Friday, April 26

Tag: Stellaris Venture Partners

Mumbai Based Startup Shop101 Raises $5 Million
11Jul By Gauri SinghNo Comments
FUNDING

Mumbai Based Startup Shop101 Raises $5 Million

The social commerce platform ‘Shop101’ has reportedly secured an amount of $5 million. The particular funding round was led by Stellaris Venture Partners and along with this saw the participation of investors like Vy Capital, Raghunandan G (TaxiForSure co-founder), and Ramakant Sharma (Livspace co-founder). The funds raised through the latest round will be utilized in the process of strengthening the company’s core leadership and product team. Also, a part of the funds will be used for boosting up the supplier network and enhance its technology platform. “We are very excited to partner with Abhinav (Jain), Aditya (Gupta) and their exceptional team in their journey to build India’s first social selling platform,” said Chowdhri. Founded in 2015 by Abhinav Jain and Aditya Gupta, the Mumb...
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Health-tech Startup Founded by Former Myntra Execs Raises Funding
18May By Sheldan RungasamyNo Comments
FUNDING

Health-tech Startup Founded by Former Myntra Execs Raises Funding

Mfine, a health-tech startup focused predominantly in Artificial Intelligence recently raised a Series A funding round of $4.2 Mn led by Prime Venture Partners. This round of funding also saw the participation of existing investors such as Stellaris Venture Partners and Mayur Abhaya who is also an entrepreneur in healthcare. This is the second time that the company is raising funds, having previously raised $1.5 Mn from Stellaris Venture Partners in September 2017. The funds raised will serve the purpose of building the hospital networks across cities while strengthening the team behind the manufacturing of the technology. It is also targeting making over 1-lakh consultations coming end of 2018 and sign partnership deals with 50 additional hospitals in India. Mfine saw the day in ...
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Infosys Invests 31.6 crores in Stellaris Venture Partners
24Nov By PriyankaNo Comments
FUNDING

Infosys Invests 31.6 crores in Stellaris Venture Partners

Infosys, a global leader in consulting, technology, outsourcing and next-generation services, today announced that it has signed a definitive agreement to a Limited Partner investment of INR 31.6 crores from its Innovation Fund in Stellaris Venture Partners, an India-based early stage venture fund. This investment is towards the first close of Stellaris’ fund. India’s startup ecosystem is witnessing rapid growth led by areas such as cloud computing, Internet of Things (IoT), artificial intelligence and big data, as well as the widespread proliferation of smartphones. In this environment, Stellaris aims to back entrepreneurs building applications for global businesses, Indian SMBs and consumers in verticals such as financial services, retail, healthcare and education. Stellaris’ inves...
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