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Showing posts from January, 2018

BookMyShow in advance talks to raise over Rs 300 crore from TPG Growth

Like many retired professional athletes, former pro lacrosse player Drew Westervelt wanted to remain involved in sports. But rather than seeking a television career like a Michael Strahan or a developing gear like Michael Phelps, Westervelt hoped to tackle a particular problem in the athletic world: smelly workout clothes. It’s no longer just Lululemon that sells premium yoga pants; designer activewear and athleisure lines are soaring to popularity and have made their way into our everyday wardrobe. In fact, 60 percent of our laundry is now made of synthetic fabrics. But it’s these materials that Westervelt found created a lingering stink. So, he decided to develop his formula and take on the 5 billion dollar U.S. laundry detergent industry that’s dominated by traditional detergents.   HEX Performance   launched in spring 2016 and claims to be the “biggest breakthrough in laundry cleaning in decades.” Westervelt was so sure of his product; he bet on it with one of his fi...

GoBloom - Angel Investor for Startups

Invest in startups is today’s trend. Investing in early-stage by startup investors is truly an art and like leading Venture Capital firm First Round puts it, “there’s no such thing as a formula for success. However, for some, startup funding has proven to work astonishingly well. Many individuals are finding this a completely essential monetary move for generating the returns and results they desire. So what are the specific advantages for startup investors ? How can you invest in startups too? This platform has the information of investors who invested at least once and startups should have already raised funds once. Also investors can follow startups while startups can follow investors. Go Bloom is intended to help users to look for data about organizations and offers a basic future-confirmation solution that enables associations to get noteworthy experiences and business results rapidly. This platform gives data of various ranges. Innovation and instruments...

Idea Cellular to raise Rs. 3,250 cr from promoter group via pref. issue

Idea Cellular to raise Rs. 3,250 cr from promoter group via pref. issue Idea Cellular board today approved raising of about Rs. 3,250 crore from the entities under the promoter Aditya Birla Group through issuance of 32.66 crore equity shares on a preferential basis. The board has formed a panel to evaluate potential routes for raising further capital of up to Rs. 3,500 crore. “The board of directors of Idea Cellular Ltd (Idea) today approved issuance of about 326.6 million equity shares, face value of Rs. 10 per share, at a price of Rs. 99.50 per share (in accordance with SEBI ICDR Regulations) on a preferential basis,” the statement said. The shares will be issued to entities under Aditya Birla Group — Birla TMT Holdings Pvt Ltd, Elaine Investments Pte Ltd (Singapore), Oriana Investments Pte Ltd (Singapore), Surya Kiran Investments Pte Ltd (Singapore), the statement said. “The aggregate capital infusion will be of Rs. 3,250 crore,” the statement said. ...

GoBloom - Startup Funding Ideas and Investor Relations

About Go Bloom This platform has the information of investors who invested at least once and startups should have already raised funds once. Also investors can follow startups while startups can follow investors. Go Bloom is intended to help users to look for data about organizations and offers a basic future-confirmation solution that enables associations to get noteworthy experiences and business results rapidly. This platform gives data of various ranges. Innovation and instruments exist today to gather, dissect and follow up on a gigantic measure of information from an assortment of sources and in various structures. How Go Bloom works? To know about startups, under companies section you can view the start up profiles, their competition, size, revenue and market position. Go Bloom gives you everything that you want to know about a business. You will find it all at your finger tips. You can even follow your desire startups. Go Bloom provides you with the...