September 25th, 2018Indian hospitality chain Oyo Hotels which is soaring high with success these days has planned to secured funds amounting to $1 billion for the purpose of expansion into China and other global regions. This round is expected to be led by existing investors including SoftBank Vision Fund, Sequoia Capital and Lightspeed Venture...
September 10th, 2018Online parenting company BabyChakra has reportedly secured an undisclosed amount of funds in a funding round. The round was led by investors including Mark Mobius & Rajesh Sehgal backed Equanimity Ventures Fund, Facebook’s director Anand Chandrasekaran and OYO’s Chief Strategy Officer Maninder Gulati.
The funds so raised...
September 6th, 2018Health technology company Theranos based in California that was once known as a high flying blood-testing start-up accused of cheating and betraying its investors is reportedly shutting down.
It is being stated that the company was not able to sell itself and is now looking to pay unsecured creditors its remaining cash of about $5...
September 6th, 2018US-based location data company Factual has reportedly raised funds amounting to $42 million in a fresh funding round. The investors that participated in the round were Upfront Ventures, Felicis Ventures and others. This was a party round, without a lead investor.
The funds so raised by the company are being planned to be used in the...
July 31st, 2018In a recent news, Cryptocurrency Bitcoin fell below $8000, as investors stepped away from the risk exposure to cryptocurrencies, due to selloff in shares of technology and internet companies spilled over into other high risk assets
Bitcoin is a cryptocurrency, a kind of electronic cash. It is a decentralized digital...
July 25th, 2018One of the top investor Rakesh Jhunjhunwala's co-founded firm, Alchemy Capital Management, has recently invested Rs 80-90 crore in CX Partners-backed casual dining restaurant chain Barbeque Nation Hospitality Ltd before the IPO placement.
“Alchemy Capital has picked up a minority stake in Barbeque Nation through Alchemy India Fund for...
May 21st, 2018Many image conscious investment firms are selling or rethinking their Facebook Inc. shares as they grow discontent with the firm’s way of strengthening personal data protection and online safety after several scandals surfaced about the improper management of user’s information by Facebook.
Backing out from the world’s largest...
January 29th, 2018The startup industry is not doing it for the money, but money is one of the most talked about thing in the startup world. Money flows in the system at a greater pace and in considerable numbers.
The scenario is pretty much clear for VCs, how they plan on making money by funding the startup at a nascent stage. For the founders, who are...
April 15th, 2017On Friday 7th April , Venture Garage organized “Capitalize-Funding conclave ” at IIT Delhi which saw an overwhelming response with over 25 investors and 300 entrepreneurs attending the event.
The event started with a panel discussion moderated by Rahul Narvekar, ex CEO of NDTV Ethnic and now CEO, Scale Ventures. Rehan Yar Khan of...
April 1st, 2017Born and raised in Germany, Axel & Boris grew up together and started their first IT company together in 1997 and were since then involved in technology and energy projects. They also creators of the Yesss Spirit, a powerful way to be energetic and positive every day - doesn't matter what's going on in life. Axel & Boris...
November 6th, 2016The average size of Startup Funding received from angel investors grew 27 per cent to Rs 4.67 crore in 2015, from Rs 1.06 crore in 2009, a report said.
Also, the average investments made by these angel investors individually saw an annual growth rate of 34 per cent from Rs 0.21 crore in 2009 to Rs 1.69 crore in 2015, according to the...
November 5th, 2016E-commerce menswear company Bonobos is speaking to investors about raising $100 million in a new round of funding that would value the company roughly at half a billion dollars, according to people familiar with the matter.
Bonobos is using the new funds to expand its retail footprint, highlighting the crossover that e-commerce...
