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MOVEINSYNC FUNDING
Mirae Asset Venture India appoints former Steadview Capital MD Puneet Kumar as CEOMirae Asset Venture India has appointed Puneet Kumar as CEO, following his exit from Steadview Capital, where he was a managing director. H...- Bengaluru: PM Modi to open long-awaited Yellow Line on Aug 10 easing commute to tech hubsPrime Minister Narendra Modi is set to inaugurate the Yellow Line Metro in Bengaluru on August 10, connecting Rashtriya Vidhayala Road to B...
- Bessemer closes $350 million India-only fund to boost playBessemer Venture Partners closed a $350 million India fund to invest in AI, SaaS, fintech, digital health, consumer brands, and cybersecuri...
- ETtech Deals Digest: Startup funding nearly doubles to $94 million this weekThe most significant amount of capital raised in the week was in early-stage funding, at about $67 million, accounting for 71.4% of the ove...
- MoveInSync raises $15 million from Bessemer Venture PartnersMoveInSync, a cab-hailing service provider to enterprises, raised $15M in a Series C funding round from Bessemer Venture Partners. The fund...
- New ventures help office-goers sail through commuting chaosStartups focus on carpools, buses and corporate services to make ride to work peaceful.
- Wheel of fortune: From Google to Wipro, Move-In-Sync is enabling seamless employee transportationMoveInSync has been successfully trying to resolve the employee transport issues to a certain extent and has emerged as the largest office ...
- Flipspaces raises $3.5 million from Carpediem CapitalThe fund will be deployed for enhancing technology and expanding its footprint in the market.
- MoveInSync gets $8 million in Series BThe company will use the funds to further develop the end-to-end transport offerings, accelerate customer acquisition and launch internatio...
- Venture debt firm InnoVen Capital forms syndicate to help fund cash-starved startupsThe absence of a traditional credit line from institutional investors like banks has seen smaller companies diluting precious equity for wo...
- As flood of easy money dries up, startups put a stop to equity dilution to cash in laterAhmedabad-based startup Lendingkart, recently raised an undisclosed debt fund from IFMR Capital instead of raising funds from a PE or VC.
- InnoVen Capital may extend over Rs 460 crore loans to early-stage companiesInnoVen lent money to start-ups at about 15% (interest cost) per annum. The fund also asks for a 1-1.5% equity kicker.
- Startups like Zoomcar, MobiKwik opt to borrow money to meet working capital needs as investors become cautiousWhile entrepreneurs see venture debt as an additional source of capital, the shift points to a growing wariness among investors about start...
- How pivoting helps startups like Myntra, InMobi, MovieInSync cut their lossesMore entrepreneurs are altering their business plans, as they find that investors are willing to support businesses that change course mids...
- 5 ways to cope if your first venture failsSuccess has many fathers and failure is an orphan, many young people are afraid of starting up, or simply give up when their first venture ...
- ISB to lend helping hand to research institutionsThe Indian School of Business is expanding its network across the country’s booming entrepreneurial landscape.
- 3 Entrepreneurs who began their ventures with little experienceThe common notion that only people with enough work experience can make excellent entrepreneurs continues to prevail, even today. The young...
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