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Money

Lifestyle e-tailer Koovs’ parent raises $32M from existing & new investors

Friday, April 29, 2016 | More »

koovs
Koovs plc, the UK-based parent of Indian lifestyle e-tailer Koovs.com, has raised £21.9 million ($32 million or Rs 212 crore) in the first significant transaction related to a local e-commerce venture after the government formally allowed foreign direct investment in online marketplaces. Koovs plc ...

Hello-Curry

QSR chain Hello Curry acquires Hyderabad-based The First Meal

Quick service restaurant chain Hello Curry Pvt. Ltd has acquired Hyderabad-based The First Meal, an online breakfast and health foods subscription platform, in a cash-and-stock deal. Hello Curry will also adopt The First Meal’s subscription model, Raju Bhupati, founder and CEO of Hello Curry, told...

29 April, 2016 | More »

Piyush-Jain,-CEO,-Impact-Guru

Crowdfunding platform Impact Guru gets seed funding

Crowdfunding startup Impact Guru has secured $500,000 (Rs 3.3 crore) in seed funding from Singapore-based venture capital firm RB Investments and Fundnel, a Southeast Asia-based private investment platform. The startup will use the funds to grow its online crowdfunding activities for nonprofits, soc...

28 April, 2016 | More »

DocsApp

Doctor consultation startup DocsApp raises $1.2M from Rebright, others

Doctor consultation app DocsApp has secured seed investment of $1.2 million (Rs 8 crore) from investors led by Japanese venture capital firm Rebright Partners. Early Facebook investors Anand Rajaraman and Venky Harinarayan also invested in this round, DocsApp said in a statement. The startup will us...

28 April, 2016 | More »

The-Wedding-Brigade-Team-Photograph

The Wedding Brigade gets pre-Series A funding from Blume Ventures

Mumbai-based Sitara Digital Ventures Pvt Ltd, which runs wedding solutions portal The Wedding Brigade, has raised Rs 4 crore (around $600,000) in pre-Series A funding led by Blume Ventures with participation of four unnamed angel investors. The funding will be utilised to enhance the product and ser...

28 April, 2016 | More »

VCCircle_Wipro_Ventures

Wipro Ventures invests in US-based cyber security startup Vectra

Wipro Ventures, the $100 million strategic investment arm of Wipro Ltd, has invested an undisclosed amount of funding in US-based cyber security company Vectra Networks Inc. for a minority stake. “Wipro completed this investment in March 2016 and plans to go to market with Vectra jointly with its ...

28 April, 2016 | More »

MUrgency

Axilor Ventures backs emergency response app MUrgency

MUrgency Inc., which runs an emergency response mobile app, has raised an undisclosed amount of funding from early-stage venture fund Axilor Ventures. The funds will be used to develop the brand, recruit talent, augment technology and scale operations, it said in a statement The US-based startup was...

28 April, 2016 | More »

startup_fe

Nearly 1,000 Indian startups to get funded in 2016: VCCEdge

Close to a thousand Indian startups are likely to get funded in 2016, replicating and possibly surpassing last year’s record show, according to the Startup India report by VCCEdge, the data research platform of VCCircle. The report, which was released at the Techcircle Startup event at Bengalu...

28 April, 2016 | More »

Jabong

Jabong parent raises $339M; valuation plunges

Global Fashion Group, the parent of loss-making Indian fashion portal Jabong, has raised fresh funding from its existing investors but at a sharply lower valuation. The company secured €300 million ($339 million or Rs 2,250 crore) from Germany’s Rocket Internet SE and Swedish investment firm Kin...

27 April, 2016 | More »

Bioworld_fe

Exclusive: Bioworld Merchandising acquires VoxPop; Blume Ventures scores an exit

US-based Bioworld Merchandising, Inc, a design and distribution firm of licensed and private label merchandise for young adults, has acquired Noida-based VoxPop.com, an online destination for licensed products, for an undisclosed amount, a top VoxPop executive told Techcircle.in. While the deal is e...

27 April, 2016 | More »

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