The Indus Entrepreneurs (TiE) announced plans to launch a chapter in Telengana’s Nizamabad district in order to boost entrepreneurship in the region. In addition to this, the organization plans to have a corpus of Rs. 20 lakh for building and nurturing the startup ecosystem. The Nizamabad chapter will foster startups in areas like agri-tech and […]

Medtech startup, Axio Biosolutions announced that it has raised $7.4 million (approximately Rs 47 crore) in a Series B funding round led by Ratan Tata’s RNT Capital. The round also saw participation from existing investors Accel Partners and IDG Ventures India. In addition to this, the round also gave an exit to the startup’s first […]

Future Supply Chain Solutions announced that it will fully acquire e-commerce giant, Snapdeal’s primary logistics arm Vulcan Express in a Rs 35 crore all cash deal. “Through Vulcan, we plan to boost our last mile capabilities and also offer state of the art solutions to our e-commerce and retail clients , including realising our disruptive […]

Bengaluru-based early stage venture capital firm, 3one4 Capital announced that it has raised Rs 250 crore for its second fund thereby surpassing its initial expectations. According to a statement released by the firm, the round witnessed participation from prominent investors like Reliance Ventures, Narayana Murthy and Nandan Nilekani (Co-founders of Infosys), Ranjan Pai (CEO of […]

Mumbai-based lending startup, NeoGrowth Credit Pvt Ltd., focused on small and medium businesses, has received $47 million in the recent funding round, according to a statement by the startup. The fintech startup’s platform uses and explores data combined with technology to provide loans for retailers. Retailers then pay back the loan based on future sales […]