Zoomcar, a Bengaluru-based self-drive car rental company raises $24 million (about Rs 160 crore) funding led by Ford Smart Mobility, a subsidiary of Ford Motor Company. Existing investors Sequoia Capital, Nokia Growth Partners (NGP) and Empire Angels also participated in the round. Zoomcar, which competes with Carzonrent and JustRide, lets users rent cars by the […]
San Francisco-based startup 8TV has raised USD 500,000 funding (about Rs 3.34 crore) from investors including Redcliffe Capital Managing Partner Dheeraj Jain, Google executive Tidhar Carmeli and angel investor Thomas Korte. The company, which offers short form video network for brands, is also supported by the US tech giant Amazon that has invested about USD […]
Valued in a groundbreaking development for the Indian entrepreneurial landscape, Venture Catalysts has secured $500000 amount from Zaffiro Ventures. VCats was valued at Rs. 40 crore during the investment process, marking a major landmark in the six months of its operations and underlining its position as the fastest growing seed investment platform in the country. […]
ClearTax , an online tax returns filing platform has raised another $12 million (Rs 80 crore) from SAIF Partners. The new round of funding will use to launch a slew of consumer-focused tax-saving products, including mutual funds and other equity-linked saving schemes. Also as part of the deal , managing partner at SAIF, has joined […]
Online tax returns filing platform ClearTax, has raised $2 million (Rs 13.3 crore) from FF Angel, and Sequoia Capital. The company will use the proceeds from the round to launch a slew of consumer-focused tax-saving products, including mutual funds and other equity-linked saving schemes. “We have taken the long route, and now we are extremely excited […]
Appie Mobiquity Pvt. Ltd, a Mumbai-based offline retail discovery platform raised $1 million funding (around Rs 6.7 crore) from a Mumbai-based angel investor and two European investors. “We plan to add 10,000 retailers across three cities and expand user base to half a million in the first year,” Kartik Sanghavi, founder of Appie said. As […]
Hindi social networking portal ShabdaNagari has raised undisclosed amount of bridge funding from ah! ventures. The company had said that it plans to use the funds raised to expand its genres and improve its user interface, marketing and promotional activities. Artha Energy Project’s Anirudh Damani & others also participated in this round. “ShabdaNagari team’s thorough […]
To take stock of Start-up India action plan, Commerce and Industry Minister Nirmala Sitharaman today have an open chat with budding entrepreneurs at a centre that provides basic facilities to new-age ventures. “Rather than budding entrepreneurs coming to the ministry to raise their grievances and share feedback on the action plan, the minister has decided […]
Dania Beach, Florida – Magic Leap, Inc. (“Magic Leap”) announced $793.5 million in new funding today, led by Alibaba Group. Continued investment comes from Google Inc., Qualcomm Incorporated, through its venture investment group, Qualcomm Ventures, and others. New investment also comes from Warner Bros. and tier-one financial institutions, including Fidelity Management and Research Company, J.P. Morgan […]
Mumbai based Startup Truce, which runs a fresh farm vegetables and fruits supply chain venture has raised 2.5 Crores ($370,000) angel funding from the founders of Inmobi and Snapdeal. Truce co-founder Saurabh Jain confirmed that the firm has raised funding but did not talk on about the details. The founders who invested are Kunal Bahl […]
CashKaro.com, India’s largest Cashback & Coupons Site has raised an undisclosed amount from Ratan Tata, the Chairman Emeritus of Tata Sons. Tata has made the investment in his personal capacity. The funding comes just two months after the Gurgaon-based startup raised Rs 25 crores in its Series A funding led by Kalaari Capital, one of […]
Smytten is enhancing the way affluent Indian consumers discover, interact with, and purchase premium products and services. It was launched in October 2015 by ex-Unilever and Google executives, Siddharth Nangia and Swagata Sarangi. Siddharth and Swagata were studying at ISB Hyderabad when they first met. Post-graduation, Swagata was heading business marketing at Google where he […]