By Sayan Chakraborty
Livspace has already raised about $12.6 million in two rounds between December 2014 and August 2015 from Helion Venture Partners, Bessemer Venture Partners and Jungle Ventures.
Ratan Tata and Nandan Nilekani are investing in microfinance firm, called Avanti Capital, from their respective philanthropic capital
Indonesia-based fashion and beauty app LYKE secures $4 million in Series A funding, while Samena Capital leads a new investment round in online grocery firm HappyFresh.
The money will help Notion Press consolidate its market leadership, strengthen its management team and expand its services in the market.
China Digest: BGI closes $30m Series A in Beijing Gene+ tech; Source Code Capital backs autotech eBaoyang in $22.5M Series C
Two startups in China, one in cloud testing service and one in groceries delivery, have announced to raise series C investments. While the investors in Testin were not disclosed, Eight Days said it received funding from Suning, one of China’s largest commerce platforms.
Douban has launched a film production unit while Alibaba has invested in a Hangzhou cinema operator.
Food delivery platform Runnr, the combined entity which was formed after the merger of Roadrunnr and TinyOwl, has raised around $7 million co-led by existing investors Nexus Venture Partners and Blume Venture Partners, according to a Times of India report quoting sources. However, Sequoia Capital, which was also an early invest along with Nexus in both hyperlocal logistics… Read more »
RA Capital Management and existing investors Accel Partners and Tata Capital Innovations Fund also participated in the round. The round provides an exit to Series A investors KITVEN and India Innovation Fund.
Travello has closed an A$1.26 million venture investment to drive its international expansion and talent acquisition.