Indifi raises Rs 145 crore in Series-C funding led by CDC Group
Nearly 80% of India’s MSME enterprises still depend on informal sources to meet their funding requirements.
Omidyar Network announces Rs 16 crore grant focused on property rights
Global impact investment investor sets aside Rs 3.5 crore as innovatio...
DoubtNut raises funding from Sequoia India's Surge, others
The company will use the freshly infused capital to deepen and widen its product o...
Corisol holdings, IFC, others put $70 million in e-pharmacy 1mg
1mg eyes tier-III towns, plans to expand its labs business to 100 cities and grow its data science team to build new products such as a digital doctor and AI health bots..
Bounce raises $72 million from B Capital, Falcon Edge, others
The investment will fund the startup’s expansion out of Bengaluru into ten new cities over the coming months.
Content firm Pratilipi raises Rs 105 crore
Nexus Venture Partners, Omidyar Network India, Shunwei Capital, Contrarian Vriddhi Fund and WEH Ventures also participated in the round, taking the total funds raised to more than $20 million.
Dailyhunt acquires LocalPlay for undisclosed sum
Bengaluru-based Dailyhunt said the acquisition underscores its aggressive strategy of attracting new users, residing in the tier I, III and IV Indian cities and towns.
NCAER, NIPFP, Brookings get Rs 16-crore grant from Omidyar Network for research on property rights
The Rs 16-crore fund includes an innovation fund of Rs 3.5 crore (USD 500,000) to back proposals from across the country.
Women-centric social network Healofy raises Rs 55 crore from BabyTree Group, Omidyar Network India, others
The company plans to invest the funds to further strengthen the product, engineering and data science teams and scale its machine learning & personalisation engine.
How Indifi is leveraging technology to lend to SMEs with little or no credit history
With 30%, first-time unsecured borrowers on the platform, Indifi is fuelling the growth of country's lending ecosystem by catering to startups & SMEs with little or no credit history.
ZestMoney raises $20m in fresh round
ZestMoney said it would utilise the capital to broaden its technology focus.
Omidyar Network, Sunil Munjal in talks to invest in Metrobikes
Metrobikes first raised Rs 5 crore in a seed round in 2015. Metrobikes, originally called ‘Wicked Rides,’ launched as a premium motorcycle rental company in May 2014.
Omidyar Network outguns local VCs in startup bets
The firm is also looking to tap into its global network to recreate successful global businesses in India and vice versa to expand its portfolio reach.
Small-time brands, scammers use PM’s likeness to sell on Facebook
This is a searchable archive of advertisements on the social networking site that are political or related to national importance.
Digital lending in India set to grow to $100 billion by 2023: Report by Omidyar Network and BCG
The study says, India, with a largely level playing field, no dominant incumbents, and a range of entrants and business models can be successful in tapping the MSME lending market.
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