Funding
US-based venture firm Founders Fund gathers $1B to invest in startups
San Francisco, US-based venture capital firm Founders Fund gathered $1 billion for its fifth investment fund called Founder Fund V which will back startups from various sectors.
Boxever secures $6M in round Polaris Partners
Irish startup Boxever which provides an airline-focused personalization platform raised $6 million in a round led by Polaris Partners and joined in by Frontline Ventures, TechCrunch reported.
Sashi Reddi backs Indian fast food chain Hello Curry
Indian entrepreneur and angel investor Sashi Reddi is backing Hyderabad-based fast food restaurant chain Hello Curry with INR3 crore from his seed-stage venture fund Sri Capital.
Tiger Global Management leads $77M investment in alternative lending platform OnDeck
OnDeck, an alternative lending platform for small businesses, secured a $77 million investment in a round led by Tiger Global Management and joined in by its existing investors, TechCrunch reported.