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Article on June 13, 2018

Microfinance Lender Satya MicroCapital Raises Funds Worth Rs 11.48 Cr Via Rights Issue

Through a rights issue of new shares, the NBFC-MFI allotted 25.51 lakh shares at Rs 45 each to a total of 107 investors

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Ascension Ventures and Unicorn India Ventures Partner to Launch the UK’s First Cross Border UK-India EIS fund

First of its kind cross border fund to open Indian market for UK-based scale-ups

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P2P Vehicle Sharing Platform Drivezy Expands to NCR, Hyderabad, Chennai & Ahmedabad

Drivezy currently operates across 6 cities including Mumbai, Bengaluru, Pune, Goa, Mysuru and Mangaluru.

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Nysaa Retail to Invest Rs 200 Cr to Launch 100 More Stores Across India

Established in 2013, has currently 56 mid-sized retail stores in Tier II and III cities in Eastern and Northern India

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#TodayDeals: Axilor Ventures Launches $30M Seed Fund, Swiggy to Buy Micro-delivery Platform SuprDaily & More

Investment firm and accelerator Axilor Ventures launched a $30 million seed fund to invest in pre-Series A and Series A deals.

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Mutual Fund Investment Platform Nivesh.com Raises Rs 3 Cr in Seed Funding

Plans 3x increase in operations by end of 2018 across tier II and tier III cities

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Actor and Television Personality Rannvijay Singha Invests in Online Lifestyle Media Platform, What's Up Life

Rannvijay Singh Singha comes on board as an Investor & Official Brand Ambassador for What's Up Life!

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NirogStreet Raises $300k from Japanese Venture Fund Spiral Ventures & Others

The startup plans to employ these funds for technological advancement of their platform dedicated to make Ayurveda the first call of treatment globally.

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Toffee Insurance: Lessons in Selling Insurance to People Who Don’t Buy It

Toffee Insurance is honing the habit of insurance-buying in Indians starting a young age, effectively readying a pipeline of potential customers to traditional insurance companies

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Bengaluru-based DailyNinja Raises $3M from Saama and Sequoia Capital

The company intends to use the capital to expand their business by acquiring more customers across Bengaluru, Hyderabad and Gurgaon. The funds will also be used upgrade customer experience by adding more offerings for their customers.

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