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Govt to be 20% limited partner in an equity fund for startups

A new equity fund for start-ups set up by the govt would provide additional capital support to entrepreneurs. The govt would also be a 20% limited partner in the equity fund.  Furthermore, Minister of State of Electronics and IT Rajeev Chandrasekhar said private fund managers would manage the corpus. Govt creates equity fund for start-ups  […]

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Fractal Becomes the second Unicorn after TPG investment

Fractal becomes the second unicorn after TPG invests $360 million in the company. Fractal and TPG have signed a definitive investment agreement. The Fractal investment has raised its value to $1 billion, making it the second unicorn.  How did Fractal become the second unicorn after the TPG investment? In 2007 Fractal faced a significant setback […]

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Top Key Elements to Increasing Your Fundraising Revenue

Raising funds for any purpose has taken a major hit over the last two years. With the coronavirus pandemic, many eyes have been forced to look inward, and as a result, levels of donations and backing will have gone into a downward spiral. With that in mind, here are some tactics that could be used […]

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Nine innovations from science experimentation to school leadership incubated at InnovatED 2021

Mumbai, 21st September 2021: InnovatED, the nine-month incubator from Teach For India for supporting entrepreneurs looking to build impactful organizations has announced its Cohort for 2021. Teach For India’s Alumni early-stage education entrepreneurs looking to take their innovations from the promising impactful stage to a sustainable organizational stage. The incubator program provides a host of […]

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CollegeDekho raises USD 26.5 Million in series B funding round

Mumbai, September 8, 2021 – CollegeDekho, India’s largest college admissions and education services platform has raised USD $26.5 million (~INR 200 Crores) in an ongoing (and oversubscribed) series B funding round led by Winter Capital Partners, ETS Strategic Capital – the private equity investments arm of ETS (creator of the TOEFL® and GRE® tests), Calega […]

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PROSUS AGREES ACQUISITION OF BILLDESK BY PAYU FOR US$4.7bn

Acquisition of BillDesk will see PayU India become one of the leading online payment providers globally, handling a total payment volume (TPV) of US$147 billion Deal will bring Prosus’s cumulative investment in Indian tech to more than US$10bn Prosus CEO: “Payments and fintech is a core segment for Prosus, and India remains our number one […]

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MeitY Startup Hub collaborate with Paytm to support deep-tech start-ups

In order to provide a boost to the fast-growingstartup ecosystem in India and to promote technology innovation as well as sustainable growth of the industries for the Electronics and Information Technology sector in India, the MeitY Startup Hub (MSH), an initiative of the Ministry of Electronics & IT (MeitY), has entered into a Memorandum of […]

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Lumiq raises $2M in a seed round led by Info Edge Ventures

Lumiq, India’s leading data and analytics company that powers data-driven decision-making for financial enterprises has raised $2 Million seed round funding led by Info Edge Ventures. The round also saw participation from Redstart Labsand angel investor Parampreet Bhasin. Lumiq plans to utilize the funds in the company’s sales growth, enhancing product offerings as well as […]

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10 Tips for Leveraging Finance at a Startup

What are the Benefits of Leveraging Finance at a Startup? Traditionally, finance has been criticized for not being needed in a startup until the company considers going public. There is a problem with this wisdom. If done right, finance can be both strategic and operational, enhancing a startup’s already rocketship performance. These are just a […]

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This technology-first cab branding startup, receives investor backing despite COVID-19 blues

Mumbai-based AdTech startup Wrap2Earn Technologies has announced the conclusion of its recent funding round to support its ambitious expansion plans. Founded in 2017 by Elmer Dsilva & Manuel Fernandes, Wrap2Earn is a street-level “moving billboard” media platform which connects advertisers with cab drivers to create cost-effective and high-impact, on-vehicle advertising campaigns. Since its inception, the […]

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