FinTech

Mastercard, ACPL Invest In Digital Identity Solutions Startup Syntizen

Hyderabad-based digital identity solutions provider Syntizen has raised an undisclosed amount of Pre-Series A funding from global payments technology company Mastercard and biometric solutions provider ACPL.

Source: INC42

 

Co-Living Space

Nestaway Invests USD 10 Mn To Its Co-Living Entity Hello World

Home rental startup Nestaway has invested USD 10 Mn towards its co-living and student living entity, Hello World, which is being led by the Nestaway cofounder Jitendra Jagadev.

Source: INC42

 

Finance

Chiratae Ventures To Back Early-Stage Startups With USD 35 Mn Seed Fund

As seed-stage funding in India has been gaining momentum with various players joining the race, Chiratae Ventures, too, is reportedly launching a USD 35 Mn seed fund to focus on such early-stage investments. The average ticket size for investments through the fund would be between USD 500K to USD 1 Mn.

Source: INC42

 

Finance

Lightbox Ventures Makes Final Close Of Its Third Fund At USD 209 Mn

Mumbai-based VC Lightbox Ventures has closed its third India-focused investment fund at USD 209 Mn with the participation of 28 investors, according to a regulatory filing. The fund’s closing amount is slightly higher than the fund’s initial target of USD 200 Mn.

Source: INC42

 

Finance

Satya MicroCapital, Light Microfinance raise debt funding

Microlenders Satya MicroCapital and Light Microfinance have raised debt capital from common foreign and domestic lenders. Satya MicroCapital mobilized USD 7 million (INR 49.8 crore) while Light Microfinance mopped up USD 5 million by issuing non-convertible debentures to Mauritius-based Aviator Global Investment Fund and Indian debt platform Northern Arc Capital.

Source: VCCIRCLE

 

Jobs Portal

Former TCS, Tech Mahindra CEOs log into jobs marketplace GigIndia

GigIndia, a technology platform that helps students find part-time jobs, has raised funding from a clutch of technology industry veterans including former Tata Consultancy Services Ltd CEO S Ramadorai.

Source: VCCIRCLE