Ranju Sarkar

This funding is on top of the investment received in July 2019 from Caspian and the Hivos-Triodos Fund

Leads $30 million Series C funding in Purplle.com

KredX was started by Manish Kumar and Anurag Jain in 2015 to help businesses meet their short-term working capital needs by facilitating discounting of their unpaid invoices

Ecom Express offers express delivery to the e-commerce industry; claims its network reaches 90% of India's population

Ess Kay Fincorp is a differentiated NBFC primarily providing financing for income generation activity to the commercial vehicle segment and small businesses in rural and semi-urban regions

The current round of fundraising will help the bank deepen its penetration in Punjab and expand into Haryana, Rajasthan and NCT of Delhi, with a significant focus on MSME loans

Besides traditional trade channels like supermarkets and restaurants, Coolberg is available across 12,000 outlets, including some at offices, colleges and airports

Smartworks, which has 23 operational centres in 9 cities and offers 43,000 workstations over 2.3 mn sq ft, plans to grow to 20 mn sq ft and seat 200,000 professionals over the next five years

ElasticRun enables small store owners to leverage quiet times of the day to do local last mile deliveries

The start-up intends to build up a loan book of $500 million over the next five years

Less than 15 per cent of the 50+ million small businesses in India have access to formal credit

Prior to this, the Bengaluru start-up raised $9.5 mn from Omidyar Network India, Chinese unicorn BabyTree Group and BAce Capital, a fund backed by Alibaba's Ant Financial

This is the fifth acquisition by Westbridge Capital-backed firm

Half of those shifting may use tax savings for ongoing capex to strengthen balance sheet

Firm plans to use the money to strengthen the platform and gather consumer data to improve their experience on the website by using machine learning

Indians have 574 million bank accounts, but it could include multiple accounts held by individuals

WhiteHat Jr helps children of ages six to 14 to build commercial-ready games, animations and apps online using the fundamentals of coding

Delhivery operates in over 2,000 cities and towns

To buy 68% from WestBridge, promoters & 26% through open offer

Interestingly, PE-backed companies which went public over the last 12 months have done better than those which got listed earlier