Accor in advanced talks to invest up to $40 million in Treebo
The potential investment is expected to give Treebo a post-money valuation of $205-240 million and is likely to be part of a future larger round
Chumbak raises Rs70 cr from Gaja Capital, Others
Lifestyle brand to use funds for expanding its presence in tier 2 cities.
Medlife acquires Myra to take ePharma service to 22 cities
Bengaluru startup’s acquisition indicates early signs of consolidation in the sect...
Mahindra Partners invests Rs 206.5 crore in Centre for Sight
Promoters of Mahindra Partners also put in additional Rs 20 crore, taking the total investment to Rs 226.5 crore.
zoomtail tech raises funds in a round led by Matrix Partners
The round also saw participation from V1 Capital, Kunal Shah, Anshuman Bapna and Shamik Sharma.
Silicon Valley’s AngelList at work on India-dedicated fund
‘The Collective’ will deploy about ₹1 crore each across 60-80 companies annually and give access to quick capital to its Syndicate leads.
Ola may be back in Karnataka today after paying fine
State had imposed 6-month suspension on co for running ‘illegal bike taxi services’;Chief Minister ‘wanted order to be revoked’
Stanza Living bolsters leadership team as it looks to scalable growth
The recent hiring underscores the organisation’s focus on leveraging the multiplier advantage of inter-generational leadership.
VCs bet on startups that use regional languages to access next 100 million users
Some of these platforms are also leveraging the bargain-hunting and social-shopping behaviour to build trust.
For startups raising funds is easy, not hiring, retaining staff
Small startups struggle to get people on board as they question their prospects; they also can’t match fat cheques of big companies.
CreditVidya gets $3 million
The company, backed by Matrix Partners and Kalaari Capital, helps banks and financial institutions lend to new customers with the help of advanced data analytics.
Stanza Living eyes 50-fold growth in inventory
The company’s co-founder Sandeep Dalmia, earlier associated with Goldman Sachs and Boston Consulting Group, expects the company to add at least 10 more cities to its portfolio this year.
Transaction-based startups mean business for Matrix
The India-China comparisons were at its peak four years back. Foreign investors saw India as the next big market to plough capital, expecting high returns.
Top founders and investors pick their startup of the year
"This year Zerodha became the largest retail brokerage firm in India, competing against some of the biggest financial conglomerates in the country, while remaining bootstrapped," Kunal Shah, Founder, Cred.
Ola bets $100 million on scooter sharing startup Vogo
Under the deal, Ola will also allow its 150 million users to start booking Vogo scooters through its app.
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