Deal Street: Delivery Hero Makes A Comeback In India By Investing In Zomato
12 March 2019 8:19 AM IST
Five Indian startups raised nearly half a billion in angel, seed or venture capital funding.
- Five Indian startups raised nearly half a billion in angel, seed or venture capital funding across sectors such as food ordering, lending and agriculture, and others.
- Aye Finance raised around $36 million (about Rs 253 crore) through a mix of equity and debt funding, led by hedge fund Falcon Edge Other investors such as CapitalG, a fund floated by Google’s parent Alphabet Inc., Zurich-based LGT Capital, and MAJ Invest, an asset management firm based out of Denmark, also participated in the fundraising, according to the non-banking financial company’s filings with the Registrar of Companies.
- Mumbai-based Jai Kisan , a lending platform for farmers, raised $1.5 million (around Rs 10.6 crore) in a seed round of funding led by Blume Ventures.
- Online charity platform Donatekart raised around $360,000 (Rs 2.55 crore) in seed funding from a clutch of investors led by early-stage investment firm LetsVenture.
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