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New Investors leading the round include TR Capital, Trifecta Capital and Amara Partners with existing investors TPG Rise Fund, Norwest Ventures Partners, Eight Roads Ventures and Chiratae Ventures also participating
Kumar joining Nexus Venture Partners adds to a long list of top personnel changes at venture firms in India over the last 8-10 months. He was previously at startup accelerator Y Combinator and had also founded Supr Daily along with Shreyas Nagdawane and Rohit Jain.
Softbank-backed Oyo, operated by Oravel Stays Ltd, has withdrawn its preliminary IPO documents again, causing delay in its plans to list on the bourses. Meanwhile, ......
Several startups that turned to venture debt to ease their liquidity concerns until their next fundraising are now seeking extensions for repaying those loans
Stride Ventures closed a $165 million third fund, supported by various entities. The fund focuses on consumer and financial services sectors, with Apoorva Sharma explaining the adjustment from the initial $200 million target.