VENTURE CAPITAL

Ronnie Screwvala ups stake in Lenskart, invests $3.5 mn more

January 09, 2017 | Varun Arora

Media entrepreneur-turned-investor Ronnie Screwvala’s Unilazer Ventures has invested Rs 24 crore ($3.5 million) in eyewear retailer Lenskart Solutions Pvt Ltd through a secondary transaction, a media report said.

Software products firm Zoho invests $10 mn in five startups

January 06, 2017 | Shruti Jain

Enterprise tech firm Zoho has invested around $10 million (almost Rs 68 crore) in five startups, including machine-vision company Zentron Labs and medical devices maker vTitan, according to a media report on Friday.

Supply chain solutions firm LEAP India raises another $13 mn

January 06, 2017 | Debjyoti Roy

LEAP India Pvt Ltd, a Mumbai-based supply chain solutions company, has raised Rs 88.34 crore ($13 million) in its Series B round of funding from a clutch of new and existing investors, a financial daily reported on Friday.

Exclusive: Kitara Capital spends $18.5 mn bottom-fishing listed firms

January 05, 2017 | Debjyoti Roy

Mumbai-based private equity firm Kitara Capital Pvt Ltd, which invests mainly in publicly listed companies, has used part of the capital it raised recently to increase its stake in some existing portfolio firms, regulatory filings show.

New York-based DanGold Investment backs dental care startup MobiDent

January 05, 2017 | Binu Paul

Bangalore-based dental care startup MobiDent has raised an undisclosed amount in pre-Series A funding from New York-based DanGold Investment Corp.

Apple to invest $1 bn in SoftBank Vision Fund

January 05, 2017 | Disha Sharma

Apple Inc. is investing $1 billion in SoftBank Corp’s $100-billion tech fund, according to a report in a major international daily.

500 Startups puts India VC fund on hold again, freezes ‘Kulfi’

January 05, 2017 | Varun Arora

500 Startups, a Silicon Valley-based startup accelerator and early-stage venture capital fund house, has hit the pause button on its $25 million fund, Kulfi, focused on India, Sri Lanka and Bangladesh.

Marico Foundation, Villgro invest in medical devices firm Yostra Labs

January 04, 2017 | Shruti Jain

Bengaluru-based medical technology startup Yostra Labs Pvt Ltd has raised an undisclosed amount of funding from Marico Innovation Foundation (MIF) and social enterprise incubator Villgro, the company said in a statement on Wednesday.

Exclusive: Sequoia Capital invests more in Suburban Diagnostics

January 04, 2017 | Joseph Rai

Pathology chain Suburban Diagnostics India Pvt Ltd has received additional investment from venture and growth capital investor Sequoia Capital, two people privy to the development told VCCircle.

Kae Capital invests in SaaS startup Learntron

January 04, 2017 | Varun Arora

Chennai-based Heuristix Digital Technologies Pvt Ltd, which runs and operates learning-technology venture Learntron, has raised an undisclosed amount of funding from venture capital firm Kae Capital.

Exclusive: Hong Kong-based K2 Investments invests in IoT and SaaS startup TempoGO

January 03, 2017 | Debjyoti Roy

TempoGO, an IoT and SaaS-based solutions provider for commercial transportation, has raised its seed round of funding from a clutch of investors, a top company executive told VCCircle.

Exclusive: Angel investors back car services marketplace VOW CarClinic

January 03, 2017 | Dearton Thomas Hector

Gurgaon-based GreyHair Ventures Pvt Ltd, which runs car servicing and repair startup VOW CarClinic, has raised an undisclosed amount of angel funding, the firm’s co-founder Abhishek Menon Ramachandran told TechCircle.in.

Exclusive: Ex-Snapdeal exec Anand Chandrasekaran invests in fashion app Fynd

January 03, 2017 | Disha Sharma

Fashion portal Fynd, run by Shopsense Technologies Pvt Ltd, has raised an undisclosed amount of funding from Facebook executive Anand Chandrasekaran, two people familiar with the matter who did not wish to be identified told TechCircle.in.

Social impact investor Aavishkaar to raise $100-150 mn for Africa investments

January 03, 2017 | Debjyoti Roy

Aavishkaar Venture Management, an investment firm that backs enterprises working in rural areas, will raise between $100 million (Rs 681 crore) and $150 million (Rs 1,022 crore) for investments in Africa, said a report in a business daily. 

Exclusive: Former Infosys CFOs sign another cheque for TaxSutra

January 02, 2017 | Dearton Thomas Hector

Pune-based Taxsutra Services Pvt Ltd, which runs tax information portal TaxSutra, has raised Rs 2.5 crore in its third round of funding from existing investors V Balakrishnan and T V Mohandas Pai, former board members and CFOs of Infosys.

RB Investments, Kaleden Holdings invest in instantPay

December 30, 2016 | Varun Arora

New Delhi-based SMSdaak India Ltd, which operates digital payments startup instantPay, has raised between $3 million and $5 million (Rs 20 crore to Rs 34 crore) in pre-series A funding from Singapore-based RB Investments and Kaleden Holdings. 

How stage-wise VC dealmaking in India fared

December 29, 2016 | Joseph Rai

Venture capital deals fell across stages this year after peaking in 2015 with early stage funding getting significantly hit both in terms of volume and value as investors turned extremely cautious and selective in placing their bets on startups despite adequate funds at their disposal.

Chennai Angels invests in e-commerce startup The Postbox

December 29, 2016 | Binu Paul

The Postbox, a Chennai-based art and lifestyle e-commerce firm, has raised an undisclosed amount of angel funding from The Chennai Angels.

Altico Capital deploys $59 mn across projects in Pune, Noida

December 29, 2016 | TEAM VCC

Non-banking financial company (NBFC) Altico Capital has invested roughly Rs 400 crore across projects of Delhi-NCR-based Panchsheel Group and Pune-based Pharande Group, the lender said in a statement.

CoCreate Ventures sets up startup fund, backs JustBooks

December 29, 2016 | Disha Sharma

Investment firm CoCreate Ventures has set up a Rs 15 crore ($2.2 million) fund to help startups pivot or turn around.

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