MSME
-
Opportunity India Desk Apr 27, 2018 - 1 min readNoida-based, train-related travel information provider, RailYatri has raised an undisclosed sum in a Series B round led by impact investor Omidyar Network, a company statement said. Existing investors Nandan Nilekani, Blume Ventures and Helion Venture Partners were also present in the round, the statement added. Operated by Stelling Technologies ...
-
Opportunity India Desk Apr 26, 2018 - 2 min readNoida-based fin-tech startup PayMe India, which offers loans to salaried employees, has raised $2 million (Rs 13 crore) of angel funding from the Singapore-based group, a company statement said. The company will use the funds to foster both capacity and market expansion, Mahesh Shukla, co-founder of PayMe India said.
-
Opportunity India Desk Apr 26, 2018 - 1 min readJapan’s SoftBank and China’s Alibaba have jointly invested $110 million into the homegrown leading online marketplace, Paytm according to the company’s latest filings with the Ministry of Corporate Affairs (MCA). This infusion fills up Paytm’s coffers with a total of $220 million and increases SoftBank’s stake to 11.99% while bringing down ...
-
Opportunity India Desk Apr 25, 2018 - 2 min readIndia’s Fortis Healthcare Ltd has received another revised offer from Radiant Life Care Private Ltd proposing to buy one of its hospitals in Mumbai immediately, as a five-way takeover battle for the hospital chain intensifies. Radiant made a binding offer to purchase Fortis Mulund Hospital at an enterprise value of 12 ...
-
Opportunity India Desk Apr 24, 2018 - 2 min readThe Indian arm of US Based e-commerce giant Amazon.in has invested $22 million (Rs 144 crore) in Bengaluru-based digital lender Capital Float a company statement said. The pumped in funds will be used by the company to strengthen its end-to-end digital loan origination system and to design innovative credit solutions for ...
-
Opportunity India Desk Apr 24, 2018 - 2 min readLed by Singapore-based Goldbell Group and Blume Ventures, Bengaluru-based aftersales car service provider Pitstop has raised $1.6 million (Rs 10.6 crore) from existing investors in a pre-Series A round, said a company statement. Pitstop offers car-related services including regular service, mechanical and electrical repair, body repair and doorstep inspection. Its recently ...
-
Opportunity India Desk Apr 23, 2018 - 1 min readThe live emojis, stickers and graphics interchange format (GIF) suggestions producer app, Emojifi has raised an undisclosed sum in a pre-Series A funding round from early-stage venture fund Whiteboard Capital. Run by Bangalore-based Emojifi Pvt. Ltd, the app provides users suggestions for stickers and emojis without the need to install a separate keyboard (for Android ...
-
Opportunity India Desk Apr 23, 2018 - 2 min readWalmart’s deal to buy a more than 51 percent stake in Indian online marketplace Flipkart could be sealed as early as next week, two sources familiar with the matter said. The U.S. retail giant has been in talks with Flipkart for months to acquire a controlling stake in the firm as ...
-
Opportunity India Desk Apr 20, 2018 - 2 min readThe Balancehero India Pvt. Ltd operated balance-checking app True Balance has raised $23 million (Rs 150 crore) in a Series B2 funding round from a group of investors. Line Ventures Corporation, the venture capital arm of mobile messaging firm WhatsApp’s Japanese rival Line Corp, as well as its South Korean affiliate ...
-
Opportunity India Desk Apr 20, 2018 - 2 min readThe KKR backed hospital chain, Radiant Life Care Pvt. Ltd. has joined the takeover battle for Fortis Healthcare Ltd after submitting a non-binding offer. Radiant plans to demerge Fortis’ hospital business and buy a 26% stake in the new entity, Fortis said in a stock-exchange filing. The demerger will exclude Fortis’ ...