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IFMR Capital bets $2.5 mn on fin-tech firm Capital Float

TMT

06 February, 2017

IFMR Capital bets $2.5 mn on fin-tech firm Capital Float

Online lending platform Capital Float, operated by Bangalore-based Zen Lefin Pvt Ltd, has raised Rs 17 crore ($2.5 million) from ......

Stellaris Venture Partners marks first close of maiden fund

General

06 February, 2017

Stellaris Venture Partners marks first close of maiden fund

Stellaris Venture Partners, an early-stage venture capital firm founded by former top executives at Helion Venture Partners, has hit the ......

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How venture capital deal-making panned out in India in the new year

General

03 February, 2017

How venture capital deal-making panned out in India in the new year

Private investments in India started on a tepid note in the new year with only a moderate pick-up in both ......

Vanguard joins SoftBank in lowering Ola's valuation

TMT

04 February, 2017

Vanguard joins SoftBank in lowering Ola's valuation

A mutual fund managed by US-based investment firm Vanguard Group has marked down the value of its stake in ANI ......

Blume Ventures-backed fintech firm SlicePay buys rival Trustio

TMT

02 February, 2017

Blume Ventures-backed fintech firm SlicePay buys rival Trustio

Blume Ventures-backed digital payment platform for college students SlicePay has acquired Trustio, a New Delhi-based peer-to-peer lending company, in an ......

Nasdaq plans venture arm to back fintech firms

General

10 February, 2017

Nasdaq plans venture arm to back fintech firms

Exchange operator Nasdaq Inc (NDAQ.O) plans to set up a venture capital arm to invest in financial technology companies that ......

MobiKwik in talks to raise funds, targets $1 bn valuation

TMT

08 February, 2017

MobiKwik in talks to raise funds, targets $1 bn valuation

Indian mobile payments and digital wallet firm MobiKwik says it is in talks to raise more funds at a level ......

Former Infosys exec invests in B2B sales assistant Clodura

TMT

02 February, 2017

Former Infosys exec invests in B2B sales assistant Clodura

Pune-based automated lead generation startup Clodura Systems Pvt. Ltd has raised an undisclosed amount of investment from a high-net-worth individual ......

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E-learning service provider Schoolguru raises bridge round

TMT

02 February, 2017

E-learning service provider Schoolguru raises bridge round

Schoolguru Eduserve Pvt Ltd, which provides e-learning services to universities, has raised a bridge round of funding from some of ......

IT industry has little to cheer and complain about

TMT

01 February, 2017

IT industry has little to cheer and complain about

The Union budget for 2017-18 largely had a neutral impact on the Indian IT industry, which has been jolted by ......

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