MobiKwik has so far raised over USD 85 million in funding from investors like South Africa's payments major Net1, Sequoia Capital, American Express, Tree Line Asia and Cisco Investments.
The fund will be utilised to strengthen the technology, product and design teams.
Even as the Indian startup ecosystem remained relatively slow with respect to venture capital funding in 2016, angel investment was one segment which remained bullish
OneAssist offers insurance to cover card frauds such as skimming, phishing along with online, ATM and PIN fraud.
The firm has invested in 20 startups in India to date and has had a successful exit in March in Beardo, a men’s grooming products startup
AIDA, Boxx.ai’s first product led to an increase of 40 percent sales for its Indian and global clients, the company said
The company has received a total of USD 10 million in funding and covers more than 30,000 merchants in Delhi
Mayur Jain, CEO, said they are looking to expand to other parts of the country after August, and the areas to be tapped initially include Bangalore as also cities in states like Gujarat, MP and UP
Invoice Bazaar Supply Chain Finance (SCF) platform connects large buyers with SME suppliers which help them to avail early payment on their receivables.
The fund is also in talks to raise a Mauritius-domiciled investment vehicle apart from this fund, to take the total corpus to USD 100 million
Former MD of Yahoo India and Southeast Asia Tadanki led the seed round in the company
In an interaction, earlier during the month, Trifecta Capital's Rahul Khanna said that the firm planned to invest across 15-20 startups during the current year with the deal size ranging from Rs 5 to 45 crore
Noting that more than 70 per cent of the population will move to urban areas by 2040, Ashish Kumar Singh, the Public Works Department‘s (PWD‘s) principal secretary, said that â€œThis will require investment to R
Even as eBay has sold its India business Flipkart, not all of its employees in India will be absorbed by the Bangalore-based company
In exchange for an equity stake in Flipkart, eBay is making a cash investment in and selling its India business to the company
The startup aims to use AI and big data to improve productivity and care quality of doctors and help patients manage their health and existing ailments better
The share of banks‘ credit in the real estate sector, has shrunk drastically in the last few years, from 50%-57% in 2010 to 24%-26% in 2016, said Knight Frank India, in its first edition R
The current correction in India's startup ecosystem has been caused due to indiscriminate hiring which created a fixed cost problem for startups
New Development Bank has approved the terms and conditions for adding new members and will come out with final criteria for the same, NDB head K V Kamath said today.
Snapdeal’s valuation in a potential funding round has led to a divide in its board of directors.
The funding, however, would come at a much lower valuation of about USD 8-9 billion, sources close to the development said.
Founded by three former Citibank executives, the company offers a proprietary technology to analyse credit history and helps understand credit worthiness for users.
Ola, India's home grown online cab aggregator, has raised a fresh bout of funding with its existing as well as new investors. The cab aggregator raised funds to the tune of USD 350 million at a lower valuation of USD 3.5 billion, down from the highs of USD 5 billion it enjoyed earlier.
Even as cloud-based startups are entering foreign shores, they counter heavy regulations, bribery and other challenges. Here‘s how some of them counter those hurdles
Hero MotoCorp‘s lending arm is looking to raise fresh round of funding. Sources tell CNBC-TV18 that Hero FinCorp could dilute partial stake to raise Rs 1,000 crore