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Cedar-IBSi Capital Wraps Up 60% Of INR 175 Cr Maiden Fund

India, Aug. 19 -- Fintech-focused venture capital firm Cedar-IBSi Capital claims to have closed 60% of its maiden INR 175 Cr ($20 Mn) fund, mopping up INR 100 Cr (around $11 Mn) so far. The VC firm f... Read More


Exclusive: Lifelong Online Nets $13 Mn At $500 Mn Valuation

India, Aug. 14 -- D2C consumer durables brand Lifelong Online has raised $13 Mn (INR 114 Cr) from existing backers at a post-money valuation of $500 Mn (INR 4,000 Cr), sources told Inc42. The startup... Read More


ALLEN Digital CEO Abha Maheshwari Resigns

India, Aug. 14 -- Abha Maheshwari, the chief executive officer of ALLEN Digital, has stepped down after over two years in the role. Taking to LinkedIn, Maheshwari announced that she is stepping down ... Read More


Comminent Bags $2 Mn To Launch Smart City IoT Solutions

India, Aug. 13 -- IoT solutions-focussed deeptech startup Comminent has raised $2 Mn (INR 17.5 Cr) in an undisclosed funding round from Transition VC. Comminent said in a statement that it will deplo... Read More


Comminent Bags $2 Mn To Rollout IoT Solutions For Smart Applications

India, Aug. 13 -- IoT solutions-focussed deeptech startup Comminent has raised $2 Mn (INR 17.5 Cr) in an undisclosed funding round from Transition VC. Comminent said in a statement that it will deplo... Read More


Holiday Tribe Lands INR 25 Cr To Boost Its AI-Powered Travel Offerings

India, Aug. 12 -- Travel tech startup Holiday Tribe has raised INR 25 Cr (around $3 Mn) in its Pre-Series A funding round led by existing backer Powerhouse Ventures, along with participation from GSF ... Read More


Speciale Invest Closes Fund III At INR 600 Cr To Back Deeptech Startups

India, Aug. 12 -- Deeptech-focussed VC firm Speciale Invest has announced the close of its third fund at INR 600 Cr (about $70 Mn). The oversubscribed fund initially had a primary corpus of INR 500 Cr... Read More


Former Jubilant Executive Nimish Chaudhary Steps In As Wow! Momo's CTO

India, Aug. 12 -- Quick service restaurant (QSR) brand Wow! Momo has roped in software veteranNimish Chaudhary as chief technology officer (CTO) to oversee the development of its in-house foodtech pla... Read More


Former Jubilant Executive Nimish Chaudhary Joins Wow! Momo As CTO

India, Aug. 12 -- Quick service restaurant (QSR) brand Wow! Momo has roped in software veteranNimish Chaudhary as chief technology officer (CTO) to oversee the development of its in-house foodtech pla... Read More


Centre Clears 4 New Semiconductor Projects Worth INR 4,600 Cr

India, Aug. 12 -- In a bid to further boost the country's blooming semiconductor ecosystem, the Union cabinet has cleared four new semiconductor projects with a total investment of INR 4,584 Cr under ... Read More