InnoVen Capital: News

11 Feb 2020

Tiger Global

Tea cafe chain Chaayos raises $21.5 million funding

Chaayos, a technology-led cafe chain which sells a variety of tea and snacks, has raised $21.5 million in a mix of equity and debt funding round led by Think Investment.

04 Jan 2020


Logistics start-up XpressBees raises $10 million from Alibaba

Pune-based XpressBees has raised $10 million in funding from existing investor Alibaba, according to regulatory filings of the company.

25 Sep 2018


Bounce raises $3 million from venture debt firm InnoVen Capital

Two-wheeler rental service provider Bounce today said it has raised $3 million from leading venture debt firm, InnoVen Capital.

11 Apr 2017


Stayzilla founder Yogi finally gets bail

Stayzilla founder Yogendra Vasupal, arrested last month for alleged fraud, has been granted bail by the Madras HC. He will have to deposit Rs. 40L within a week "to establish bonafide intentions".

29 Mar 2017


Verlinvest invests $30mn in education tech start-up Byju

Byju's, one of the few education technology start-ups that have scaled majorly in the last 1.5 years, has raised $30mn from Brussels-based Verlinvest.

15 Mar 2017


A month after shutting down, start-up Stayzilla's CEO arrested

Yogendra Vasupal, the CEO of Stayzilla has been arrested by Chennai police and locked up in Puzhal prison.

24 Feb 2017


Stayzilla shuts down, may reboot with different model

Chennai-based online homestay and alternative stay aggregator Stayzilla has announced the suspension of operations, even as India's e-commerce sector is fighting to survive.

09 Sep 2016


Byju's raises $50 million from Chan Zuckerberg Foundation, Sequoia, others

Indian education company Byju's, run by Think and Learn Pvt Ltd, said it raised a whopping $50 million from existing investors and the Chan Zuckerberg Initiative.

03 Aug 2016


HealthKart raises over Rs.80 crore from Sequoia, Kae Capital

HealthKart reportedly raised Rs.80 crore from existing investors Sequoia Capital and Kae Capital, along with other investors in a Series E funding round, according to documents with the Registrar of Companies.