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Uni gets $18.5 million from Lightspeed, Accel Partners
The large seed round marks the latest example of a second- or third-time entrepreneur raising substantial capital while still in stealth mode.
Stanza Living acquires Delhi-based student housing provider YourShell
The company with 18 properties, was operationally profitable across the...
Early-stage investors setting up buildup funds to stay invested in key startups
Investors look to stay invested and earn big from potential w...
Hotelogix, AxisRooms, RepUp merge to offer full-stack solution for hotels
Accel Partners, Vertex Ventures, Saama Capital and Seedfund amongst others are existing investors of the companies and are backing this merger.
ET Startup Awards 2020: Samunnati reaps rewards for tackling big challenges
Scale and complexity of challenges in agri-finance that firm attempts to tackle clinched them the award.
Orios Venture Partners graduates its third Misfits cohort
The six-month programme, which typically admits between 8-10 startups, and operates twice a year, has, till date, overseen more than 20 startups graduate, since launching in 2018.
Amazon enters insurance distribution business, ties up with Acko to sell motor cover
Amazon's entry as a corporate agent is in line with its plan to become a full-fledged financial services platform. Amazon Pay currently offers UPI, wallet and co-branded credit card services to users.
Mumbai-based SaaS startup BrowserStack acquires Bay Area company, Percy
The acquisition, the company said, would move it closer to its “vision of becoming the testing infrastructure of the internet.”
From Unicorn India Ventures to GrowX Ventures, Micro VCs fight for relevance as bigger funds dig in
A number of micro VC fund managers admit that the emergence of marquee VC-backed programmes over the last two years have made the startup landscape trickier to navigate, which has therefore seen them adopt niche investment strategies, and also to scout for opportunities outside the metros.
Investors steer clear of young startups with Chinese capital
Startups, with high exposure to Chinese capital, are looking at ways to reduce it as exposure becomes a deal-breaker for many new and existing investors.
LetsVenture launches platform for HNIs, family offices to invest in startups
LetsVenture Plus, the invite-only platform, is currently in stealth mode but is expected to be formally announced later this week, already has about 500 users.
BITS Pilani’s Accelerator launches 16th edition; to help 1,000 early-stage startups
The top 10 ideas from across the country would undergo a 10-day mentorship program in Bangalore with investment workshops by firms like Accel Partners and Blume Ventures.
Angel funds need approval from all before investing
The clarification from the markets regulator, in effect, bans ‘blind pooling of capital’ — a practice undertaken by angel funds and their managers in a bid to close a large number of investment deals.
VCs and startup CEOs join hands to launch Covid-19-focussed Grant
The Action Covid Team Grants, which is possibly a first-of-its-kind initiative globally, has already received about 40% of its target corpus.
Curefit scoops up Rs 832 crore in fresh round led by Temasek
The new financing round has also seen the entry of two new investors into the company’s investor cap table, GableHorn Investments and Ascent Capital.