Salman S.H
Stories by Salman S.H
India: Online lending startup Avail Finance raises funds from Matrix Partners, others
Avail Finance has raised a total of $17.2m so far, including debt and credit lines from multiple NBFCs and other investors.
India: Early-stage VC firm Prime Venture closes third fund at $60m
Prime Venture closed its first fund in 2012 with a corpus of $8m and its second fund was closed in 2015 when it raised $46m.
India: Aye Finance raises $3.9m from Hinduja Finance and IntelleGrow
The NBFC said it is in advanced talks with investors to raise an additional Rs150 crore in Series C funding.
India: Dailyhunt’s journey from classified ads to news aggregation
Dailyhunt is now scaling up its offerings to include video, audio and GIF content.
India: Car rental startup Drivezy raises $5m via ICO
Existing investors and high net worth individuals (HNIs) from Japan and Singapore participated in the round.
Logistics startup Cogoport in talks with Accel Partners to raise up to $8m
The proposed deal is one of the largest early-stage funding rounds into logistics start-ups.
India: Swiggy raises $100m funding led by Naspers, joined by China’s Meituan
Rival Zomato recently announced it's raising $200 million from Alibaba-affiliate Ant Financial.
India: Self-publishing platform Pratilipi raises $4.3m in funding round led by Omidyar Network
Existing investors Nexus Venture Partners, Contrarian Capital, Atul Goel and Times Internet also participated in the round.
India: Paytm, Alibaba in JV to launch new mobile gaming platform ‘Gamepind’
Gamepind will offer a host of popular social, casual and sports games with an exclusive rewards programme.
India: Early-stage VC Stellaris raises funds from Cisco Investments
The tech-focused VC fund had raised $50 million for its maiden fund in February 2017.
