Zoomcar Raises INR 55 Cr From Parent Entity, WeWork India CEO
Bengaluru-based rental car service Zoomcar has raised INR 55.7 Cr mix of debt and equity from its US-based parent entity Zoomcar Inc and WeWorks India head Karan Virwani. While the parent entity bought shares worth INR 48.47 Cr, Virmani paid INR 7 Cr loan.
Club Factory Raises USD 100 Mn To Bolster Open Platform Ecommerce Strategy For India
Chinese e-commerce giant Club Factory has announced a USD 100 Mn Series D funding round led by venture capital firm Qiming Venture Partners, with participation from Bertelsmann, IDG Capital, and other Fortune 500 companies from the USA and Asia.
Adtech Startup OneOneDay Raises USD 1.3 Mn in Pre Series A from Indian Angel and Others
After launching its Oodies app in India and partnering with telecom company Airtel, Hong Kong-based adtech startup OneOneDay has now raised USD 1.3 Mn in Pre-Series A round from Chinese investors to fuel its expansion plans.