Trifecta Capital lends $3 mn venture debt to Urban Ladder

Bangalore-based Urban Ladder Home Decor Solutions Pvt. Ltd that operates furniture portal Urban Ladder has secured $3 million (Rs 20 crore) in venture debt from Trifecta Capital. Mint, which first reported the development citing a Registrar of Companies (ROC) filing by Urban Ladder, said the cash tr...

Nishant Sharma

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...

Manu P Toms

How startups can build scale in a challenging funding environment

It isn’t a coincidence that the number of advertisements screaming discounts by leading e-commerce players in mainstream dailies has gone down in recent months. One doesn’t see too many startups riding IPL, the most sought after event among advertisers on television, this year either. This is un...