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Synopsis Sequoia s Surge startup accelerator has made early-stage investment space very competitive for Indian funds such as Blume Ventures, India Quotient and Orios Venture Partners. ETMarkets.com Rajan Anandan, managing director, Sequoia India. The Surge startup accelerator typically invests $1-2 million in each startup, while other investors also put in funds. Bengaluru: As early-stage investments continue to see increased action in India, venture capital firm Sequoia s Surge accelerator programme has chosen 13 Indian companies for its fifth batch. In its previous batch, Sequoia Surge had a dozen startups from India. The latest batch has 23 companies spread across India, southeast Asia and Hong Kong, which have raised $55 million in total from Surge and other co-investors. ....
Grofers, Zomato and the big online grocery battle Want this newsletter delievered to your inbox? SUBSCRIBE Thank you for subscribing to Morning Dispatch We ll soon meet in your inbox. / Morning Dispatch Grofers is the latest beneficiary of the boom in online grocery deliveries. The company is set to become the latest Indian startup unicorn after raising $120 million from Zomato and Also in this letter: HC to hear Twitter India MD’s petition next week Sequoia picks 13 Indian startups to accelerate E-grocery sweepstake E-grocer Grofers has signed a deal with Zomato and Tiger Global to raise $120 million, sources have told us. We were the first to report on May 7 that Zomato was in talks to invest $100 million in Grofers at a $1-billion valuation. ....
Sequoia Capital India's Surge Invests $55 Mn In 5th Cohort inc42.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inc42.com Daily Mail and Mail on Sunday newspapers.
India Quotient raises $64 million for fourth fund indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.