100X.VC Launches Corporate Venture Capital Programme For Early-Stage Investments

Venture capital firm 100X.VC has announced the launch of its formal corporate venture capital (CVC) programme, where it will be onboarding Indian corporates as their investment partners.

Source: INC42



Windrose Capital Announces First Close Of USD 30 Mn ‘The Next Billion Fund’

Pune-based Windrose Capital, on November 12, announced the first close of its USD 30 Mn ‘The Next Billion Fund’, which will exclusively focus on early-stage startups. The fund will primarily look to invest in up to 50 seed-stage startups.

Source: INC42



Edtech Startup Lido Learning Raises USD 3 Mn For Expansion

Mumbai-based online education platform Lido Learning has raised USD 3 Mn in its Series A round led by Ronnie Screwvala, chairman of another edtech startup Upgrad. Other investors in the round included Medlife CEO Ananth Narayanan, MD JK Tyres Vikrampati Singhania, CEO Anupam Mittal and MD of Patni Wealth Advisors Arihant Patni, among others.

Source: INC42



SuperGaming Raises USD 1.3 Mn From Dream Incubator, AET Fund Even Before Launch

Singapore and Pune-based SuperGaming has announced a USD 1.3 Mn funding round from Japanese investors Dream Incubator and Akatsuki Entertainment Technology (AET) Fund, and Better Capital, an early-stage investor.

Source: INC42


Car Marketplace

OLX Looks To Dominate India’s Used Cars Market With USD 400 Mn FCG Investment

The global marketplace network, OLX Group, on Monday (November 11) has announced that it invested USD 400 Mn in German-based online car marketplace, Frontier Car Group (FCG), thereby becoming the largest shareholder in the company.

Source: INC42


Hospitality Tech

Bookingjini Raises INR 3 Cr In Seed Round From Mumbai Angels Network

Bhubaneswar-based startup BookingJini, which helps hotels increase direct bookings on their website using a SaaS product, has raised INR 3 crore in seed funding from Mumbai Angels Network. The deal was led by Apurva Salarpuria, and 18 other investors took part in the round. The startup will be using the seed money to build the team and scale operations.