WeWork may shell out $1.9 bn to take control of Embassy-backed Indian affiliate
WeWork is in talks to buy around 70% of WeWork India at a valuation of about $2.75 billion, said the report.
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OYO in tallks to raise $1 Bn at doubled valuation of $10 Bn
OYO Rooms is in talks with existing and new investors to raise another $1 billion. But what is more important here, is that it is scouting to double its valuation for the round to $10 billion. Read More
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- Japanese VC Akatsuki Entertainment Technology Fund is reportedly planning to make an average of $500K investments in five early-stage regional language startups in India.
- Agri-focused accelerator and investor Pioneering Ventures launched its Rural India Impact Fund, with a targeted corpus of $70 Mn.
- Artha Venture Fund announced the second close of its first fund which now brings the total amount raised to over $14 Mn against the expected $29 Mn target for the fund overall.
- Gurugram-headquartered hyperlocal delivery startup Milkbasket has announced that it is investing $2 Mn to scale its fresh fruits and vegetable category.
- Gurugram-based GroMo has raised $577K seed funding by Ramakant Sharma, co-founder, Livspace and Utsav Somani of AngelList India as well as other prominent angel investors.
- Car and bike rental startup Drivezy and self-drive car rental company Zoomcar are in initial talks for an equal merger, with a share swap deal.
- An interactive platform to connect with avid readers in real time Vowelor has raised $143K in a pre-series A round led by angel investor Dr. Sanjeev Juneja.