Titan Capital Closes Winners Fund at $40 Mn, Expands Investment in High-Growth Startups
Titan Capital, backed by Snapdeal co-founders Kunal Bahl and Rohit Bansal, has successfully closed its Winners Fund at Rs 333 crore (approximately $40 million). The fund, which had initially targeted Rs 200 crore, expanded through a green-shoe option to accommodate additional commitments, according to a press release by the firm. The capital raised will be […]
Automoto Secures Pre-Seed Funding at Rs 100 Cr Valuation to Launch First Experience Center
Automoto, a Mumbai-based vehicle ownership platform, has raised the first tranche of its extended pre-seed funding round, achieving a Rs 100 crore ($12 million) valuation. The round was led by Venture Bridge, with notable participation from angel investors and high-net-worth individuals (HNIs). The fresh capital will be used to fuel the launch of Automoto’s first […]
India Mobile Congress 2024 concludes to a grand success with over 1.75 lac participants attending Asia’s Largest Digital Technology Forum
New Delhi, 21st October 2024: The 8th Edition of India Mobile Congress (IMC) 2024, the largest telecom, media and technology forum in Asia, jointly organized by the Department of Telecommunications (DoT) and the Cellular Operators Association of India (COAI), concluded by achieving the largest participation ever with over 1.75 lac participants attending the 4-day forum. The event was inaugurated […]
Gemba Capital boosts Advisory Board with Yes Bank veteran Somak Ghosh
Gemba Capital, India’s leading Micro VC Fund has boosted its Advisory Board with the inclusion of Somak Ghosh, a Banking and Investment Management stalwart. Somak brings a total of 30+ years of experience across Corporate and Development Banking, Venture Capital/Private Equity, Infrastructure Finance and Corporate Strategy. Somak started his career in 1993 and spent a […]
Yu Secures Rs 55 Crore in Series B Funding to Boost Distribution and Expand Product Line
Yu, a fast-growing consumer food brand, has raised Rs 55 crore (approximately $6.5 million) in its Series B funding round, co-led by prominent investor Ashish Kacholia and the Asian Promoter Group. This round provided significant returns for some of the brand’s early seed-stage investors, who saw over 4x gains on their initial investments. The fresh […]
8i Ventures Exits M2P Fintech with a Stellar 12x Return After 4.5 Years
Venture capital firm 8i Ventures has successfully exited its investment in M2P Fintech, achieving an impressive 12x return after 4.5 years. This exit came as part of M2P Fintech’s recent $100 million fundraising round, which involved both primary and secondary investments. The firm’s initial investment of Rs 9.7 crore has now transformed into Rs 115.9 […]
Simplismart Secures $7 Million in Series A to Scale AI-Driven No-Code Machine Learning Platform
Bengaluru-based SaaS startup Simplismart has raised $7 million in a Series A funding round, led by Accel, with participation from Shastra VC, Titan Capital, and other prominent investors. This funding elevates the company’s valuation to approximately $35 million, according to insiders. The fresh capital will be directed towards expanding Simplismart’s research and development (R&D) efforts […]
Temasek’s Fullerton Set to Take Majority Control of Lendingkart
Lendingkart, a prominent digital lending platform serving small and medium enterprises (SMEs) in India, is set to become the majority shareholder of Fullerton Financial Holdings (FFH), a subsidiary of Singapore’s sovereign wealth fund, Temasek. Fullerton’s planned acquisition of a controlling stake marks a pivotal moment for Lendingkart, which has long been a key player in […]
India Mobile Congress 2024- Final Day- Policy makers & Industry leaders call for collaboration to accelerate digital transformation and innovation roadmap
New Delhi, 18th October 2024: The 8th Edition of Indian Mobile Congress (IMC) 2024, the largest telecom, media and technology forum in Asia, jointly organized by the Department of Telecommunications (DoT) and the Cellular Operators Association of India (COAI), entered the final day witnessing policy makers and industry leaders coming together to call for greater collaboration in […]
Aspire Startup Program Showcases over 900 Startups; Facilitates 500 Investor Meetings, 100+ Mentoring Sessions at IMC 2024
Propels Tech & Telecom Innovation across sectors such as 5G applications, AI, Deep Tech, Green Tech and Smart Mobility Witnesses launch of STPI LEAP AHEAD 2.0 program for mentorship and funding up to Rs 1 crore New Delhi, 19th October 2024 – The India Mobile Congress (IMC) 2024, Asia’s largest telecom, media and technology forum, being held at […]
