Salman S.H

Matrix Partners, Accel invest in Indian student housing platform Stanza Living

Stanza competes with other accommodation aggregators like Nestaway, Zocalo, Homers and Homigo. The firm will use the funds to expand into new cities, upgrade its technology platform, and for hiring.


With growing readership, Indian content startups stir interest from investors

Investors are bullish about the potential of content start-ups that can serve tens or hundreds of millions of Internet users.


India: Kissht raises $10m in funding from Fosun RZ Capital, others

Prophet Capital, Beijing and existing investors Ventureast and Endiya Partners also joined the round.


India: Wealth management startup Fisdom raises $3.8m led by Quona Capital

With this fresh funding, Fisdom plans to add new financial products to its portfolio.


India: Online lending startups thrive as banks with bad loans become cautious

Slowdown in bank credit, has given a boost to financial technology start-ups.


India: Swiggy partners Indifi Technologies to provide loans to restaurants

Since launching its pilot in mid-September, the programme has received over 200 applications from restaurant partners across eight cities.


India: NBFC Varthana raises $3m for school financing programme

The funding was led by Michael & Susan Dell Foundation to expand its School Transformation Program.


India: GridRaster raises $2m in seed funding from Exfinity, other VCs

The firm provides virtual reality (VR) and augmented reality (AR) experiences on mobile devices.


India: Used furniture startup Gozefo raises $9m from Sequoia, Beenext, others

The company will use the money to widen operations, improve customer care, expand inventory and hire fresh talent.


India: YourStory raises $6m from Kalaari, Qualcomm Ventures, others

The company is targeting revenues of $4 million for FY2017-18.