venture capital
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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 May 02 2018 - 2 min readGurugram-based social gaming platform Cricnwin has raised an undisclosed seed amount from investors led by Chinese accelerator and venture fund ZDream Ventures. The company’s co-founders said that a group of angel investors had also participated in the round. These high net worth individuals include Ankush Nijhawan, co-founder of business-to-business ...
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Franchise India Bureau Apr 20 2018 - 2 min readThe Balancehero India Pvt. Ltd operated balance-checking app True Balance has raised $23 million (Rs 150 crore) in a Series B2 funding round from a group of investors. Line Ventures Corporation, the venture capital arm of mobile messaging firm WhatsApp’s Japanese rival Line Corp, as well as its South Korean affiliate ...
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Franchise India Bureau Apr 20 2018 - 2 min readThe KKR backed hospital chain, Radiant Life Care Pvt. Ltd. has joined the takeover battle for Fortis Healthcare Ltd after submitting a non-binding offer. Radiant plans to demerge Fortis’ hospital business and buy a 26% stake in the new entity, Fortis said in a stock-exchange filing. The demerger will exclude Fortis’ ...
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Franchise India Bureau Apr 19 2018 - 1 min readThe UK-based Liberty House is likely to bid for debt-laden ABG Shipyard Ltd for the third time after creditors invited fresh proposals. Liberty’s bid in the first round was rejected as the offer was below ABG Shipyard’s liquidation value of Rs 2,200 crore. In the second round, it failed to comply ...