Hans Tung says while early-stage VCs are highly competitive, there is not as much late-stage money in Indian startup scene.
Formerly known as IDG Ventures India, Chiratae will continue to do Series A to late-stage investments across the technology sector through its fund.
Companies aim to expand distribution, tap 18-24 age group of Flipkart, Amazon customers.
Spending on online shopping sites is down by a fifth in first half of 2019, says Kantar report.
OkCredit lets small business owners and their customers record credit and payment transactions digitally.
NEW FACES: A diverse set of investors, ranging from PE cos to family offices, enter the game.
Customers, influencers and vendors take to social media to protest against unpaid dues.
Bike sharing startup Vogo in talks with Goldman Sachs for $50 million; Bounce gets commitment of $75 million
While Vogo is in talks to raise $50m from Goldman Sachs, rival Bounce is eyeing $75 million.
The investment comes roughly six months after the startup closed a $1.8 million funding round from Venture Highway and SAIF Partners.
The move will give customers an option to pick Rides or Eats with equal visibility — a prominent way to direct a rides customer to order food.
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