Search Results for:Yuvraj Malik
Moneytor helps financial institutions better manage collections from loan defaulters
Muthoot Pappachan recently invested in two start-ups: P2P lender Faircent and money transfer firm RemitGuru.
Existing investors Accel Partners and Elevar Equity also joined the round
This year, Lendingkart got two private sector banks—Kotak Mahindra Bank Ltd and Yes Bank Ltd—on board as lenders.
Qualcomm Ventures India invests from a dedicated $150 million India-focused fund announced in June 2015
The deal, Unilever Ventures’ first investment in India, follows a $10-million capital infusion in IDG Ventures’ third fund this November.
Follow-on investors Anand Rajaraman and Venky Harinarayanan, two angel investors known to be early backers of Facebook, and Japanese venture capital firm Rebright Partners also participated in this round.
So far this year, B2B e-commerce start-ups have raised a total of $196.5 million, the highest since 2010, according to Tracxn.
Paytm said it arranged a merger of the two well-funded start-ups and made a “strategic” investment in the resultant entity for a majority stake. Sequoia Capital India, a large investor in Nearbuy – formerly Groupon India – continues to be a shareholder in the merged entity.
The firm had earlier raised $1.5 million over separate rounds from angel investor Ashwin Chadha, GSF Accelerator, Globevestor, Asian E-Commerce Alliance and Mauj Mobile.