Bengaluru based insurance startup Digit Insurance raises $44 Mn from Fairfax

Digit Insurance raises $44 Mn from Fairfax. Insurance startup Digit Insurance has secured $44 Mn (INR 302.6 Cr) from existing investor Fairfax Holdings. This is a second funding round for the Bengaluru headquartered startup. FairFax has also invested $1 Mn in Digit’s parent company Digit Infoworks, taking the total fundraising amount to $45 Mn. Following the latest…

ByGirish ShettiJuly 25, 20180Comments

Funding News News

Weekly Funding Roundup: Bookmyshow seals one of the biggest Funding rounds in recent times

This week Bookmyshow and Unacademy raised the biggest funding rounds. This week turned out to be pretty decent one on the funding front, with quite a few big names like Bookmyshow and Unacademy getting a much needed funding boost. And there were, of course, several small and promising startups that managed to win investor’s confidence. Here…

ByGirish ShettiJuly 21, 20180Comments

News

Edutech startup Unacademy secures $21-million in Series C Round

Edutech startup Unacademy raises $21-million in Series C funding. Edutech startup Unacademy has successfully raised $21-million in Series C funding round from Sequoia India, SAIF Partners and Nexus Venture Partners. The fundraising also saw participation from existing investor Blume Ventures. Following the latest round, Unacademy’s total fundraising amount has raised to $38.6 million. Unacademy plans to use…

ByGirish ShettiJuly 17, 20180Comments

Funding News News

Weekly funding roundup: IndiaLends, Headout, Shop101 & others raised $32 Mn

This week 15 startups raised nearly $32 Mn. Big funding rounds continued to elude the Indian startup ecosystem this week that saw at least 15 startups raising nearly $32 Mn. The biggest funding round this week was worth only $10 Mn. While funding drought continues to plague the ecosystem, the only silver-lining during these tough times…

ByGirish ShettiJuly 14, 20180Comments

News

Online Loan Marketplace IndiaLends raises $10 Mn in Series B round

IndiaLends raises $10 million in series B round. Fintech industry seems to have become the new darling of investors as this new age sector continues to attract big moolah from the investment community. The latest Fintech startup to receive blessing from investors is IndiaLends. The Delhi headquartered startup secured $10 million (nearly Rs 69 crore) in…

ByGirish ShettiJuly 9, 20180Comments

Funding News News

Weekly Funding Roundup: Swiggy, IndiQube, Wonderchef, Cashify & others raised funds

This week 13 promising startup secured funds. This week total 13 promising startups managed to secure funds from investors as funds keep coming by despite the ongoing funding crunch in the Indian startup ecosystem. Once again startups hailed from diverse sectors like online food delivery, Fintech, co-working space, healthcare among others. Here is a look down…

ByGirish ShettiJune 23, 20180Comments

Finance

What is venture debt & how does it differ from Equity funding?

venture debt is basically a debt instrument. Venture debt, also known as venture funding, is a capital raising instrument used mostly by early and growth stage startups. Although venture debt is still not as popular as equity funding, over the years it has come of an age after gaining acceptance among investors as well as startup…

ByGirish ShettiJune 20, 20180Comments

Funding News News

Weekly Funding Roundup: Aye Finance, Network Intelligence, Daily Ninja & others raised funds

This week 14-15 startups managed to raise funds. This week the Indian startup ecosystem once again witnessed decent funding activity as 14-15 promising startups managed to secure a pay cheque from investors. The startups hailed from diverse sectors like fintech, microdelivery, online home furnishing, healthcare and other. Here is a look down on some of the…

ByGirish ShettiJune 16, 20180Comments

Funding News News

Weekly funding roundup: These 14 lucky startups got blessings from investors

This week total 14 startups secured funds from investors. Owing to ongoing funding drought in the Indian startup ecosystem, nowadays startups find it relatively difficult to raise funds from investors. However, even in these difficult times several startups still manage to work their charm over investors as they are able to secure that much needed pay…

ByGirish ShettiMay 26, 20180Comments

News

Chinese Smartphone maker Xiaomi May invest in Fintech startup Zest-Money: Report

Xiaomi is in discussion to pick up stake in Fintech startup ‘Zest-Money. Popular Chinese smartphone brand Xiaomi is in discussion to pick up stake in yet another Fintech startup ‘Zest-Money,’ according to people familiar with the matter. Xiaomi will reportedly be part of the fundraising exercise that aims to raise $20 million for Zest-Money. Existing investor…

ByGirish ShettiApril 9, 20180Comments

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