Beating the global economic slowdown, venture capitalists are eyeing heavy on the Indian startup ecosystem. One of the most active investors in India, Sequoia Capital is in planning to launch a $1.25billion fund making it the largest venture fund specially dedicated to Indian startups to date. It is being estimated that the new fund will…
Bounce, an Indian scooter rental start-up, has raised an additional $105mn from Accel Partners and B Capital Group. The latest round is part of the ongoing Series D funding round. The company was founded by Vivekananda H.R., Anil G, and Varun Agni in 2014. Other investors who participated include Sequoia Capital India, Chiratae Ventures, Maverik…
Girnarsoft, which owns online auto portal Cardekho, is raising a massive $100 million in its latest investment round led by Sequoia Capital. Its expected that the existing investor Hillhouse Capital will also be participating in the round. According to an ET post, the investment values Gurgaon-based Cardekho between $400 million and $500 million, which is a little higher than…
ClearTax, an income tax return e-filing platform and investment platform announced on Tuesday that the company has raised $50 million ( about Rs. 300 crores) in a Series B round led by Composite Capital. The last time ClearTax raised funds was in June 2016, it raised $12 million from SAIF Partners along with $2 million in seed funding from…