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.
Zomato Valuation: Was it over valued? Is everyone banking on the greater fool theory? It’s hard to answer these questions, especially when the company is in its growth phase.
Fitness Tracking Device Startup GetActive, fund raising platform LetsVenture, social shopping website VioletStreet & ride sharing startup Ziffy have raised funding.
Multi-stage venture capital firm Norwest Venture Partners (NVP) has started a new $1.2 bn fund which will invest in early to late stage companies.
Enterprise Mobility company, RapidValue has raised INR 25 Crores (~$4.2mn) from Helion. This is Helion’s second investment in enterprise mobility, after EzeTap.
Canaan Partners in India is at the cross roads. The Venture Capital firm has been in India since 2006 and is now under pressure to come to a decision to say or leave?