Tag: IDG Ventures

EarlySalary bags $4 m in series A from IDG Ventures India & DHFL

Chennai: Fintech start-up EarlySalary on May 10 said that it has raised Series A funding of $4 million from IDG Ventures India and Dewan Housing Finance. Founded by Akshay Mehrotra and Ashish Goyal, the company had raised seed funding from Ashok Agarwal of Transcorp International earlier. The sta…

Why SIDBI can be a game changer for venture capital industry

Around June last year, entrepreneur-turned-venture capitalist Manish Singhal was looking to raise his first venture fund, and he thought it was the toughest task he had ever undertaken. Singhal had earlier co-founded startup financing platform Letsventure. As he searched far and wide for investor…

Rewards start-up m.Paani raises $1.35 mn from IDG Ventures, others

Loyalty rewards app mPaani Solutions Pvt Ltd has raised $1.35 million in its pre-series A investment round led by IDG Ventures, Blume Ventures and Saha Fund, the company said in a statement. Existing investors Adil Allana of The Allana Group, Aprameya Radhakrishna, co-Founder of Taxiforsure, and …

Ratan Tata to resume investing in start-ups

Tata Sons interim chairman Ratan Tata has said he would go back to investing in startups this month after handing over the reins of the Tata group to N Chandrasekaran, Managing Director and chief executive of Tata Consultancy Services (TCS), who will formally take over on 23 February. After retir…

Mobile social gaming company PlaySimple raises $4 mn

In a Series A funding round from SAIF Partners and IDG Ventures mobile social gaming company PlaySimple has raised $4 million. Founded in 2014 by former Zynga employees Siddharth Jain, Preeti Reddy, Suraj Nalin, along with former Walmart Labs engineer Siddhant Jain, PlaySimple has developed two g…

Bizongo raises $3 mn from IDG Ventures, Accel Partners

Bengaluru: Bizongo, run by Smartpaddle Technology Pvt. Ltd, a marketplace where businesses can procure packaging materials, on November 4th said it raised $3 million in a Series A round of funding from venture capital firms IDG Ventures and Accel Partners, an existing investor. The Mumbai-based f…

Agritech start-ups increasingly focusing on social parameters

Bengaluru: Agritech and social enterprise startups are increasingly focussing on health, education, sanitation and entrepreneurial initiatives in an attempt to enable farmers and their families. Besides offering tech know how and products, these startups are also looking into the emotional and ed…

Drug-development startup striving efficacy in cancer treatment

Bengaluru-based Zumutor Biologics, a drug-development startup, has partnered with US-based global major Catalent Pharma Solutions and has completed a research study that can potentially lead to greater efficacy in the treatment of cancer. The successful completion of the study has led to a global…