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Faasos plans to raise funds for overseas expansion

The company is in process of closing its latest round of equity financing, estimated at $35 million, which is likely to see existing backer, marquee venture firm Sequoia

October 19, 2018  |  comments ( 0 )  | 

Kolkata based CityLife to open 40-50 new stores

The company plans to raise funds by diluting minority stake to a private equity player.

October 06, 2018  |  comments ( 0 )  | 

Aavishkaar invests Rs 40 crore in logistics company GoBOLT

GoBOLT, incorporated in 2015, focuses on disinter mediation and increased vehicle utilization by leveraging technology.

October 06, 2018  |  comments ( 0 )  | 

Kalyan Jewellers aims Rs 25kcr turnover in 5 years

Kerala-based Jewellery retailer also plans to double its retail stores to 250 in India and abroad.

October 01, 2018  |  comments ( 0 )  | 

Paytm to seek local expertise in order to beat the competition

Paytm which has investments from Alibaba Group and SoftBank Group Corp among its investors, is transforming into a financial services start-up with forays in banking,

September 12, 2018  |  comments ( 0 )  | 

Paytm enables Visa credit card bill payments on its platform

The platform has also integrated BHIM UPI as a source of pulling funds for the customer to pay for credit card bill payments thereby adding an important use-case for

September 08, 2018  |  comments ( 0 )  | 

Chennai-based Chai Kings gets Rs 2 crore funds

With the vision to be the favourite chai place, Chai Kings is expanding rapidly in Chennai with the target of 100 stores in 5 years.

August 31, 2018  |  comments ( 0 )  | 

PC Jeweller reduce bank liabilities by 10% in Q1 FY19

The company also informed that it has reduced bank liabilities from internal accruals and better realisations from the inventory.

August 22, 2018  |  comments ( 0 )  | 

TR Capital, Steadview make second investment in Lenskart

The total transactions in Lenskart has reached to five, which also counts International Finance Corp (IFC), the private sector investment arm of the World Bank, and

August 06, 2018  |  comments ( 0 )  | 

Swiggy seeks investors attention to raise up to $500 mn Fund

Swiggy held talks with a host of new investors including SoftBank, growth equity firm General Atlantic and a couple of Chinese hedge funds for the new round.

August 03, 2018  |  comments ( 0 )  | 

Khazanah may invest in Pepe’s India arm

Khazanah joins The Carlyle Group, Advent International and General Atlantic to acquire a stake in Pepe Jeans.

July 24, 2018  |  comments ( 0 )  | 

Amazon pumped Rs 230 crore into India wallet

Amazon has invested an additional Rs 230 crore into its wallet Amazon Pay in India, as per filings with the Registrar of Companies (RoC) sourced from Paper.vc.

July 17, 2018  |  comments ( 0 )  | 

Singapore based CCube Angels Network Invests in Inner Being

Inner Being plans to use the funds raised in the current round for new product development, expansion in top tier citiesin India and few other countries, marketing

July 16, 2018  |  comments ( 0 )  | 

Kalyan Jewellers to invest Rs 1,000 to open 20 stores in FY19

The funds for this expansion will be raised through internal accruals, Kalyanaraman said, adding that all the stores are company-owned.

July 06, 2018  |  comments ( 0 )  | 

Walmart Foundation invests nearly US$2 mn in 'Farmer Market Readiness Program' in India

At a meeting in New Delhi, senior representatives from Walmart and the International Crops Research Institute for the Semi-Arid Tropic (ICRISAT) launched ICRISAT's

June 27, 2018  |  comments ( 0 )  |