MSME
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Opportunity India Desk Sep 14, 2019 - 1 min readPre-owned car marketplace Truebil has secured $1 million from from Japanese venture capital firm Spiral Ventures. The fresh capital will be used by the company funds to strengthen its technological infrastructure. This funding comes just months after the Mumbai-based company raised $14 million in its Series B funding round led by Japanese investor Joe Hirao. The ...
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Opportunity India Desk Aug 22, 2019 - 1 min readAster DM Healthcare, one of the few publicly traded hospital chains in India, is eyeing to add more than 2,000 beds at an investment of over Rs 1,000 crore in the next two to three years in five new properties outside Kerala. The Kochi-based hospital chain will be adding one more facility each in Hyderabad, Bangalore ...
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Opportunity India Desk Aug 22, 2019 - 1 min readZolostays Property Solutions Pvt Ltd, a co-living startup, is in advanced discussions with new investors to raise up to $100 million for its Series C round through a mix of equity and debt options. Dr Nikhil Sikri, Chief Executive of Zolostays, said, “We are looking to close a $100 million round, which will be used ...
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Opportunity India Desk Aug 20, 2019 - 2 min readAdmitKard, the study abroad admissions startup, has secured $1 million in pre-Series A round led by Australian EdTech fund Growth DNA. Other investors based out of Australia and India have also participated in this round. Piyush Bhartiya, Co-Founder of AdmitKard, said, “We will use the capital to enhance our product, strengthen our AI-driven counselling algorithms, and blockchain managed ...
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Opportunity India Desk Aug 17, 2019 - 1 min readElectric mobility startup Blu Smart has raised $2.2 million in seed funding from multiple investors led by JITO Angel Network. The round has also seen participation from Hero Motocorp, MayField Fund and Centrum, Micromax and few individual investors among others. The new funds will be utilised by the company to expand its offerings and services beyond ...
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Opportunity India Desk Aug 17, 2019 - 2 min readParentof, a parent-tech startup, has secured $1 million in a seed funding round led by V Srinivas and other existing investors. With this, the total funding raised by the Bengaluru-based company stands at $2 million. The fresh capital will be used by the startup to further evolve its technology and expand its partner network. Swaroop ...
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Opportunity India Desk Aug 14, 2019 - 2 min readCARS24, one of India’s fastest growing tech-enabled used car companies, has announced a strategic partnership with cricketer Mahendra Singh Dhoni. The move will elevate and strengthen the brand as it continues to expand across markets. Under this partnership, Dhoni will own equity in the Gurugram-based company and will act as its brand ambassador. Dhoni’s investment is ...
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Opportunity India Desk Aug 14, 2019 - 1 min readHealthtech startup Doxper, run by InformDS Technologies Pvt Ltd, has raised $4 million in Series A funding round led by healthcare-focused fund Alkemi Venture Partners. The round has also seen participation from Rainforest Venture Network, existing investor growX Ventures and some angel investors. The funds will be used by the Mumbai-based company to double down ...
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Opportunity India Desk Aug 07, 2019 - 1 min readOnline fantasy gaming platform BalleBaazi has secured $4 million in Series A funding round from two private equity funds based out of Singapore and Delhi. The fresh capital will be used by the company to expand its business to the newer markets and enhance the gaming experience for users. Apart from this, the Delhi-based firm is also looking ...
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Opportunity India Desk Aug 07, 2019 - 2 min readGurugram-based co-working space GoWork has raised $53 million from US-based investment management firm BlackRock, along with CLSA Capital Partners, in a debt funding round. The funding will be used by the company to further scale the business and offer value-add services to its clients. This is the first onshore private market transaction in India by ...