In these hard times when the global economy has been deeply impacted because of the Covid-19 pandemic, Sequoia India’s accelerator program Surge has invested in the Indian startups. The accelerator fund ‘Surge’ has backed 15 startups across India and Southeast Asia. Rajan Anandan, the executive who previously ran Google’s business in India and Southeast Asia,…
The grant aims to support ideas that are capital efficient, scalable and can be leveraged to fight the spread of the pandemic. The Action Covid Team (ACT) Grants has already raised Rs 70 Cr. from its target corpus, has funded 2 projects, and has over 45 volunteers. The initiative has seen the participation and support from leading start-up investors, fund managers from top VC firms, and prominent start-up CEO’s. Amongst the backers are Sequoia India, Accel, SoftBank, Coatue, Tiger Global, B Capital as well as leading start-up founders and entrepreneurs, along with industry bodies TiE, IVCA, Nudge foundation.
Google has appointed Sanjay Gupta as Country Manager & VP of Sales & Operations, for India region. Mr Gupta takes over from Rajan Anandan, who left Google in April. Mr Gupta was former managing director of Star and Disney India before being appointed as Country Manager. His role will be contributing to Google’s efforts to…
Gurugram based online premium and luxury brands startup, Smytten, has raised $1.5 million in new funding round from Roots Venture. With this, the company has raised a total of $ 3 million. This round of funding will help Smytten expand their user base, build on their infrastructure and offline reach. Smytten is not like a…