Startup

Lenskart’s Power Shuffle: INDmoney’s Ashish Kashyap and PaySense’s Sayali Karanjkar Join Board as SoftBank’s Sumer Juneja Steps Down

Lenskart, the $6.1 billion eyewear giant gearing up for its IPO, has just made a major move in its boardroom — and it’s raising eyebrows across the Indian startup world. SoftBank’s Sumer Juneja has officially stepped down from the board, while two new heavy-hitters are stepping in: Ashish Kashyap, founder of INDmoney and former CEO of Ibibo Group, and Sayali Karanjkar, co-founder of digital…
Read more
BusinessNews

Klub has raised $20 Mn in seed round

Klub has raised $20 million of every one of the largest seed adjusts raised by a startup from India. The subsidizing round saw cooperation from existing investors 9Unicorns, Sequoia’s Surge alongside Alter Global and GMO VenturePartners. As per Entrackr’s sources, Klub has raised $10 million in equity and $10 million in debt. Klub plans to utilize the money to expand its team, item offerings…
Read more
BusinessNews

Klub has brought $20 million up in seed round

Klub has brought $20 million up in one of the biggest seed adjusts raised by a startup from India. The financing round saw cooperation from existing investors 9Unicorns, Sequoia’s Surge alongside Alter Global and GMO VenturePartners. As per Entrackr’s sources, Klub has brought $10 million up in value and $10 million in the red. Klub plans to use the cash-flow to expand its group, item…
Read more