- Tencent To Now Bet On Indian Early Stage Startups, Looks To Invest $5-15 Mn The Chinese conglomerate Tencent, known for its WeChat messaging platform is now eyeing the booming early stage startup landscape in India. As per reports, the company is looking to invest $5 Mn-$15 Mn in startups such as ShareChat and Kissht. “Tencent could invest between $5 Mn and $15 Mn across segments including, gaming, content, social […]
- Self-publishing Platform Pratilipi Garners $4.3 Mn Series A Funding Led By Omidyar Network Self-publishing platform Pratilipi, run by Nasadiya Technologies, has raised $4.3 Mn in its Series A round of funding led by Omidyar Network. The round also saw the participation of existing investors, Nexus Venture Partners, Atul Goel, Contrarian Capital and Times Internet Limited and new investors Shunwei Capital and WEH Ventures. The funds will be used […]
- Funding Galore: Indian Startup Funding Of The Week [15-20 Jan 2018] We bring to you the latest edition Funding Galore: Indian Startup Funding of the week. This week 13 Indian startups raised about $43 Mn in funding altogether in the Indian startup ecosystem. (The startup funding calculations are based on the startups that disclosed funding amount.) One of the biggest Indian startup funding this week was […]
- ShareChat Raises $18.2 Mn In Series B Funding From Xiaomi, Shunwei Bengaluru-based Indian regional language social platform ShareChat has raised $18.2 Mn in Series B funding round from Xiaomi Singapore and its sister company Shunwei Capital. Existing investors Lightspeed Venture Partners, Saif Partners, India Quotient, VH Capital also participated in the fundraising. The new round of investment will be used to strengthen the Machine Learning and […]
- Movers And Shakers Of The Week [20 -25 Nov] We bring you the weekly dose of important movers and shakers of the week. This week in one of the major shakers for the Indian startup ecosystem, ad-tech firm InMobi’s Co-founder and president, OEM and telco solutions Amit Gupta moved on to launch internet of things-driven bicycle sharing startup Yulu. Gupta will be CEO of […]
- Social Networking Startup ShareChat Looks To Rope In Xiaomi, Shunwei Capital For $15 Mn Investment Regional language based social networking app, ShareChat, is reportedly in talks to secure $15 Mn Series B funding from Beijing-headquartered electronics company Xiaomi and VC firm Shunwei Capital. Post the fundraise, the startup’s valuation is expected to soar to $65 Mn-$70 Mn, sources have revealed. Bengaluru-based ShareChat will be using the funding to improve its […]
- Funding Galore: Startup Fundings Of The Week [21 November – 26 November] The Securities and Exchange Board of India (SEBI) relaxed norms for angel funding in the country. The total number of angel investors allowed to invest in a venture is now raised to 200 from 49 and reduced the minimum investment amount to $36K from the previous limit of $76K. In another development, Paytm’s parent company, One97 […]
- ShareChat Raises $1.35 Mn Seed Funding From SAIF And India Quotient Vernacular content app, ShareChat has raised $1.35 Mn in seed round of funding from venture capital firm SAIF Partners. Existing investor India Quotient also participated in this round. ShareChat was founded by IIT-Kanpur alumni, Farid Ahsan, Bhanu Singh and Ankush Sachdeva, in October 2015. Initially, started as a content sharing tool for WhatsApp with users […]