Deepak Shahdadpuri-led investment firm DSG Consumer Partners (DSGCP) has made the first close of its second fund at $35 million. The consumer-focused investment firm was an early investor in online hotel aggregator OYO Rooms, mobile point-of-sale payment services provider MSwipe Technologies and …
Tag: Sequoia Capital
Integrated solutions with key features can scale up SMEs | Ambarish Gupta, Founder, Knowlarity
Over past few years Cloud Telephony has come a long way in India. Businesses of all shapes and sizes, especially startups and SMEs, are harvesting on cloud because it has much to offer – from cost efficiency to manageability. Cloud telephony service providers in India have understood well that on…
Sequoia Capital finds it great to make new investments in startups
Sequoia Capital India strikes a discordant but optimistic note when it says 2016 will be of a “wonderful vintage” and a great year to make new investments in startups. Armed with its largest India-focussed fund of $920 million (Rs6,100 crore), raised this year, Sequoia is scouting for…
B2C e-commerce players to focus on reducing ‘cash burn rate’
For consumer internet companies used to spending their way to market leadership or otherwise, conserving cash has now become a priority to extend their runways. In the new regime, startups are shunning previously popular buzz-phrases such as ‘growth over profit’ and ‘winner take…
Truecaller plans alliances with e-commerce giants
In an effort to tap on the start-up system in India and open a new revenue stream, phone number identification app Truecaller is planning to get into tie-ups with e-commerce giants such as Snapdeal, Flipkart and other online players which require phone number verification on their customers and o…
Faasos Raises Rs 200 Crore Funding
Pune-based food-tech startup, Faasos Food Service has raised Rs 200 crore from Russian internet-focused investment firm ru-Net. With the participation of existing investors including venture capital firms like Sequoia Capital and Lightbox Ventures, the online restaurant is now valued at Rs 870 cr…