Edutech startup Thikerbell Labs has raised $202,000 (Rs 13 million) in an angel-investment round led by led by Rajesh Navaneetham and Manjunath Nayak from Indian Angel Network (IAN). Anand Mahindra, Chairman and Managing Director at Mahindra Group too invested in this Bengaluru-based start-up tha…
Tag: Mahindra Group
Women-focused media startup POPxo raises $2.7 mn from GREE Ventures, others
POPxo.com, a digital publication targeted at young women, has raised $2.7 million in a Series B funding round led by Japanese venture capital firm GREE Ventures with participation from its existing investors Kalaari Capital and IDG Ventures India. The company will invest the fresh capital on prod…
Cloud push: From start-ups, SMEs to large companies, IBM serves them all
The role of the cloud is changing—it is maturing. It is now the platform for innovation and business value. This is where the US computing giant IBM is setting its sights, indicated by its shift to higher value cloud capabilities. Globally, the Armonk, New York-based firm has built a $12.7 billio…
Mahindra Finance to raise Rs 1000 cr from NCDs
Mahindra Finance said it will raise Rs 1,000 crore through retail bond sale. The public issue of thecthe first from the company, will open on May 25 and closes on June 10, said the NBFC from the Mahindra group. Mahindra Finance Vice Chairman and Managing Director Ramesh G Iyer said it is their ma…
Large companies, not varsities are new startup garages| Anand Mahindra
Large corporations, and not necessarily reputed tech schools like IITs or MIT, are the new startup garages as big businesses race to stay relevant, Mahindra Group Chairman Anand Mahindra has said. “The new garage is not necessarily in the MIT or Stanford or the IITs. It is in fact, back in …
Mahindra & Mahindra enters farm equipment rental business with Trringo
Mahindra & Mahindra’s (M&M) forayed into the agricultural equipment rental services with the launch of Trringo, an organised rental service, with plans to invest over Rs 10 crore on the startup enterprise. “Farm Equipment Sector (FES), a part of Mahindra group, has forayed int…
Fintech startup Lendingkart ties-up with Mahindra’s SmartShift
Lendingkart, a fintech start-up that facilitates small and medium enterprises (SMEs) in obtaining working capital loans, entered into strategic partnership with Mahindra’s SmartShift, a digitally enabled aggregator for cargo owners and transporters. Harshvardhan Lunia, cofounder, Lendingkar…