Venture Capital
TMT
Foxconn writes off additional $40 mn stake in Snapdeal
FIH Mobile Ltd, a subsidiary of Taipei-headquartered Foxconn Technology Group, has written down the remaining $40 million of its $200 ......
TMT
IAN leads investment round in gamified learning startup Knudge.me
Bengaluru-based gamified learning startup Knudge.me has raised an undisclosed sum from the Indian Angel Network, a company statement said.Bikky Khosla, ......
Finance
IIM Ahmedabad incubator hits first close of Bharat Inclusion Seed Fund
The incubation centre at the Indian Institute of Management, Ahmedabad, has launched a $25 million (Rs 169 crore) initiative to ......
TMT
Swiggy seeks unicorn status, in talks to raise $250 mn
Online food delivery startup Swiggy is looking to raise $250 million, instead of $150-200 million it was considering earlier. The ......
TMT
Nykaa closes Series D round at $24 mn
Beauty e-tailer Nykaa has closed its Series D round of investment at Rs 165 crore ($24 million) from its existing ......
People
VC firm Lightspeed India appoints former Andreessen Horowitz exec as partner
Venture capital firm Lightspeed India Partners has appointed former Andreessen Horowitz executive Hemant Mohapatra as a partner.“I'll be joining the ......
TMT
These marquee investors gave Flipkart a miss
When a startup is desperate for cash, it inevitably meets every investor in town—which is what Flipkart did in its ......
TMT
Rairah Corp backs Pune business scion's fresh produce firm Earth Food
Pune-based agri-tech startup Earth Food, which grows residue-free fruits and vegetables and sells them both online and offline, has raised ......
TMT
WestBridge leads Series B investment in healthcare data firm Innovaccer
Innovaccer Inc., a Silicon Valley-based healthcare data platform, has raised $25 million (Rs 168 crore) in a Series B round ......
TMT
Accel Partners reveals why it invested in Flipkart at a time when it had no backers
Monumental. That's how Accel Partners described portfolio company Flipkart's $16 billion acquisition by US retail giant Walmart Inc. The venture ......
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