Silicon Valley-based AngelList launches angel fund in India
AngelList will manage the legal and regulatory aspects of raising capital and investing it, while the byte-sized funds will be able to use its technology platform to manage their investments.
$24 million funding takes Amica pre launch valuation to $70 million
A host of investors are banking on new age startups for bumper returns. T...
Social e-commerce startup DealShare gets $11 million
Matrix Partners and Falcon Edge led the two investment rounds for the firm.
All about the new wave of techpreneurs
Their exposure in startup scene and operational credibility have made them darlings of venture capital firms
Sequoia Capital’s seed fund Surge backs 20 startups
Investors pick up startups at seed stage as more angels step in.
Matrix Partners’ Avnish Bajaj spots 3 trends for investing in early & growth businesses
I wish I knew whether this is the beginning of the bursting of a bubble
Startup funding jumps 25% amid ‘bubble’ fear
The data increasingly indicates that the boom in financing is being led by midand late-stage rounds of over $50 million, and is now trickling down to even early-stage transactions.
OfBusiness raises Rs 250 crore
The capital infusion comes at a time when the overall financial services sector has been under stress due to a liquidity squeeze.
Hyundai, Kia to invest in Ola Electric Mobility
The deal also comes after Ola Electric Mobility saw its valuation jump to $960 million in July from $250 million in February when it raised capital from Softbank Vision Fund.
Catching the neighbourhood shuttle
A couple of early stage startups are trying to address the problem of neighbourhood shuttle or micro-mobility. This is beyond bike-taxi startups, or bike rentals. The idea here is that these startups will move a group of people together for 3-5 km at a cheaper rate than a cab or scooter.
FPL Tech raises $4.5 million from Matrix, Sequoia
The startup, which has already launched OneScore App for credit tracking, will also look to offer credit cards to consumers in partnership with banks.
Matrix leads first funding round in neo bank Yelo
Funding tap is open for a host of new ventures.
South Africa’s Naspers may lead $55 million round in logistics startup ElasticRun
Post funding, the valuation of firm may touch $250 million.
VCs ready tools to plant seeds in startup ground
Venture capital firms launch separate seed-stage funds, accelerators and mentorship schemes.
SoftBank may lead funding in Lenskart, back Dailyhunt
SoftBank Vision Fund’s deal with Delhi-based Lenskart, where it will also potentially see a co-investor join the round, will value the company at close to $1.5 billion.
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