Tag: Kalaari Capital

Online grocery start-up Jumbotail raises $8.5 m in funding

Jumbotail, an Indian start-up building an online wholesale marketplace for groceries, has raised $8.5 million in a funding round led by venture firm, Kalaari Capital with the participation of Nexus Venture Partners. The Bengaluru-headquartered company will use the new funds to enhance technology …

Kstart invests in AI-based chatbot start-up Vernacular.ai

Kstart Capital, the seed program of Venture Capital firm Kalaari Capital, has invested an undisclosed amount in Vernacular.ai, a multilingual artificial intelligence platform for businesses. The start-up, which was founded by three IIT Roorkee graduates- Sourabh Gupta, Akshay Deshraj and Manoj Sa…

How can start-ups add value to IT services companies

Can IT services companies and new age start-ups form a good and profitable cocktail? IT services companies need to innovate and start-ups have an opportunity to capture the situation. Krishnakumar Natarajan, Executive Chairman at Mindtree spoke to the Entrepreneur India about the nuances of colla…

Fintech start-up Perpule raises $650K from Kstart Capital

Fintech startup Perpule raises $650,000 of seed funding from Kstart Capital which is a Kalaari Capital initiative. The funding round was also participated by Venture Highway and G Raghunandan, co-founder of TaxiForSure. The startup will use their freshly raised funds in product development, to hi…

Payments start-up Airpay raises Rs 24 cr in series A funding

Mumbai: Mumbai based payment services startup, Airpay, has raised Rs 24 crore as part of a Series A round, led by Kalaari Capital and existing investors Rakesh Jhunjhunwala & Rajesh Jhunjhunwala. Airpay founded by Amit Kapoor, Kunal Jhunjhunwala and Rohan Deshpande, experienced technology, op…

IDG, Accion to invest more in CreditMantri

Chennai-based online credit management startup CreditMantri Finserve Pvt. Ltd is set to raise Rs 51 crore ($7.6 million) in Series B funding from new and existing investors. Citing filings with the Registrar of Companies (RoC), The company has approved the resolution for the fund-raise. Existing …

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…