Funding News

Thirukumaran Nagarajan, chief executive and co-founder, Ninjacart

Amazon in Early Discussion to Infuse Funds in B2B Agritech Startup Ninjacart

B2B Fresh Produce Supply Chain Platform Ninjacart is receiving investment overtures from e-commerce giant Amazon, according to Economic Times (ET). The investment talks are still claimed to be in very initial stage and may take well over a month before the discussion enters the final stage. Amazon in talks with NinjaCart for fund infusion Sources told ET…

ByGirish ShettiJune 17, 20190Comments

Funding News

Facebook bets on Social Commerce Startup Meesho

Social commerce startup Meesho has achieved a funding milestone that may become its strong USP for future. No, it hasn’t become the latest entrant in the rapidly expanding galaxy of unicorns. Its latest achievement makes for far more interesting reading than mundane news of yet another Indian startup earning the unicorn crown. Meesho has become…

ByGirish ShettiJune 14, 20190Comments

Funding News

Canadian Pension Fund CPPIB set to Invest $150 million in Delhivery

Canada Pension Plan Investment Board (CPPIB) is all set to invest $150-million (Rs 1,040-crore) in the Gurgaon-based logistic firm Delhivery, according to report published in Economic Times (ET). The investment will take place through secondary market investment that will pave way for existing investor Multiples Alternate Asset to dilute its stake. ET report also claims…

ByGirish ShettiJune 13, 20190Comments

Funding News

Oyo Plans Fresh funding at Eye-Popping $10 Bn Valuation: Report

Budget hotel major Oyo Hotels & Homes has initiated talks with several investors to raise nearly $1 Bn, according to report published in economic time (ET). ET report claims that the talks are still in initial stage and may gather pace in the next quarter. Quoting an unidentified source, report added that the Gurugram headquartered…

ByGirish ShettiJune 11, 20190Comments

Funding News

Twitter in Talks to Lead $100 Mn Funding Round in ShareChat: Report

Microblogging giant Twitter is in talks to lead $100 Mn fresh funding round in multi-linguistic social networking app ShareChat, according to people familiar with the matter. Hong Kong based investment firm Hillhouse Capital is also reportedly in talks to participate in the funding round. Media reports claim that microblogging giant Twitter may pump more than $50…

ByGirish ShettiJune 7, 20190Comments

Funding News

SoftBank may Soon Serve Fresh Funding on Swiggy’s funding plate

SoftBank’s long drawn predicament over whether to choose Swiggy or Zomato to mark its first investment in India’s foodtech sector seems to have been finally resolved. If media reports are to be believed then Japanese telecom giant’s investment appetite are increasingly tilting towards to Swiggy, which leaves Zomato pretty much in lurch. SoftBank may pump $300-500…

ByGirish ShettiJune 5, 20190Comments

Funding News

Milkbasket Receives $10.5 Mn from Existing Investors in Fresh Funding

Micro delivery startup Milkbasket is apparently having a good run on the fundraising front. After barely two months ago Milkbasket raised Rs 20 crore debt from Sachin Bansal’s investment firm BACQ, now it has announced fresh capital infusion of $10.5 million from existing investors - Unilever, Mayfield Partners, Kalaari Capital, Blume Ventures and several Indian…

ByGirish ShettiJune 4, 20190Comments

Funding News

WeWork Planning to raise $2.75 billion ahead of its IPO

After the Uber IPO turned out to be a huge dude, the market seems to be little excited about WeWork’s forthcoming IPO. But Wall Street’s subdued optimism isn’t stopping the world’s largest co-working company from arranging $2.75 billion credit line from well-known banks, according to a report published in Bloomberg. WeWork in talks for $2.75 billion…

ByGirish ShettiMay 30, 20190Comments

Funding News

Paytm may Spearhead $15 Mn Round in B2B foodtech startup HungerBox

India’s largest digital payment company Paytm is all set to lead $15 million funding round in B2B foodtech startup HungerBox, according to report published in Economic Times. HungerBox’s existing investors are also likely to participate in the funding round, the report further claimed. (L to R): Sandipan Mitra (CEO) & Uttam Kumar (COO), co-founders of HungerBox The…

ByGirish ShettiMay 28, 20190Comments

Funding News

Lenskart Eyeing Unicorn tag with $350 Mn SoftBank Investment

It seems that there is no stopping SoftBank’s love affair with the Indian startup world. Eyewear omnichannel startup Lenskart is now most likely to become the latest beneficiary of SoftBank’s investment overtures. According to Economic Times (ET), Japanese tech investor is in talks to invest $350 million in Lenskart at an eye-popping valuation of $1.3…

ByGirish ShettiMay 27, 20190Comments

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