Company News
Startup go back to known investors for double dipedit
Several big names have gone back for a double dip in the last few months. For instance, Urban Ladder raÂised $12 million from 4 existing investors in January this year.
Publication: The Times of India (Clip Attached)
Date: March 20, 2018
VC Firm Sequoia Capital To Slash Sixth India Fund Size By 25% To $600 Mn-$700 Mnedit
The VC firm debuted 2017 with Bengaluru-based online healthcare platform Practo that raised $55 Mn Series D funding in a round led by Tencent. This was followed by Urban Ladder funding in February 2017.
Publication: VC Circle (Online)
Date: March 19, 2018
Startup go back to known investors for double dipedit
For instance, Urban Ladder raised $12 million from 4 existing investors in January this year. In November last year, Accel Partners pumped in Rs 100 crore into their portfolio company Universal Sports Biz, Venture Intelligence data said.
Publication: The Times of India (Online)
Date: March 20, 2018
Competition and Industry News
Amazon adds six fulfilment centres for furniture, big appliancesedit
Amazon.in has invested in six more specialised fulfilment centres (FCs) in Coimbatore, Pune, Lucknow, Gurgaon, Mumbai and Bhopal besides 25 additional delivery stations exclusively for the fulfillment of large appliances and furniture.
Publication: Financial Express (Online)
Date: March 20, 2018