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TRUEMEDS FUNDING
Info Edge launches first growth-stage investment vehicle; commits Rs 250 croreNaukri.com parent Info Edge has set up a new growth-stage investment fund with a capital commitment of Rs 250 crore, marking its first dedi...- Wonderland Foods raises Rs 140 crore in its maiden funding round led by Asha Ventures, BIIWonderland Foods has raised Rs 140 crore in its maiden funding round led by Mumbai-based impact investor Asha Ventures and the UK governmen...
- ‘Unseen’: book on Zomato to hit stands on October 31, says Eternal CEO Deepinder GoyalThe book chronicles the food delivery giant’s journey of 15 years and is written by the vice president of operations, Megha Vishwanath.
- Quick medicine delivery platform Plazza raises $1.4 million funding led by All In CapitalPlazza will use the funds to expand its product range and increase its store footprint in Bengaluru. Currently, it has one store in the cit...
- Online pharmacy PlatinumRx raises $6 million in round led by Stellaris Venture PartnersExisting investor India Quotient participated in the funding round. The platform, which helps customers find substitute brands of affordabl...
- ETtech Deals Digest: Startups raise $914 million in August, down 48% on-yearStartups across seed, early, and late stages raised the funds through 88 deals, compared to 97 in the year-ago period.
- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- ETtech Deals Digest: Startups raise $338 million this week, up 65% on-yearThe number of deals during the week fell to 26 transactions, compared to 33 in the corresponding week of the previous year.
- Truemeds closes $85 million funding led by Accel and Peak XV PartnersTruemeds, a telehealth platform, has received $85 million in funding. Accel and Peak XV Partners led the investment round. The company plan...
- Esop delivery at Eternal; Ecomm set to ride festive waveHappy Monday! Executives at Zomato and Blinkit parent Eternal exercised stock options worth Rs 419 crore. This and more in today’s ETtech M...
- ETtech Deals Digest: Startups raise $124 million this week, down 59% on-yearThe number of deals during the week was down at 26 transactions, compared to 37 in the corresponding week of the previous year.
- Info Edge’s stakes in Zomato, Policybazaar valued at Rs 31,500 croreInfoEdge saw 36% returns from startup investments since 2007, while its AIF investments yielded 18.7% returns. The company invested Rs 3,95...
- Impact investor Asha Ventures raises $10 million from British International InvestmentManaging partner Amit Mehta said the fund is expected to announce its final close by September this year. Earlier, ET had reported that the...
- Impact investor Asha Ventures announces first close of Rs 750 crore fundThe fund plans to make Series A investments in startups pursuing sustainability and inclusion themes—in the education, financial services, ...
- CapFort Ventures launches Rs 200 cr India tech fund; plans to invest in 40 startups in next 2 yearsThe VC fund will invest in startups in India with a valuation within Rs 100 crores.
- Temasek to anchor InfoEdge funds, to put half of corpusInfoEdge, an early backer of food delivery app Zomato and online insurance aggregator PolicyBazaar, takes initial bets in companies and bac...
- Elon Musk lands Twitter; FirstCry to file for $1B IPO in MayIt's a watershed moment for the 16-year-old firm, which rose to become one of the world's most influential public squares but now faces a s...
- Tele-health platform Truemeds raises $22 million in funding led by WestBridge CapitalExisting investors including InfoEdge Ventures, Asha Impact and IAN Fund also participated in the funding round.
- Truemeds raises $5 million in funding led by InfoEdge VenturesInfoEdge had invested also in the seed round of the startup
- Info Edge set to raise new $100 million fundThe fund also comes at a time when overall investment activity is slowing down due to the Covid-19 pandemic.
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