Medical content startup myUpchar has raised Rs 2 crore ($300,000) in seed funding from a clutch of investors through online deal-making platform LetsVenture, a company statement said. The investors were Rajan Anandan, managing director at Google India; Alok Mittal, co-founder and chief executive …
Tag: Alok Mittal
IAN announces India’s first & world’s largest maiden fund worth Rs 350 cr
Indian Angel Network (IAN) has become the first angel investor group globally to raise a 350 crore fund. The fund which marked its first close at rupees 175 Crores has industry stalwarts like Kris Gopalakrishnan, the cofounder and ex-CEO of Infosys; Sunil Munjal, joint managing director of Hero C…
Stellaris brings $100 mn booster shot for Indian tech start-ups
Venture Partners, Stellaris have announced that they will be boosting Indian Tech Startups with $100 Million from its maiden closing. Contributions for the Indian tech startups came from corporate companies like Infosys, Entrepreneurs family offices from the US, Europe, Asia and from other financ…
Bharti Airtel picks up stake in Fintech start-up Seynse
Telecom major Bharti Airtel has acquired a strategic stake in Goa-based financial technology startup Seynse Technologies Pvt. Ltd, it said in a statement. The value of the investment is not disclosed. Seynse has created the digital lending platform Loan Singh which provides consumers access to lo…
IndiaMART partners with TiE Delhi-NCR for annual SME Conclave 2017
IndiaMART,India’s largest online marketplace, organized the annual SME Conclave 2017 in association with TiE Delhi-NCR at the Welcome Hotel Sheraton in Saket, New Delhi. Themed ‘SMEs in new India’, the conclave featured several leaders from the industry discussing various facets of young business…
Stellaris hits first close for $100 mn fund
Mumbai: After a year of breaking away from Helion Venture Partners — one of the country’s oldest venture funds — Ritesh Banglani, Alok Goyal and Rahul Chowdhri have managed the first close of their $100 million (Rs 680 crore) maiden fund which will back domestic early-stage startups. Stella…
Indian Angel Network to fund free legal aid start-up Lawrato
Indian Angel Network has invested an undisclosed amount in Lawrato.com, a portal that connects lawyers to potential customers, the latter said in a statement on November 16. Alok Mittal, Co-Founder, Indian Angel Network, led the pre-series A round in the company, which will see V.P. Rajesh and Sr…
B2B e-commerce market 6 times larger than B2C: SME lenders
Companies like Capital Float, Lending Kart and Indifi Technologies that lend to small and medium enterprises are increasingly partnering with B2B e-commerce platforms such as Of Business and Tolexo to provide financing options to sellers and buyers on the marketplaces. B2B e-commerce market 6 tim…
SME funding-enabler Indifi & Travel Boutique Online join hands
In a bid to enhance businesses for travel agents, Indifi Technologies, an enabler for SME funding in India, has joined hands with Travel Boutique Online (TBO). Through this association, Indifi is providing working capital to travel agents who are unable to scale-up their businesses due to financi…