Aamir Khan turns angel investor with furniture rental startup, Furlenco

Bengaluru-based Furlenco has received celebrity investment from Bollywood actor Aamir Khan. The furniture rental company runs a subscription service, where users can sign up for a minimum of three months and pick furniture for rent through the company’s website. Run by Kieraya Furnishing Solutions and catering to 4,000 monthly customers, Furlenco received Rs 2 crore […]

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Philippines-based startup gets investment from Fullerton Health

During a time when China-based investors are looking at Philippines-based startups, provider of healthcare solutions, Fullerton Health, plans to purchase a stake in Intellicare Group, Deal Street Asia reported. Asalus, Avega and Aventus are three companies under the Intellicare Group, the first of which focuses on delivery of healthcare services and maintenance, the second which […]

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India’s startups progressing past those of other countries: Michael Marks

Despite needing work on aspects such regulatory issues, India’s strong and productive environment of startups is moving ahead of those in other countries such as Israel and China, Michael Marks, co-founder of Innoventure Partners said, as reported by the Economic Times. “The investment opportunity in India is quite nascent right now with 75% of the […]

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Job search platform, WorkVenture, receives $3.6 million investment

Self-marketed as a Netflix-like platform for job hunting, WorkVenture has received the largest investment by a Thai startup in a Series A round this year. The new investor to the company provided funding of $3.6 million to the job search company. Using artificial intelligence, the website matches users with potential employers using algorithms to provide […]

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BigBasket could receive funding worth $200 mn from Alibaba

Having previously been in talks with Amazon prior to the company’s purchase of Whole Foods Markets Inc., India’s largest online grocery store, BigBasket, may be set to receive an investment worth $200 million from Alibaba Group Holding Ltd. The information came from an anonymous source as told to Bloomberg. BigBasket, which is owned by Innovative […]

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