Salman S.H
Stories by Salman S.H
Japan’s AET fund to inject $500k in 5 Indian vernacular segment startups
AET has already made 10 early-stage investments in India since its launch in March with its $50 million corpus fund for India.
SoftBank may pump up to $500m in Indian food delivery startup Swiggy
If the deal goes through, it will be SoftBank’s first direct investment in a food tech business in India.
India’s Medikabazaar in talks to raise $28m from Japan’s Mitsui, others
The round has already seen commitments from existing investors such as VC firm HealthQuad, Mitsui Sumitomo Insurance’s VC arm and Belgium-based Kois
Ola suspends Foodpanda India’s delivery business, lays off several employees
Ola will focus on cloud kitchens that was launched after Foodpanda bought Holachef in October.
India: Smart wearables startup KaHa raises $6.2m led by ICT Fund
Funds raised will enable the company to boost its research and development and scale its operations in the Asia-Pacific region.
UrbanClap annual revenue mark crosses $14.24m in FY19
In FY19, UrbanClap claimed to have completed around 3.3 million service orders.
Indian luxury car rental startup HYPE in talks to raise up to $30m
The startup is in talks with private equity and venture capital firms as well as car makers including BMW Group India and Mercedes India for funding.
Indian edtech startup CollegeDekho raises $8m in funding
The investors include Girnarsoft and London-based Man Capital. In April 2016, both the investors had led a $2 million pre-Series A round in CollegeDek
India: Peel-Works raises $5m from Equanimity, HDFC, among others
The fresh capital will help Peel-Works strengthen its retail management platform Taikee, which claims to have more than 20,000 registered retailers.
Indian edtech startup Eupheus in talks to raise $10-15m
The company’s existing investor Sixth Sense Ventures may participate in the ongoing round.
