No play on the field, sports firms go digital
Firms like IOS Sports & Entertainment, Baseline Ventures, Cornerstone Sports & Entertainment are all looking at new digital options to capitalise on their clients’ reach and popularity using online channels.
Voltas' joint-venture launches new plant for home appliances
The company in a media release said this manufacturing facility will leverage Ar...
Venture takes music education mainstream
FSM’s team of musicians began giving lessons in Mumbai schools before expanding to more cities. Toda...
Tricog gets $10.5 million from Tokyo Edge Cap, others
Existing investors Inventus Capital and Blume Ventures also participated in the Series B funding round.
To keep functioning amidst a lockdown, Licious booked hotel for 600 employees
The firm has implemented a new delivery design system and have started slotting the deliveries now to manage them better. Further, it has started partnering with other delivery fleets.
Blackstone forms joint venture with Hiranandani for logistics foray
Though this venture, both the entities will be investing over Rs 2,500 crore initially to develop the 12 million sq ft industrial and warehousing assets portfolio of Hiranandani’s logistics venture GreenBase and additional assets built up coming through acquisitions of land or warehousing assets in other locations.
Spinny raises $43.7 mn funding led by Fundamentum Partnership
Spinny had raised its seed round from Blume Ventures and Simile Ventures, and most recently it had closed its Series A round of $13.2 million co-led by SAIF Partners and Accel in April last year.
Only 44 startups in Silicon Valley got funded last month
In January, 126 startups in the region raised money from investors. The number was particularly high, perhaps thanks to a light December. But that sank to 60 companies in February—about on par with February of last year.
Fintech company YAP raises $ 4.5 million
The funds will be used to strengthen the team, build technology and offer enhanced API products to financial services companies with a specific focus on enabling access to credit, corporate banking solutions, and cross border payments.
Info Edge opens Rs 100 cr venture fund
It is, however, yet unclear if the company will bring in external investors to back the fund along side it, or the stage in which it will invest in potential companies.
Virtual reality platform raises fresh round of funding
The company did not disclose the amount but this is followed by the startup’s pre-seed round of $1.3 million in 2018, and has been led by Rockstud Capital Investment Fund (with participation from existing investors IAN Fund and YourNest Venture Capital).
Budget 2020: What’s next for Private Equity and Venture Capital industry
The PE & VC industry is set to play a significant role in upping India’s growth trajectory and quality through their role in making long term investments, job creation, innovation and better governance and professionalisation of Indian companies.
Law firms double as mentors for founders of new ventures
A growing number of boutique law firms and established players are reaching out to guide these ventures through legal and procedural minefields.
New ventures help office-goers sail through commuting chaos
Startups focus on carpools, buses and corporate services to make ride to work peaceful.
Flipkart co-founder, Binny Bansal, bets big on gold loan startup Rupeek
Rupeek, which dispatches appraisers to prospective borrowers’ doorsteps to assess and pick up jewelry, is finding favor with Indians ashamed of being seen pawning family heirlooms.
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