Matrix Partners India today announced that it has acquired a significant minority stake in WeAreHolidays, India’s leading online marketplace for booking customized holiday packages. Matrix Partners India along with the existing angel investors Blume Ventures and GSF Superangel Investors, co-invested in this round of equity funding for the Company. WeAreHolidays will use the funds to grow its business and deepen its technology and analytics expertise.

Indians travelling overseas for leisure alone is a $5 to $7 Billion market and is growing at 40% annually. 10% of this comprises complex customized holidays, a segment which is growing much faster than Read more

WeareHolidays raises investments from Matrix Partners India


 

 

 

Bangalore-based digital CRM firm Vizury today announced a $16 million Series C funding round led by Intel Capital with participation from Ascent Capital and existing investors, Nokia Growth Partners and Inventus Capital. This brings the total funds raised by Vizury to $27 million; Ojas Ventures had participated in the two earlier rounds.

Chetan Kulkarni, co-founder and CEO, Vizury said, “The funds will be used to drive product innovation on our mobile and cross-channel propositions and to scale operations in existing markets, especially in China, Japan, LATAM, Middle East and Korea. We are also evaluating our options of … Read more

Vizury raises $16M led by Intel Capital and Ascent Capital


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Schedulers Logistics, a fast growing startup in cold chain logistics space has raised Rs 14Cr investments from George Soros Economic Fund backed Aspada Investments.

Its a proud moment for vcBytes as well since vcBytes was the sole advisor for Schedulers Logistics and closed this transaction.

Schedulers logistics is based out of Navi Mumbai and founded by Col. Arvind Gangoly and Akshay Sharma in 2012. Schedulers logistics is an integrated cold-chain trucking operator that provides end-to-end cold storage and secondary distribution for India’s fresh fruit & vegetable, food processing, and pharmaceutical industries.

Last week we have covered … Read more

Schedulers Logistics raises Rs 14Cr from Aspada Investments



 

In this  ”Walk the Talk with an Entrepreneur” session I am presenting to you an interview with Col. Arvind Gangoly, Cofounder & CEO of Scheduler logistics, a fast growing cold chain logistics startup.

Col. Arvind Gangoly

a)     What made you to start your company, briefly tell us about your and your cofounder background.

Akshay Sharma founded this company in late 2011,  to operate as a niche Temperature Controlled Logistics player based on his rich experience in this field. He was earlier with Sembwan Shriram and Triton Cold Chain Logistics  . We were colleagues in Foodland Retail and both of … Read more

Walk the Talk with an Entrepreneur – Col. Arvind Gangoly


 

 

LimeRoad, India’s largest online social discovery platform for women, today announced that it has raised a Series B round of USD 15 Million led by Tiger Global, with participation from existing investors Lightspeed Venture Partners and Matrix Partners India.
The investment will help LimeRoad accelerate towards its mission of becoming the most delightful lifestyle discovery platform for women in the country, and comes on the back of LimeRoad’s launch of its ‘one-of-a-kind’ Android mobile app.

Suchi Mukherjee, Founder and CEO, LimeRoad, said: “We are revolutionizing the way lifestyle products are discovered and ultimately bought online in Read more

Limeroad raises $15M led by Tiger Global