Venture Capital firms made 405 investments in India, worth $1.4 billion during 2016 as compared to 512 deals worth $2 billion in 2015, which is 21% lower in volume terms and 28% lower in value as compared to the all-time highs of 2015, according to a data from Venture Intelligence. With 304 inves…
Tag: Kalaari Capital
Fintech co Rubique processes loans worth Rs 975 cr
Mumbai, December 28, 2016: Rounding up the year in style, Rubique, the one-stop online marketplace providing technology enabled end-to-end solutions to financing needs of individuals & SMEs has announced that it has processed more than Rs 975 crore worth of loans since its inception in Octobe…
How incubators in India are helping start-ups grow
For Anand Shahani, founding WedMeGood, an online wedding planning portal, in 2014 was just the beginning. Within a few months, he realised that he needed networking and mentoring to take the business in the right direction. After much deliberation, he decided to knock at the doors of 91SpringBoar…
Media start-up ScoopWhoop acquires Touchfone Technologies
Media startup ScoopWhoop has acquired Touchfone Technologies for an undisclosed amount in a cash-and-stock deal. As part of the deal, Touchfone Technologies Co-Founders Mahesh Subramanian and Brahmayya Akella will be appointed as ScoopWhoop’s Chief Technology Officer and Chief Integration O…
Demonetisation Effect | E-wallets making hay while digital lending start-ups feel the heat
The rapid embrace of digital payments following the crackdown on cash transactions is set to greatly benefit an allied industry: alternative lending startups. Digital payment companies such as Paytm have emerged the immediate winners post the government’s decision to scrap high-value banknotes an…
Fintech start-up Affordplan raises Rs 20 cr from Prime Ventures & Kalaari
Delhi-based fintech startup Affordplan has raised Rs 20 crores in Series A funding round led by Prime Venture Partners and Kalaari Capital as a co-investor. These funds will be utilised to expand the current team, build the network and scale the business to new cities across India. The company of…
VC-backed deals in fintech space decline to five-quarter low: Report
Despite the buzz around start-ups working on financial technologies (fintech), investors globally and in India are approaching the sector with caution, a report said. According to ‘Pulse of Fintech’, a report from CB Insights and KPMG, venture capital (VC)-backed fintech funding fell 17% worldwid…
Active.ai raises $3 mn from Kalaari Capital, IDG Ventures
Singapore-based fintech startup Active.ai announced it has raised USD 3 million in funding from IDG Ventures India and Kalaari Capital. The investment will support the rapid growth of Active.ai to continuously advance its cutting-edge platform and build advanced artificial intelligence (AI) featu…
Kalaari Capital offers $100k each to 3 hardware start-ups
Remember the hoverboard from the movie Back to the Future, the teleporter from Star Trek, or the landspeeder from Star Wars? How about a multi-touch table out of a James Bond film? Talk about hardware technology innovation, these are some of the images that rush to the mind of India’s top venture…
Venture Capitals: The backbone of SMEs & Start-ups
If you are thinking to start a business or you are a successful businessman and want to take your business to a next level, your first priority should be tapping the venture capital funding. India has seen a great success in the startup ecosystem and ‘investors’ play a very crucial role in bringi…