Month: May 2019

Funding News Vertex Ventures, the venture capital arm of Singapore-based investment company Temasek Holdings, has made the first close of its fourth South-East Asia and India-focused fund, at $230 million. Read more on ET Tech Other NewsTechnology industry lobby groups and founders of startups h...

Funding News Dailyhunt, a platform which aggregates news and local language content, is looking to raise an additional $80-100 million from investors in a new funding round, two people familiar with the development said. Read more on ET Tech New York-based investment firm Falcon Edge Capital cou...

Funding News French hotelier Accor SA is in advanced discussions for an up to $40 million investment in Indian budget hospitality chain Treebo, people aware of the development said, in what could be the home-grown company’s first funding round since 2017. Read more on ET Tech Bollywood actor...

Funding News Edtech startup Classplus has raised $1.6 million in its pre-series A funding round led by Times Internet* and GREE Ventures. The round also saw participation from Japanese VC firm Spiral Ventures and existing investor Netherlands-based Rising Stars Fund. Read more on ET Tech Mumba...

Funding News TVS Motor Company has invested $3.85 Million in Bengaluru based-TagBox, a supply chain industrial internet of things (IIoT) and machine learning platform company as part of its Series A funding round. The round was entirely led by TVS Motor Company and its Singapore based Subsidiar...

Industry News India may be looking at sweetening the employee stock option (Esop) deal for startups. The Department for Promotion of Industry and Internal Trade (DPIIT) has begun discussions with the finance ministry on taxing shares granted by startups under their employee stock option plan on...

Industry News India has a new unicorn after BigBasket,  a startup that delivers groceries and perishables across the country, raised $150 million for its fight against rivals Walmart’s  Flipkart, Amazon and hyperlocal startups Swiggy and Dunzo. Read more on Tech Crunch Private equity (PE) a...

TiE Delhi NCR News An industry panel at a round table conducted by TIE Delhi-NCR concluded that online start-ups and businesses need to be incentivized in line with the goals of improving ease of doing business, and enhancing regulatory compliance. Read more on Digital Terminal   Funding News ...

Funding News   Fintech startup ftcash has raised Rs 50 crore in a Series A funding round led by global non-profit Accion and Dutch development bank FMO, with participation from existing investor IvyCap Ventures. Read more on ET Tech   Atomberg Technologies, maker of energy effici...

Funding News   Canadian billionaire Prem Watsa’s Fairfax Holdings plans to invest an additional Rs 200 crore into Digit Insurance, an online general insurance company that offers insurance products at reasonable rates by eliminating agent commissions. Read more on ET Tech   Celeb...