Softbank, Sequoia, IAN, 3one4 Capital, Eximius, Multiples Alternate Asset Management among others join panel
Sequoia Capital India on Tuesday led the $37 million funding into the UAE-based proptech startup Huspy to accelerate Europe, the Middle East and Africa (EMEA) expansion.
Sequoia has been locked in a legal battle with Sandeep Kapoor, after he included the company in a defamation lawsuit against media companies that reported on a leaked Sequoia email of June 2
The Silicon Valley firm has invested $5.5 billion in India and, since 2017
A slew of accelerator programmes are reaching out to a segment that has been attracting a tiny share of the funds raised by the entire Indian startup ecosystem
The Tiger Global and Sequoia-backed unicorn plans to deepen its reach from 100,000 villages currently to over 300,000 villages, and scale its existing businesses 3x by 2023
Venture capital firm Sequoia India and Southeast Asia has raised $2.85 billion - the highest ever in one tranche by any venture capital fund - to fund startups and other ventures in the region
Cash burn and growth at all cost no longer being rewarded as capital turns expensive
The VC fund will undertake governance trainings for founders and senior management, implementation of whistleblower policies, more independent board representation
ApnaKlub allows anyone with a smartphone and an entrepreneurial drive to earn supplemental income by aggregating demand and supplying FMCG goods to retail (kirana) stores in their local community
The company is also looking at potentially acquiring rivals to help it grow and will expand into fintech after receiving a license from the Saudi central bank
The board has not yet decided who will replace Bose, though one option discussed is to appoint interim leadership, possibly including senior executives and investors, people familiar with matter said
Last week, Zilingo suspended its CEO Bose pending an investigation
Restaurant management platform raises $24mn in series B funding
Hyugalife will host over 1,000 brands across categories, including women's health, Ayurvedic and plant-based supplements, kids health, sports nutrition, vitamins, among others
This is the second funding for the company after it raised $2 million in the first round from Sequoia Capital India's Surge and Better Capital in April 2020
The Indian blockchain start-up's massive funding round has many implications for Web3 companies and VCs in the crypto arena
Dental care startup Smiles.ai has raised USD 23 million (around Rs 172 crore) in Series A funding led by Alpha Wave Incubation that is managed by Falcon Edge Capital, and with strong participation from existing investors Sequoia Capital India and Chiratae Ventures. The Bengaluru-based startup said the other investors in the round include MBX Capital, Wami Capital and angel investors - Peyush Bansal & Amit Chaudhary of Lenskart, Aakrit Vaish of Haptik, Revant Bhate of Mosaic Wellness, Miten Sampat of CRED, Sambhav Rakhyan of WTW. Smiles.ai marks US-based healthcare focused fund, MBX Capital's first investment in the country, it added. This funding comes within a year of the company raising a USD 1 million seed round co-led by Sequoia Capital India and Chiratae Ventures with participation from some angels and family offices. Smiles.ai will deploy this funding for expanding its footprint nationally, strengthening the leadership team, and building innovative tech-driven dental care ...
The company plans to use the funds to work with large marketplaces, scale up its product and technology teams and launch new products
Many experts believe that a relatively nascent LP ecosystem and a general expectation that VC funds be closed-end in nature prompted the country's omission