Home > Articles by: Arti Singh

Author Archive ‘ Arti Singh ’

funding-investment4

Kae Capital invests more in parenting startup Parentune

Gurgaon-based Proparent Solutions Pvt. Ltd, which runs online community of parents Parentune, has raised an undisclosed amount in its second round of funding from existing investor Kae Capital and Singapore-based SEGNEL Ventures, a VC firm that operates in South and Southeast Asia. Parentune will us...

8 March, 2017 | More »

pi Ventures founding partners Manish Singhal,  Umakant Soni

Pi Ventures hits first close of maiden fund; MakeMyTrip, Flipkart co-founders invest

Early-stage venture fund pi Ventures has announced the first close of its maiden fund at $13 million, with technology entrepreneurs such as former Infosys CFO and Aarin Capital chairman TV Mohandas Pai, Flipkart’s Binny Bansal, MakeMyTrip’s Deep Kalra and Info Edge’s Sanjeev Bikcha...

7 March, 2017 | More »

pixel-gift_fe

Blockchain-enabled gifting platform Easter Egg raises $400K seed investment

Easter Egg, a blockchain-enabled gifting platform, has raised $400,000 in its initial round of funding from Singapore-based early stage investment firm Wealthy Ideas, a company executive told VCCircle. The startup will use the funds to expand to other geographies, Easter Egg’s co-founder and chief...

7 March, 2017 | More »

paytm_tc_fe

Anil Ambani’s Reliance Capital sells its stake in Paytm for $41 mn

Anil Ambani-controlled Reliance Capital Ltd has sold its nearly 1% stake in digital wallet company Paytm for Rs 275 crore ($41 million) to China’s Alibaba Group, a report by Press Trust of India stated, citing unnamed sources. Reliance Capital had put in Rs 10 crore for its investment in the w...

7 March, 2017 | More »

SummerLabel

Fashion discovery platform SummerLabel raises seed funding

Gurgaon-based fashion and lifestyle discovery platform SummerLabel has raised Rs 1 crore ($150,000) in seed funding from a clutch of high net worth individuals, the company said in a press statement. Aneesh Seth, director at web development firm 23bytes, and Tushar Mittal, founder of design studio F...

6 March, 2017 | More »

Alibaba

Alibaba to invest $177 mn in Paytm E-Commerce, hike stake to 62%

Paytm E-Commerce Pvt. Ltd, the online marketplace arm of One97 Communications Ltd, is raising $200 million (Rs 1,334 crore) in a funding round led by Alibaba Singapore E-Commerce Pvt. Ltd, a wholly-owned subsidiary of Chinese internet giant Alibaba Group Holding Ltd, a financial daily reported on Th...

2 March, 2017 | More »

VCCircle Awards 2017

MakeMyTrip-SAIF Partners is exit of the year: VCCircle Awards

Venture capital and growth equity investment firm SAIF Partners has won the News Corp VCCircle exit of the year award for its wonderfully-engineered exit from NASDAQ-listed MakeMyTrip Ltd, wherein it pocketed more than 16 times the money it invested in stages, underlining the importance of patience ...

2 March, 2017 | More »

Sancheti_fe

Exclusive: Fashion search platform SeenIt raises pre-Series A funding

SeenIt Online Pvt. Ltd, a Kolkata-based startup that operates artificial intelligence-powered fashion search platform SeenIt.in, has raised an undisclosed amount in pre-Series A funding from Calcutta Angels Network (CAN) and Augment Ventures, the company’s co-founder Saksham Karwal told News C...

28 February, 2017 | More »

PayU to widen fintech play, bets on cross-border payments, offline business

PayU to widen fintech play, bets on cross-border payments, offline business

Naspers-owned payments gateway PayU India is betting big on the fintech space in India. While its primary focus will be on payments, particularly cross-border payments, it is also entering the credit business and offline space. In an interaction with VCCircle, PayU co-founder and chief operating off...

28 February, 2017 | More »

For-THB-Story-TC_ThinkstockPhotos-520095558

ItzCash to strengthen hold in expense management, backs fintech startup Finly

Mumbai-based digital payments company ItzCash Card Ltd has made an undisclosed equity investment in Bangalore-based expense management firm Finly. ItzCash will use the funds to strengthen its play in the expense management vertical, which is estimated to be a $25 billion opportunity for corporates i...

27 February, 2017 | More »