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investing in india

May 1, 2019

1. BookMyShow Makes Strategic Investment in Technology Solutions Provider AtomX

2. Routematic Gears up to Become a Prevalent EV Player in the Country; Raises $2.5M in Pre Series A

3. PhonePe crosses 2 billion transactions on the app

4. Wealth management firm Kuvera raises $4.5M in Series A round from Eight Roads

5. AI-centric edtech startup WhiteHat Jr has raised $1.3M in a seed funding round from Nexus Venture Partners and Omidyar Network India.

6. India’s Ministry of Electronics and Information Technology (MeitY) has reportedly asked Google and Apple to remove the Chinese video sharing application TikTok from their app stores.

Keyphrsases: Raising Funds in India, Doing Business in India, Investing in India, Make in India, Startups in India, Raising money in India, find investors in India, Funding Startups in India

April 29, 2019

1. Mumbai-based A&G Partners has launched an accelerator programme, called Agribator, in partnership with Noida-based EM3 Agri services, reports YourStory.

2. Hotstar has now become one of the largest vide platforms, with over 300 million monthly active user (MAU), in the world, according to chairman of Star and Disney India Uday Shankar.

3. IIT-D has decided to back startups and research scholars willing to start a business in deep technology, including artificial intelligence and machine learning to boost its research ecosystem.

4. IIFL Asset Management Ltd (IIFL AMC) has picked up a significant minority stake in analytics company Neewee Analytics Pvt. Ltd through IIFL India Private Equity Fund.

5. Medlife Clocks Run Rate of 1000 Cr in FY 2019 Amidst Steady Growth

6. YouTube has introduced two new features – Top News (highlights videos from authoritative news sources in search results) and Breaking News (highlights videos from authoritative news organizations about that vent directly on the YouTube homepage).

7. Spain's Hotelbeds and OYO Form Strategic Distribution Partnership

8. Bengaluru Car Service Firm Pitstop Reports 350% Growth In Revenue

9. CarDekho FY 19 Annual Revenue Soars Up by 62% to $53M

Keyphrsases: Raising Funds in India, Doing Business in India, Investing in India, Make in India, Startups in India, Raising money in India, find investors in India, Funding Startups in India

April 26, 2019

1. Flipkart cofounder Sachin Bansal is expected to pick up as much as 75% stake in Chaitanya Rural Intermediation Development Services which runs a microfinance institution, Chaitanya India Fin Credit (CIFCPL), reports ET. Bansal could take up the role of the company’s CEO once the transaction goes through.

2. PayU has announced the acquisition of Cupertino California based payments security and mobile payments technology company Wibmo for $ 70 million.

3. Vivo will invest more in India to bring its design and research and development (R&D) centres to support its ‘make in India’ strategy, having already announced Rs 4,000 crore investment

4. Angel tax free: 277 startups have got an all clear certificate from income tax department

5. Healthcare platform Curefit has launched an incubator that will invest $5 million to back emerging brands under its Eatfit business. The company plans to incubate 10 brands across snacks, beverages, spa food, supplements and meal replacement categories.

6. Reliance Jio has consolidated its portfolio of news and magazine apps under JioNews, which will be available as a mobile app and also as a website.

7. Online pharmacy Medlife has raised about $17 million in an equity financing round from founder Tushar Kumar’s family trust, Prasid Uno Family Trust, reports Inc42.

8. Consumer lending company Credy has raised an undisclosed amount in a pre-Series A round of funding. reports Inc42.

9. Online global travel community for travellers, Tripoto has raised $3.6 Mn (INR 25 Cr) in a fresh funding round from Orchid India, Hornbill Orchid India Fund, Chiratae Ventures, 3one4 Capital and Lasmer NV.

Keyphrsases: Raising Funds in India, Doing Business in India, Investing in India, Make in India, Startups in India, Raising money in India, find investors in India, Funding Startups in India

10. Ola stops ride-sharing facility between 11 PM to 6 AM in Bengaluru and Chennai

11. US-based retail-focused VC Silicon Road has launched an accelerator for foodtech and retail startups in Mysuru, Karnataka, in association with NUMA, an international innovation hub from France.

Keyphrsases: Raising Funds in India, Doing Business in India, Investing in India, Make in India, Startups in India, Raising money in India, find investors in India, Funding Startups in India

April 23, 2019

1. Kunal Shah’s financial technology platform Cred is in talks with China’s Hillhouse Capital and some of its existing investors to raise $100 million (Rs 692 crore), reports ET.

2. Health and fitness startup CureFit may raise $75 million funding led by Accel Growth and Chiratae Ventures. The deal, when completed, is expected to value the company at about $500 million, reports ET.

3. French ad firm Publicis Groupe agreed to buy digital marketing firm Epsilon from Alliance Data Systems for $4.4 billion in cash.

4. US private equity giant KKR Inc’s India arm is set to launch an India-dedicated Rs 5,000-crore credit fund.

5. Mukesh Ambani-owned Reliance Industries’ offline retail subsidiary Reliance Retail is reportedly looking to foray into B2B ecommerce, offering smartphones, televisions, garments, spices and soap to retailers.

6. Personal care and cosmetics brand Lotus Herbals is looking to divest 10-15 per cent stake to a private equity investor to fund acquisitions, reports ET.

7. Electricals company Anchor by Panasonic is eyeing three acquisitions and planning to build a new facility in Andhra Pradesh, reports ET.

 

April 21, 2019

1. Flipkart cofounder Sachin Bansal is expected to pick up as much as 75% stake in Chaitanya Rural Intermediation Development Services which runs a microfinance institution, Chaitanya India Fin Credit (CIFCPL), reports ET. Bansal could take up the role of the company’s CEO once the transaction goes through.

2. PayU has announced the acquisition of Cupertino California based payments security and mobile payments technology company Wibmo for $ 70 million.

3. Vivo will invest more in India to bring its design and research and development (R&D) centres to support its ‘make in India’ strategy, having already announced Rs 4,000 crore investment

4. Angel tax free: 277 startups have got an all clear certificate from income tax department

5. Healthcare platform Curefit has launched an incubator that will invest $5 million to back emerging brands under its Eatfit business. The company plans to incubate 10 brands across snacks, beverages, spa food, supplements and meal replacement categories.

6. Reliance Jio has consolidated its portfolio of news and magazine apps under JioNews, which will be available as a mobile app and also as a website.

7. Online pharmacy Medlife has raised about $17 million in an equity financing round from founder Tushar Kumar’s family trust, Prasid Uno Family Trust, reports Inc42.

8. Consumer lending company Credy has raised an undisclosed amount in a pre-Series A round of funding. reports Inc42.

9. Online global travel community for travellers, Tripoto has raised $3.6 Mn (INR 25 Cr) in a fresh funding round from Orchid India, Hornbill Orchid India Fund, Chiratae Ventures, 3one4 Capital and Lasmer NV.

10. Ola stops ride-sharing facility between 11 PM to 6 AM in Bengaluru and Chennai

11. US-based retail-focused VC Silicon Road has launched an accelerator for foodtech and retail startups in Mysuru, Karnataka, in association with NUMA, an international innovation hub from France.

Keyphrsases: Raising Funds in India, Doing Business in India, Investing in India, Make in India, Startups in India, Raising money in India, find investors in India, Funding Startups in India

March 12, 2019

1. Global fintech major PayU is in advanced discussions to invest $100-$150 million in Bengaluru-based Capital Float.

2. Ola May Invest About $4.2M In Carpooling Startup sRide

3. Curefit top executive Neeraj Aggarwal joins xto10x as cofounder

4. Fintech lending platform Ziploans has raised Rs 90 crore in its Series B funding led by venture capital firm, SAIF Partners.

5. Chennai-based travel-technology start-up Pickyourtrail has raised Rs 21 crore in a series A-round.

6. Travel tech firm Pickyourtrail raises Rs 21 crore in Series A funding

7. Tech giant Intel buys Hyderabad-based Ineda systems

8. Singapore-based social media platform BIGO Technology has announced an investment of over $100 million to expand its business in India in the next three years.

9. Infibeam Avenues will invest Rs 250 crore to enhance fintech play

10. Girnar Software-owned ecommerce platforms for buying and selling cars, CarDekho.com and Gaadi.com, have added offline and online retail auction model for selling pre-owned cars with the acquihire of a Delhi-based car marketplace, Carbiqi.

11. Vernacular news aggregation platform Dailyhunt is about to close $60 million round from Goldman Sachs venture capital arm Goldman Sachs Investment Partners.

12. Private equity firm General Atlantic (GA) is in talks to sell its entire 20% stake in data analytics company Mu Sigma, reports DealStreetAsia.

13. Cipla Ltd is acquiring an 11.71 per cent stake in health-tech startup Wellthy Therapeutics Pvt. Ltd for Rs 10.5 crore.

Keyphrases: Raising Funds in India, Doing Business in India, Investing in India, Make in India, Startups in India, Raising money in India, find investors in India

March 10, 2019

 1. China's Didi Chuxing has invested $100 million in OYO.

2. Ebix Inc has acquired an 80% stake in on-demand SaaS travel technology firm Zillious Solutions.

3. Nanotechnology startup Nanoclean Global Pvt Ltd has raised $600,000 in a pre-Series A round from LetsVenture, and others.

4. Daily tasks management app Dunzo has raised $3.1 million in a Series C round of funding from Blume Ventures and others.

5. Larsen & Toubro Infotech (LTI) has signed a definitive agreement to acquire NIELSEN+PARTNER (N+P) for $31.6 million.

6. Tech platform MoveInSync plans to debut its eponymous ride-hailing app in a pilot project in Bengaluru. Starting with about 500 cars.

7. Amazon and General Motors are in talks to invest in Rivian Automotive in a deal that would value the U.S. electric pickup truck manufacturer at between $1 billion and $2 billion.

8. Skechers, a US-based lifestyle and footwear brand, has bought Future Group’s 49 per cent stake in their joint venture for about Rs 580 crore.

9. Assisted e-commerce platform for small retailers ShopX has acquihired GabbarDeals, an omnichannel mobile phone retail brand.

10. Neo-banking fintech startup — Open — has raised $5 Mn Series A funding led by Beenext, Speedinvest and 3one4 Capital.

11. New Delhi-based Robotech Selected for Startup Grind 2019 Accelerate Program.

Keyphrases: Raising Funds in India, Doing Business in India, Investing in India, Make in India, Startups in India, Raising money in India, find investors in India

March 09, 2019

1. Ola has raised an additional Rs 112 crore from a bunch of US-based investors as part of its ongoing Series-J round which values the company at $5.7 billion.

2. Business messaging service Slack has confidentially applied with the U.S. Securities and Exchange Commission to list shares publicly.

3. Tesla has agreed to buy energy storage company Maxwell Technologies for $218 million in an all-stock deal.

4. Google has deleted 29 malicious "beauty camera" apps that were sharing pornographic content and forwarding users, particularly in India, to phishing websites to steal their information.

5. Ousted Flipkart founder Binny Bansal is now focused on xto10x Technologies, a startup he co-founded with former colleague Saikiran Krishnamurthy. It’s aimed at helping entrepreneurs navigate the often-tricky Indian startup scene.

6. TPG Growth will invest $30 million in Solara Active Pharma, a manufacturer of active pharmaceutical ingredients (API).

7. Rental and seller of refurbished home appliances and furniture, Guarented, has raised an undisclosed amount in its ongoing Pre-series A funding round from Mumbai Angels Network.

8. Germany-based automotive components manufacturer Schaeffler Group is reportedly planning set up a local electric vehicles engineering unit in India.

9. AI-driven logistics platform, fleetx.io, has raised Pre-Series A funding from India Quotient and LetsVenture’s Angel Fund, with participation from angel investors.

10. The Unified Payment Interface (UPI) registered 672 million transactions amounting to Rs 1,09,932.43 crores in Jan; and the government promoted BHIM processed 13.98 million transactions amounting to Rs 6,202.51.

11. Myntra launches clothing rental service called 'Myntra X Flyrobe' with Mumbai-based online fashion rental platform – Flyrobe in four cities – Delhi (NCR), Hyderabad, Mumbai, and Bengaluru.

12. The US-based brokerage firm Morgan Stanley has indicated that Walmart may exit Flipkart if the US retail giant does not see a long-term path to profitability.

13. Google's parent Alphabet logs $39.3B in revenue on Google ad business

14. A total of 15,632 startups have been recognized to date by the Department of Industrial Policy and Promotion (DIPP) since the launch of Startup India initiative in January 2016.

Keyphrases: Raising Funds in India, Doing Business in India, Investing in India, Make in India, Startups in India, Raising money in India, find investors in India

March 8, 2019

Electric vehicles is certainly the future from both commerce and pollution control perspective. Indian Government to spend US $1.4 Billion as subsidy on sales of electric and hybrid vehicles.. Read more

Keyword: Business Opportunities in India, Invest in India, Investment opportunities in India, doing business in India, India electric vehicles subsity, Government of India electric vehicles subsidy

 

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