Low entry barriers behind high mortality in consumer tech: FideliMent’s Bharat Banka

Bharat BankaService-enabling tech startups ruled the roost in 2016 with fin-tech, health-tech and ed-tech companies garnering the highest share of investments, despite a significant slowdown in deal making activity. The total number of startups that got funding this year fell more than a fourth (27.5%) from last year, while the total disclosed value of funding deals […]

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Paytm in talks to raise $300-350 mn from MediaTek, Temasek and others

PaytmOne 97 Communications Ltd, which runs mobile payments and e-commerce platform Paytm, is in talks to raise $300-350 million (Rs 2,000-2,350 crore) from a clutch of potential investors that include chipmaker MediaTek Inc, Singapore state investment arm Temasek Holdings Pte and Goldman Sachs Inc, several media reports said. According to Mint, which reported the development […]

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Paytm in talks to raise $300-350 mn from MediaTek, Temasek and others

PaytmOne 97 Communications Ltd, which runs mobile payments and e-commerce platform Paytm, is in talks to raise $300-350 million (Rs 2,000-2,350 crore) from a clutch of potential investors that include chipmaker MediaTek Inc, Singapore state investment arm Temasek Holdings Pte and Goldman Sachs Inc, several media reports said. According to Mint, which reported the development […]

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BookMyShow secures $81.5 mn from Stripes Group, others

bookmyshow_fund-raisingMovie ticketing platform BookMyShow has raised Rs 550 crore ($81.5 million) from existing and new investors in one of the largest funding rounds for an Indian consumer Internet firm in recent months. BookMyShow’s Mumbai-based parent Bigtree Entertainment Pvt Ltd. said on Tuesday it raised the Series C funding round from investors led by New York-based […]

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Japan’s GREE Ventures to invest in Indian startups from second fund

FundJapanese venture capital firm GREE Ventures said on Thursday it will start investing in India from its second fund that has hit its first close at $37 million (Rs 246 crore). The firm received capital commitments for its AT-II Investment Limited Partnership Fund from leading Japanese companies and financial institutions, it said in a statement. […]

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Japan’s GREE Ventures to invest in Indian startups from second fund

FundJapanese venture capital firm GREE Ventures said on Thursday it will start investing in India from its second fund that has hit its first close at $37 million (Rs 246 crore). The firm received capital commitments for its AT-II Investment Limited Partnership Fund from leading Japanese companies and financial institutions, it said in a statement. […]

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