MSME
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Opportunity India Desk Apr 20, 2018 - 1 min readIn its third round of external funding, baby care products startup mamaearth has raised an undisclosed amount in equity investment from Bollywood actress and entrepreneur Shilpa Shetty Kundra. Founded in 2016 by husband-and-wife duo Varun and Ghazal Alagh, the startup’s product portfolio includes toxin-free body lotions, rash creams, shampoo, body wash, ...
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Opportunity India Desk Apr 19, 2018 - 1 min readThe UK-based Liberty House is likely to bid for debt-laden ABG Shipyard Ltd for the third time after creditors invited fresh proposals. Liberty’s bid in the first round was rejected as the offer was below ABG Shipyard’s liquidation value of Rs 2,200 crore. In the second round, it failed to comply ...
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Opportunity India Desk Apr 18, 2018 - 1 min readThe homegrown ride-hailing major Ola has planned to invest $7 million (Rs 45.5 crore) in the parent of online scooter rental platform Vogo has led by. According to a report in The Economic Times, venture capital firms Stellaris Venture Partners and Matrix Partners also contributed to the investment in Bengaluru-based Vogo ...
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Opportunity India Desk Apr 18, 2018 - 2 min readAtlanta-based impact investing foundation, The Gray Matters Capital (GMC) has launched an accelerator program named ‘GMC Calibrator’ which will focus on education tech start-ups in India in the pre-KG, K-12, and test preparation segment. GMC Calibrator is currently open for applications and will invest a total of $2 million in start-ups ...
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Opportunity India Desk Apr 17, 2018 - 1 min readPathology chain operator Metropolis Healthcare Ltd is eyeing to raise around Rs 1,500 crore ($230 million) through an initial share sale. Ameera Shah, managing director and CEO of Metropolis Healthcare said the IPO will likely include a partial stake sale by the Shah family, besides fresh equity. The proceeds ...
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Opportunity India Desk Apr 17, 2018 - 1 min readMumbai-based Cogo Freight Pvt. Ltd, which owns and operates digital freight company Cogoport, has secured funding from venture capital firm Accel Partners led Series A round. In a statement Cogoport said that the funds will be used to develop new products and expand its business in India and other countries.
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Opportunity India Desk Apr 16, 2018 - 2 min readBengaluru-based logistics portal Pando Corp Pvt. Ltd has raised $2 million (Rs 13.08 crore) in a seed round led by Nexus Venture Partners. The startup, which digitises logistics operations for large corporates, will use the money for product development and fresh hiring. Pando’s first external round of funding will ...
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Opportunity India Desk Apr 16, 2018 - 1 min readChandigarh-based agri-analytics startup AgNext has raised the undisclosed sum in a round led by social impact firm Omnivore. This is the second investment from the venture capital firm’s second fund, Omnivore Partners India Fund II. Samir Kumar, a high net worth individual from Singapore, also participated in this round.
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Opportunity India Desk Apr 16, 2018 - 2 min readHealth and fitness platform CureFit has raised Rs 4.18 crore (about $611,121) in a fresh funding round, a media report said. The round saw a new set of investors backing the firm including Flipkart co-founder Binny Bansal and Myntra-Jabong chief executive Ananth Narayanan, said the reports. CureFit’s Operator, CureFit ...
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Opportunity India Desk Apr 13, 2018 - 1 min readPrivate equity firm Neev Fund has invested an undisclosed amount in Mahendra Educational Pvt. Ltd, the PE firm said. Backed by State Bank of India and UK’s Department for International Development Neev Fund has invested Rs 50 crore ($7.7 million) in the Lucknow-based company. Mahendra Educational helps job aspirants ...