India Dealbook: Quick Ride raises VC money, Omnivore closes second fund at $97m

India Dealbook: Quick Ride raises VC money, Omnivore closes second fund at $97m

TADA is built on MVL’s blockchain ecosystem, which is specifically designed to serve the automotive industry. Graphic: DEALSTREETASIA

Sequoia Capital, Naspers and Venture Highway have invested Rs 100.78 crore ($14.4 million) in car- and bike-pooling startup Quick Ride to help the company expand its operations. Meanwhile, Impact investment fund Omnivore announced the close of its second fund at $97 million, higher than its target of $75 million.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter