venture capital

India: Research firm MarketsandMarkets raises $56m led by FTV Capital

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Zodius Capital also participated in this round.

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(From left) Stayzilla founders Sachit Singhi, Yogendra Vasupal and Rupal Yogendra.
It may get worse before it gets better for Indian startups

By most accounts, Yogendra Vasupal, co-founder and chief executive officer of Chennai-based budget stays aggregator Stayzilla, is a decent human being and the least likely of people in India’s bustling start-up market to cheat anybody. Yet, on Tuesday, Vasupal was arrested by local authorities in Chennai on charges of defrauding… Read more »

Kanwal Rekhi, Managing Director, Inventus Capital
Sudhir Sethi, Founder and Chairman, IDG Ventures India
A generic picture of a woman working in an office sitting at her desk typing on a computer. REUTERS/Catherine Benson/Files
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Alok Goyal, Partner, Stellaris Venture Partners
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Photo: Reuters
India Dealbook: Fintech startup RedCarpet raises $2.5m; Ideaspring backs Karomi

Fintech startup RedCarpet has raised $2.5 million in a round led by Lightspeed Venture Partners, while  tech firm Karomi has raised $524,000 funding from Ideaspring Capital. RedCarpet raises $2.5m led by Lightspeed Ventures Student microlending startup RedCarpet has raised $2.5 million in a funding round led by Lightspeed Venture Partners, according to a report in… Read more »