Women-focused media startup POPxo raises $2.7 mn from GREE Ventures, others

Women-focused media startup POPxo raises $2.7 mn from GREE VenturesPOPxo.com, a digital publication targeted at young women, has raised $2.7 million in a Series B funding round led by Japanese venture capital firm GREE Ventures with participation from its existing investors Kalaari Capital and IDG Ventures India. The company will invest the fresh capital on product enhancement to build new features and different formats […]

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500 Startups’ India VC fund flounders again; Pankaj Jain quits firm

Pankaj Jain500 Startups, a Silicon Valley-based startup accelerator and early-stage venture capital fund house, has hit the pause button on its $25 million fund, Kulfi, focused on India, Sri Lanka and Bangladesh. The fund decided to put its India plans on hold due to regulatory and taxation issues, a spokesperson from 500 Startups told The Economic […]

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Is “Series A” funding no more the focus for investors?

As per the recent half yearly report by VCCedge, the data and research platform of VCCircle, “Series A” round of investments are on the decline this year and barely contributed 38% to toal funding in the first half of the year, which is lowest in the past five years.  While this is affecting the startups […]

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Back to basics in 2016 after abnormal 2015 for startups, say panellists at TechCircle summit

Participants at a panel discussion at TechCircle Startup 
2016A drop in Series A round of investments for startups in 2016 will likely help bring the focus back on business fundamentals, said panellists at the Delhi edition of TechCircle Startup 2016. During a panel discussion on what the decline in Series A deals means, the participants said also that 2015 was an “abnormal” year […]

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Exclusive: Ed-tech firm Transweb raises funding from 500 Startups

Aditya-Singhal-And-Nishant-Sinha,-Co-founders,-Transweb-Educational-Services2Delhi-based educational-technology firm Transweb Educational Services Pvt. Ltd has raised its Series A round of funding from 500 Startups, a Silicon Valley-based startup accelerator and early-stage VC fund house. The transaction was routed through 500 Startups IV LP, a $200 million seed fund managed by 500 Startups Management Co. LLC. Transweb, which provides online tutorial […]

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500 Startups floats $25M fund for India, Sri Lanka, Bangladesh

500500 Startups, a Silicon Valley-based startup accelerator and early-stage VC fund house, has launched a $25 million regional fund focused on India, Sri Lanka and Bangladesh. The 500 Kulfi fund is sector-agnostic but will focus on fin-tech, ed-tech, health and wellness, data analytics, content and software-as-a-service segments, the firm said in a blog post. Pankaj Jain, […]

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500 Startups backs budget hotels platform RedDoorz

reddoorz1RedDoorz, a Singapore-based budget hotels aggregator founded by Indian-origin entrepreneurs, has raised an undisclosed amount in pre-Series A funding from accelerator-cum-venture capital fund 500 Startups. The company will use the money raised to expand its offerings across key markets in South East Asia, it said in a press statement. “We are thrilled to be part of […]

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500 Startups, others back concierge services firm Wishup

Wishup1Wishup, a chat-based concierge services startup, has secured seed funding from 500 Startups, former Rocket Internet MD Mato Peric and TracxnLabs, besides other unnamed investors. The startup claims to have acquired about 10,000 customers since its inception in July 2015. It provides services around product delivery (cakes and flowers, medicines, cigarettes), bookings (movie, cab, hotels, […]

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Tripoto gets funding from 500 Startups, IDG, others

Tripoto Travel Pvt Ltd, which owns and operates travel itinerary portal Tripoto.com, has raised an undisclosed amount in funding from investors led by 500 Startups, IDG Ventures and advantEdge Partners. Neeraj Arora, vice president at WhatsApp, and Stanhope Capital LLP chairman Leon Seynave also put money, Delhi-based Tripoto said in a statement. The company said it […]

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Coupons app LafaLafa gets 500 Startups’ backing

LafaLafa, a mobile-first digital coupons and cashback aggregator, has secured $125,000 in funding from Silicon Valley-headquartered startup accelerator-cum-early stage VC fund house 500 Startups. The five-month old LafaLafa, which is owned by Yellow Brick Road Digital Marketing Ltd, has been selected by 500 Startups for the 15th batch of its four-month accelerator programme in Mountain […]

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