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Hoopla And Hubris: Why Indian Startups Are Coming Undone

Hoopla And Hubris: Why Indian Startups Are Coming Undone
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Xpedeon raises Series A funding from Norwest Venture Partners

Mumbai (Maharashtra) [India], December 20 (ANI/PRNewswire): Xpedeon, a vertical cloud-based software platform (SaaS) for the Engineering and Construction industry announced that it has closed a funding round from Norwest Venture Partners.

Foundation Launching its Largest Natural History Study to Date for 1,500 People with Inherited Retinal Diseases Caused by Rare Mutated Genes

EarlySalary raises Series D Funding of USD 110 million led by TPG s The Rise Fund and Norwest Venture Partners

Pune (Maharashtar) [India], August 30 (ANI/BusinessWire India): India's largest consumer lending fintech, EarlySalary, has closed its series D funding round of USD 110 million led by TPG's The Rise Fund and Norwest Venture Partners. Existing investor Piramal Capital & Housing Finance Limited also participated in the round. This is EarlySalary's largest fund raise to date, following the company's last financing round in 2019. The company had raised USD 34 million in previous rounds from Eight Roads, Chiratae Ventures, Piramal Capital & Housing Finance Limited and angel investors. The latest investment will enable EarlySalary to grow its business significantly in the next 24 months. The series D round of USD 110 million includes a secondary sale. Unitus Capital acted as the exclusive advisor for the transaction. Founded in Pune in 2015, EarlySalary provides accessible financial lending solutions of up to Rs. 5 lakhs to working professionals. The company expanded i

Vastu Housing Finance appoints veteran banker Vishu Ramachandran as Independent Director

Mumbai (Maharashtra) [India], August 17 (ANI/BusinessWire India): Vastu Housing Finance Corporation Limited, one of the country's leading digital-first housing finance companies has announced the appointment of Vishu Ramachandran on its Board as an Independent Director. Ramachandran is a globally acclaimed banker with hands-on experience in retail banking, risk management, operations, digital transformations, strategy, and corporate finance. He has worked for more than 35 years at Standard Chartered Bank in significant leadership roles and has been at the forefront of building the bank's franchise across Asia, the Middle East, and the African region. He is currently serving as a Non-Executive Board Member, Chairman of Board Risk Committee, Member of Audit Committee at Standard Chartered Bank Singapore Ltd. (SCBSL), and as the Board Chairman at Go Pik Connect Private Limited. Ramachandran is a Chartered Accountant from the Institute of Chartered Accountants of India and a gradua

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