Prasannata Patwa

Lightspeed emerging as prominent investor in India’s startup ecosystem

Over the last three years, Lightspeed India has invested in some of the fastest growing startups in India, including Oyo, Byju’s, Udaan and ShareChat, whose combined valuation is currently pegged at $8.5 billion

Real estate group Ajmera plans to invest $10m in tech-focused startups

The company is planning to invest in technology-based start-ups, particularly those in the fintech and software-as-a-service space.

Early-stage investor IDG Ventures India rebrands to Chiratae

IDG Venture’s move is as part of a broader strategy to move away from the global brand and appeal more to entrepreneurs in India.

After e-commerce, investors are finally riding social startup wave in India

These social startups are riding on the user bases of platforms like WhatsApp to build e-commerce solutions for the next 200-300 million users in India.

India: Helo goes on spending spree to take on content startup ShareChat

Helo has spent more than $20 million over the past quarter in order to achieve its fast growth.

Mithril Capital, others invest $140m in Indian robotics startup GreyOrange

Mithril Capital, co-founded by legendary Silicon Valley investor Peter Thiel and Ajay Royan, led the funding round.

India: Kalaari-backed SME payments platform Instamojo targets $1b in transactions by 2019

Instamojo had raised an undisclosed amount in pre-Series B funding from Japanese payments firm AnyPay last August.

Scooter rental startup Vogo raises Series A funding from Ola, Hero MotoCorp

Existing investors Matrix Partners India, Stellaris Venture and angel investors also participated in the funding round.