Venture Capital
TMT
Angel tax: Some relaxation for startups but riders remain
The Indian government on Tuesday sought to relax the provisions of the ‘angel tax’ that ends up taxing startups...
TMT
Ola bags $92-mn cheque from Flipkart co-founder Sachin Bansal
Flipkart co-founder Sachin Bansal has invested Rs 650 crore ($92 million) in ANI Technologies Pvt. Ltd, which operates cab-hailing...
Manufacturing
SIDBI's Samridhi Fund backs water-filtration company
Social-impact venture capital fund Samridhi Fund, managed by Small Industries Development Bank of India (Sidbi), has invested...
TMT
SAIF Partners leads $12.5-mn funding in digital lender ZipLoan
Online lending platform ZipLoan has raised Rs 90 crore ($12.5 million) in a Series B round led by venture capital ......
Healthcare
Cipla to acquire stake in VC-backed digital therapeutics startup Wellthy
Cipla Ltd has agreed to acquire an 11.71 % stake in health-tech startup Wellthy Therapeutics Pvt. Ltd for Rs 10.5 ......
Consumer
Bike rental startup Royal Brothers raises funding
Bike rental brand Royal Brothers, owned by Royalbison Autorentals India Pvt. Ltd, said it has raised $1 million (Rs 7 ......
TMT
Angels back travel-tech startup PickYourTrail in Series A round
PickYourTrail, a travel tech startup that helps travellers plan and book multi-country vacations online, has raised close to $3...
Manufacturing
Former Tata Steel execs lead seed round in steel and industrial goods retail firm
As many as 17 individuals, led by two former Tata Steel Ltd bosses, have invested in the seed round of ......
Healthcare
Spine-care clinic chain Qi Lifecare seeks Series B funding
Qi Lifecare Pvt. Ltd, a Mumbai-based company that runs a chain of spine-care clinics, is in talks to raise Series ......
People
Early-stage VC firm Orios appoints former Jio exec as venture partner
Early-stage venture capital firm Orios Venture Partners has strengthened its top deck with the appointment of telecom major Reliance...
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