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Food Delivery Startup Swiggy Raises $7M From NVP DST [Type: News]
Food delivery startup Swiggy has raised an additional Rs 47 crore ($7 million) from existing investors Norwest Venture Partners, DST Global and Accel Partners citing a filing with the Registrar of Companies. The latest funding, which comes in four mo ...
India Nexus Venture Partners Closes Fourth Fund of $450M [Type: News]
Nexus Venture Partners has closed its fourth (IV) fund at $450 million from long term Nexus investors including endowments, foundations and financial institutions across North America, Europe and Asia, who have partnered with the VC in previous funds ...
Hyperlocal Delivery Startup RoadRunnr Stop ecommerce Delivery Business [Type: News]
RoadRunnr, the hyperlocal delivery startup backed by Sequoia Capital and Nexus Venture Partners, may exit from the e-commerce delivery business completely. It might shift its focus on a few select categories such as food, groceries and merchant-to-me ...
Seed Investor Blume Venture close to raise $60M to back a dozen new startups a year [Type: News]
Mumbai-based seed investor Blume Ventures which provides seed funding in the range of $50K – $300K to early-stage tech-focused/tech-enabled ventures, is close to raise $60 million second fund by December. The raised funds will be used to make i ...
Food Ordering Firm Tinyowl Roadrunnr To Merge To Take On Swiggy Zomato [Type: News]
Food ordering firm TinyOwl Technology Pvt. Ltd and logistics firm Carthero Technologies Pvt. Ltd (Roadrunnr) will start operating as a combined company called Runnr by the end of May, according to three people directly involved with the deal.   ...