- Venture Debt Fund InnoVen Capital Invests $16 Mn in 13 Startups in Q4 2016 Mumbai-based venture debt fund InnoVen Capital has extended debt funding of more than $16 Mn (INR 110 Cr) in 13 new deals. A statement issued by the fund stated that its deployment for the year totalled almost $58.6 Mn, (INR 400 Cr) across 43 loans, to 35 startups. Out of these, 26 investments were new […]
- 7 Indian Startups Selected For Google Launchpad Accelerator Programme Google today announced the third batch of Indian startups that will join the Launchpad Accelerator programme at Google Headquarters in Silicon Valley, California. The seven Indian startups selected to be a part of the programme include Flyrobe, HashLearn, Rentomojo, KaptureCRM, Curofy, Happy Adda Studios, and Playment. The selected startups will become a part of the six-month mentorship programme […]
- Funding Galore: Startup Fundings Of The Week [29 August – 3 September] This week, Paytm announced an undisclosed investment from Mountain Capital, an investment fund of Taiwan’s MediaTek. According to speculations, MediaTek is expected to invest $60 Mn in the company. The funding will be used to accelerate and develop the mobile ecosystem in India encompassing payments, commerce and financial services. This week 14 startups raised $55 Mn […]
- IDG Ventures, Sequoia, Others Invest $5.3 Mn In Fashion Rental Startup Flyrobe Mumbai-based online fashion rental platform, Flyrobe, has secured $5.3 Mn in a Series A funding round. The round was led by IDG Ventures India with participation from Sequoia Capital India Advisors and GREE Ventures. Tokyo-based GREE Ventures’ investment in Flyrobe also marked its foray in India. GREE Ventures invests in early stage (Pre-Series A and Series A) Internet […]
- Funding Galore: Startup Fundings Of The Week [4 July – 9 July] Jabong has expedited sale process as owners AB Kinnevik and Rocket Internet are reluctant to invest more into the company in a gloomy eccommerce market. The company is in initial talks with online retailer Snapdeal, Aditya Birla Group’s fashion portal abof.com and Flipkart. This week, 22 startups raised about $119 Mn in funding altogether (the […]