Mithril Capital Invests $45 Mn In InMobi’s Content Platform, Glance
Bengaluru-based unicorn InMobi’s content platform Glance has raised USD 45 Mn in a fresh funding round from Mithril Capital. Austin-headquartered Mithril Capital is a growth-stage investment firm co-founded by Silicon Valley investors Ajay Royan and Peter Thiel.
Flipkart Gets $225 Mn Boost Ahead Of Festive Season Sales
Walmart-owned Flipkart has received INR 1616.12 Cr ($224.9 Mn) infusion from its Singapore-based entity, Flipkart Private Limited.
Dutch development bank FMO plans to invest in Sahyadri Farmers
FMO, the Netherlands’ development finance company, plans to invest EUR 7.50 million ($8.29 million, or Rs 59.62 crore at current exchange rates) in Sahyadri Farmers Producer Co. Ltd.
One97 Communications infuses Rs 31.68 Cr in Paytm Entertainment
One97 Communications, the parent company of Paytm, has infused close to INR 31.68 crores in its online movie and event booking platform, Paytm Entertainment. The current RoC shows that a total of 35,20,000 equity shares was allotted as a part of this round at a premium of Rs 80 each.
Esports gaming startup SoStronk raises undisclosed sum from IP Ventures
SoStronk, a Bengaluru-based esports gaming platform has raised an undisclosed amount of funding from IP Ventures. Founded in 2016 by Prashant Prabhakar (CEO) and Karan Mishra (CTO), SoStronk is a tech enabler in the esports industry, with its first product claiming to be a dominant 'playing' platform in the Indian and Southeast Asian markets.
Paytm founder Vijay Shekhar Sharma invests in Mumbai spacetech startup Kawa Space
Vijay Shekhar Sharma, Founder of Paytm, India’s top digital payments firm, invested a disclosed amount in a Mumbai-based startup Kawa Space in its Pre-Series A funding. Earlier, Bengaluru and Chennai-based SpecialE invested a disclosed funding in the startup.