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...]

SoftBank acquires 30% stake for $70 million in Housing.com

SoftBank acquires 30% stake for $70 million in Housing.com

Housing.com, an online real estate portal has received funding from Japan's SoftBank of $100 million (Rs 610 crore) by getting a 30 per cent stake in the company. This boosts the company’s valuation to about $250 million (Rs 1,500 crore).The round of funding was led by SoftBank. Other investors included hedge fund Falcon Edge and Russian billionaire Yuri Milner's DST G … [Read more...]

Helion Venture invests Rs 35 crore in iD Fresh Food

iD Fresh Food

iD Fresh Food (India) Pvt Ltd, a ready-to-cook packaged food company, has raised Rs. 35 crore from venture capital firm Helion Venture Partners.Bangalore based iD Fresh Food initially started with packaging of idly and dosa batter and has since diversified into malabar parotas, wheat parotas, chappatis, and chutneys. The company has to its credits, selling of non pre … [Read more...]

Online grocery store BigBasket raises Rs 200 crore

BigBasket

Bangalore based online food and grocery store BigBasket.com has raised Rs 200 crore in Series B round of funding from Helion Venture Partners, Zodius Capital, and existing investors. The portal that serves Bangalore, Mumbai, Hyderabad now, will use the funds to expand to 10 cities.BigBasket was founded by VS Sudhakar, Hari Menon, Vipul Parekh, VS Ramesh, and Abhinay … [Read more...]