Bangalore-based startup raised capital from investors led by Legatum Capital with participation from Accrete Capital and Gaingels LLC.
Many of its existing investors in previous funds backed the latest one, founding partner Amit Anand said in an interview
Agri-tech start-up Farmers Fresh Zone on Thursday said it has raised Rs 6 crore in pre-series A round through existing investors led by Indian Angel Network (IAN).
The firm plans to expand its business to the internal market and further strengthen and develop its technology platform
The round was led by 640 Oxford Ventures, with participation from existing investors Snow Leopard Ventures, Lightspeed Partners, and Matrix Partners India
India becomes the third largest startup ecosystem in the world
India added three 'unicorns' per month in 2021 to nearly double the overall number of startups valued at over USD 1 billion to 51 as of end-August, a report said on Thursday
The seed funding round was co-led by Elevation Capital and Matrix Partners India, with participation from investors such as Whiteboard Capital and Blume Founders Fund
Software-as-a-service (SaaS) companies seem to be coming off age, with several of them firming up initial public offering (IPO) plans to raise capital from the market.
PM Modi asserted that it is a sign of India's bright future
The government will soon launch a special incentive scheme to support 75 start-ups in areas of telemedicine, digital health and artificial intelligence
The SAMRIDH initiative will not only provide funding to startups, but will also help in bringing skill sets together which will help them become successful
TartanSense builds small agricultural robots, equipped with AI-assisted computer vision, to help small farms prune expenses and improve incomes
Samara Capital and Xponentia, which together acquired Spoton from IEP in 2018, are making a full exit for cash as part of the deal
Round was led by InvestCorp with participation from IvyCap Ventures and Spring Marketing Capital; with this the firm has so far raised Rs 170 cr
The firm is also buying back ESOPs worth $10 mn to acknowledge and reward employees, ex-employees, and early investors
This round saw the exit of angel investors who have received a 30X exit and early employees being rewarded with ESOPs encashment
The firm aims to grow its revenue by four times in 2021-22, based on a strong order book of Rs 5000 crore
Six unicorns have filed for IPOs, of which Zomato got listed
Mobility start-up Get My Parking is looking to double its revenue to $5 million (about Rs 37 crore) this fiscal