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Kredent InfoEdge Private Ltd, Operator of India's StockEdge and Elearmarkets, Secures $1.34M+ from Kotak Securities, Others


Kredent InfoEdge Private Limited (KIPL), an entity that operates the Indian brands
StockEdge and
Elearnmarkets, has acquired growth capital of INR 10 Crore (appr. $1.35 million) from
Kotak Securities Ltd in order to expand their existing product capabilities while growing their user base.
This is reportedly the very first funding transaction that has been undertaken by Kotak Securities Limited (KSL). It comes as part of its
Start-Up Investment and Engagement Program.
The firm stated that it intends to use the proceeds to scale its e-learning and analytics platforms and will also update its data and technology.
At present, Kredent serves more than 2 million users and is currently looking to expand its user base to around 10 million. The company is focused on establishing an ecosystem that’s able to provide investors an end-to-end journey from learning (via elearnmarkets), research and data analytics (offered via StockEdge), collaboration (via Sto ....

Ramesh Damani , Shri Dinesh Agarwal , Vineet Patawari , Vivek Bajaj , Cyril Amarchand Mangaldas , Vinay Pagaria , Indian Fintech , Kotak Securities Ltd , Kredent Infoedge Private Limited , Engagement Program , Kotak Securities Limited , Startup Investment , Kotak Securities , New Indian Investor , Samyakth Capital , ரமேஷ் தமணி , திராட்சை படாவரி , விவேக் பஜாஜ் , சிரில் அமர்சந்த் மங்கல்தாஸ் , வினய் பாகரிய , இந்தியன் ஃபிண்டெக் , கோட்டக் பத்திரங்கள் லிமிடெட் , நிச்சயதார்த்தம் ப்ரோக்ர்யாம் , கோட்டக் பத்திரங்கள் வரையறுக்கப்பட்டவை , தொடக்க முதலீடு , கோட்டக் பத்திரங்கள் ,

[Weekly funding roundup] Venture investments begin on a tepid note for month of March


[Weekly funding roundup] Venture investments begin on a tepid note for month of March
Venture funding for first week of March was little under $50 million with lower number of deals, but debt financing was higher at $55 million
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The first week of March has not begun on a positive note for the Indian startup ecosystem with decline in venture funding when compared to the last week of February.
The week saw total venture funding of $49 million spread across 14 deals. This compared poorly with the last week of February, where the amount had touched $403 million.
Although, the positive highlight of the week was debt venture fund, which actually had a higher amount when compared to the equity funding. There were four debt deals during the week which garnered $55 million. ....

India General , Deepinder Goyal , Sanjiv Bajaj , Sujeet Kumar Srinivas Anumolu , Shashank Deshpande , Krish Kupathil , Creditease Fintech Investment Fund , Greenspring Associates , Eplane Company , Symbo Platform Holdings , Indian Gaming League , Anicut Angel Fund , Asia Environmental Partners , Sequoia Capital India , Integra Partners , Insignia Ventures , Euler Motors , Inventus India , Sujeet Kumar , Srinivas Anumolu , Growth Story , Venture Catalysts , Samyakth Capital , All Star Games , Play Ventures , Chiratae Ventures ,