Posts Tagged ‘ Saama Capital ’
Thursday, February 16, 2017
Dearton Thomas Hector
The race for supremacy in the online jewellery retailing segment has tightened, with the gap in revenue of the top two players—Caratlane and Bluestone—halving in the last financial year. Carat Lane Trading Pvt Ltd, which runs Caratlane.com, posted a 9.5% increase in net sales to Rs 131.8 crore f...
Pune-based Sminq India Solutions Pvt. Ltd, which runs queue management app Sminq, has acquired Codepandora, a UX-focused software service provider, in a cash-and-equity deal. The CodePandora team has joined Sminq and all its members will be part of the stock rewards programme at Sminq, the company s...
14 February, 2017 |
The week saw startup deal activity pick up with as many as 19 companies being funded, up from just seven during the previous week. Bangaluru-based startups stole the show by bagging the most number of first cheques. Mumbai-based bike tour operator Enfield Riders Pvt. Ltd, which conducts motorcycle t...
22 October, 2016 |
Bengaluru-based Finwizard Technology Pvt. Ltd, which runs wealth management app Fisdom, has raised $1.1 million (Rs 7.3 crore) from Saama Capital. The company will invest these funds in technology, to expand its team and acquire customers, it said in a statement. Fisdom was founded by Subramanya SV,...
19 October, 2016 |
Artificial intelligence chatbot shopping app Mezi, operated by Mez Mobile Inc., has raised $9 million (Rs 60 crore) in Series A funding from Saama Capital, American Express Ventures and existing investor Nexus Venture Partners. Amit Singhal, former senior vice president and head of Google Search, an...
27 July, 2016 |
Bangalore-based jewellery e-tailer BlueStone has raised $30 million (Rs 200 crore) in a fresh round of investment led by financial services firm IIFL Holdings Ltd and Accel Partners. Kalaari Capital, RB Investments and IvyCap Ventures also invested in the Series D round, Bluestone Jewellery and Life...
18 July, 2016 |
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 |
Queue management app Sminq, operated by Pune-based Sminq India Solutions Pvt Ltd, has secured $1 million (about Rs 6.7 crore) from Saama Capital, Blume Ventures and other investors. Angel investor Vaibhav Domkundwar also put money in this round, the company said in a statement. Suresh Shanmugham, co...
14 June, 2016 |
Entrepreneurs in the US now have access to a new class of capital, funds from unaccredited investors. In other words, any individual who has the cash can now become a startup investor in the US. Prior to this, only individuals whose net worth, along with that of their spouse, exceeded $1 million wer...
19 May, 2016 |
The Bengaluru edition of Techcircle Startup 2016, a flagship event on India’s startup ecosystem, will provide entrepreneurs and investors plenty of opportunities to connect with each other. Techcircle Showcase is one such platform that will enable a set of handpicked innovative startups to make an...
8 April, 2016 |