Exclusive: Existing investor Blume Ventures criticises BHIVE co-founder over funding controversy

Karthik Reddy, co-founder and managing director of early-stage venture capital firm Blume Ventures, has questioned Shesh Rao Paplikar, co-founder and chief executive of coworking space startup BHIVE, for going public over a funding controversy involving a well-known VC firm. Blume Ventures is an existing investor in BHIVE. “In my opinion, the founder overreacted. I have […]

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BHIVE funding fiasco – Are there any lessons for startup entrepreneurs?

Shesh-Rao-Paplikar_FEThe road outside the BHIVE Workspace office was teeming with cricket fans at around 4 pm on 7 March as they waited excitedly for the return of the Indian team to The Ritz-Carlton Hotel, where it was staying, after a win against Australia in a test match. The mood inside the BHIVE office was in […]

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LetsVenture, Venture Catalysts lead funding in co-working space Innov8

For-Satvacart-Story-TC_ThinkstockPhotos-611186240New Delhi-based Guerrilla Infra Solutions Pvt. Ltd that runs co-working space Innov8 has raised an undisclosed amount in an angel round led by online deal-making platform LetsVenture and Mumbai-based seed investment platform Venture Catalysts, it said in a statement. Other investors who participated in the round include Vijay Shekhar Sharma (Paytm), Rajan Anandan (Google), Kunal […]

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Co-working space provider InstaOffice raises funding led by Globevestor

light-828547_1280Gurgaon-based InstaOffice Business Solutions Pvt. Ltd, which runs a chain of business centres and co-working spaces, has raised an undisclosed amount of funding in a pre-Series A round led by online venture capital platform Globevestor, it said in a statement. The round also saw participation from a group of angel investors including Zishaan Hayath, co-founder […]

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Exclusive: Former Flipkart CPO Punit Soni invests in Innov8

Punit SoniFormer Flipkart chief product officer (CPO) Punit Soni has invested an undisclosed amount of capital in Innov8, a sector agnostic co-working space. Innov8 is one of the three Indian companies selected by Y Combinator, a famous Silicon Valley incubator, for its summer batch of 2016. The other two startups selected include Meesho, an app for […]

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BHIVE raises $1 mn from Blume Ventures, others

Team BHIVEBlume Ventures has led a $1 million (around Rs 6.7 crore) funding round in co-working space BHIVE Workspace. The new capital will be used for expansion to six more cities, hiring talent, building technology and enhancing customer experience. “We plan to have over 2 million square feet of office space under BHIVE management across six […]

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