Mumbai-based early stage investment firm Kae Capital has reportedly closed its second VC fund at $53 Mn, a 32.5% increase from the estimated $40 Mn. According to sources, around 40% of the fundraise has been contributed by international investors and institutional backers like Quilvest, Velos Par…
Tag: Deep Kalra
I want every rich Indian to start investing in start-ups: Paytm’s Vijay Shekhar Sharma
43-year old Vijay Shekhar Sharma who runs e-commerce firm Paytm backed by Chinese investors, on Thursday said that India’s traditional business houses should start investing in domestic startups. He added that Indian entrepreneurs need foreign investors largely because of the lack of availa…
pi Ventures to invest Rs 200 cr in AI-focussed start-ups
Bengaluru: For Manish Singhal and Umakant Soni, it was a decision that had all the reasons to be made. With entrepreneurs finding novel ways to generate previously untapped data, artificial intelligence (AI)-based startups are gaining importance these days. So, they set up a unique AI-focussed fu…
Indian start-ups to get Superbrands status
Superbrands, the coveted multinational brand endorser, will be endorsing the most significant start-up brands in this country. SuperStartUps, this project for new businesses in India, will also offer all the associated facilities like profilng of the firm in its annual book and to be able to use …
Healthkart chooses nutrition & fitness over drug sales
From a company selling Over-The-Counter (OTC) medicines, Sequoia Capital-backed Healthkart has morphed into one that is totally focused on nutrition and fitness products. “We are re-orienting ourselves into a vertical player in fitness and nutrition. Initially we started with OTC drugs but …