fund raised
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Franchise India Bureau May 02 2018 - 1 min readB2B marketplace for packaging materials, Bizongo has raised $22 million (Rs 146.7 crore) in a Series B round of funding from B Capital and International Finance Corporation (IFC) as well as existing investors Accel Partners and IDG Ventures. B Capital is the venture capital firm floated by Facebook co-founder Eduardo Saverin ...
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Franchise India Bureau Apr 30 2018 - 2 min readIn a round led by Bay Capital Investments, Mumbai-based online broker firm Samco Securities has raised $7.5 million (Rs 49 crore) in a Series B, the firm said. The round was also attended by promoters, undisclosed existing backers, and high-net-worth individuals whom the startup did not identify. The firm, which runs ...
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Franchise India Bureau Apr 30 2018 - 2 min readThe online lending firm, Rubique Technologies has secured fresh funding in a round led by Japan’s Recruit Group and Russian venture capital management company Emery Capital, the company said. The funding round was also participated by Blacksoil and existing investor Kalaari Capital. While the company did not disclose the funding size, ...
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Franchise India Bureau Apr 27 2018 - 2 min readWhat's Up Life (WUL), a unit of Redefining Hospitality Pvt. Ltd. has recently been funded by author Karan Puri and Praveen Puri of Skyline Education Group whose parent company is owned by Kamal Puri of Skyline Group based in UAE. They've invested the amount as seed funding and plan to invest ...
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Franchise India Bureau Apr 26 2018 - 1 min readJapan’s SoftBank and China’s Alibaba have jointly invested $110 million into the homegrown leading online marketplace, Paytm according to the company’s latest filings with the Ministry of Corporate Affairs (MCA). This infusion fills up Paytm’s coffers with a total of $220 million and increases SoftBank’s stake to 11.99% while bringing down ...