IDG Ventures Will Soon Raise A Fund Of Rs 1,300 Crore

The investment firm plans to use the funds in increasing its footprint in the overseas market and reach out to both overseas and domestic investors. Ratan Tata had recently joined the firm’s advisory board, after which they approached 150 family offices and has received about 50% of the commitments.
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Tata Trusts Funds Rang De, The Micro Lending Platform

This initiative aims to offer an affordable micro-credit solutions to nearly a quarter of a million families, over the next five years. During the first year, Rang De a micro-lending platform will scale up the team and increase their crowd-funding network with an additional 12,000 social investors.
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Qustn Technologies raises a funding of Rs 2.6cr

Founded in October 2014, Capabiliti provides SaaS based service and helps in training and assessing their employees. The investors who led this round of funding include Snapdeal cofounders, Freshdesk founder. Google’s Rajan Anandan, Nasscom’s Ravi Gururaj among others also participated in the funding
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