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FUNDING

December 29th, 2018 Without funding, an entrepreneur cannot think of taking forward or flourishing his business, and thus, funding activity is a major part of any business. With this step, the business grows and flourishes to a great extent. This week was quite eventful in terms of funding activities and let us have a look on the top five funding...
FUNDING

December 29th, 2018 Alibaba-backed Hellobike which is one of the largest bike-sharing apps announced that it raised “millions of funds” in a new funding round. The company declined to reveal details on the funding amount and use of the proceeds. The round was led by Ant Financial,  the financial affiliate of Alibaba and maker behind digital wallet...
FUNDING

December 28th, 2018 New-York based TrueFacet that sells pre-owned authenticated watches and jewellery has reportedly raised funds amounting to $10 million in a fresh funding round. This round was led by partner Jason Stoffer, who also happens to sit on the board of Dolls Kill, an edgy clothing marketplace. The company claims to have more than 40,000...
FUNDING

December 27th, 2018 Bloom Hotels has reportedly raised funds amounting to Rs 100 crore in a fresh round of funding. This round was led by Samena Capital, taking the principal investment group's stake in the company to 45%. Samena Capital had earlier invested Rs 100 crore in Bloom Hotels for 35% stake in the company in April this...
FUNDING

December 27th, 2018 Ather Energy is reportedly planning to raise an amount of Rs 200 crore - Rs 300 crore over the next year to expand to new markets and further its product development plans. Ather Energy had launched two scooters, Ather 450 and Ather 340, in June this year and had begun deliveries of Ather 450 in Bengaluru in...
FUNDING

December 24th, 2018 Online interior design platform DesignCafe has raised funds amounting to Rs 200-crore equity-financing round. This round was led by home-grown private equity firm WestBridge Capital. The transaction marks a rare venture capital-style investment by WestBridge which has so far largely preferred to place public...
FUNDING

December 22nd, 2018 Funding is a very important part of a business and when an entrepreneur starts a business, the major source of expenditure for him is the funding he receives. This week, we saw the food delivery giant raising a huge amount of funds. So, let's dig into the details and have a look on the top five funding activities of the...
FUNDING

December 22nd, 2018 CherryHome, the home AI security system created by startup Cherry Labs, has raised $5.2 million in a fresh funding round. This round was led by GSR Ventures to drive the technology’s use for in-home senior care. CherryHome uses its proprietary computer vision algorithms to interpret camera data into virtual “skeletons”. These...
FUNDING

December 21st, 2018 Health Vista India, which owns and operates home healthcare service provider Portea Medical has raised funds amounting to Rs 25 crore in a funding round. This round was led by venture debt firm Alteria Capital.The development has come days after Bengaluru-based Portea stated that it had introduced...
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