Here’s a summary of the key details from the article regarding the funding in the offline coaching space: Startup: Name: Allen Career Institute Founders: Govind Maheshwari (Co-Founder and Director) Investors: Lupa Systems Founder: James Murdoch Fundraise Series: Late-stage funding round Fundraise Details: Stake: 30-35% Valuation: Close to $1.2 billion Financials: Revenue: Approximately ₹2,500 crore (around […]
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To raise funds from China, Indian startups will require permission from nodal ministry
The content you provided discusses changes in foreign direct investment (FDI) rules in India, particularly regarding fundraising from Chinese investors for startups. However, it does not include specific details like: Funds Investors Startups Founders Fundraise Series Dates It mentions a few startups that have raised funds from Chinese investors, such as: Paytm Ola Zomato Swiggy […]
Flynote, Azani Sports, Skillmatics close Rs 15 Cr
Here’s a summarized list of the details from the provided text: Funds and Investors: Main Funds: Surge (by Sequoia Capital) Sequoia’s general fund Startups and Founders: Azani Sports Founders: Not mentioned Funding: Rs 1.38 crore (Rs 1.37 crore from Surge, Rs 70-90 thousand from Sequoia’s general fund) Series: Series A1 CCPS Date: Not specified in […]
Ola in talks with Naspers to raise funds at $8 billion valuation
Here’s the summarized information based on the provided details about Ola’s fundraising activities: Investment Details Startup: Ola Founders: Bhavish Agarwal Funding Series: Current fundraising: $1 billion Recent: $50 million Additional: ₹50 crore (approximately $7 million) Funding Investors Primary Investors in Current Round: Naspers LLC (in talks) Temasek Holdings (in talks) Sachin Bansal (planned investment) Steadview […]
After govt nod, India’s first fuel delivery startup MyPetrolPump to raise funds
Here’s the requested information extracted from the provided content: Startup Details Startup Name: MyPetrolPump Founders: Ashish Kumar Gupta (IIT-Dhanbad alumnus) Operations Start Date: June 18, 2017 Service: Doorstep delivery of petrol/diesel Business Model: Delivery charge of Rs 99 for up to 100 litres Fundraising and Initiatives Funding Announcement: The company is seeking Rs 50 lakh […]
Tencent Music to raise funding at $10 Bn valuation before IPO launch
Based on the provided information, here’s a summary of the key elements related to Tencent Music Entertainment Group: Startup Information Startup Name: Tencent Music Entertainment Group Valuation: $10 billion Business Model: Subscription, advertisement, and sub-licensing of content Investors Primary Investor: Tencent Holdings (owns approximately 62.45%) Strategic Partners: Potential new investors include record labels (specific names […]
AI-based startup Liv.ai to raise funds from Astarc Ventures
Here’s a summary of the information regarding Liv.ai: Startup Details Startup Name: Liv.ai Founded: 2015 Founders: Subodh Kumar Sanjeev Kumar Kishore Mudra Investment Details Current Fundraising: Raising a fresh round of investment from Astarc Ventures (exact amount not confirmed). Previous Investors (between 2015 and 2016): Amod Malviya (former Flipkart executive) Manik Lather (LMR Partners) Ravi […]