Power2sme
TMT
Bottomline: Accel-backed Power2SME's FY23 revenue rises, but at a cost
Business-to-business industrials marketplace Power2SME’s topline grew in the financial year through March 2023 even as its net loss increased slightly, ......
TMT
One in five top-funded Indian startups started making profits: VCCircle study
The path to profitability of portfolio companies has been a burning issue in the venture ecosystem in India for the ......
TMT
Who are the biggest cash guzzlers in India Startup Inc?
Cash burn is a necessary evil that venture investors have to deal with, but India’s best-funded startups turned more aggressive ......
Finance
Policybazaar backer Inventus raises $52 mn for third venture capital fund
Inventus Capital Partners has hit the final close on its third venture capital fund, as the India-focussed early-stage investment firm ......
TMT
Accel India bets on construction materials marketplace
Venture capital firm Accel India has invested in a real estate and construction materials marketplace, a person privy to the ......
TMT
In Charts: How much cash did India's top-funded startups burn in FY18?
India’s heavily funded technology startups are growing at a breakneck speed even though they have shifted gears downwards and have ......
TMT
IL&FS Investment Managers strikes another venture deal from latest fund
IL&FS Investment Managers Ltd, the private equity (PE) arm of Infrastructure Leasing and Financial Services Group, has committed to invest ......
TMT
Venture debt firm InnoVen invests $6 mn more in Power2SME
Temasek’s venture debt arm InnoVen Capital said it has committed another Rs 40 crore ($6.16 million) to online buying hub ......
Manufacturing
Strategic buyers, PEs in fray to buy building material firm Alstrong
Aluminium composite panel manufacturer Alstrong Enterprises India Pvt. Ltd is looking to provide an exit route to its current shareholders, ......
Finance
VCs now doing India-specific analysis to value startups: IFC's Ruchira Shukla
International Finance Corporation's venture capital arm has been actively backing startups in India, though it trails full-fledged VC firms such ......
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