Aakanksha Ahuja
Stories by Aakanksha Ahuja
PolicyBazaar unit DocPrime sets aside $15m to invest in preventive healthcare
DocPrime received an initial internal funding of $50 million from parent company PolicyBazaar Group in September this year.
Quikr acquires VC-backed real estate platform India Property
The acquisition signals Quikr’s strategy to build the transaction business on top of classifieds.
Impact investor Capria announces first close of $100m fund at $40m
Omidyar Network, Ford Foundation and Resonance Impact Fund have come on board as new limited partners (LPs) at Capria.
NinjaCart raises $35m Series B funding led by Accel, Syngeta Ventures
NinjaCart’s existing investors Accel India, Nandan Nilekani NRJN Trust, Misteltoe and Qualcomm Venture also participated in the round.
Indian social media app Roposo raises $10m from Tiger Global, Bertelsmann
The company has so far raised funds worth $31 million. Roposo is also backed by Flipkart co-founder Binny Bansal and venture capital firm India Quotie
India: Online classifieds platform Quikr gets $8m venture debt from InnoVen
Quikr has raised over $350 million so far in equity funding from Warburg Pincus, Matrix Partners and Norwest Venture Partners, among others.
India: MoEngage raises $9m Series B funding led by Matrix Partners, Ventureast
Existing investors Helion Venture Partners and Exfinity Venture Partners also participated in the funding round.
India: SAIF-backed UrbanClap raises $50m led by Steadview, Vy Capital
The new funding round comes after the Gurgaon-based company raised $21 million led by Vy Capital in June last year.
India: Edtech startup Eruditus in talks to raise $40m funding led by Sequoia
Eruditus raised $2.3 million in debt from Temasek-owned Innoven Capital in July.
India: Kalaari Capital ropes in KPMG’s Sreedhar Prasad as partner
Prasad, who previously headed consumer markets and internet businesses at KPMG, joined homegrown Kalaari in early November.