Venture Capital
TMT
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 ......
Finance
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 ......
TMT
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 ......
Finance
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 ......
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 ......