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Funding Startups in India - An update, March 03
Updated Mar 03, 2019 10:45 am
March 03, 2019
Zomato is reported to be in talks with Berlin-based food tech major Delivery Hero to sell them its United Arab Emirates (UAE) business for about $200-250 million.
2. Uber is launching UberBOAT in Mumbai and also expanding into waterways.
3. Blockchain-based unsecured personal loan marketplace StreamSource has raised $1 million seed fund from Accel India.
4. Swiggy is piloting hyperlocal grocery delivery services through a separate app Swiggy Dash, to launch in Gurugram.
5. Saama Capital leads $1.3 million seed round in insurtech startup Kruzr
6. Lending startup MoneyOnClick has raised $2.15 million in a seed funding led by venture capital firms Orios Venture Partners, Kalaari Capital, and 3one4 Capital.
7. Blockchain startup InfiniChains raised $2.4 million in its Series A funding round from Ajanta Pharma founder Purushottam Agrawal.
8. Sachin Bansal has now invested $7 million in his new venture BAC Acquisitions.
9. India Life Sciences Fund, a healthcare and pharmaceuticals-focused private equity fund advised by InvAscent, has raised $250 million for its third growth capital fund.
10. Veterinary pharmaceuticals company Ashish Life Science has raised Rs 45 crore in a round led by Eight Roads Ventures.
11. Bengaluru-based ApEnter Mechatronics has raised Rs 10 crore in a Series A funding round led by Inventus India and KITVEN.
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
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