Ather Energy, an electric scooter manufacturer, announced it has raised $35 million in Series D funding round led by Sachin Bansal. The round also saw participation of Hero MotoCorp, who invested $12 million as a part of the Series D funding round. Till now, Sachin Bansal has invested $53 million in the startup. Founded in…
Ather Energy, a Bengaluru-based electric vehicle startup, announced that it has raised Rs 84 crore fresh funding from Hero MotoCorp. The EV startup will utilise the funds to boost expansion. It has plans to expand into 20 cities by the end of next year and set up a new manufacturing plant in Hosur, in Tamil…
Flipkart co-founder Sachin Bansal has resigned as an Independent Director of Ujjivan Small Finance Bank. The reason he cited for his resignation from Ujjivan Small Finance Bank’s board is that it is in the interest of propriety and corporate governance as an entity owned and controlled by him has made an application to the Reserve…
Sachin Bansal led Navi Technologies (formerly known as BAC Acquisitions Pvt. Ltd) has acquired MavenHive, a Bengaluru-based technology consulting firm to fund their product development initiatives. Navi Technologies, an investment firm with a focus on the financial services space, was co-founded by Sachin Bansal, the co-founder of Flipkart, with Ankit Agarwal. The company was set…
Navi Technologies, a consumer-centric and technology-driven business in the BFSI (Banking, Financial Services & Insurance) space, has received about Rs. 888 cr from its founder Sachin Bansal. Navi Technologies was earlier known as BAC Acquisitions. The company was founded by Sachin Bansal & Ankit Agarwal in 2018. Sachin Bansal also invested $3 million each in…
U GRO Capital inked it first securitization transaction of around INR 25 crores with Poonawalla Finance Pvt. Ltd. on lst Oct and followed it up by issuing its first NCD totalling of around INR 50 crores subscribed to by Sachin Bansal in his private capacity. U GRO headquartered in Mumbai, is focused on addressing capital…
Bounce, the bike rental startup founded in 2014 is on way to raise its next round of funding which is expected to be in the range of $ 125 – $ 150 Mn. The company was founded in 2014 by Vivekananda HR, Varun Agni, and Anil G, and has been a key player in the…