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Money

Exclusive: Content portal Campus Diaries raises funding from Aarin Capital, others

Thursday, June 30, 2016 | More »

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Campus Diaries Media and Communications Pvt. Ltd, which operates a content discovery portal targeted at school and college students, has raised Rs 1.5 crore ($220,000) from Aarin Capital and others in its second round of angel investment. Ravi Mantha of Sagelock Investments and 3one4 Capital Partner...

Ratan-N.-Tata

Meet the men who advise Ratan Tata on his angel investments

Ratan Naval Tata is no stranger to betting big. The 78-year-old chairman emeritus of Tata Sons Ltd has backed 36 startups since retiring as the head of the Tata Group in December 2012. Tata’s personal investment portfolio is spread across India’s hottest internet companies, covering sect...

29 June, 2016 | More »

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Brand Capital invests $25 mn in Meru Cabs

Mumbai-based radio taxi firm Meru Cab Company Pvt. Ltd has raised $25 million (Rs 150 crore) from Brand Capital, the ad-for-equity investment arm of Bennett Coleman and Co (BCCL). The company will use the capital to strengthen its foothold in the Indian market, reports PTI. “With the ongoing t...

29 June, 2016 | More »

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Mohandas Pai, others invest close to $2 mn in Velvetcase

Online designer jewellery marketplace Velvetcase.com has raised close to $2 million in a second round of funding led by Uniqorn Ventures Fund with participation from angel investors including TV Mohandas Pai and S Somasegar through online deal-making platform LetsVenture, it said in a statement. Exi...

29 June, 2016 | More »

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Online financing platform Lendingkart raises $32 mn in Series B funding

Online financing platform for small and medium enterprises (SMEs) Lendingkart has raised $32 million (around Rs 205 crore) in its Series B funding round led by Bertelsmann India Investments (BII). The round also saw participation from Darrin Capital Management and existing investors Mayfield India, ...

28 June, 2016 | More »

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Exclusive: Hello Tax gets angel funding

Hello Tax, an app that helps users fill income tax returns easily, has raised an angel round of funding from a high-profile investor, a top company executive told VCCircle. Himanshu Kumar, co-founder, Hello Tax, said it will use this first round of external funding for marketing for the app. The app...

28 June, 2016 | More »

Closed

Exclusive: Matrix Partners-backed home products marketplace Zimply shuts shop

Matrix Partners-backed mobile marketplace for home décor and interior designing products, Zimply, has shut down its operations, a person familiar with the development told VCCircle. The website and app of the startup are also no longer accessible. The company went through multiple pivots before fin...

28 June, 2016 | More »

MySuperBrain

Exclusive: Ed-tech startup MySuperBrain raises angel funding

MySuperBrain, an online talent discovery platform for students operated by Hyderabad-based Bojja IT Solutions Pvt Ltd, has secured an undisclosed amount in angel funding from tech consultancy firm Soniks Consulting. MySuperBrain plans to use the funds for marketing initiatives and augmenting the tec...

28 June, 2016 | More »

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FabHotels gets $8 mn in Series A funding

Gurgaon based Casa2 Stays Pvt. Ltd that operates budget hotel aggregator FabHotels has raised $8 million (Rs  54.3 crore) in a Series A round of funding from a group of investors including existing investors Accel Partners and Qualcomm Ventures, Mint reported, citing a company executive. RB Investm...

28 June, 2016 | More »

buying

HT Media to buy into Singapore’s Sports Asia to boost digital play

HT Media Ltd has decided to pick up a 50.5% stake in Singapore-based digital content firm Sports Asia Pte. Ltd, as the newspaper publisher expands its online offerings. The publisher of dailies Hindustan Times and Mint said in a stock-exchange filing on Tuesday that it will make the investment throu...

28 June, 2016 | More »

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