venture capital

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


Zodius Capital also participated in this round.

money case pixabay
(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
Alok Goyal, Partner, Stellaris Venture Partners
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 »