Category: Nandan Nilekani
Investors, startup founders in India pool $13M to fund projects that fight coronavirus
More than 150 investors and entrepreneurs in India are funding dozens of projects in a bid to help millions better combat the COVID-19 epidemic and help the nation’s booming startup ecosystem withstand the economic devastation the pandemic has caused. The investors said they have contributed 1 billion Indian rupees —…
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Mobile payments firms in India are now scrambling to make money
Vijay Shekhar Sharma, founder and chief executive of India’s most valuable startup, Paytm, posed an existential question in a recent press conference. “What do you think of the commercial model for digital mobile payments. How do we make money?” Sharma asked Nandan Nilekani, one of the key architects of the…
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India’s Spinny raises $43.7M to expand its online platform for selling used cars
Spinny, an online platform for selling used cars, has secured $43.7 million from a cohort of influential investors in a new financing round as it looks to expand to more Indian cities. The Series B financing round for the Gurgaon-based startup was led by the Fundamentum Partnership, the growth-capital fund…
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