CreditVidya, which uses data to provide credit scores for individuals, has raised $5 million in its series B funding round led by Matrix Partners India. The Mumbai-based company’s existing investor Kalaari Capital has also participated in the latest fund raise. CreditVidya co…
Tag: Matrix Partners
Treebo Hotels raises $34 m in series C round from Hong Kong firms & existing investors
Treebo plans to improve customer experience, marketing, technical and expansions.
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Edtech start-up Testbook raises funding from Matrix Partners
Testbook, an education technology startup, has raised an undisclosed amount from venture capital firm Matrix Partners India. The company will use the funds for geographic and product expansion. Testbook, founded by a team of IIT graduates, leverages technology to make preparation for government …
Start-up funding deals decline by 50% in January, 2017
The year 2017 has started with a cautious mood amongst investors in the Indian startup ecoystem. Last month, barely USD 173 million worth of investments took place in Indian startups compared to over twice that number in the same period, a year ago. According to the data, shared by research firm …
Practo raises $55 mn in Series-D funding led by China’s Tencent
Digital healthcare start-up Practo Technologies Pvt Ltd has raised $55 million in a Series-D funding round led by China’s Tencent, with participation from new investors ru-Net, RSI Fund, owned by Recruit Holdings and Thrive Capital. Existing investors Sequoia Capital, Matrix Partners, Google Capi…
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…
InnoVen Capital clocks Rs 82 crore deals in first quarter
Temasek-owned InnoVen Capital has struck deals worth Rs 82 crore in the first quarter of the current fiscal, as the venture debt firm looks to make deeper inroads into Asia’s third-largest economy and rapidly-maturing startup ecosystem. InnoVen Capital, which is also backed by Singaporean m…
U2opia Mobile to invest over $3 mn in startups
Telecom solutions provider U2opia Mobile will invest $3 million (around Rs 20 crore) over the next three years to fund startups working on scalable mobile technology. Under its Catapult programme, in the first year, U2opia will invest in five-six companies that have about 2-4 members. The program…
7 Indian startups valued over $1 billion
Flipkart Flipkart as a startup 9 years ago was a company with ambitions in the e-Commerce domain. The company started as an online platform for selling books in 2007 by Sachin Bansal is now valued at $ 15 billion offering a huge range of products categories. Snapdeal Snapdeal the e-commerce compa…
Matrix partners raises 730 crore to boost its corpus
Venture firm Matrix Partners India, an early investor in ride hailing app Ola and classifieds portal Quikr, has raised a further Rs 730 crore or $110 million to boost the corpus of its second fund. The fund raise comes at a time when a Co-Founder Rishi Navani is leaving the firm, which will now b…