foreign investors
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Franchise India Bureau Mar 29 2018 - 2 min readInvestment firm Venture Highway, which is advised by WhatsApp business head Neeraj Arora, is on the road to raising a $50-60 million venture fund, said three persons familiar with the matter. The Delhi-based company has so far backed over half a dozen entities, including vernacular social network Sharechat and reseller network ...
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Franchise India Bureau Mar 28 2018 - 1 min readBangalore-based fintech startup, SmartCoin has raised $2 million in pre-Series A funding from Chinese VC fund and Accion Venture Lab. Unicorn India Ventures and ISME ACE participated in the round. The company lends to small to mid-sized ticket loans to mobile users after building a SmartCoin credit score, which ...
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Franchise India Bureau Mar 23 2018 - 2 min readPrivate equity and sovereign funds are vying to buy a controlling stake in the Indian arm of Pepe Jeans, people aware of the matter said Five global funds including KKR, Carlyle, General Atlantic and Malaysia’s sovereign fund Khazanah have submitted non-binding offers for the company and are conducting due diligence. The ...
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Franchise India Bureau Mar 14 2018 - 1 min readLed by WaterBridge Ventures Network and participated by Impact investment firm Omidyar, Gurgaon-based ed-tech startup Doubtnut has secured a pre-Series A round amounting to Rs.3.5 crore ($539,000). A statement issued by the company said, the company will use the capital to expand its platform, add more subjects, support more regional languages and accelerate the development ...
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Franchise India Bureau Mar 14 2018 - 1 min readMumbai-based ed-tech startup Callido Learning LLP has bagged USD $2 million (Rs.13 crore) from a UK-based publisher said a source without revealing the name of investor. The company will utilize the funds to boost overseas expansion and new market ventures said the source. Founded in August 2015 by Sriram ...