MSME

MSME

Accel backs green-tech startup Facilio

Opportunity India Desk Mar 21, 2018 - 2 min read

Green-tech startup Facilio has bagged funding of close to $1.5 million from Accel Partners. Founded on March 17 by former Zoho execs Prabhu Ramachandran, Rajavel Subramanian and Yogendra Babu, the startup offers an integrated facilities management software that harnesses IoT and machine learning to manage building operations, maintenance and sustainability performance, ...

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pi Ventures Leads pre-Series A round in B2B startup Customer Success Box

Opportunity India Desk Mar 20, 2018 - 2 min read

In a funding round led by early-stage venture capital firm pi Ventures, San Francisco- and Gurgaon-based Customer Success Box, an enterprise-based customer management platform, has raised $1 million (Rs.6.5 crore) in a pre-Series. The startup will use the funds to drive growth and for product innovation, the statement said.

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Karma Healthcare Secures 3 Cr Funding From 1Crowd, Others

Opportunity India Desk Mar 20, 2018 - 1 min read

Rajasthan-based Karma Primary Healthcare Services Pvt. Ltd has raised Rs.3 crore ($460,000) in a fresh round of funding from equity crowdfunding platform 1Crowd. Founded in 2014, the startup provides technology-based up health centres in rural areas, which provide a range of health services including web-enabled patient-doctor consultations, face-to-face doctor consultations and ...

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Sequoia may cut size of 6th India fund; Elliott eyes Fortis

Opportunity India Desk Mar 19, 2018 - 4 min read

Global venture capital firm Sequoia Capital may target raising $650-700 million for its sixth India fund, down up to 30% from the $920 million it secured in its previous outing. As per the reports, the fund will invest in Internet, consumer and healthcare companies in India as well as Southeast Asia. ...

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Flipkart, Walmart To Complete $7-bn Deal, valuation to reach $20 bn

Opportunity India Desk Mar 17, 2018 - 2 min read

In a move to put other e-commerce players in competition US retailer Walmart Inc. is in the talks to spend about $7 billion to become top investor in India’s leading e-commerce company, a move that would put the US retailer in competition with Amazon.com Inc. in one of the most promising online retail ...

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Personal Care Startup MCaffeine Bags $500,000 In Pre-Series A round

Opportunity India Desk Mar 16, 2018 - 2 min read

Personal care startup MCaffeine has secured $500,000 (about Rs.3.3 crore) in a pre-Series A round led by a clutch of high net-worth individuals and angel investment platforms. The company in a statement said the latest round of funding was led by the startup’s existing backer Harminder Sahni, founder of consultancy firm ...

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Ed-tech Startup Doubtnut Receives Fresh Funding From WaterBridge, Omidyar

Opportunity India Desk Mar 14, 2018 - 1 min read

Led by WaterBridge Ventures Network and participated by Impact investment firm Omidyar, Gurgaon-based ed-tech startup Doubtnut has secured a pre-Series A round amounting to Rs.3.5 crore ($539,000). A statement issued by the company said, the company will use the capital to expand its platform, add more subjects, support more regional languages and accelerate the development ...

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UK publisher Backs ed-tech startup Callido Learning With $2 Mn Funding

Opportunity India Desk Mar 14, 2018 - 1 min read

Mumbai-based ed-tech startup Callido Learning LLP has bagged USD $2 million (Rs.13 crore) from a UK-based publisher said a source without revealing the name of investor. The company will utilize the funds to boost overseas expansion and new market ventures said the source. Founded in August 2015 by Sriram ...

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HealthAssure Pumps In $1 million from The HR Fund

Opportunity India Desk Mar 13, 2018 - 1 min read

HealthAssure, the Primary healthcare services provider has confirmed a fundraise of million dollars in pre-series A from The HR Fund. The latest Investment was facilitated by Candle Advisors, a Mumbai based investment banking, and advisory services firm. HealthAssure founded in 2011 by Varun Gera, former CEO of United Healthcare and currently ...

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Artha gets Sebi Approval for first Rs. 200 crore fund

Opportunity India Desk Mar 13, 2018 - 1 min read

The Artha Group, which runs the family fund Artha India Venture, has received nod from Securities and Exchange Board of India (Sebi) to set up a new early-stage investment fund Artha Venture Fund I. Anirudh Damani, general partner, Artha Venture Fund I said, “We have received approval from the regulator for ...

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