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Venture Capital | 17 October 2012

Instamojo Raises Funds From DaveMcClure's 500 Startups

by Sushil Surana
 
@Hemant_Kaul

Instamojo has raised an undisclosed amount of funds from DaveMcClure’s @500_Startups, according to Medianama.

In July, Angel Investors Rajan Anandan and Sunil Kalra invested in Instamojo, for further development of the portal.

Founded by Aditya Sengupta, Akash Gehani, Harshad Sharma and Sampad Swain, Instamojo is a tech startup which provides solution that lets you give away your stuff by sharing unique links.

It allows users to buy & sell digital files like reports, code, documents, photos, templates, tutorials, music, videos, and offer physical goods for free.

Ex-Bain And TPG Backed Retailer - Lilliput Plans To Raise Fresh Funds

Kidswear maker, Lilliput is planning to raise around R300 Cr for expansion, BS stated.

Read More...

La Opala To Raise Funds From WestBridge

La Opala RG Limited is raising INR 552.7 Mn by issuing 5,02,468 Equity Shares at a unit price of INR 1,100 on preferential basis to WestBridge Crossover Fund, LLC. Post the issue which is pending for shareholder consent, Westbridge will hold 4.53% stake in the company.

Read More...
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