Kalyan Jewellers, which is often described as India’s biggest jewellery store chain, is once again in an expansion mode as it plans to invest over Rs. 500 crores in 2017 in an effort to increase its network not onlyin India but across the globe to add to its existing global footprint. The group, owned by the Kalyan Group, will open …

Online real estate platform and rental provider NoBroker has raised another $7 million, or Rs 50 crores through investments byKTB Network and existing investors- SAIF Partners,BEENEXT&Digital Garage. KTB is the venture capital arm of the South Korean major KTB Network. Early this year, KTB had expressed interest in investing in Indian growth stage start-ups and now it seems to have …

Delhi-based SlideApp, which helps public to have mobile screen locks, raises as much as 3.6 million USD in its Series A round of funding led by Songhyun Investment. The South Korea-based Venture Capital firm invested in relation to having the users award with appropriate reading content mainly in Android phones. The Seed funding round by the same application based firm …

US- based smartphones game changer Apple Inc. has invested in China’s largest wind turbine makers in a move to strengthen its relationships as well as marking the tech giant’s largest clean energy project till date. Pushing the business expansion a bit more, the American company’s investment in wind turbine manufacturing unit will further help in reachability of iPhone in rural …

In one of the fundraising events, Suzuki Motor Corporation is all set to invest in the second vehicle production line in Gujarat which is most likely to be a new plant. Even before the production works, the investment got confirmed on Friday from the Japanese conglomerate which is more or less settling down to 100 billion Yen. The production may …

Kolkata-based insurance broking firm Ideal Insurance raised an undisclosed amount of funds through the help of Xelpmoc for its upcoming online insurance platform portal 121Policy.com. The investing firm Xelpmoc is run by former Chief Technical Officer of Just Dial, Sandipan Chattopadhyay. In the recently held fundraising event, Ideal Insurance will further boost it to launch its online portal by end …

Pune-based logistics startup ElasticRun who has been doing stealth business all these years raised funds worth 2 million USD through the help of its existing Venture Capitalists KalaariCapitals and Norwest Venture Partners. The two Venture Capitalists invested 1 million USD each in the firm thus moving ahead with the joining of Raju Rajesh from Kalaari Investments to join as Board …

Jaipur-based business to business online platforms Wholesalebox raised as much as 2 million USD i.e. Rs. 13 crores in a Pre-Series A round funding through the help of angel as well as institutional investors. Apart from the existing and new angel investors, Contrarian Vridhi Fund and Manish Maheshwari, CEO of Network 18 Digital were among the investors who participated in …

Online grocery major Bigbasket is said to be on the lookout to raise another round of funding of $150 million sometime after March next year. Sources indicate that this might be the last round of fund-raising before the company considers an IPO (Initial Public Offer). It must be noted here that the online major raised $150 million in the current …

In one of the recent fundraising event, Foodtech startup named Tpot which comes with a specialisation in the ‘Chai-Nashta’ segment has raised an undisclosed amount of funds through the help of Pre-series A round funding. The Delhi-based firm will use the funds in expanding the business in further more areas as it already has 6 to 7 outlets in the …

Mumbai-based personal device management platform Servifyraised an undisclosed amount of funds in a Pre-Series A round through the help of the existing investors Blume Ventures, Beenext, and others. Focusing mainly towards gadgets, consumer electronic goods, home appliances and so on, Servify helps its users to seek a post-purchase services for their respective devices or electronic goods. In the recent fundraising …

In one of the recent fundraising event, online pharmaceutical and lab aggregator firm Aermed raised an undisclosed amount through Angel funding. Series A funding was led by Hitesh Windlass, CEO of Windlass Healthcare with a focus to use the funds for chronic patients. The seed funding included other investors such as private equity firm from Boston, a global investment bank …

Real estate property consultancy aggregator JLL India launched a new independent vertical so as to make strategic investments in the startup firms which are aggressively developing technology solutions for such similar sectors. The investment through the new vertical would lead to a better potentiality in real estate business henceforth backed by workable technology, innovative thinking, and sound engineering. The following …

The country’s own car-hailing giants Ola Inc finally settled down with a fundraising of worth Rs. 2000 crores from its prime existing investor SoftBank Corporation. The Japanese telecom and internet major’s inside source made an announcement in which a fresh series of funding will be aggregated. The deal got finalised in presence of ANI Technologies Pvt. Ltd., which is the …

Wipro Chairman Azim Premji’s family office PremjiInvest is all set to invest Rs. 200 crores in the eyewear portal Lenskart of which limited portion will be sold by IDG Ventures India thus making a handsome amount of return through the deal. The respective deal got signed in Premji’s personal office in Delhi. The entity through which the investment was made …

In the recent event of fundraising, an education-basede-commerce online store Fastudent raised an undisclosed amount from one of its Pre-SeriesA funding, here on Thursday in Bengaluru. The web portal focuses on selling almost everything from textbooks to stationery such as course, reading books, notebooks, copies, and other daily usage materials. The fund was raised through the help of various investors …

Online food ordering and delivery platform Swiggy raised a pretty good amount of funding of 16 million USD in its 4th strategic round of Series D funding through the help of existing investors as well as Bessemer Venture Partners. The Indian online food aggregator will put its raised funds into the upcoming phase of growth along with improvised customer experiences. …

Intel Capital, a division of Intel Corporation, set up to manage global investment, Corporate venture capital, mergers, and acquisitions lead the race in US-based cloud workload mobility firm Velostrata’s Series B funding with $17.5 million investment. Apart from Intel Capital, other existing investors like 83 North and Norwest Venture Partners has also taken part in this funding. Velostrata is a …

In a recent event, Chennai-based self-publishing startup Notion Press has raised a fund worth 1 million USD in one of its Series A round funding. The funding was done by an undisclosed High Net Worth Individuals (HNIs). The respective deal will boost up the self-publishing platform so as to consolidate its marketing segment, strategic relationship, strengthening the management team, along …

Ford Motor company led Ford Smart Mobility firm, mainly, a subsidiary has invested a hefty amount of $24 million in self-driving sensor technology startup Zoomcar,a zip-car like business which operates from Bengaluru, India. The following funding was raised in a Series B round along with other participants such as Sequoia Capital, Nokia Growth Partners, and Empire Angels. Though, the sum …

SBrick recently purchased home service aggregator Home Cues for $1 million in a high on-demand home services for its end-users. After the acquisition, Home Cues will work as a subsidiary of the facility management firm though it will continue with the same name. Both the companies are likely to split their focus towards business-to-consumers and business-to-business sections respectively. Currently, SBrick …

Financial technology being the best innovative way to manage your finance, similar startups have launched various mode to attract an individual’s life in every aspect. The simple, sober process to get a hold over simple calculations, fixed deposits, insurances, etc. have been digitalised and robotic at all means. Being more analytical and data-driven, a digital investment management platform named “Wixifi” …

Logistics based start-up firm Truckola has raised as much as 4 Crores INR i.e. $595,000 from an Angel funding round here in Bengaluru. The round was taken up by Fortune Interfinance in a deal-making platform LetsVenture. The participants in its first round-up in angel funding included investors like Founder of LetsVenture, Shanti Mohan; Sarthak and Nihit Agarwal of Shubhalakshmi Polyesters; …

Renowned online travel marketplaceTripShelf has raised the fund worth 250,000 USD in a pre-series round ‘A’ Delhi-based GEMS Group in the financial market. Althoughthe exact figure of the amount has been kept undisclosed, the revealed part says of funding $250,000 by the domestic firm. The respective travelling based business was established by Father-Son duo Jai Raj Gupta and Dhruv Gupta …

US-based Uber, a rental car conglomerate, has reportedly raised 1.15 crores USD from the financial market for further expansion in global terms. The capital infusion in the company would boost growth thus outreaching accessibility in more countries. On Thursday, Uber went further seeking leveraged loan getting an exclusive offer which previously given to premium establishments. The respective company deliberately took …