• ELECTRONICS
    NewSpring invests in Lynn Electronics

    NewSpring Capital has invested $14.3 million in Lynn Electronics Inc. Based in Ivyland, Pennsylvania, Lynn Electronics is a provider of data and telecommunications products. PRESS RELEASE Radnor, PA – April 13, 2017 – NewSpring Capital, a family of private equity funds providing growth and expansion capital, announced today that NewSpring Mezzanine Capital (“NewSpring”), the Firm’s […]

  • NEWS
    Softbank Ventures Korea invests in True Balance

    The investment will help True Balance expand to the 15 telecom circles in India. New Delhi: Softbank Ventures Korea, the venture capital arm of Japan’s SoftBank, has invested an undisclosed amount in True Balance, a mobile app that keeps users updated about their prepaid mobile account, the company said in a statement. It will use […]

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    Yuvraj Singh invests in Rahul Yadav’s start-up Intelligent Interfaces

    Rahul Yadav has been working on his new venture after the Housing.com’s directors fired him on account of his objectionable behaviour towards investors and the media in July. Mumbai: Indian cricketer Yuvraj Singh has made an undisclosed amount of investment in former Housing.com’s chief executive officer and co-founder Rahul Yadav’s start-up Intelligent Interfaces. “Proud to […]

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    Govt hikes funding for start-ups, Flipkart invests more in Myntra

    Photo: iStock What to watch out for: • Flipkart invests another Rs.338 crore in its fashion portal Myntra: In an attempt to boost its leadership position in the fashion segment, Flipkart has infused Rs.338 crore into online fashion store Myntra. The fresh funds come at a time when Myntra’s nearest rival, Rocket Internet-backed Jabong, is […]

  • NEWS
    Flipkart invests another Rs338 crore in Myntra

    For the year ended 31 March 2015, Myntra’s revenue grew 77% to Rs758 crore from Rs427.26 crore the previous year. Photo: Bloomberg In an attempt to boost its leadership position in the fashion segment, Flipkart has infused Rs.338 crore into online fashion store Myntra, according to documents filed with the Registrar of Companies. Myntra Designs […]

  • NEWS
    Ratan Tata invests in baby products retailer FirstCry

    FirstCry offers 1,200 national and international brands with over 90,000 unique products. The range serves the needs of children ranging from new born to six years. New Delhi: Baby products retailer FirstCry on Thursday said it has raised an undisclosed amount in a fresh round of funding by Ratan Tata, chairman emeritus of Tata Sons […]

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    Wipro Ventures invests Rs9.78 crore in big data start-up Altizon Systems

    Photo: Hemant Mishra/Mint Bengaluru: Wipro Ltd’s corporate venture arm Wipro Ventures has picked up a minority stake in Pune-based big data start-up Altizon Systems Pvt. Ltd. Wipro’s Rs.9.78 crore investment in Altizon allows it to have “a minority holding, not exceeding 20% of the outstanding share capital of the company”. It expects to close its […]

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    Ratan Tata invests in B2B industrial goods start-up Moglix

    A file photo of Ratan Tata. Photo: Pradeep Gaur/Mint New Delhi: Moglilabs Pvt. Ltd which runs business-to-business (B2B) industrial products marketplace Moglix on Monday said it has raised an undisclosed amount from Ratan Tata, chairman emeritus of Tata Sons Ltd. The company in October raised a pre-series A round of $1.5 million from venture capital […]

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    Russian billionaire Fridman’s LetterOne invests $200 million in Uber

    Uber was valued at more than $60 billion, people familiar with the matter said in December, making it the world’s most valuable startup. Photo: Reuters Moscow: Russian billionaire Mikhail Fridman’s investment vehicle LetterOne invested $200 million in Uber Technologies Inc., betting in ride-hailing technology after selling billions of dollars worth of oil assets. “We aim […]

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    Ratan Tata invests in retail tech start-up Snapbizz

    SnapBizz had earlier raised $7.2 million in an investment round led by venture capital firms Jungle Ventures, Taurus Value Creation, Konly Venture and Blume Ventures in January. Photo: Pradeep Gaur/Mint Bengaluru: SnapBizz Cloudtech Pvt. Ltd, which devises technology for grocery stores, said it raised an undisclosed amount of funding from Ratan Tata, chairman emeritus of […]

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    Tiger Global invests $10 million in online videos creator The Viral Fever

    A file photo of TVF co-founder Biswapati Sarkar. Photo: Aniruddha Chowdhury/Mint Mumbai: Tiger Global Management Llc has invested $10 million (Rs.65.6 crore) in popular online video content creator ‘The Viral Fever’ (TVF), picking up a significant minority stake in the firm, according to filings made by the company with the registrar of companies (RoC). The […]

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    Chennai Angels invests in Finance Buddha

    Finance Buddha raised its first round of external funding and is slated to disburse more thanRs.1,000 crore loans in the current financial year. Chennai: The Chennai Angels (TCA) on Friday said that it has invested an undisclosed amount in Finance Buddha, a financial services firm. “There have been many start-ups in the fintech space, but […]