M Sriram
Stories by M Sriram
JSW Ventures marks first close of new fund, eyes $48m corpus
The new fund would be deployed in SaaS, consumer, healthcare and financial services platforms.
Swiss firm LGT in talks to back student housing startup Oxfordcaps
The startup last raised $8 million Series A from Kalaari Capital, Silicon Valley-based 500 startups and Times Internet.
India: Fintech firms brace for funding squeeze in 2020
2019 saw new verticals emerge like neo-banking, enterprise accounting, and a jump in digital payments funding.
Healthcare startup Pristyn Care raises $12m led by Sequoia India, others
The startup raised $4 million in June this year from Sequoia.
Temasek in talks to invest up to $100m in Indian fitness startup Cure.fit
Cure.fit is said to seek a post-money valuation of about $800 million, up from its $575 million valuation less than six months ago.
India: CreditAccess Grameen to buy Madura Microfinance
CAGL will first acquire a 76.2% stake in MMFL from its existing shareholders for cash, and later merge the businesses and acquire a 100% stake.
Online used car platform Spinny to raise fresh funds at $150m valuation
Spinny is closing a $50 million funding round with 3 new investors coming into an oversubscribed round.
Swiggy-backer Norwest Venture raises its largest fund yet at $2b
Norwest has also been an active investor in India backing Five Star Finance, Swiggy and the NSE.
Sequoia-backed B2B marketplace Zetwerk in talks to raise $35m
Zetwerk last raised $9 million in a Series A round from Accel, Sequoia and Kae in March 2019.
Despite startup funding boom in India, first cracks of slowdown appear
The economic slowdown in India and global macroeconomic uncertainty seem to have prompted VCs to take a cautious approach.
