Instacar investment has brought Central India’s startup ecosystem into the notice of South Asian investors who have mostly funded startups in Bangalore, Mumbai and New Delhi.
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The new funding brings Druva’s total capital raised to $118 million, and will continue to support its aggressive growth strategy. The round is led by existing investor Sequoia India and joined by new investors – Singapore-based EDBI, as well as Blue Cloud Ventures and Hercules Capital.
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Ahmedabad headquartered Beardo was founded in October 2015 by Ashutosh Valani & Priyank Shah. Today men’s grooming industry targets over 25 million users with a market size worth almost `6000 crores.
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Founded by a trio of IIT Bombay Alumni, Canvs.in is spearheaded by Debprotim Roy, a multifaceted designer who was formerly associated with Housing.com and Quikr.com with their business and product departments.
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The strategic acquisition will bring together complementary technology platforms and capabilities of NIIT and Perceptron, enabling NIIT to further accelerate its Digital Transformation initiatives – StackRoute, digiNxt, and Training.com.
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What’s better than online shopping is shopping for financial products online. Paisabazaar.com offers over 90 products for its customers to choose from
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As part of the deal, the 50-member team at EduKart has joined Paytm across verticals while EduKart is in talks for a strategic sale separately. EduKart has more than 10,000 paid students on its platform and partnerships with 120+ course providers.
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Sourceweb was founded by Manesh Jain and Konark Singhal in 2012. The company was bootstrapped all along with help from friends & family and won a very prestigious e-sourcing project from Samsung Electronics India.
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