Omidyar Network

'Omidyar Network India will stop making new investments and will completely transition out of the market by the end of 2024,' said the company in a blog post

Startup will use money to improve technology and expand business in states

Kiwi has issued 25,000 credit cards until now and plans to have 0.5 million customers by the end of 2024

Funding led by Chiratae Ventures, Omidyar Network India and Flourish Ventures

The 2016-founded company will use the funds to focus on merchant growth, product enhancements and scaling of its distribution network, it said.

Wingreens, a business committed to Women's empowerment, is focused on capturing changing consumer preferences towards healthier and "better for you" products

The Kudva family finds itself in an unfortunate position. But professionals have been forewarned after this incident

Imposes one-year market ban, orders transfer of Rs 22 crore

Logistics tech startup Pickrr Technologies on Tuesday said it has raised $4 million (about Rs 29.4 crore) in funding led by Guild Capital and Omidyar Network India

ROOPA KUDVA speaks to Anjuli Bhargava about how the impact sector has coped with the pandemic and how companies in Omidyar's own portfolio have fared

According to him, demand reduction is likely to be over 50 per cent in many cases

CredR is India's largest used motorcycles consumer brand that integrates online and offline user buying experience through a chain of over 50 CredR franchisee showrooms

GiveIndia is also looking to partner with online consumer companies and brands to make contributions more convenient

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

'If you feel more secure in your home, you are likely to spend more or invest more', said Roopa Kudva

Omidyar Network India has invested inthe segments of consumer internet and mobiles, education, financial inclusion, governance and citizen engagement, and property rights

'Our first cheques have ranged from $500,000 to $5 million,' said the MD of Omidyar's India operations

There is a very strong recognition in the firm is that 'India's time is now', says Kudva