The bitter truth about startups in India? Over 200 shut shop last year, a 50% increase over 2015. Seven out of 10 of these startups were founded in 2014 and had raised sizeable capital for their operations. However, despite funding, they failed. A startup founder was recently arrested over pendin…
Tag: Rohit Chokhani
Real estate start-up Azuro gets funding from Kae Capital, White Unicorn Ventures
Early-stage investment firm White Unicorn Ventures, Kae Capital and Mumbai Angels have invested an undisclosed amount in real estate management start-up Azuro. Azuro will use the funds to expand its operations across Mumbai, and invest further in building the technology. Mumbai-based Azuro, was f…
White Unicorn Ventures plans $20-million fund
White Unicorn Ventures plans to raise a $20-million fund to invest in earlystage startups and spend up to $5 million by the end of 2016, five times as much as it did last year. “We are looking at foreign partnerships for the $20-million fund,” said Rohit Chokhani, Principal Founder of…