Search Results for:Yuvraj Malik

India: Furniture e-tailer Pepperfry raises $38.5m from State Street Global Advisors

Pepperfry chief executive Ambareesh Murty said the company will use the funds to expand its supply chain, invest in technology and open new stores.

Cisco invests in IDG Ventures India’s third fund

The investment from Cisco Investments, the corporate venture arm of the US-based firm, comes a month after the firm invested in Stellaris Ventures Partners.

Vertex Ventures leads $5m round in India’s Hotelogix

Early investors Accel Partners and Saama Capital also invested in the round.

India: Avendus Finance invests $9.7m in ad services firm Ad2Pro

The funds will be used by Ad2Pro promoters to buy out the shareholding of venture capital firm VentureEast, the lone institutional investor in the company.

India: NSE in talks with Sebi to tweak startup listing norms

National Stock Exchange (NSE) plans to ease listing norms for so-called new-age companies, in an effort to revive its dedicated startup listing platform.

FourKites raises $35m in August Capital-led round for Asia, South America expansion

Existing investors Bain Capital Ventures and Hyde Park Venture Partners also invested as part of the round.

Pallavi Shroff joins Paytm parent board as independent director

Shroff, managing partner at law firm Shardul Amarchand Mangaldas, is on the boards of Maruti Suzuki India Ltd, Apollo Tyres, Trident Group and Juniper Hotels.

Furniture rental startup Furlenco in talks to raise up to $15m

Besides early investor Lightbox, Furlenco is in talks with other venture capital firms for the round.

India: Germany’s Turtle Entertainment invests $4m in Nazara Tech for 1.75% stake

Turtle Entertainment owns over a dozen e-sports tournaments around the world, including ESL National Championship.

Flipkart FY17 loss widens 68% to $1.3b, revenue up 29%

As the company continued to spend heavily to maintain its slender lead over arch-rival Amazon India.