Bengaluru-based healthtech startup Grow Fit has raised $4.5 Mn in Series A funding. The investment was led by Manipal Education and Medical Group (MEMG), the PE arm of Manipal Group. Existing investors, SAR Group and The Grover Trust also participated in this round. With this investment, Dr. Ranj…
Tag: HealthTech
‘Venture capital market poised to be on a high growth trajectory in Q2’2017’
2016 has been a good year with uncertainty waning in the US. According to Venture Pulse, a quarterly report on global VC trends published by KPMG, there are signs of optimism in the venture capital (VC) market as total investment in the first quarter of 2017 by US VC-backed companies reached $17.…
Pune now decks up for a spot on India’s startup map
The Pune Smart City Development Corporation (PSCDC) has set up a new subsidiary, Pune Idea Factory Foundation (PIFF), which will serve as a one-stop shop for anything startup related in the city. Maharashtra Chief Minister Devendra Fadnavis has said that he would like to make the city India’…
Big setback for start-ups in India, investment plunge 44% in 2016: Study
Investments in start-ups declined significantly in volume (28%) and value (44%) in calender 2016. The deal sizes got smaller as angel and early-stage funding dominated and late stage funding took a backseat, said VCCEdge in its year-end analysis. In 2016, start-ups witnessed a 44.3% decline in in…
Here’s how start-ups’ success can be measured
The problem with excessive and premature hype is that the euphoria is often followed by disillusionment. The soaring valuations of copycat e-commerce start-ups in the last three years has been reminiscent of the dotcom spurt at the end of the last century. The dotcom bust, when it happened, was s…
Ideaspring Capital aims innovation through ‘Startup Assist’ program
Ideaspring Capital, an early stage venture fund by entrepreneurs and for entrepreneurs, announced its official launch on April 28 in Bangalore. The INR 125 crore fund will focus on early-stage product innovation startups and entrepreneurs in India. Ideaspring Capital aims to bring sustained partn…
Venture fund for product start-ups launched in Bengaluru
Ideaspring Capital, an early- stage venture fund by entrepreneurs for entrepreneurs, announced its official launch in Bengaluru on April 25. The Rs. 125-crore fund will focus on early-stage product innovation start-ups in the country in key areas, including machine learning & deep learning, c…