LIGHTSPEED VENTURE PARTNERS
Silicon Valley-based Lightspeed Venture Partners raising Rs 740 crore for debut India fund
The VC firm, an early investor in photo sending platform Snapchat, has been soft-marketing its India fund to institutional investors since late last year.
LocalOye raises Rs 31 crore from Lightspeed Venture Partners, Tiger Global Management
LocalOye, which lists local and home services across Mu...
Oyo founder Ritesh Agarwal investing $700 m in $1.5-B fresh round
Investment to be routed via RA Hospitality and financed by the $2-2.2b debt...
Udaan valuation soars to $2.8 billion post $585 mn funding
ON THE FAST LANE: Firm’s rise to Unicorn status makes a compelling case for SME digital disruption.
Koramangala is an extremely peaceful yet fun neighbourhood: Aditya Rao, LocalOye
LocalOye is currently present in Mumbai, Bengaluru and Gurgaon. By the end of August, we should also be present in Delhi and Noida.
Home services firm LocalOye to launch online services; eyes tier II, III cities
LocalOye provides dozens of home service options offline in Bengaluru, Mumbai and Gurgaon, and currently receives 3,500 service requests a day.
Why VC firms are investing aggressively in budget-segment startups that cater to middle class
Investors see an aspirational middle-class with easier access to affordable smartphones potentially translating to a greater propensity to shop online.
Uber India offers free rides with top VC firms to aspiring entrepreneurs
To hail 15 minutes with a VC, all an entrepreneur had to do was to fire up his or her Uber app and slide over to the 'UberPITCH' view between 12 pm to 4 pm.
Doormint raises $3 mn in Series A funding from Helion Venture Partners, Kalaari Capital
Doormint has raised $3 million in Series A funding from a round led by Helion Venture Partners with participation from Kalaari Capital.
On-demand logistics startup Townrush raises seed funding from Lightspeed
The undisclosed amount is being invested into the company's physical infrastructure, technological development, and scaling up its core team.
Oyo parent Oravel sets up 2 JVs with SoftBank's SB Topaz
Oyo has also been contemplating setting up a global hospitality property fund that will acquire properties across markets and lease those to the company at an agreed-upon yield.
Home services firm Housejoy raises $4 million from Matrix Partners for expansion
Launched this January, Bengaluru-based Housejoy has been growing 30-40 per cent on a weekly basis and is currently fulfilling close to 1500 orders a day.
Grofers raises Rs 220 crore in fresh round
Grofers will launch services in Hyderabad and Pune, in addition to being present in Mumbai, Delhi and Bengaluru.
Social shopping platform LimeRoad gets Rs 185 crore to drive the next wave of growth
Matrix Partners India and Lightspeed Venture Partners also participated in the latest round of funding, taking the total capital to about Rs 310 cr.
Jyoti Bansal's AppDynamics to support all apps on Apple Watch
US-based AppDynamics said its application intelligence tool will support apps designed for the new Apple Watch, allowing developers identify and measure its performance throughout.
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