- Healthcare Data Analytics Startup Innovaccer Raises $25 Mn From Westbridge And Lightspeed Innovaccer, a healthcare data analytics startup has raised its total funding to $41 Mn, with the recent $25 Mn Series B investment. The round was led by Westbridge Capital with participation from Lightspeed Ventures. Originally started with a capital of $30,830.65 (INR 20 Lakh), the data analytics startup picked up its first institutional funding led […]
- OneAssist Raises $18Mn From Sequoia Capital, Lightspeed Ventures, Others Mumbai-based startup OneAssist has raised $18 Mn funding in Series C round from Sequoia Capital, Lightspeed Ventures, and New York-based insurance provider Assurant. New investor Moonstone Investments also participated in the round. OneAssist was founded in 2011 by Gagan Maini and Subrat Pani. It offers credit card and smartphone protection in case of loss/theft. It […]
- US Based Ebix Invests $123 Mn In ItzCash, Acquires 80% Stake; Matrix, Lightspeed, Intel Exit US-headquartered Ebix Inc., has invested $123 Mn (INR 800 Cr) in Mumbai-based payments solution firm ItzCash against 80% stake in the company. The funding has been done at a valuation of $150 Mn and Ebix will now be the majority shareholder in the company. As told by the company spokesperson in an interaction with Inc42, […]
- Inside Zomato’s Push Towards Cloud Kitchen – And The Road To Profitability? Zomato has set up its first Cloud Kitchen in a suburb of Delhi, Dwarka, as part of the pilot phase of its new project – Zomato Infrastructure Services. However, since the announcement was first made in November 2016, the company has been cagey about its strategies – specifically, after facing a rough patch in 2016. […]
- In a First For Asia, Chan Zuckerberg Initiative Backs Indian Edtech Startup BYJU’S Bengaluru-based edtech startup BYJU’s has raised $50 Mn funding led by the Chan Zuckerberg Initiative (CZI), which was founded by Mark Zuckerberg and Dr. Priscilla Chan, along with Sequoia Capital. Sofina, Lightspeed Ventures, and Times Internet Ltd are the other investors who participated in the round. This is the first investment from the Chan Zuckerberg […]