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| Oct 8, 2020 | Amazon fights for its ‘rights’ in the Future Retail-Reliance deal – sends legal notice to the Kishore Biyani Group | Amazon has said that it was denied the Rights of First Refusal for the deal with Future Group.
In August, the Mukesh Ambani-led Reliance had acquired Future Group’s assets by way of a ‘slump sale’.
Amazon in 2019 had picked up a 49% stake i... |
| Sep 16, 2020 | Amid India-China standoff, Tencent is back with an investment in Flipkart | Tencent has invested $62.8 million in Indian e-commerce giant Flipkart, according to filings sourced by paper.vc.
The investment from Tencent comes at a time when Chinese investments in India have been under fire.
Tencent had recently annou... |
| Sep 3, 2019 | Flipkart co-founder Binny Bansal offloads shares worth USD 14 million to Tiger Global | Almost a year after the unceremonious exit from India’s leading e-commerce company Flipkart he co-founded, Binny Bansal has decided to liquidate a part of his share worth USD 14 million to New York-based hedge fund Tiger Global last month, ... |
| Jul 2, 2019 | Ola Electric Mobility raises $250 million from SoftBank | Ola Electric Mobility is valued at an estimated $1 billion
Ola Electric Mobility has raised Rs 1,725 crore or $250 million from SoftBank in a Series B fund raise, as per the company’s RoC filings accessed by business intelligence platform, ... |
| May 30, 2019 | Bira91 plans to raise funds | Bira91, the Indian craft beer company, is raising $ 4.3 million from Sixth Sense Ventures as a pre-Series C round which will take the valuation of the company to $246 million.
The company submitted corporate filings that label the securitie... |
| Feb 19, 2019 | Flipkart co-founder Sachin Bansal invests $92M in Ola | The money is starting to flow from India’s largest startup exit. Ola has added a major name to its ongoing financing round after it confirmed that Flipkart co-founder Sachin Bansal has invested 650 crore INR (around $92 million) into the In... |
| Jun 1, 2018 | Flipkart posted 68% higher loss in FY17 but e-commerce biz makes gains | There has been some positive news from the corridor of e-commerce business of Flipkart ‘Flipkart Internet’ which has witnessed its income rise and loss slump in the FY17.
The company’s loss fell by 30 per cent to Rs 1,638.6 crore in 2016-17... |
| May 25, 2018 | Flipkart CTO and WaterBridge Ventures pumps fresh round in LetsMD | Healthcare focused fintech startup LetsMD has raised fresh funding from Ravi Garikipati, CTO & Head of Engineering of Flipkart and WaterBridge Ventures including a consortium of other HNIs syndicated by Singapore-based ThinKuvate and SR... |
| Apr 18, 2018 | Intracity mini-truck aggregator Lynk secures Rs 20 Cr fresh funds | Intra-city mini-truck aggregator Lynk has raised about Rs 20 crore from existing investor Ramco Group and the promoters – P.R. Venketrama Raja (Chairman – Ramco Systems) and Abinav Raja–the co-founder of the Chennai-based startup.
So far, t... |
| Apr 17, 2018 | Nandan Nilekani infuses Rs 13 Cr in assisted e-commerce startup ShopX | Assisted e-commerce startup ShopX, which partners with retailers and kirana store owners in smaller towns, has bagged Rs 12.99 crore from existing investor Nandan Nilekani–a former UIDAI chairman and Infosys co-founder.
ShopX has so far rai... |
| Apr 15, 2018 | Kalaari-backed Affordplan secures Series B funding round from Omidyar Network, others | Fintech startup in the healthcare space, Affordplan has raised Rs 55.8 crore in Series B funding round from Lok Capital and Omidyar Network. The Delhi-based startup also saw a participation of existing investors Prime Venture Partners and K... |
| Apr 6, 2018 | MSME-focused NBFC startup Veritas secures Rs 55 Cr debt round | Veritas Finance, a Chennai-based financial services firm that lends to micro and small enterprises, has raised Rs 55 crore in debt financing from a Belgium-based fund manager, Incofin Investment Managment, and BlueOrchard, a global impact i... |
| Apr 4, 2018 | B2B logistics marketplace Porter bags Rs 50 Cr from Mahindra Group | Bengaluru-based intra-city logistics company Porter has raised Rs 50 crore Series C round from Mahindra Group. With this, the surface logistics company has raked in about Rs 135 crore from investors such as Sequoia, Kae Capital, Anupam Mitt... |
| Apr 3, 2018 | Ratan Tata-backed cannabis research startup Boheco raises fresh capital | Cannabis research startup Bombay Hemp Company (Boheco), which counts Ratan Tata and Google India managing director Rajan Anandan as its major investors, has raised a fresh round of funding.
The Mumbai-based firm has bagged around Rs 3 crore... |
| Apr 2, 2018 | Financial marketplace Rubique bags fresh funds from Kalaari Capital | Marketplace-based lending platform Rubique has raised about Rs 3 crore from existing investor Kalaari Capital. The latest round appears to be extended part of the bridge round for the Mumbai-based fintech startup.
The last fund infusion cam... |
| Mar 31, 2018 | This week in Indian Startups funding news (26-31 March) | This week 14 startups received funding, of which 12 received a total sum of about $23 million. Among them, Smaaash raised the highest investment of $6 million, followed by USPL, which raised about $4.6 million.
Meanwhile, funding for two of... |
| Mar 28, 2018 | Sports entertainment startup Smaaash raises Rs 40 Cr in fresh round | Smaaash, a sports-based entertainment, and gaming company has raised Rs 40 crore from a clutch of HNIs include Ravi Modi, Vijaylaxmi Poddar, and others.
Last year in December, Smaaash had raised $14 million in equity financing which was syn... |
| Mar 27, 2018 | Ratan Tata tops up investment in news portal The Print | News portal The Print has raised Rs 3.49 crore (around $5,35,000) from existing investor, Tata Sons chairman emeritus Ratan Tata, in what appears to be an extended seed round.
The development was first reported by data platform paper.vc, wh... |
| Mar 27, 2018 | Multimedia news platform The Print bags fresh fund from Ratan Tata | Veteran journalist Shekhar Gupta-led multimedia news platform – The Print has raised Rs 3.49 crore from its existing investor Ratan Tata in an extended seed round. Founded by Gupta, who earlier was associated with 24*7 news channel NDTV and... |
| Mar 26, 2018 | The Ken raises fresh funding from JP Morgan directors, others | Subscription-based online media publication, The Ken has raised Rs 1.47 crore from a set of new angel investors. Siddharth Bhammar (Executive Director – JP Morgan), Anchal Jain (former MD FX Options – JP Morgan), and Murali A (MD – Graticul... |
| Mar 23, 2018 | B2B foodtech startup HungerBox raises Rs 4 Cr fresh round | Foodtech startup HungerBox has raised Rs 4 crore fresh funds from CRM Holdings, Pratithi Trust along with participation from existing investor Srihari Kumar. The company had recently raised $2.5 million in its pre-Series A round led by Sing... |
| Mar 22, 2018 | Prescription digitiser Doxper raises Rs 7.2 crore from Vidal Health, others | Healthtech startup Doxper has raised Rs 7.2 crore from its existing investors Vidal Health and others in a bridge round. The other investors participated in the round include GrowX Ventures, Capier Investments, and Globevestor, among others... |
| Mar 22, 2018 | NowFloats raises Rs 14.36 Cr in bridge round from Omidyar and existing investors | Hyderabad-based NowFloats, which helps local businesses get online, has raised Rs 14.36 crore in bridge round from existing investors such as Omidyar Network, Iron Pillar Capital, and IIFL.
Apart from the bridge round, the startup has also ... |
| Mar 21, 2018 | CarDekho raises $2.5 Mn from Sequoia Capital in extended Series B round | Online car search platform CarDekho has raised $2.5 million from an existing investor Sequoia Capital in an extended Series B round of funding, according to RoC filings.
The company allotted 2,390 Series B5 preference shares of Rs 10 at a p... |
| Mar 19, 2018 | CSR platform Goodera raises Rs 79 Cr Series B fund led by SAIF Partners | Corporate social responsibility (CSR) lifecycle management platform that connects companies with non-profit organisations (NPOs), Goodera has raised Rs 79 crore in its Series B round of financing.
The funding round led by SAIF Partners also... |
| Mar 6, 2018 | Amazon Pay scoops up Rs 195 Cr from parent entity, appoints Mahendra Nerurkar as director | During the time when wallet companies are grappling under strict RBI’s (Reserve Bank of India) regulations, Amazon infused Rs 195 crore more into its payments arm Amazon Pay, according to RoC filings.
The latest investment came from Singapo... |
| Mar 6, 2018 | Magicpin grabs $1 Mn venture debt from Trifecta Capital | Local discovery, rewards, and commerce platform Magicpin has raised about $1 million venture debt from Trifecta Capital. This is the first round of venture debt funding for the Gurugram-based company.
Magicpin uses location intelligence to ... |
| Mar 4, 2018 | Flipkart’s CEO Kalyan Krishnamurthy invests Rs. 1 Cr in CureFit | Full stack fitness startup CureFit has raised Rs 1 crore from Flipkart’s CEO, Kalyan Krishnamurthy, reveals RoC filings. With this fresh funding, the Bengaluru-based company has raised a total of $60 million in risk capital.
Six months ago,... |
| Feb 25, 2018 | After raising over $2.5 Mn debt funding, Furlenco secures another Rs 5 Cr fresh round | Online furniture rental startup Furlenco has been raising small amounts in debt and risk capital almost every month for past three months. After raising $2.7 million from Bollywood superstar Aamir Khan and Mafatlal group promoters, the Beng... |
| Feb 23, 2018 | Robot-powered underwater analytics startup Planys bags Rs 14 Cr Series A round | Planys Technologies, a startup that provides underwater robotic inspection and survey services using robots, is raising a Rs 14 Cr Series A round, according to regulatory fillings.
The submersible startup has received Rs 6.78 Cr of the tota... |
| Feb 22, 2018 | Ex Sequoia India MD Gautam Mago resigns from board of Oyo, Mobikwik, BankBazaar and others | After having a decade-long stint at Sequoia Capital India, Gautam Mago had resigned from the Silicon Valley-based venture capital firm in December last year. Following his resignation, Mago also had to move from the board of the VC’s portfo... |
| Feb 22, 2018 | Rental brokerage firm FastFox raises Rs 10 crore from Blume Ventures, others | Gurgaon-based home rental startup FastFox has raised Rs 10 crore from Lightspeed, Blume Ventures and others in a Series A1 round. One of its co-founders Pallav Pandey has also contributed Rs 1.93 crore in the fresh round.
In 2016, FastFox h... |
| Feb 22, 2018 | Zomato-backed Grab.in bags Rs 9 Cr from SIDBI Venture Capital arm | Hyperlocal logistics service Grab.in has raised Rs 9 crore from the Maharashtra State Social Venture Fund which is managed by SIDBI Venture Capital.
Formerly Grab a Grub, the last mile delivery startup has allotted 10 equity shares of Rs 10... |
| Feb 21, 2018 | Clinical research startup THB secures Rs 14 Cr from Blume, Healthquad and others | Clinical research and data analytics startup The Healthy Billion (THB) has raised Rs 14 crore from Blume Ventures, Healthquad, and Fireside Ventures. Existing angels including Apoorva Patni and Arpan Sheth, a partner in Bain & Company a... |
| Feb 19, 2018 | Ronnie Screwvala’s promoted edtech firm UpGrad raises fresh funds | Online education company UpGrad promoted by entrepreneur and philanthropist Ronnie Screwvala has raised Rs 1.5 crore and roped in another investor Unilazer to its board.
The Mumbai-based edtech firm is already in talks to raise about $40 mi... |
| Feb 19, 2018 | After deferring IPO plan, Unicorn ShopClues bags $1 Mn bridge round from Unilazer | It’s rare that a Unicorn raises a million USD as a bridge round. However, unusual things happen in a startup lifecycle. Gurugram-based online marketplace ShopClues has raised $1 million from Ronnie Screwvala-led Unilazer.
The company has be... |
| Feb 19, 2018 | Decoding Swiggy’s Series F round: Naspers invested $60 Mn while Meituan injected $40 Mn | Two weeks ago, Swiggy had announced $100 million Series F round from Naspers and world’s fourth-most valuable startup and Chinese O2O major Meituan-Dianping. While the round was disclosed, it wasn’t clear who invested how much.
Now, the RoC... |
| Feb 13, 2018 | Flipkart founders-backed biotech startup Pandorum secures Rs 21 Cr Series A round | Pandorum Technology, a biotechnology startup focused on tissue engineering has raised Rs 21 crore in its Series A funding round from the likes of early backers Binny Bansal, Indian Angel Network and other high net-worth individuals (HNIs).
... |
| Feb 10, 2018 | This week in Indian Startups funding news (05 Feb-10 Feb) | This week 21 startups received funding, out of which 16 were disclosed, which in total received a sum of about $168 million. Among them, Swiggy raised the highest investment of $100 million, followed by Strand Life Sciences which raised $13... |
| Feb 8, 2018 | Bengaluru-based PinkBlue raises over Rs 5 Cr from Orios Venture Partners | Clinical supplies provider PinkBlue has raised Rs 5.1 crore in Pre-Series A round from Orios Venture Partners. The debt funding also saw the participation of other investors, including Anupam Mittal, Sakate Khaitan and HNIs.
The company had... |
| Feb 6, 2018 | Furlenco bags Rs 10 Cr from Mafatlal Group promoters, others | Online furniture rental firm Furlenco has raised Rs 10 crore debt round from a slew of investors including Rekha Hrishikesh Mafatlal, Lakshmi Narayanan, and M Krishna Sindhuri Private Trust.
This is the second round of debt funding for the ... |
| Feb 5, 2018 | Health-tech startup CallHealth secures Rs 50 Cr from BCCL | CallHealth, an integrated healthcare services platform has raised Rs 50 crore from media conglomerate Bennett Coleman and Company Limited(BCCL) in a value-for-equity deal.
The Hyderabad-based CallHealth Services, a healthcare service aggreg... |
| Feb 3, 2018 | Self-publishing platform Pratilipi raises Rs 28 Cr led by Omidyar Network | Local languages focused self-publishing e-platform, Pratilipi has clinched a Rs 28 crore fresh round led by Omidyar Network and Nexus Venture Partners. The round also saw the participation of Contrarian Capital, Times Internet, WEH Ventures... |
| Feb 3, 2018 | Unsurprisingly, Flipkart losses soar by 68% to Rs 8,771 Cr in FY17 | Indian e-commerce major Flipkart reported a higher loss of 68 per cent in FY 2016-17 at Rs 8,771.4 crore, which is perhaps unsurprisingly when compared with loss in FY16 and its recent fall in valuation. The revenue of the company, however,... |
| Feb 1, 2018 | Alibaba leads $300 million Series E round in BigBasket | Speculation about Alibaba funding in BigBasket has finally come to rest as Asia’s top company led a Rs 1,921 crore ($300 million) Series E round. Existing investors, including Abraaj Group, Sands Capital, and IFC also participated in the ro... |
| Jan 31, 2018 | Flipkart valuation touches $17-19 Bn range: Tiger Global sells 2.2% equity for $424 Mn | Tiger Global proved to be the largest beneficiary during the recently concluded secondary transaction at Flipkart. The buyout of secondary shares has fetched $424 million for the US-based hedge fund.
The early backer of the decacorn, Accel ... |
| BYJU’S Hits $5 Bn Valuation: Kicks Off Fresh Funding Round With $25 Mn From General Atlantic | In less than 10 days after private equity major General Atlantic and Chinese media giant Tencent invested up to $11.43 Mn in edtech unicorn BYJU’S, the duo have come together again to invest in the company.
However, Inc42 sources familiar w... |
| A91 Partners Invests $1.45 Mn In Beverage Maker Paper Boat | Former Sequoia managing directors VT Bharadwaj, Gautam Mago, and Abhay Pandey’s A91 Partners has invested $1.45 Mn (INR 10 Cr) in health beverage maker Paper Boat.
According to a Ministry of Corporate Affairs filing accessed by Inc42 of Hec... |
| Funding Galore: Indian Startup Funding Of The Week [2-7 April 2018] | We bring to you the latest edition Funding Galore: Indian Startup Funding of the week.
This week 19 startups raised around $528 Mn in funding altogether in the Indian startup ecosystem. (The startup funding calculations are based on the sta... |
| With Expansion Goals In FY19, Logistics Startup Lynk Raises $3 Mn In Funding | Chennai-based logistics startup Lynk has raised $3 Mn (INR 20 Cr) in funding from the existing investor Ramco Group. The promoters – P.R. Venketrama Raja (Chairman – Ramco Systems) and his son Abinav Raja -the Co-founder of Lynk, also parti... |
| Tiger Global, Accel Partners Biggest Beneficiaries Of The Flipkart Share Buyback 2017 | Image Credits
Over the course of the last one year, Flipkart has witnessed multiple investor exits, as part of a share buyback organised in the backdrop of SoftBank’s massive $2 Bn-$2.5 Bn investment in the homegrown ecommerce giant.
Among ... |
| Funding Galore: Indian Startup Funding Of The Week [05-10 Feb 2018] | We bring to you the latest edition Funding Galore: Indian Startup Funding of the week.
This week 27 Indian startups raised about $215 Mn in funding altogether and four startup acquisitions took place in the Indian startup ecosystem. (The st... |
| Hyperlocal Discovery Startup Magicpin Bags $1 Mn Venture Debt From Trifecta Capital | Hyperlocal discovery platform Magicpin has raised about $1 Mn in venture debt from Trifecta Capital, as per its MCA filings accessed by Inc42. This is the first round of venture debt funding for the Gurugram-based company.
With this venture... |
| Amazon, Samara Capital Infuse INR 275 Cr Into More Ahead Of Festival Season | Global ecommerce giant Amazon and private equity firm Samara Capital have jointly invested INR 275 Cr in Witzig Advisory Services, holding company of the More supermarket chain.
Samara, with a 51% holding in Witzig, invested a marginally hi... |
| AI-Driven Errand Runner Dunzo Raises $3.1 Mn In Series C Funding | Bengaluru-based artificial intelligence (AI)-driven hyperlocal concierge app Dunzo has raised $3.1 Mn (INR 22.49 Cr) in a Series C funding round, as the company plans on investing on brand marketing along with setting up of infrastructure a... |
| BigBasket Raises $300 Mn In Funding From Alibaba, Existing Investors | Bengaluru-based hyperlocal grocery delivery company BigBasket has raised a massive $300 Mn Series E funding in a round led by Chinese conglomerate Alibaba along with the participation of Abraaj Capital, Sands Capital and IFC.
Hari Menon, CE... |
| Meet The 19 Startups Selected For The Summer 2018 Accelerator Cohort Of Axilor | Bengaluru-based early-stage venture capital company and accelerator Axilor has announced the list of startups selected for its summer 2018 accelerator cohort. The new accelerator programme comprises of 19 startups who have joined the progra... |
| Submersible Robotic Inspection Startup Planys Technologies Closes $2.16 Mn Series A Funding Round | Chennai-based submersible robotic inspection startup Planys Technologies has raised $2.16 Mn (INR 14 Cr) in Series A round of funding.
The investment round was led by Oil and Natural Gas Corporation Limited (ONGC) Start-up Fund and Ranjan P... |
| Tiger Global To Invest $5-6 Mn Each In Two Indian Software Platforms | The US-based investment firm Tiger Global Management is reportedly in advanced talks to invest about $5-6 Mn each in two Indian software platforms named Fyle and Facilio. The VC firm will invest from its new $3.75 Bn fund dubbed as Tiger Gl... |
| Funding Galore: Indian Startup Funding Of The Week [05-10 March 2018] | We bring to you the latest edition Funding Galore: Indian Startup Funding of the week.
This week 19 Indian startups raised about $72 Mn in funding altogether and three startup acquisition took place in the Indian startup ecosystem. (The sta... |
| Funding Galore: Indian Startup Funding Of The Week [12-17 March 2018] | We bring to you the latest edition Funding Galore: Indian Startup Funding of the week.
This week 13 startups raised $167.4 Mn in funding altogether and three startup acquisitions took place in the Indian startup ecosystem. (The startup fund... |
| Paytm Bullish About Insurance Sector, Incorporates Two Companies | Unstoppable. Started as a digital payments startup, Paytm in the last two years has forayed into multiple segments integrating multiple platforms in the process. Backed by two major global conglomerates SoftBank and Alibaba, Paytm has now i... |
| On A Mission To Digitise Global OPD Processes, Healthtech Startup Doxper Raises $1.1 Mn Funding | Taking the total funding raised to date to $1.9 Mn, Doxper has raised $1.1 Mn in a Pre-Series A funding round led by existing investor Vidal Healthcare. Earlier, in August 2017, it raised $750K in a Seed round of funding led by Vidal Health... |
| Flipkart Buybacks $350 Mn Worth Shares To Regain Pvt. Co. Status | With Walmart hands going deeper into the local ecommerce unicorn, Flipkart has reportedly buyback shares from a set of existing investors for $350 Mn, to reclaim its status of a private company – Flipkart Pte Limited. The documents are file... |
| BCCL Invests $7.8 Mn In Preventive Healthcare Startup CallHealth | Hyderabad-based preventive healthcare startup CallHealth has raised about $7.8 Mn (INR 50 Cr) from BCCL (Bennett, Coleman and Co. Ltd.), shared CEO Hari Thallapali in an email interaction with Inc42.
“This is primarily a Value-for-equity de... |
| Exclusive: Foodtech Startup Box8 Raises $15 Mn In Series C Round led By eWTP Ecosystem | Mumbai-based foodtech startup Box8 has raised $15 Mn in its Series C funding round, led by eWTP Ecosystem Fund. The company’s existing investors Mayfield and IIFL Seed Ventures fund will also participate in this round. The company said it p... |
| Myntra Designs Receives $63.7 Mn Capital From Singapore Based FK Myntra Holdings | Ecommerce fashion marketplace Myntra Designs has received a capital infusion of $63.68 Mn (INR 414 Cr) from Flipkart’s Singapore-based subsidiary FK Myntra Holdings.
As per the reports, Myntra’s filings with the Registrar of Companies (RoC)... |
| Biotech Startup Pandorum Raises $3.2 Mn In Series A Funding From Binny Bansal, IAN | Bengaluru-based biotech startup Pandorum Technologies has reportedly raised $3.2 Mn (INR 21 Cr) in its series A funding from Binny Bansal, Indian Angel Network (IAN) and other high net worth individuals (HNIs).
According to company’s regula... |
| Nandan Nilekani Invests $2 Mn In Assisted Ecommerce Startup ShopX | Bengaluru-based assisted ecommerce startup ShopX, run by 10I Commerce Services, has raised $2 Mn (INR 13 Cr) in funding from strategic investor Nandan Nilekani.
The development was first reported by paper.vc, stating a transfer of 2106 pref... |
| Flipkart Singapore Fuels India Wholesale Arm With $304 Mn | Flipkart Singapore has reportedly invested $304 Mn (INR 2,190 Cr) in its wholesale arm, Flipkart India Pvt Ltd. This investment comes soon after a $618 Mn (INR 4,472 Cr) infusion in its wholesale arm in March this year.
The transaction was ... |
| Funding Galore: Indian Startup Funding Of The Week [26-31 March 2018] | We bring to you the latest edition Funding Galore: Indian Startup Funding of the week.
This week 20 startups raised around $100 Mn in funding altogether in the Indian startup ecosystem. (The startup funding calculations are based on the sta... |
| Movers And Shakers Of The Week [05–10 March 2018] | We bring to you the latest dope of movers and shakers in the Indian startup ecosystem.
This week, budget-friendly hotel accommodation provider OYO has welcomed two new board members: Mohit Anand Bhatnagar, Managing Director-Sequoia Capital ... |
| PremjiInvest Looks To Back Pharmacy Retail Chain MedPlus | The PremjiInvest Opportunities Fund has proposed to invest in MedPlus Health Services according to a CCI filing accessed by Inc42. The proposed transaction is being notified under Section 5(a) of the Competition Act, 2002.
Pi Opportunities ... |
| Furniture Rental Startup Furlenco Picks Up Fresh Funding | Bengaluru-headquartered furniture rental startup Furlenco has raised $773.1K from Mumbai-based Signet Chemical Corporation. The latest fundraise comes less than three weeks after the company secured $1.5 Mn (INR 10 Cr) in a debt funding rou... |
| Hyperlocal Delivery Startup Grab Raises $1.5 Mn From SIDBI’s Venture Capital Arm | Mumbai-based hyperlocal delivery startup Grab has raised $1.5 Mn (INR 9 Cr) funding from SIDBI Venture Capital Arm, SIDBI Venture Capital Limited (SVCL).
Commenting on the investment utilisation plans, Pratish Sanghvi (Grab Co-Founder) stat... |
| Furniture Rental Startup Furlenco Raises $1.5 Mn In Debt Funding From A Group Of HNIs | Bengaluru-based online furniture rental startup Furlenco has raised $1.5 Mn (INR 10 Cr) in a debt funding round from a consortium of HNI investors via non-convertible debentures.
The development was first reported by Paper.vc.
As per the co... |
| Flipkart Infuses $686 Mn Investment In Its Wholesale Arm | Ecommerce giant Flipkart has infused $686 Mn in its wholesale arm ‘Flipkart India Private Limited’, making it the single-largest fund injection into any of its units, in the past few years.
According to the documents filed at the Registrar ... |