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Posts Tagged ‘ ru-Net ’

Losses at Sequoia-backed Faasos widen four-fold as expenses mount

Wednesday, February 15, 2017 | More »

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Pune-based quick service restaurant chain and online food delivery company Faasos Food Services Pvt. Ltd saw losses widen four-fold in financial year ended March 2016, mainly on account of higher expenses, show filings with the Registrar of Companies (RoC). Losses for FY16 stood at Rs 111.1 crore co...

Shashank ND

Revenue from international markets may outpace that of India’s: Practo’s Shashank ND

The fresh fund infusion of $55 million led by Tencent has reaffirmed investor confidence in healthcare firm Practo. According to estimates, the latest round of funding puts the company’s valuation well past $600 million. The Series D funding round announced on Tuesday also saw the participatio...

18 January, 2017 | More »

Shashank ND

Practo raises $55 mn in Series D round, forays into health insurance aggregation

Digital healthcare platform Practo has raised $55 million in Series D funding led by existing investor China’s Tencent. Practo Technologies Pvt Ltd, which runs a doctor-appointment site and offers an ad platform to clinics, hospitals and diagnostic centres, also saw participation from three ne...

17 January, 2017 | More »

AppsDaily

Exclusive: AppsDaily gets $2 mn in bridge round from Kalaari, others

Mobile app development and distribution company AppsDaily Solutions Pvt. Ltd has raised $2 million (around Rs 13.5 crore) in a bridge round of funding, regulatory filings show. The Mumbai-based company received funding from existing investors Kalaari Capital, Qualcomm Ventures, Russian venture capit...

7 July, 2016 | More »

FreeCharge

FreeCharge raises $33M in Series B from Sequoia, Sofina, ru-Net

Mumbai-based Accelyst Solutions Pvt Ltd, the company behind FreeCharge.in, an online platform for recharge, utility payments, promotions and couponing, has raised $33 million in its Series B round of funding from existing investor Sequoia Capital, with participations from Belgium-based investment c...

2 September, 2014 | More »