Exclusive: GrabOnRent close to raising Series A round

Bangalore-based GrabOnRent Internet Pvt. Ltd, which runs product rental marketplace GrabOnRent, is close to raising $3 million (Rs 19.5 crore) in Series A funding from new and existing investors, two persons familiar with the matter said. Existing investors IvyCap Ventures and Unicorn India Ventures will also participate in the round, the people cited above added. […]

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Budget 2017: Digital push good but incentives for capital creation missing, say investors

Digital goodInvestors in India feel the union budget’s sharp focus on digitisation will undoubtedly strengthen the whole ecosystem, but the need of the hour is consistency of policies, incentives for domestic venture capital creation and addressal of cashflow problems that startups often face. That’s not to say the community is not enthused about the government’s massive […]

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The promising startup domain of 2017

Anil Joshi, Managing Partner, Unicorn India VenturesIndia has shown immense progress on startup activities especially after the Prime Minister’s ‘Startup India, Stand up India’ initiative. However, 2016 saw fewer investments at large due to challenges in some business models. However, those revenue models have now improved thanks to a focus on monetisation across sectors. This has led investors to also actively […]

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Exclusive: SaaS startup Pharmarack raises pre-Series A funding

Pune-based Pharmarack Technologies Pvt. Ltd, which provides software-as-a-service applications for automated order processing and inventory management to pharmaceutical retailers and

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