it.
Siemens arm debuts in Pando’s $9 million round
Angels including VMWare India MD Ramkumar Narayan, Alok Mittal, CEO of Indifi, and Saikiran Krishnamurthy of xto10x Ventures also participated in the round.
Ex-Paytm staff Sonia Dhawan joins SAIF Partners
“We confirm the development that Sonia has joined SAIF as corporate communications adviser to help portfolio companies," SAIF Partners said in a statement. Paytm is one of SAIF’s top portfolio companies, and the fund owns an about 18% stake in it.
Mamaearth’s parent company gets Rs 130 crore
The company has raised Rs 162 crore since inception. ET had earlier reported that Mamaearth was in talks to raise $10 million from Sequoia Capital.
Venture Highway raises Rs 560 crore for second fund
The maiden fund, whose corpus has not been disclosed, was anchored by Sood and Neeraj Arora, the former chief business officer at VOIP platform WhatsApp.
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