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Flashback 2019: US investor, local firm storm into the club of top VCs in India

Finance

30 December, 2019

Flashback 2019: US investor, local firm storm into the club of top VCs in India

Sequoia Capital India and Accel maintained their pole position as the most active venture capital firms in India by making ......

Oikocredit opens India fintech account with bet on neo-bank Kaleidofin

TMT

19 December, 2019

Oikocredit opens India fintech account with bet on neo-bank Kaleidofin

Kaleidofin Pvt. Ltd, which operates an eponymous neo-bank focussed on the informal sector, has raised Rs 36 crore (about $5.06 ......

South African investor Yellowwoods leads Series A funding in Toffee Insurance

TMT

18 December, 2019

South African investor Yellowwoods leads Series A funding in Toffee Insurance

Digital platform Toffee Insurance on Wednesday said it has raised $5.5 million (Rs 39 crore) in its Series A round ......

B2B agri-tech startup Bijak gets seed capital from Omnivore, Omidyar

TMT

17 December, 2019

B2B agri-tech startup Bijak gets seed capital from Omnivore, Omidyar

Bijak, a business-to-business agricultural trade platform that allows traders, wholesalers and processors to keep a record of their transactions, has ......

Reliance Industries snaps up VC-backed SaaS firm NowFloats

TMT

12 December, 2019

Reliance Industries snaps up VC-backed SaaS firm NowFloats

Reliance Industries Ltd has acquired a majority stake in software-as-a-service (SaaS) provider NowFloats Technologies Pvt. Ltd as part of efforts ......

Omidyar leads seed funding round in education loans platform Credenc

TMT

22 October, 2019

Omidyar leads seed funding round in education loans platform Credenc

Credenc Web Technologies Pvt. Ltd, an education loans platform, said on Tuesday it has raised Rs 17.8 crore ($2.5 million) ......

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Impact investor Omidyar spins multi-bagger returns in India from Aspiring Minds

Finance

22 October, 2019

Impact investor Omidyar spins multi-bagger returns in India from Aspiring Minds

Impact investment firm Omidyar Network has made a multi-bagger return from its eight-year-old investment in Aspiring Minds Assessment Pvt. Ltd ......

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Aspada's Thomas Hyland on why the firm decided to raise third-party capital

Finance

18 October, 2019

Aspada's Thomas Hyland on why the firm decided to raise third-party capital

LGT Lightstone Aspada is formed after the recent acquisition of India-focused impact investment fund Aspada by Swiss investor LGT. As ......

Social commerce firm DealShare raises funding from Matrix Partners, Falcon Edge

TMT

10 October, 2019

Social commerce firm DealShare raises funding from Matrix Partners, Falcon Edge

DealShare, a social commerce startup that focusses on the grocery segment, has raised $11 million (approximately Rs 78.16 crore at ......

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Company watch: CDC-backed Indifi's revenue jumps; soaring write-offs raise concern

Finance

04 October, 2019

Company watch: CDC-backed Indifi's revenue jumps; soaring write-offs raise concern

Digital lender Indifi Technologies Pvt. Ltd’s revenue for the year through March 2019 climbed nearly four-fold and its loss expanded ......