Fund

JSW Ventures To Mark The First Close Of 2nd Fund -(27/01/2020)

JSW Ventures, the venture capital arm of JSW Group, on Monday (January 27), announced that it is set to mark the first close of its second fund at around INR 150 Cr to INR 155 Cr on February 10, 2020

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Fantasy Gaming

Ahead Of IPL 2020, Dream11 Close To $500 Mn Funding From Tiger Global -(27/01/2020)

In the run-up to Indian Premier League 2020, which is expected to begin at the end of March, Mumbai-based fantasy gaming startup Dream11 is now raising fresh funds. The company is said to be on the verge of nearly doubling its valuation as Tiger Global looks to become its latest investor.

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Cloud Gaming

India’s Vimobin Labs Raises Seed Funds To Take On Google Stadia, Nvidia In Cloud Gaming -(27/01/2020)

At a time when fantasy gaming has turned heads and raked in huge investor interest, a new segment of gaming in India is just opening up in the form of cloud gaming. Bengaluru-based gaming company Vimobin Labs is working on enabling high-tech graphically-intensive games on a cloud server across any Android device

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TMT

Inter-city bus service startup Yolo raises seed funding-(27/01/2020)

Yolo TravelTech Pvt. Ltd, which operates inter-city transportation and mobility platform Yolo, has raised $600,000 (approximately Rs 4.28 crore at current exchange rates) in a seed funding round

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Logistics

B2B packaging materials marketplace Bizongo nets $30 mn in fresh funding-(27/01/2020)

Bizongo, a business-to-business marketplace for packaging materials, has secured $30 million (about Rs 214.5 crore) in its Series C funding round led by Swiss hedge fund Schroder Adveq.

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Fintech

Ibibo founder’s fintech startup INDwealth pulls in Series C funding-(27/01/2020)

Finzoom Investment Advisors Pvt. Ltd, which operates artificial intelligence-based wealth management venture INDwealth, has secured $12 million (around Rs 87 crore) in its Series C funding round.

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