Uber’s Former Boss Travis Kalanick makes his First Investment in India

Uber’s Co-founder and former CEO Travis Kalanick has made his first ever investment in India’s startup ecosystem. Kalanick’s real estate company City Storage Systems (CSS) was among the several investors in Rebel Food’s recent fundraising of $125 Mn, according to Bloomberg. Travis Kalanick of Uber at LeWeb Paris 2013...Image Source: Adam Tinworth, Flickr This fundraising round had…

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Online Stock Market platform Upstox secures $25 Mn Capital Infusion from Tiger Global

Economic slowdown may be currently taking toll on the Indian stock market but this hasn’t stopped the PE major Tiger Global from investing in the online stock broking startup Upstox. The global hedge fund giant has invested $25 Mn in the Mumbai headquartered startup, which last raised funds in 2016. Images Source: Lorenzo Cafaro, Pixabay Ravi Kumar,…

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French Music Startup Believe Acquires Mumbai based Entco for Undisclosed Amount

Believe Digital, a Paris based leading technology and artist services company, on Monday acquired Entco - an Indian live music production company. Believe did not disclose the financial details of the acquisition deal. Following the acquisition deal, Entco will be rebranded as ‘Believe Entertainment’ and will be based in Mumbai, where it will closely align with…

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Risers-Accelerator

Risers Accelerator Invests Undisclosed amount in Children’s Furniture company ‘Sprout kids’

Startup accelerator Risers Accelerator has invested undisclosed amount in in Sprout Kids, a company that specializes in designing and manufacturing children furniture. Following the funding round, Risers Accelerator has picked up 20% stake in the company at a market valuation of Rs 2.5 crore. Delhi based startup accelerator ‘Risers Accelerator’ invests in Children’s Furniture company ‘Sprout…

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