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BERTELSMANN INDIA INVESTMENTS
Of kitchens & cosmetics: Snabbit forays into beauty services after home cooksInstant house help platform Snabbit has launched a salon-at-home offering, connecting customers with beauty professionals within minutes. P...
Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...
Instant house-help startup Pronto bags $20 million as valuation doubles to $200 millionInstant house help startup Pronto has secured $20 million, doubling its valuation to $200 million. This funding will fuel supply scaling am...
Instant domestic help apps face worker unavailability amid rapid scaling, high competitionInstant domestic help platforms like Urban Company, Snabbit, and Pronto are experiencing worker shortages. This is causing limited availabi...
Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
Snabbit raises $56 million from Susquehanna VC, Mirae, others; valuation doubles to $350 millionSnabbit, an instant house help startup, has secured $56 million in a new funding round. This investment, led by Susquehanna Venture Capital...
Quick service platform Snabbit appoints Abhinav Ankur as chief business officerQuick service platform Snabbit has appointed Abhinav Ankur as its chief business officer. This move comes as the house help segment experie...
FMCGs buying up Ayurveda startups for healthy growthAyurveda seems to have found a sweet spot in India’s FMCG playbook as national players turn to regional and niche brands in this space to d...
Pronto crosses 500,000 bookings in March as platform completes a yearPronto has crossed 500,000 completed bookings and reached 22,000 daily orders by March-end, marking one year since launch. Growth in the ho...
VC fund Bertelsmann takes majority stake in logistics firm Lets TransportBertelsmann, which owns publisher Penguin Random House and is also active in services and education, has held a stake in Lets Transport sin...
Univest in talks to raise $16 million in round likely led by Bertelsmann India Investments: sourcesInnoven Capital will participate in the Series A funding round for the wealthtech platform through $3 million in debt financing. The fundin...
Bertelsmann raises $500 million to deploy in IndiaThe growth stage-focused firm that does not have an India-dedicated fund but invests out of the parent’s balance sheet will now look to do ...
Bertelsmann India Investments promotes Rohit Sood to partnerRohit Sood was a founding team at BII in 2012
LetsTransport drives in Rs 100 crore more in series B roundBertelsmann India Investments and a Japanese-origin investor have added funds to the trucking logistics platform.
iNurture raises Rs 28 crore from Ventureast, othersExisting investors Bertelsmann India Investments and Ascent Capital also participated in the Series C funding round.
German media group plans to invest $200-250 mn in Indian startupsThree years after it made its first investment in India, Bertelsmann India Investments (BII) has a deployment book of $150 million, having ...
India Property raises Rs 74.67 crore in second round of fundingOnline real estate classified portal India Property Online Pvt Ltd raised $12 million (Rs 74.67 crore) in a second round of funding.