JSW Ventures | Pixr8 News

31Aug By AdityaNo Comments

FUNDING

HomeLane raises $8 Million in funding

Home interiors company Homelane raises USD 8 million in a bridge funding round from Stride Ventures and existing investors. Bridge funding is a form of intermediate funding intended to cover a business short-term expenses until long-term funding is secured. Stride Ventures led this round, participating through debt funding of $3 million in the company, a statement said. Existing investors Accel Partners, Sequoia Capital, Evolvence India, and JSW Ventures also participated, infusing another $5 million in equity, it added. With this round, HomeLane''s total fund-raising has crossed USD 54 million (Rs 370 crore) in the last six years. "Our mission is to make home interiors easy for the world, and this hasn't changed during the pandemic. Virtual meetings, powered by our 3D desig...

Indus OS Raises Funds From JSW Ventures, VenturEast

Indus OS, a startup which has created a regional operating system, today said it has raised an undisclosed amount from new investors JSW Ventures and VenturEast in recently-concluded financing round. Omidyar Network, an existing investor, has also participated in the latest round. "The amount which has been raised will be used for product development and hiring new talent," Indus OS CEO & co-founder Rakesh Deshmukh told.

JSW Ventures Gets Sebi Nod For Startup Investments

JSW Ventures, the venture capital arm of the JSW Group, today said it has received clearance from markets regulator Sebi to begin investing in the country. JSW Ventures would focus on providing early-stage funding to technology-enabled startups operating in the education, healthcare, financial services, SaaS (software as a service) and enterprise software space. The fund will have an initial corpus of Rs 100 crore which it will invest over a three-year period. "JSW Ventures, the venture capital arm of the JSW Group, has received the mandatory clearances from Securities and Exchange Board of India (Sebi), paving the way for it to begin investing," a statement by JSW said. "Technology innovation is happening across sectors, from old-fashioned verticals like real estate to research-driv...