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Investment

Sneaker reselling platform Mainstreet Marketplace raises $2 mn from Deepinder Goyal, Nikhil Kamath, others

Sneaker reseller Mainstreet Marketplace has closed a $2 million (around Rs 16 crore) seed funding round from a clutch of investors, including Zomato CEO Deepinder Goyal’s First Lap LLP, Zerodha co-founder Nikhil Kamath and Abhijeet Pai’s venture fund Gruhas Proptech, Udaan co-founder Sujeet Kumar, Spotify India MD Amarjit Singh Batra, and several other angel investors […]

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Executive Movements

Udaan names Vaibhav Gupta as CEO

Udaan said it is moving to a CEO-led structure with co-founder Vaibhav Gupta assuming the role of chief executive as the B2B e-commerce platform looks at becoming a publicly listed entity in the next 18-24 months, according to PTI report. The other two co-founders, Amod Malviya and Sujeet Kumar, as board members will actively work with Gupta to “ensure that […]

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Investment

New Delhi-based Euler Motors raises Series A funding led by Inventus Capital

Euler Motors Pvt. Ltd, a New Delhi-based automotive tech startup, announced that it has raised Rs 12.5 crore in its Series A round of funding led by an early-stage investor Inventus Capital Partners, according to a VCCircle report. Other investors that took part in the funding round include Jetty Ventures and Sujeet Kumar, co-founder of […]

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Investment

Mumbai-based Tring raises funds from a clutch of investors

Tring, a Mumbai-based celebrity engagement platform, announced it has raised funds from top entrepreneurs and startup investors including Kalyan Krishnamurthy of Flipkart, Sujeet Kumar of Udaan, Gaurav Munjal of Unacademy, Keshav Sanghi of VentureWorks India, Roman Saini of Unacademy, Hemesh Singh of Unacademy, and Sumit Jain of Opentalk amongst others.  Earlier, the startup had raised […]

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Investment

Chennai-based Vakilsearch secures funding from Udaan co-founder Sujeet Kumar

Vakilsearch, a Chennai-based online professional services platform for lawyers, corporate bodies, and professionals in India, announced it has raised an undisclosed sum from technology growth investor and the Co-founder of B2B ecommerce platform Udaan, Sujeet Kumar, according to a media report.  Vakilsearch CEO Hrishikesh Datar said, “At Vakilsearch, we have always focussed on providing businesses […]

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Investment

Ed-tech startup Unacademy raises $110 mn funding from Facebook and other investors

Unacademy, an education technology startup, announced it has raised $110 million from Facebook and General Atlantic. Post current funding, the company is valued at $510 million.  Existing investors Sequoia India, Nexus Venture Partners, Steadview Capital and Blume Ventures also took part in the funding round. Apart from that, investments were made by Flipkart CEO Kalyan […]