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Sequoia Capital bets on digital lending startup

TMT

18 July, 2019

Sequoia Capital bets on digital lending startup

Multi-stage investor Sequoia Capital India has led the first institutional investment round in a Delhi-based financial technology...

Ratan Tata-backed Teabox gets funding from Dubai's NB Ventures

TMT

18 July, 2019

Ratan Tata-backed Teabox gets funding from Dubai's NB Ventures

Speciality tea e-tailer Teabox.com, operated by Singapore-based AsianTeaxpress Pte. Ltd, has raised an undisclosed amount from...

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SIDBI adds more VC funds to LP portfolio; bullish on venture debt

Finance

18 July, 2019

SIDBI adds more VC funds to LP portfolio; bullish on venture debt

Small Industries Development Bank of India (SIDBI) has expanded its portfolio of investments as a limited partner (LP) by backing...

Venture Catalysts backs investment platform Vested

TMT

18 July, 2019

Venture Catalysts backs investment platform Vested

Incubation and accelerator platform Venture Catalysts has invested an undisclosed sum of money in Vested, an investment platform...

eBay bets on Paytm Mall in renewed India push

TMT

18 July, 2019

eBay bets on Paytm Mall in renewed India push

US-based online retailer eBay Inc. is investing in Vijay Shekhar Sharma-led Paytm Mall to acquire a stake of about 5.5%, ......

Commodity procurement startup Procol raises $1 mn from Blume Ventures, Rainmatter Capital

TMT

17 July, 2019

Commodity procurement startup Procol raises $1 mn from Blume Ventures, Rainmatter Capital

Commodity procurement platform Procol Tech Pvt. Ltd. has raised $1 million (Rs 6.88 crore at current exchange rates) in a ......

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Impact investor Lok Capital backs organic dairy firm

Consumer

17 July, 2019

Impact investor Lok Capital backs organic dairy firm

Impact venture capital firm Lok Capital has invested in a Karnataka-based company that produces and sells organic milk and dairy...

Icertis enters unicorn club with $115-mn cheque from PremjiInvest, others

TMT

17 July, 2019

Icertis enters unicorn club with $115-mn cheque from PremjiInvest, others

Enterprise contract lifecycle management company Icertis Inc. has raised $115 million (Rs 791.63 crore at current exchange rates)...

Angel investor Sanjay Mehta floats venture capital firm

Finance

17 July, 2019

Angel investor Sanjay Mehta floats venture capital firm

Sanjay Mehta, an entrepreneur-turned-angel investor, has floated a venture capital firm to invest in early-stage startups in India...

Dutch development bank FMO plans debt investment in Aye Finance

Finance

17 July, 2019

Dutch development bank FMO plans debt investment in Aye Finance

FMO, the Netherlands’ development finance company, plans to make a debt investment of $18.2 million (Rs 125 crore) in Indian...

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