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Posts Tagged ‘ Powai Lake Ventures ’

Exclusive: Powai Lake Ventures goes slow on new startup bets

Monday, August 8, 2016 | More »

Powai Lake Ventures, a network of Mumbai-based angel investors who backed startups mostly in the city, has slowed dealmaking this year as some of its bets misfired and the overall funding environment turned cautious, two people aware of the development said. The angel network had ramped up the pace ...


Exclusive: VC-backed food delivery startup Bite Club pauses operations

Gurgaon-based startup Bite Club has stopped its food delivery operations, one of its co-founders said, joining a growing list of ventures failing to make money in a segment that was investors’ darling last year. “We are on a temporary halt right now. We are working on a different strategy,” Pr...

15 July, 2016 | More »


Exclusive: Food-tech startup Holachef raises fresh funding from existing investors

Mumbai-based startup Holachef has raised fresh funding from two of its existing venture capital investors even as food technology as a domain is going through consolidation. The food-tech startup run by Holachef Hospitality Pvt. Ltd that also counts Tata Sons’ chairman emeritus Ratan Tata as a...

8 July, 2016 | More »


Exclusive: Fashion rental platform Flyrobe raises seed funding from Sequoia, others

Online fashion rental platform Flyrobe has raised Rs11.3 crore (around $1.7million) in seed funding led by Sequoia Capital, regulatory filings show. Snapdeal founders Rohit Bansal and Kunal Bahl, and FreeCharge founders Sandeep Tandon and Kunal Shah also invested in this round, shows information ava...

5 July, 2016 | More »


Food delivery startup Eatlo closes operations

Bangalore-based Eatlo Tech Solutions Pvt Ltd, which runs food delivery startup Eatlo, has closed its operations just five months after it raised angel funding from Powai Lake Ventures, Abhishek Goyal of Tracxn Labs and equity crowdfunding platform Globevestor. “We have temporarily closed our opera...

23 December, 2015 | More »