Yuvraj Malik
Stories by Yuvraj Malik
Cisco invests in IDG Ventures India’s third fund
The investment from Cisco Investments, the corporate venture arm of the US-based firm, comes a month after the firm invested in Stellaris Ventures Par
Vertex Ventures leads $5m round in India’s Hotelogix
Early investors Accel Partners and Saama Capital also invested in the round.
India: Avendus Finance invests $9.7m in ad services firm Ad2Pro
The funds will be used by Ad2Pro promoters to buy out the shareholding of venture capital firm VentureEast, the lone institutional investor in the com
India: NSE in talks with Sebi to tweak startup listing norms
National Stock Exchange (NSE) plans to ease listing norms for so-called new-age companies, in an effort to revive its dedicated startup listing platfo
FourKites raises $35m in August Capital-led round for Asia, South America expansion
Existing investors Bain Capital Ventures and Hyde Park Venture Partners also invested as part of the round.
Pallavi Shroff joins Paytm parent board as independent director
Shroff, managing partner at law firm Shardul Amarchand Mangaldas, is on the boards of Maruti Suzuki India Ltd, Apollo Tyres, Trident Group and Juniper
Furniture rental startup Furlenco in talks to raise up to $15m
Besides early investor Lightbox, Furlenco is in talks with other venture capital firms for the round.
India: Germany’s Turtle Entertainment invests $4m in Nazara Tech for 1.75% stake
Turtle Entertainment owns over a dozen e-sports tournaments around the world, including ESL National Championship.
Flipkart FY17 loss widens 68% to $1.3b, revenue up 29%
As the company continued to spend heavily to maintain its slender lead over arch-rival Amazon India.
India: The Mobile Wallet acquires Kae Capital-backed Trupay
The acquisition will allow The Mobile Wallet to enable its merchant base to collect payments using UPI and Bharat QR.
