Viestories

A group of thirty angel investors, including Leo Puri, chairman of JP Morgan India, Pankaj Sahni, CEO of Medanta Group of Hospitals, Bahram Vakil, founding partner of AZB & Partners, and Nikhil Mohta, director of ICICI private equity, invested $1 million to Centa, an edtech firm that links teacher accreditation.

Major coworking company WeWork India announced on Thursday that it had leased 2.72 lakh square feet of office space in Hyderabad and Bengaluru in order to launch two additional locations with roughly 4,000 desks each.

Deepak Aneja has been elevated to Chief Delivery Officer (CDO) status by RateGain Travel Technologies Limited, a worldwide supplier of SaaS solutions for the travel and hospitality industries.

D2C brand, Happy Nature that delivers direct-to-customer farm fresh milk, dairy and breakfast essential products, has raised $300,000 in a pre- series A funding round led by IPV.

Medical technology platform Inito has secured $6 mn in a Series A funding round led by Fireside Ventures.

Paytm partnered with global travel technology company Amadeus. Under this collaboration, for the next three years, Paytm will integrate Amadeus’s expansive travel platform, enhancing the travellers’ experience from search to booking, and payments.

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A seed fundraising round led by Lightspeed Venture Partners secured $18 million for Keychain, the manufacturing network for the packaged products market.

Instamojo, the payouts and aggregator function will be carried out in collaboration with additional payment aggregators that hold licences. Following the Reserve Bank of India's denial of its application for a licence to function as a payment aggregator, the action was taken.