Bengaluru based scooter rental startup Vogo Automotive has reportedly secured an undisclosed amount in a Seed funding round led by Murugappa Group. Formula One racer Karan Chandhok, A. V. Thomas Group, Thiagaraja Group and a clutch of other investors also participated in the round. In an off…
Tag: Murugappa group
Fintech start-up Perfios raises about Rs 40 cr from Bessemer VP
Fintech company Perfios Software Solutions has raised about Rs 40 crore in its series-A round from Bessemer Venture Partners. The Bengaluru-based firm, founded in 2009 by V R Govindarajan and Debasish Chakraborty, plans to use the funds for organic and inorganic expansion. “We will use the funds…
Industrybuying.com raises Rs 12 Cr venture debt from Trifecta capital
Delhi-based business-to-business e-commerce player industrybuying.com has raised Rs 12 crore from venture debt provider Trifecta Capital. Venture debt is an alternative form of finance often used by start-ups. “The investment would be used to finance working capital and drive growth in the enterp…