Riding high on a rapid growth trajectory, ftcash, one of India’s fastest growing financial technology ventures, has raised an undisclosed amount of funding in a pre-Series A round from venture capital firms IvyCap Ventures and 500 Startups. The fintech start-up will utilize the newly-raised capit…
Tag: IvyCap Ventures
Clovia | Fashioning women’s clichéd innerwear market
Lingerie has always been talked about in hushed voices in our country. It has always been a pain for women to shop from neighborhood stores as they were mostly run by men. To save embarrassment, Clovia, a full stack lingerie e-brand, is here to spice up the clichéd innerwear market. “Clovia wants…
GrabOnRent to raise $5 mn in Series A funding
Hyderabad: GrabOnRent, an online product rental service, today said it plans to raise USD five million in series A funding to fuel expansion plans. Chief Operating Officer Manish Sugandhi said GrabOnRent is now looking to close a Series A funding of around USD five million in the coming few month…
Budget 2017: A hit or a miss for entrepreneurship in India? Start-ups respond
The biggest day on India’s policy calendar had a slew of announcements directed at the middle class and the rural sector, but few that shone a spotlight on the burgeoning startup ecosystem in India. India’s payment industry, however, has much to cheer about with the proposed regulator…
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…
Tight government regulation, lack of innovation limiting Crowdfunding startups
Crowdfunding is globally a $16-billion industry and as per estimates, in 2016 with a total investment volume of $34 billion, it is likely to overtake the amount of equity funding from venture capitalists to startups which is $30 billion. Even as equity crowdfunding is one of the fastest growing m…