Varanium NexGen Fund leads investment round in fintech company HomeCapital
The company’s enables home buyers accelerate their home ownership through its down payment assistance program.
GramCover raises Pre-Series A funding from EMVC, Flourish, others
GramCover is creating an ecosystem for delivery of insurance products inclu...
CoinDCX raises $2.5 mn in funding round led by Polychain Capital
The new investment will further bolster adoption efforts, the statement said...
After 133% rally, has SoftBank's Son pulled off yet another escape from the abyss?
SoftBank has benefited from a rebound in its portfolio of companies, particularly Alibaba. The e-commerce giant hit record after record this year, with its market valuation pushing past $700 billion. Uber Technologies Inc., a key Vision Fund investment, has more than doubled since its mid-March trough.
Private Equity funds recorded investments worth $45 billion in 2019: Report
India’s share of the APAC deal market increased to nearly 25 percent in 2019 and investment value was about 70 percent higher than 2018. This year saw investment activity in companies such as Lenskart, Zilingo, Grofers and FirstCry.
India tops China in fintech funding in Jan to March; tie in deal numbers
During the period, VC-backed fintech activity dropped to $6.1 billion across 404 deals, the worst Q1 since 2016 for fintech deals.
Wary of FDI rules, Chinese VCs put new funding on hold
Chinese VCs are turning increasingly anxious about India’s new foreign direct investment policy.
Oyo witnessing green shoots in India: Ritesh Agarwal, founder, Oyo Hotels & Homes
The United States of America has gone through very challenging times with the highest number of Covid cases globally, said Ritesh Agarwal while replying to a question.
Physician engagement startup Doceree closes seed funding round of $1 million
The New Jersey-based health-tech startup plans to utilize the funds for customer acquisition, recruiting talent, scaling up operations in India and the US and ramping up technology to further digitalize physician engagement experience, said a press statement issued by the company.
ShareChat looks to raise $200 million as India bans Chinese apps
ShareChat and China’s ByteDance, which owns Helo and short videos platform TikTok, have been battling for the same next billion internet users from small towns in the country.
Indian startups get creative as coronavirus crisis fuels funding crunch
BookMyShow is promoting free-to-watch Instagram Live performances in an effort to keep its users engaged, while restaurant aggregator and food delivery firm Zomato is targeting a push into alcohol delivery.
Zomato revenue doubles to $394 million in FY20
In the first quarter of the ongoing fiscal year, the company's Ebitda loss stood at $12 million on revenue of $41 million and unit economics of its food delivery business improved.
SARVA raises funds from Mantra Capital
In the past, SARVA has raised funding from celebrities including Jennifer Lopez, Mark Mastrov, Malaika Arora, Aishwaryaa R Dhanush, Shahid and Mira Kapoor, among others.
T-Hub partners with MeitY and Digital India to lead program for hardware startups
As many as 10-15 startups with leading-edge solutions in mobility, energy, agriculture, aerospace, manufacturing, consumer, healthtech, medtech, smart cities and logistics and supply chain sectors will be shortlisted.
Facebook co-founder’s B Capital warns of tough times for cash-guzzlers
Founded by Saverin and former Bain & Co. executive Raj Ganguly, B Capital bets on startups such as delivery firm Ninja Van that support growth sectors like e-commerce rather than e-commerce itself.