Broadband India Forum

Web 2.0 & Services => Technology => Topic started by: wiredlife on March 03, 2017, 11:42:48 AM

Title: VC/PE Funding Activity in February 2017
Post by: wiredlife on March 03, 2017, 11:42:48 AM
The total VC/PE funding to internet companies in Feb-17 was US$161mn. The year-on-year activity saw a dip of 33%. As was the case in January, large (US$100mn+) funding rounds were missing and led to a decline in overall funds raised on yoy basis although the number of deals was healthy relative to last year.

Name of the Company / Category / Funding in USD Million - is as below.

CarTrade Auto classified 55
Paytm* Payment solutions 33
Urban Ladder Online furniture retailer 15
True Balance Mobile balance management 15
Travel Triangle Marketplace for Tours 10
Wooplr Fashion discovery 8
ZestMoney Payment solutions 7
Voonik Fashion etailer 6
Truebil Auto classified 3
Botworx Tech Services to E-Commerce 3
YourStory News platform for Startups 3
Capitalfloat Online lending platform 3
Wandertrails Travel and Taxi 1
Mind Your Fleet Car Rental Undisclosed