InnoVen Capital invests $16 mn in 13 startups in December 2016 quarter

investe_shahTemasek-backed venture debt firm InnoVen Capital India Pvt. Ltd has invested Rs 110 crore ($16 million) in 13 startups including food ordering startup Swiggy and insurance provider Coverfox in the October-December 2016 quarter. The venture debt firm also invested in furniture rental startup Furlenco, apparel rental firm Flyrobe, branded accommodation firm Zelo, product recommendation platform […]

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Exclusive: Ideal Insurance’s upcoming online platform gets funding

fundingKolkata-based insurance broking firm Ideal Insurance is all set to launch an online insurance platform christened 121Policy.com that will primarily focus on health insurance. The company has raised an undisclosed amount from former Just Dial chief technology officer Sandipan Chattopadhyay’s technology incubator Xelpmoc. The company is beta testing the portal currently and plans to launch […]

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Local content discovery platform NearFox gets angel funding from Globevestor, others

NearFox-Team-Pic_FMumbai-based local lifestyle content and discovery platform NearFox said on Thursday it has raised funding from a group of investors that included the Globevestor Angel Fund. Devendra Rane, CTO at online insurance startup CoverFox; Ravi Jain, former principal at VC fund Ventureast and co-founder of social media marketing firm GenY Medium; and Arpan Nagdeve, vice […]

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