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Mobikwik to get $40 mn from South African payment firm Net1

Arti Singh

NASDAQ-listed South African payment solutions and transaction processing company Net 1 UEPS Technologies Inc. has signed a subscription agreement with India's digital wallet firm MobiKwik.

 Exclusive: Online home design startup HomeLane raises more capital from Sequoia, Aarin

Nishant Sharma

Bangalore-based Homevista Decor and Furnishing Pvt Ltd, which runs online furniture and home design services marketplace, HomeLane.com, has raised additional capital from existing investors as it scouts for more money from new investors.

Girish Mathrubootham, Kunal Shah and Anand Chandrasekaran invest in Crownit

Vijayakumar Pitchiah

Gurgaon-based GoldVIP Technology Solutions Pvt. Ltd that operates merchant discovery and rewards platform Crownit has secured an undisclosed investment from a group of investors, it said in a statement.

Bridge funding for startups rises as fresh VC rounds stretch longer

Joseph Rai

Indian startups are relying increasingly on temporary fundraising, mostly from existing investors, to maintain and grow their business as mopping up funds from new venture capital investors gets tougher and more time-consuming.

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