As per a recent report by TiE Kerala, Kerala has emerged out as one of the top destinations for startups in the country. As of now, the state has made an impressive compound annual growth of 17 percent since 2012. This takes the total number of ventures to 2,200, which displays high competence in netting
Author Gairika Mitra
With more and more startups mushrooming in India, everyone needs a higher dose of capital infusion, thus more number of investors are coming into the picture. Some of them may be classified as sovereign wealth funds, hedge funds, PE firms, and family offices. This was as per a data sourced from VC firm Sequoia Capital.
Bangalore-based startup Dunzo raised $45 million from Google, Lightbox Ventures, STIC Ventures, and 3L Capital in a new financing round. This round raised Series D, that valued the startup at around $200 million, as per people familiar with the movement. As of now, the startup has raised $81 million till date. Dunzo, is a four-year-old
Zomato is on the verge of finalising a fresh $600 million round of funding that is likely to be led by its existing Chinese investor, Ant Financial, said people aware of the movement. Singapore based Temasek is kind of expected to put in a significant amount of capital, as a part of it fund infusion.
World Bank states that India ranks 120th among 131 countries. As per women are concerned, its only about 14 percent of Indian women who own or run businesses, according to the Sixth Economic Census conducted in 2014. Women only account for 17 percent of GDP’s in India, which is less than the half the global