Technology-enabled logistics start-up Loadshare has raised an undisclosed amount in its first round of funding from venture capital fund Matrix Partners India. Started in January of 2017, Loadshare has built a network focusing on small and medium players by helping them with technology and operat…
Tag: Vikram Vaidyanathan
Online marketplace for SME commerce OfBusiness raises another Rs 75 cr
OfBusiness, an online marketplace for Small-and-Medium (SME) commerce, has raised Rs 75 crore in its series B round of funding led by Zodius Capital, a growth-stage tech fund which has backed companies like Big Basket, Pepperfry and Zivame. This is the second fund-raise for the year-old startup a…
Five star business credits raises Rs 114 crore from Morgan Stanley PE Asia
Five Star Business Credits, which provides loans to micro entrepreneurs, has raised fresh funding of Rs 114 crore from investment firm Morgan Stanley Private Equity Asia, which has now acquired a minority stake in the Chennai-based company. The Matrix Partners-backed venture, registered as a non-…
Investor queue gets longer outside micro loan startups
Startups helping college students and young adults get small loans, typically below Rs 1 lakh, are seeing early interest from investors as fin-tech, or financial technology, emerges as one of the hottest sectoral themes for this year. Finomena, a Bengaluru-based lending platform for students, rec…
OfBusiness racks up $5m series A round
OfBusiness, a three-month-old online marketplace for business-to-business (B2B) commerce, has raised $5 million in its first round of funding led by Matrix Partners India. The fund-raising comes at a time when the size of series A cheques is shrinking after the highs of last year. Ola’s Co-…