1337 Ventures also has plans to establish a special fund for ECF investments.
Rest of Asia
Launched this March in Lahore, Airlift plans to use the capital to expand its operations.
Rainforest Venture Network, existing investor growX Ventures and some angel investors also participated in the round.
The pooled bond was issued by ASA International India, Aye Finance, Kanakadurga Finance Limited and Thirumeni Finance.
Startups are now approaching their fundraising exercise as a combination of equity and debt. And, they are raising venture debt as a part of equity ro
The Asian unicorns Palm Drive has backed include HK fintech Welab and Beijing’s Bitmain.
The VC said a bulk of capital commitments for its latest fund came from overseas investors such as foundations, endowments, family offices and fund of
The VC firm’s first fund had a corpus of ₹340 crore (approximately $48 million).
Emotix, maker of India's first companion robot 'Miko', is raising about $7.5 million in a Series A round led by Chiratae Ventures.
DIVA recently acquired 30% stake in local POS startup Pawoon, which counts as a portfolio company of Kejora Ventures.
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