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Debjyoti Roy

Omidyar Network bets on digital lending startup Shubh Loans

TMT

03 October, 2019

Omidyar Network bets on digital lending startup Shubh Loans

Digital lending platform Shubh Loans has raised Rs 34 crore ($4.7 million) in a new round led by Omidyar Network, ......

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Two-wheeler maker Hero Electric ropes in foreign investor

Manufacturing

01 October, 2019

Two-wheeler maker Hero Electric ropes in foreign investor

Hero Electric Vehicles Pvt. Ltd has raised fresh capital in a round led by a Europe-based private equity firm, a ......

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PE-backed Sapphire Foods takes full control of Pizza Hut franchisee

Consumer

30 September, 2019

PE-backed Sapphire Foods takes full control of Pizza Hut franchisee

Sapphire Foods India Pvt. Ltd has acquired the stake it didn’t already own in a franchisee of Pizza Hut and ......

Fintech startup FinancePeer raises angel funding

TMT

27 September, 2019

Fintech startup FinancePeer raises angel funding

FinancePeer, an artificial intelligence-based school fee financing model, has raised Rs 5 crore ($706,000) in an angel funding round from a ......

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How mattress e-tailer Wakefit's founders tasted success after three failures

Consumer

27 September, 2019

How mattress e-tailer Wakefit's founders tasted success after three failures

It isn’t usually easy for entrepreneurs to get investors to back their business ideas. It’s even harder if the entrepreneurs ......

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Why VC-backed meat and fish e-tailer Licious is going offline

Consumer

27 September, 2019

Why VC-backed meat and fish e-tailer Licious is going offline

Online meat and fish ordering platform Licious, operated by Delightful Gourmet Pvt. Ltd, raised $50 million in its Series C ......

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Tiger Global-backed Chaayos refills its cuppa, gets a valuation bump

Consumer

25 September, 2019

Tiger Global-backed Chaayos refills its cuppa, gets a valuation bump

Sunshine Teahouse Pvt. Ltd, which runs tea café chain Chaayos, has raised fresh capital at a higher valuation, a person ......

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Norwest Venture signs single-biggest Indian startup cheque for fintech firm

Finance

24 September, 2019

Norwest Venture signs single-biggest Indian startup cheque for fintech firm

Multi-stage investment firm Norwest Venture Partners has written its single-biggest cheque to an Indian startup, backing an Indian fintech company ......

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Education firm Smart Institute dials German, Silicon Valley investors

Consumer

19 September, 2019

Education firm Smart Institute dials German, Silicon Valley investors

Smart Institute, which primarily offers management and mass communication courses, is in discussions with education-focused investors based out of Germany ......

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Chiratae-backed startup Mpaani to raise funding from strategic investor

TMT

19 September, 2019

Chiratae-backed startup Mpaani to raise funding from strategic investor

Mpaani Solutions Pvt. Ltd, which offers a loyalty and marketing platform where local retailers can set up an online storefront, ......