Lightspeed Venture Partners

Jan 18, 2020, 05.57 PM IST



Questions for 2020: Jio does mega IPO?

A capital structure similar to that of global technology peers provides Reliance the flexibility to monetise either the consolidated ecosystem or individual platforms — telco, fibre, digital, payments etc. A private fundraising ahead of a public one seems likelier than that of both.

M&M unit SsangYong on the lookout for a strategic investor

The development comes in the wake of calls from financial institutions to Mahindra...

India, Oman sign maritime pact; foreign ministers of India-Oman-Iran meet in Muscat

Additionally, in a significant development that will have...

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  • A JV or development management agreement puts a large developer in the driver’s seat as the new entrant gains control of the new entity. Additionally, the established developer’s track record and ability to maintain cash flows help bolster project execution and marketing.

    IIT Madras Incubation Cell also joined the round as a part of its Seed Support Funding Scheme to its incubatees. The founder promoters also participated in the round. The startup was co-founded by Thillai Rajan, co-founder of YNOS and Professor of IIT Madras, who is also an Associate at the Mossavar-Rahmani Centre for Business and Government, Harvard Kennedy School, Harvard University.

    Formerly known as IDG Ventures India, Chiratae will continue to do Series A to late-stage investments across the technology sector through its fund.

    Nasscom said this partnership would also support collaborative research and development in areas of common interest between the organizations of these regions.

    The company, promoted by Boris Zha, a Singaporean national, raised the funds from Korea Investment Partners (KIP), SamsungVenture Investment Corporation (SVIC), UOB Venture, 10 Fund, CVCapital, Zero2IPO Ventures and M&S Partners among others.

    At a time when most Indian real estate firms are struggling, Virwani has managed to strike a cord with global partners like Blackstone, Warburg Pincus, Four Seasons and WeWork. While he has been making waves in Indian realty, he is not particularly well-known outside of Bengaluru. Here is a close-up account of the builder who bucked the trend.

    The development comes at a time when Jungle Ventures, TPG Growth and IKEA-backed Livspace, which competes with HomeLane, was also reported to be in talks to raise $100 million in fresh financing, at a valuation of over $500 million.

    Several companies assembled at Maker Village in Kochi to engage directly with the military and showcase their technologies in the Defence India Startup Challenge (DISC 3), unveiled by Rear Admiral R J Nadkarni, Chief of Staff, Southern Naval Command. The Indian army is moving towards indigenisation in all spheres.

    The startup said it will utilise the fresh capital to grow its own marketing and sales operations.

    ElasticRun will invest freshly raised capital to further build its technology platform, expand categories, and expand its network coverage to new geographies, its cofounder Sandeep Deshmukh said.

    The transaction, in preliminary stages, is part of the group’s thinking to unlock cash to fund its aggressive growth plans.

    AngelList and ET picked these individuals for the access they enjoy, follow-on rounds they have backed and the overall quality of these startups. ET spoke to these angel investors for providing another filter to the shortlist.

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