SME lender OfBusiness bags Rs 200 crore in Series C
This takes the total amount raised by the Gurugram-headquartered company to Rs 500 crore, as a mixture of both debt and equity.
Homestay startup Stayzilla up for grabs
Started in 2006 by Yogendra Vasupal, Sachit Sanghi and Rupal Yogendra, Stayzilla — backed by marquee ...
Razorpay gets $20 million from Y Combinator, Tiger Global and Matrix Partners
Razorpay had earlier raised $11.5 million, including a strate...
Ola leads $7 million round in bike-sharing company Vogo
Three-year-old firm draws in marquee investors like Stellaris Venture Partners & Matrix Partners.
Seed deals sprout as angels return to field
Top VC firms are venturing out again as they see an increase in entrepreneurial activity in India.
Ola acquires public transport ticketing and commuting app Ridlr
The deal marks Ola's expansion as a broader transportation company as it gets into public transport as well. The deal is primarily a stock transaction.
Lending company Avail Finance raises $17.2 million
Ankit Bhatia and Bhavish Aggarwal from Ola, FreeCharge founder Kunal Shah, Flipkart cofounder Binny Bansal and Mswipe founder Manish Patel also participated in the round.
Venture capital firms' $2 billion fund hunt no walk in park
Venture capital firms say LPs that had been taking macro calls on India, varying in extremes from euphoria to doom and gloom, are now more nuanced and likely to be more selective.
OfBusiness to expand service offerings soon
Online B2B financing platform is expecting NBFC licence in next fortnight
ElasticRun raises $40 million from Prosus Ventures, Avataar, others
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.
Edtech startup Testbook raises funds from Matrix Partners
Testbook, founded by a team of IIT graduates, leverages technology to make preparation for government jobs tests more efficient, accessible and affordable.
Tiger, YC, Yuri Milner to fund payments company, Razorpay
Sources said Razorpay is likely to raise around Rs 120 crore, mostly from internal investors, as it readies to take on the likes of Stripe and PayPal as well as domestic competitors.
Mswipe completes round D with $10 million
As part of investment, Facebook cofounder Eduardo Saverin will join the company’s board
Matrix Partners India looking to exit Cloudnine Group of Hospitals
Matrix had backed Cloudnine in its early growth strategy in 2011, an investment funded through their first fund and had also re-invested in subsequent investments rounds thereafter.
LimeRoad joins rush for offline stores
The online firm plans to open 2,000-3,000 LimeRoad stores across the country in the next 2-3 years, and these will be run by sellers.
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