Gaja Capital leads Rs 85-cr investment in Chumbak Design
The latest round has also seen participation from Chumbak’s existing list of risk capital investors, which includes, venture capital firms Matrix Partners India and Seedfund.
Tough road ahead: Investors can’t find a fit in online fashion retail
Funding for standalone fashiontech startups such as Yepme, Voonik and W...
Epiq Capital to focus on secondary investments in startups
"The capital till now has been raised from global institutional investors, with no...
Healthcare co DocTalk gets $5m from Matrix and others
The Mumbai-based company will use the funds primarily for hiring in sales, operations and technology, and to expand to new areas.
Profitability or scalability? Founders & investors weigh in
At a round table discussion at The Economic Times Power Of Ideas event in Mumbai, startup founders and investors came together to deliberate on the profitability question for Indian startups.
Fund crunch grounded some big dreams in startupland
The number of new technology startups launched fall for the first time in over five years to 1,000 in 2017; 53% drop in seed investments as well.
Logistics tech co LoadShare raises funding from Matrix Partners India
Loadshare will utilise the current round of capital for hiring talent in engineering and operations team.
NHL-Highlights of Sunday's NHL games
NHL-HIGHLIGHTS/:NHL-Highlights of Sunday's NHL games
NBA-Holiday time for Pelicans as New Orleans rally past Suns
BASKETBALL-NBA-PELICANS/:NBA-Holiday time for Pelicans as New Orleans rally past Suns
Matrix Partners earns 20 times returns after selling its stake in online rummy gaming company
The venture capital firm is said to have made over Rs 257 crore on its seven-year-old investment, as the Canadian investment firm Clairvest picked up a majority stake in Ace2Three for $74 million (Rs 474 crore) last week.
B2B data tech platform CreditVidya gets $5 mn from Matrix, Kalaari
The Mumbai-based company works with over 20 lending institutions including Bajaj Finance, Capital First, Fullerton India, Tata Capital, Aditya Birla Finance, IndusInd Bank amongst others, to apply big data analysis for credit underwriting to enable assessment of risk for first-time borrowers more accurately.
Investors book a spot in Treebo with Rs 226 crore
The series-C round of equity financing is the first by the Bengaluru-headquartered Treebo, since it announced a Rs 112-crore round of funding, which was led by Bertelsmann India Investments in July last year.
Rs 80 crore stake in Practo may be up for grabs
It is unclear whether the selling stakeholders include Practo's early backers, a list that includes now-defunct startup accelerator, The Morpheus, or its employees loo king to vest their stock options.
Medlife has $30 million prescription to scale up business
With this money, the company says it plans spread over 100 cities by 2018.
The rise and fall of TinyOwl: Lessons that start-up founder Saurabh Goyal learnt
Saurabh Goyal, founder of TinyOwl, recalls his roller-coaster experience of running the startup.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service