Zepo secures funding from Anupam Mittal and One97 Mobility Fund

Zepo secures funding from Anupam Mittal and One97 Mobility Fund

Zepo, a SaaS based e-commerce platform that enables entrepreneurs launch their online store instantly, has secured fund from serial investor Anupam Mittal and existing investor One97 Mobility Fund. However, the invested amount has not been disclosed.Anupam Mittal, CEO of People Group, led the round along with existing investor One97 Mobility Fund. With the new funding, Zepo … [Read more...]

Flipkart raises $700 mn, files application to go public

Flipkart raises $700 mn, files application to go public

Flipkart affirmed that it had closed its third round of funding drawing in interest from five new investors to help it raise $700 million. Flipkart saw its number of shareholders surpassing 50, accordingly making the organization file with nation's regulator ACR Singapore.The company saw investment from new investors, including Greenoaks Capital, Steadview Capital, and … [Read more...]

LivSpace raises Rs 29 crore from Helion Venture and others

LivSpace raises Rs 29 crore

LivSpace, an online portal for home design and decor space has raised Rs 29 crore from venture capital investors Helion Venture Partners, Bessemer Venture Partners, and Jungle Ventures.The company plans to use the funds to build the product and expand the team, besides marketing and business development.LivSpace was founded by Anuj Srivastava and Ramakant Sharma both … [Read more...]

Housing.com raises $90m led by SoftBank

Housing.com raises $90m led by SoftBank

House hunting platform, Housing.com has raised $90 million in the funding round led by SoftBank Internet and Media, Inc. (“SIMI”). This round of funding also saw participation from Falcon Edge and other investors. Housing.com has raised more than $ 121 million in 2 years.With this round of funding, the SoftBank Group will become the largest investor in Housing.com. Earlier t … [Read more...]

Ratan Tata invests in Swasth India

Ratan Tata invests in Swasth India

Ratan Tata has invested Rs 2 crore in Swasth India, a startup focused on affordable healthcare services to low-income people. This is his second round of funding in the organization. Tata’s investment in Swasth India is through an optionally convertible preference share instrument, which could eventually convert into a minority stake of around 5 to 10%.Swasth India is p … [Read more...]

SAIF Partners invests $1 million in Zoomo

SAIF Partners invests $1 million in Zoomo

SAIF Partners has invested $1 million in seed funding in YoungMonk Technologies’ Zoomo, a mobile peer-to-peer marketplace for buying and selling used cars.The funding will be used to expand its presence in Bangalore and expand to Mumbai and Delhi in the next six months.Zoomo was founded by IIT alumni Arnav Kumar, Himangshu Hazarika, and Aniket Behera.The platform c … [Read more...]

Unitus Seed Fund invests in Curiositi & Cue Learn

Unitus Seed Fund invests in Curiositi & Cue Learn

Unitus Seed Fund has invested in education-focused start-ups Curiositi and Cue Learn but the amount invested has not been disclosed. This investment comes immediately after raising a program-related investment (“PRI”) from the Michael & Susan Dell Foundation to provide a high quality education and livelihood solutions among the low income population.While Curiositi focu … [Read more...]

Gift Cards India raises funding from Blume Ventures and Rajan Anandan

Gift Cards India raises funding from Blume Ventures and Rajan Anandan

GiftCardsIndia.in (GCI), an online gifting portal and gift card aggregator has raised funding from Blume Ventures and Rajan Anandan, managing director, Google India. Apart from this, it has also acquired Giftery, a social gifting website. However, investment amount was not disclosed.The funding will be used to expand the team and develop new products.GCI founded in 2011 … [Read more...]

Green House Ventures Accelerator partners with LetsVenture

GHV Accelerator partners with LetsVenture

Green House Ventures (GHV) Accelerator has partnered with deal discovery platform LetsVenture. LetsVenture was founded in 2013 which enables startups looking to raise seed / angel money to create investment ready profiles online, and connect to accredited investors. It currently has over 2,200 startups and 760 investors from 19 countries registered on it.GHV's selection … [Read more...]

Faering Capital Invests in Linkstreet

Faering Capital Invests in Linkstreet

Faering Capital has invested in Linkstreet, a cloud-based video learning and collaborative platform, targeting the healthcare and education sectors. The funds will be used to further invest in product and business development.Linkstreet was co-founded by Arun Muthukumar and Vikram Ramakrishnan in 2011. Linkstreet clients include Indian Institute of Management - Bangalore, … [Read more...]