New research shows businesses in emerging economies are outpacing their overseas counterparts in business growth aspects due in part to an aggressive technology agenda.
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The startup has raised pre-series A funding of $1.1 million to accelerate product innovation and business impact from Indian Angel Network, BEENEXT, Chennai Angels, and Mr. Sunil Munjal
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IBEE Hosting, founded in 2006 with the operational office in Hyderabad, India, provides Enterprise level Dedicated Servers, VPS, Domain registration and allied services.
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Bharti Airtel today said that it has, through its subsidiary Bharti Airtel Services, acquired a strategic equity stake in Seynse Technologies Pvt. Ltd., a fintech startup.
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Cheolwon Lee originally from Gangnam in Korea, is a serial mobile entrepreneur and has been a resident of India for over a decade. So that explains why so many Korean investors were attracted to a startup in Gurugram.
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“Currently, we have three operational kitchens in this region. With the new fund raise, we will set up three more outlets, and a part will also be spent on infrastructure and hiring new talent,” said Vishal Jindal.
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Shunwei Capital chooses Truebil to make its maiden investment in India Truebil had previously raised $5.5M (INR 35 crore) in Series A funding and plans leverage the freshly acquired capital to intensify its expansion and strengthen its technological infrastructure
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Investors include LetsVenture, Venture Catalysts and independent angel investors, Vijay Shekhar Sharma, Kunal Shah and Rajan Anandan among others. Y Combinator backed company, Innov8 plans to use the funds for further expansion in metros.
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