Qualcomm Ventures, the venture investment arm of US-based chip maker Qualcomm Inc which has a USD 150 million India-focused fund, expects 2017 to be a better year for the startup ecosystem, especially early stage companies. “2016 was the hardest year, and that is behind us. 2017 will be a better …
Tag: Portea
Venture debt comes of age in India, at long last
In 2008, InnoVen Capital provided the first-ever venture debt of about ₹5 crore to Sequoia-backed Prizm Payments (now Hitachi Payment Services), and ever since, its popularity has been on the rise. Venture debt is slowly coming of age in India, with the country dispersing more than $40 million (₹…
Healthcare startup Portea is ‘Activ’ in wellness space now
Home healthcare startup Portea Medical has expanded into the wellness segment with its new offering Portea Activ, an end-to-end health and fitness program, which is expected to become a major business segment for the company. The program was launched 15 days ago and is currently being offered thr…