Good Capital’s $25 Mn Early Stage Fund Looks To Back Unique Ideas, Starting With SimSim, Spatial
Early-stage venture investment firm Good Capital has announced a USD 25 Mn fund. The venture fund, founded by brothers Rohan and Arjun Malhotra, had completed its first close at USD 12 Mn two months ago. It is expected to have a final close in 10 months.
Milkbasket Plans To Raise $50 Mn To Expand Into Medicine Deliveries
Gurugram-based Milkbasket, which was initially launched to deliver milk, is looking forward to expanding its services. The micro delivery startup is in advanced talks with private equity funds to raise USD 50 Mn in Series C round, according to a TechCrunch report.
Health-tech startup ProPhysio raises Series A funding from NestVara Group
ProPhysio, a healthcare firm, has raised an undisclosed amount in its Series A funding from the NestaVera Group of companies, an investment firm with interests in sectors such as education, co-working and real estate.
Flipkart co-founder Binny Bansal is firming up plans to launch a venture capital (VC) fund with a target corpus of USD 300-400 million, which will focus on startups who need growth capital, said two sources familiar with the development.