Pune-based quick service restaurant chain and online food delivery company Faasos Food Services Pvt. Ltd. has raised Rs 41.4 crore ($6.3 million) from existing investors, filings with the Registrar of Companies (RoC) show. The investors who participated in this round included Ligthbox Ventures II…
Tag: Lightbox
Venture capital shift from growth to early-stage funding
There are early signs of an uptick in start-up funding but at the same time, venture capital (VC) funding is changing. It is moving from growth stage to early-stage; from consumer to enterprise (b2b), to those offering SAAS (software as a service) or artificial intelligence (AI). Several start-up…
Droom raises Rs 200 crore from a consortium of Japanese and Chinese investors
Online marketplace for used automobiles and auto services Droom has closed a Rs 200 crore funding round, a transaction that comes at a time when mid-to-late stage funding in India continues to be under severe stress. The Series B round of equity financing has been led by Singapore-based investor …