venture capital
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Franchise India Bureau Jul 27 2018 - 2 min readBombinate Technologies Pvt. Ltd, which runs vernacular knowledge-sharing platform Vokal, has raised $5 million (around Rs 34 crore at current exchange rates) in a Series A round of funding led by Chinese venture capital firm Shunwei Capital. Bengaluru-based Vokal said in a statement that early-stage VC fund 500 Startups had also come in as a ...
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Franchise India Bureau Jul 19 2018 - 2 min readBharat Innovation Fund has marked the first close of its $100-million venture fund that focuses on early-stage deep-tech investments, it said in a statement on Thursday. The fund, which is part of Indian Institute of Management (IIM) Ahmedabad’s incubator Centre for Innovation, Incubation and Entrepreneurship (CIIE), has received around 50% commitments from marquee institutional investors ...
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Franchise India Bureau Jul 19 2018 - 2 min readNandan Nilekani and Sanjeev Aggarwal-led investment firm Fundamentum Advisors and Eight Roads Ventures, the proprietary investment arm of Fidelity International, are in talks to lead a $40-50 million funding round in online pharma company PharmEasy. The latest round of funding, which is anticipated to close over the next two weeks, is likely to see the ...
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Franchise India Bureau Jul 13 2018 - 1 min readBike-sharing platform Mobycy is in talks to raise $3 million with Venture Catalysts, IDG Ventures and Orios Venture Partners, said the company’s chief executive Akash Gupta. Mobycy plans to use the funds to foray into e-bikes and e-scooters on its platform, claiming to be the first one in the country to do so. Founded in ...
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Franchise India Bureau Jul 12 2018 - 4 min readCompleting the largely existent care gap between hospitals and home, SuVitas Holistic Healthcare recently launched Bangalore’s first dedicated transition care facility in Domlur. In spite of having one of the fastest growing healthcare ecosystems of the country with improved tertiary care hospitals, Bangalore has been consistently falling short in providing quality follow up care for ...