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

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E-Commerce business focused on groceries are back in focus with few companies tying up funding recently. Although investors were wary about online stores, but that sentiment has changed. Bangalore witnessed the launch of Toptomato, founded by the alumnus of IIT KGP.

Toptomato.in is an online platform for ordering all household items in a simple and convenient manner. They have over 6000+ products in their portfolio spanning the FMCG segments of food, personal care and household care items. They also have highly customized delivery solutions to take care of the preferences of customers in the best possible way. Toptomato.in … Read more

TopTomato – online grocery store

Snapdeal.com, the biggest deals & discount internet company in India has closed $40M as series B investment led by Bessemer Ventures and existing investors Nexus Venture Partners and IndoUS Ventures also participated in this round. As per Kunal Bahl, Founder & CEO of Snapdeal this investment seems to be the largest Venture capital infusion in an internet company in a single round.

Interestingly Snapdeal has raised $12M in the month of January fron Nexus Venture Partners and IndoUS Ventures, thus total investment raised by Snapdeal has touched $52M. Earlier it was reported by Economic Times that Snapdeal is in … Read more

Snapdeal raises $40M led by Bessemer Ventures

BigshoeBazaar, an online wholesaler and retailer of shoes, apparels etc has closed its series B round of investment of $9M from Narayanmurthy floated Catamaran Ventures and Nexus Venture Partners. The deal was almost done after BigshoeBazaar raised its series A investment.

With this new investment Catamaran Ventures has picked up 13 per cent stake in the online firm for Rs 26 crore, Nexus Venture Partners has picked up 7 per cent stake for Rs 14 crore. The funds will be used to strengthen supply chain and setting up warehouses to support growth at the front-end,” Bigshoebazaar India Co-founder Manmohan Agarwal Read more

BigShoeBazaar raises $9M from Catamaran and Nexus

Exclusively.in, a private flash sale site has raised $16M from Tiger global, Accel partners India and Helion Venture Partners.  As of now the company has been targeting NRIs living in US and sells Indian attires such as saris, tunics, jewelry and very traditional wedding gowns etc.

Exclusively.in plans to utilize the fund in expanding their distribution network, doubling its workforce. Exclusively.in plans to become an international player in this space and will expand its flash sale site to 50 countries, 30 countries will be covered by this year end. Their deliveries will start to UK from the mid week … Read more

Exclusively.in raises $16M