Sequoia Capital has raised its fourth India-focused fund of $530 million . The new fund will invest mostly in technology, consumer and healthcare sectors.
InvenZone, a knowledge discovery platform for scholars and researchers has raised angel funding from VentureNursery’s angels.
Online insurance company PolicyBazaar has raised Rs 119 crore from undisclosed investors. Info Edge, which had 32% stake in the company informed the BSE that its stake has been diluted to 23%.
Pepperfry has raised $15 mn in a new round of funding from Bertelsmann India Investments (BII) and existing investor Norwest Venture Partners (NVP).
After acquiring Myntra, Flipkart has raised $210 million investment led by DST Global. Existing investors Tiger Global, Naspers, and Iconiq Capital also participated in the financing round.
Online exam preparation platform Toppr has raised $2 mn from Saif Partners & Helion Ventures. The company’s co-founder Zishaan Hayath told NextBigWhat that the plan is to invest in developing content and cracking new distribution channels.
Snapdeal announced today that it has completed a new round of equity financing of $ 100 million. Investors include funds managed by Temasek, BlackRock Inc, Myriad, Premji Invest and Tybourne.
Media and education major Pearson has announced investment in Zaya Labs, a Mumbai based startup that provides tech enabled solutions for low income schools.
Chumbak, a creative gifting venture, based out of Bangalore has raised $ 2 mn funding from Matrix Partners and existing investor Seedfund.