Chinese funds, among the largest investors in Indian startup ecosystem, are still issuing term sheets to early stage companies in spaces such as content, gaming, and online education — spaces that will gain from the COVID-19 pandemic.
Founded by Mahendra Surana and Surendra Surana, Pushp said it will use the capital for expanding and deepening distribution network, beefing up the existing sales team and enhancing marketing initiatives to strengthen the brand across India.
The company won’t confirm the amount but the deal, which was pegged at $10-15 million, is believed to have happened much cheaper.
Chinese companies are one of the biggest investors in India’s startup space.
The rural fintech startup has given loans worth Rs 50 crore to farmers in the last six months.
Preetam, who was with Walmart, has more than 23 years of experience in the space.
As the food and beverages industry resumes business, Swiggy hopes to get restaurants online faster with its 'Jumpstart Package'.
Google was also among the investments which made Moritz a venture investing superstar and Sequoia the world's leading VC.
LetsTransport is present in 15 cities and has over 60,000 drivers on its platform.
Ananth Narayanan, co-founder and CEO of Medlife, talks about what's happening in the healthcare business in these times
India was in line for emerging as a strong market for gaming, the COVID-19-induced lockdown just catalysed it
The software startup helps coders test and develop tools that allow apps to talk to each other.
Under the initiative, accelerators and incubators across the country are also invited to collaborate for providing assistance to fintech startups.
Used by more than 500,000 companies globally, the Postman API Platform helps them accelerate their pace and effectiveness of software development.
NEFT down 34%, RTGS more than 50% and debit cards 68% compared to March, RBI data shows.
Banks should redesign their mix of secured and unsecured lending to take care of their assets, TransUnion Cibil has said.
Parameswaran will now oversee operations in nine countries, including India, South Korea, Japan and Australia .
As coronavirus forces teachers to move classes online, the company is hoping its technology will be adopted rapidly in India like it was in the US.
The startup hopes to introduce futures and options and also intra-day trading over the next few months.
The exchange of information and best practices, as well as the provision of liquidity are the most crucial elements of startup support during this time
As companies look to conserve cash, ESOPs should come into play but they find few takers among employees as well as founders.
The office in Bengaluru joins an M12 network that includes San Francisco, Seattle, London and Tel Aviv.
Global technology majors, which are keen on India, are also looking for some indications from the government before bringing in their exchange businesses.
Anand Mahindra-invested Hapramp was founded in 2018 by five students of Indian Institute of Information Technology-Vadodara.
Some companies catering to millennials are seeing their revenues return steadily to pre-COVID levels, says Fireside’s Kanwaljit Singh.