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Grapevine: Merger proposal for Lakshmi Vilas Bank hits rocks; Sachin Bansal to buy insurer

General

28 August, 2020

Grapevine: Merger proposal for Lakshmi Vilas Bank hits rocks; Sachin Bansal to buy insurer

The proposed majority stake acquisition of cash-starved Lakshmi Vilas Bank by AION Capital-backed SME lender Clix Capital may be called ......

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Accel-backed B2C e-commerce platform Behtar finds new investor

TMT

18 August, 2020

Accel-backed B2C e-commerce platform Behtar finds new investor

A technology-enabled platform for mom-and-pop stores that was seeded by venture capital firm Accel two years ago has attracted a ......

Used-car retailer Spinny buys VC-backed rival Truebil

TMT

06 August, 2020

Used-car retailer Spinny buys VC-backed rival Truebil

Pre-owned cars platform Spinny, which secured a big Series B cheque from a Nandan Nilekani-backed investment firm earlier this year, ......

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Sequoia top VC firm in Jan-June but specialist peer makes surprise entry

Finance

13 July, 2020

Sequoia top VC firm in Jan-June but specialist peer makes surprise entry

Sequoia Capital India struck deals at a frenetic pace in the first half of this year to maintain its position ......

Accel-backed app testing platform BrowserStack snaps up US firm Percy

TMT

10 July, 2020

Accel-backed app testing platform BrowserStack snaps up US firm Percy

BrowserStack Inc., which operates a web and mobile application testing platform, has acquired the United States-based visual testing and review ......

Sales solutions platform Zomentum raises seed funding

TMT

09 July, 2020

Sales solutions platform Zomentum raises seed funding

Pactora Inc., which operates the managed services provider-focussed sales solutions platform Zomentum, has raised $4.1 million (about Rs 30.73 crore ......

Manufacturing services marketplace Zetwerk snags Series C funding

TMT

02 July, 2020

Manufacturing services marketplace Zetwerk snags Series C funding

Bengaluru-based Zetwerk Manufacturing Businesses Pvt. Ltd, which operates a business-to-business manufacturing services marketplace, has raised $21 million (about Rs 157.17 ......

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Which VC investors are feeling the most pinch as startups face turbulence?

Finance

29 May, 2020

Which VC investors are feeling the most pinch as startups face turbulence?

Over the past few years India has emerged as a favourite destination for venture capital investors looking to bet on ......

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VC-backed B2B marketplace Bizongo secures venture debt

TMT

28 May, 2020

VC-backed B2B marketplace Bizongo secures venture debt

Bizongo, a business-to-business marketplace for packaging materials, has raised venture debt for the first time, just months after announcing its ......

RentoMojo enters $100-mn valuation club with fresh VC funding

TMT

14 May, 2020

RentoMojo enters $100-mn valuation club with fresh VC funding

Online rental marketplace Rentomojo has touched a valuation of nearly $100 million after raising fresh funding from venture capital investors. The ......