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.
Funding
US news site Business Insider raises $12M in round led by Jeff Bezos
New York, US-based news website Business Insider raised $12 million in a funding round led by Amazon chief Jeff Bezos for the expansion of its workforce and subscription service.
US ad-tech startup TripleLift scores $4M in Series A funding to automate native advertising
San Francisco, US-based ad-tech startup TripleLift scored $4 million in a Series A funding round led by True Ventures to expand its workforce and automate native advertising.
New York-based online payments business Payoneer gets $25M in Series D round
Payoneer Inc, a New York-based online payments platform, has secured $25 million for its Series D funding round led by Susquehanna Growth Equity and participated in by existing investors, a statement about the funding said.
New York's Javelin lands $1.5M funding to teach big firms to innovate like a startup
New York, US-based business workshop Javelin Inc landed $1.5 million in a funding round led by Mark Suster and Upfron Ventures to teach big companies to innovate like a startup.
Latest News
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.
Moscow, Russia-based affiliate marketing and advertisement firm CityAds Media nabbed a $5-million investment from private equity investor Klever Internet Investments in exchange of a minority stake in the ad company.
Winnipeg, Canada-based non-profit agricultural organization Canadian International Grains Institute (Cigi) receoved a $1-million investment boost from Regina-based grain-handling firm Viterra Inc to promote Canadian field crops locally and internationally.
AppsFlyer, a mobile analytics startup based in Herzliya, Israel, obtained $7.1 million in its most recent financing round from Pitango Venture Capital and Magma Venture Partners, Globes reported.
Former Apple chief John Sculley is teaming up with former HTC India head Ajay Sharma and Singaporean investment firm Inflexionpoint to launch a yet-unnamed smartphone brand in India, which will release its first units in April.
Mobile gaming startup Omnidrone has bagged $2 million in its first institutional funding round. Investors included Nokia Growth Partners, London Venture Partners and Kibo Ventures, a funding statement said.
The Michigan Women's Foundation plans to grant low interest business loans in their "Angel Microloans" program to female entrepreneurs in Detroit to encourage them to set up their businesses there, The Detroit News reported.
Egress Software Technologies, a provider of cloud-based email and file encryption services, has received a £2.2 million investment from venture capital firm Albion Ventures, a statement about the funding said.
Raleigh, North Carolina-based Aseptia, a food firm that developed a technology that allows food to stay fresh without refrigeration and preservatives, raised $28 million in Series C funding which will fund the growth of its subsidiary Wright Foods.
