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Posts Tagged ‘ Bessemer Venture Partners ’

Housejoy FY16 losses widen 20-fold on higher ad spend, employee costs

Tuesday, January 31, 2017 | More »

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Home services startup Housejoy’s revenue rose nearly 32 times in FY16, but losses also went up 20-fold as employee costs soared and the company spent more on advertising and promotions. The company, run by Sarvaloka Services On Call Pvt. Ltd, reported total revenue of Rs 17.1 crore against Rs ...

Wydr

Mobile B2B marketplace Wydr raises Series A funding

Mobile business-to-business (B2B) marketplace Wydr has raised an undisclosed amount in Series A funding from Stellaris Venture Partners, Bessemer Venture Partners and Jungle Ventures, according to a press statement. Axis Capital from Singapore also participated in the round. The company will utilise...

20 January, 2017 | More »

BigBasket

BigBasket targets 45% revenue from private labels by March 2017

The country’s top online grocer, BigBasket, is ramping up its private label business eyeing higher margins. It expects private labels to contribute 45% to its overall revenue by March next year; currently, that number stands at 33%. Over the next three months, the Bangalore-based company will ...

22 December, 2016 | More »

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Second-hand goods marketplace Zefo raises $6 mn from Sequoia, others

Bengaluru-based Zero Effort Technologies Pvt Ltd, which runs second-hand goods marketplace Zefo, has raised $6 million (Rs 40 crore) in Series A round of funding led by Sequoia India, with participation from venture capital firms Beenext and Helion Ventures, which is also an existing investor. ZefoÂ...

15 November, 2016 | More »

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Zomato hires banker for fresh fundraise, plans to set up cloud kitchens

Gurgaon-based restaurant listing and food delivery firm Zomato Media Pvt. Ltd has hired investment bank Morgan Stanley for its next fundraise, according to a spokesperson of the company.  Further details were not revealed. In its last funding round in September 2015, the company had raised $60 mill...

7 November, 2016 | More »

Bharatmatrimony IPO

Bharatmatrimony.com all set to get listed in November; plans to raise $83 mn through IPO

Matrimony.com Pvt Ltd, which owns Bharatmatrimony.com and a clutch of other matrimony related consumer internet platforms, is ready to get listed by November, says its founder and CEO Murugavel Janakiraman. The company had filed its draft red herring prospectus (DRHP) with India’s securities marke...

7 October, 2016 | More »

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Mukesh Bansal joins food-tech startup Swiggy’s board as advisor

Bengaluru-based Bundl Technologies Pvt. Ltd, which owns and operates online food ordering platform Swiggy, has roped in Myntra’s founder Mukesh Bansal as a strategic advisor. “His (Bansal’s) role in building an incredible product and scaling private brands at Myntra will prove to be be...

5 October, 2016 | More »

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Food ordering startup Swiggy gets $15 mn from Bessemer Venture, others

Bengaluru-based Bundl Technologies Pvt Ltd, which owns and operates online food ordering platform Swiggy, has raised $15 million (Rs 100 crore) in a Series D funding round led by Bessemer Venture Partners. Swiggy’s existing investors, which include firms such as Accel India, SAIF Partners and ...

19 September, 2016 | More »

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Bessemer, others invest $15 mn in home design startup Livspace

Bangalore-based home design and decor startup  Livspace has raised Rs 100 crore (around $15 million) in its third round of funding led by existing investor Bessemer Venture Partners. Other existing investors Helion Ventures and Jungle Ventures also participated in the round, the firm said in a stat...

29 August, 2016 | More »

Cashify

Re-commerce startup Cashify acqui-hires smaller rival MobiBing

Re-commerce firm Cashify (formerly known as ReGlobe) has acqui-hired Bangalore-based MobiBing, a business to consumer (B2C) marketplace for buying and selling refurbished and unboxed gadgets. Sibgathulla Zeeshan, founder of Innowhiz Online Services Pvt. Ltd that runs MobiBing, will join the strategi...

19 July, 2016 | More »

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