New Delhi: Financial technologies and learning solutions are this appraisal season’s winning bets at startups in India, where last quarter’s currency swap and the government’s visible drive toward digital transactions may help dislodge marketplace unicorns as bulge-bracket paymasters. The reversa…
Tag: Bluestone
InnoVen Capital lends $20 mn to Indian start-ups in Q2
Temasek-backed venture debt firm InnoVen Capital has increased its lending to Indian startups by USD 8 million in second quarter of FY17. The company funded deals worth 15 deals worth USD 20 million compared to USD 12 million in the previous quarter. Between July and September this year, InnoVen …
Ratan Tata invests in wearables maker GOQii
New Delhi: Adding one more to his start-up funding list, leading industrialist and serial investor Ratan Tata has invested in virtual fitness coaching platform GOQii. The size of the funding was, however, not disclosed. The company, which is a leading player in the Indian wearables market, is bac…
Bluestone raises Rs 200 crore from IIFL, RB Investments
IIFL and RB Investments Pte have led Rs 200 crore Series D round in online jewellery retailer Bluestone at undisclosed valuation. Existing investors in the company Kalaari Capital, Accel and IvyCap Ventures participated in the current round. The company competes with Tata Group backed Caratlane i…
Ratan Tata picks stake in e-ticketing start-up Kyazoonga
Chairman Emeritus of Tata Sons, Ratan Tata, has continued with his investments into India’s burgeoning start-up space. On June 10, he announced an investment into e-ticketing company Kyazoonga, without disclosing the financial details. Together, Tata has now crossed over 30 investments in start-u…
Firstcry becomes Ratan Tata’s fourth investment in 2016
Ratan Tata has invested an undisclosed amount in baby and maternity products retailer FirstCry, marking his fourth investment since the start of 2016. FirstCry, which is owned by BrainBees Solutions, follows an omni-channel strategy of selling both through online and offline stores. “The id…