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Vehicle marketplace Droom raises funds from Toyota, Digital Garage; eyes IPO

TMT

17 May, 2018

Vehicle marketplace Droom raises funds from Toyota, Digital Garage; eyes IPO

Droom, an online marketplace for new and used cars, said it has raised $30 million (Rs 204 crore) in a ......

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How Pramod Bhasin and Vikram Gandhi minted money in Asha Impact's Varthana exit

Finance

15 May, 2018

How Pramod Bhasin and Vikram Gandhi minted money in Asha Impact's Varthana exit

Investment banker Vikram Gandhi and former chief executive officer of IT services major Genpact, Pramod Bhasin, struck a multi-bagger exit ......

SoftBank plans to set up a second Vision Fund in the near future

TMT

15 May, 2018

SoftBank plans to set up a second Vision Fund in the near future

SoftBank Group Corp Chief Executive Masayoshi Son, founder of the world’s largest private equity fund, said on Tuesday a second ......

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Inventus set for first close of India-only VC fund

Finance

15 May, 2018

Inventus set for first close of India-only VC fund

Early-stage investment firm Inventus Capital Partners, which invests in Indian and US startups and had spliced up its latest fund ......

Foxconn writes off additional $40 mn stake in Snapdeal

TMT

15 May, 2018

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 ......

IAN leads investment round in gamified learning startup Knudge.me

TMT

15 May, 2018

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, ......

IIM Ahmedabad incubator hits first close of Bharat Inclusion Seed Fund

Finance

15 May, 2018

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 ......

Swiggy seeks unicorn status, in talks to raise $250 mn

TMT

15 May, 2018

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 ......

Nykaa closes Series D round at $24 mn

TMT

14 May, 2018

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 ......

VC firm Lightspeed India appoints former Andreessen Horowitz exec as partner

People

14 May, 2018

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 ......

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