Nexus Venture Partners, India’s leading venture capital fund, announced the closing of Nexus Ventures IV Ltd with committed capital of over $450 million! This, brings total capital under management to over $1 billion. Nexus works with visionary entrepreneurs building market leading companies serving Indian or global markets and its investments cover a broad range of […]
The amount of 500 million dollars in funding was invested in Snapdeal, one of India’s biggest e-commerce companies, from Alibaba, Foxconn and SoftBank. The new investment will allow Snapdeal to manage more efficiently its battle with Flipkart and Amazon India for the biggest market share of India’s $6,3 billion e-commerce market!
The amount of 16 million dollars was invested from Sequoia Capital at Akosha, a messaging platform that connects customers directly to businesses. With the new capital, the Indian startup plans to hire 200 new software engineers and product managers in order to improve its technology to handle hundreds of customer chats at a time. It […]