Technology-enabled logistics start-up Loadshare has raised an undisclosed amount in its first round of funding from venture capital fund Matrix Partners India. Started in January of 2017, Loadshare has built a network focusing on small and medium players by helping them with technology and operat…
Tag: Matrix Partners India
Mswipe in talks to raise up to $40 mn
Mumbai: Mobile payments services provider Mswipe Technologies Pvt. Ltd has initiated talks to raise as much as $40 million (around Rs250 crore) in a new round of funding, two people aware of the development said. The firm which provides merchants with mobile point of sale (PoS) terminals to enabl…
Smart start-up VCs ally with global peers for faster exits
That a grim market scenario has venture capital firms locking up their purses in 2016 is a fact unmatched. But venture capital firms have turned their eye towards a global solution to return capital to their investors and deliver the best possible return they can, in times of distress. As many VC…
Treebo Hotels raises Rs 112 crore in new funding round
Treebo Hotels, a technology-enabled budget hotel chain, has raised Rs 112 crore in a new funding round led by Bertelsmann India Investments (BII) with participation of existing investors, SAIF Partners and Matrix Partners India. Treebo, which competes with budget hotel room aggregator OYO Rooms, …
Twist Mobile promises to take you on a virtual darshan
Indore-based Twist Mobile, a mobile gaming startup backed by Matrix Partners India, has ventured into Virtual Reality (VR) in religious tourism space. The move approved by the investor will tap a huge untapped religious space for virtual reality, starting with Kumbh Mela at Ujjain. Kumbh mela tra…
MSwipe bets on SMEs for expansion
Mumbai-based mobile PoS player MSwipe, which competes with EzeTap and iKaaz among others, is betting on the varied lot of SMEs for expansion. Currently, the PoS player claims to work with banks like Axis Bank, Ratnakar Bank, Corporation Bank and others and caters to more than 75,000 merchants inc…
OfBusiness racks up $5m series A round
OfBusiness, a three-month-old online marketplace for business-to-business (B2B) commerce, has raised $5 million in its first round of funding led by Matrix Partners India. The fund-raising comes at a time when the size of series A cheques is shrinking after the highs of last year. Ola’s Co-…