Agri startup Utkal Tubers has raised $4.6 Mn (INR 30 Cr) from CapAleph Indian Millennium SME Fund and Zephyr Peacock India Fund. The early-stage startup, a potato seeds company, completed a year of operation in March 2017, producing 1,000 tonnes of potato seeds last year. This year it is targeting 5,000 tonnes. The startup proposes to scale up the availability of local […]
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From the tulip mania in the 17th century to the global financial crisis of the last decade, investment bubbles can have devastating consequences such as economic recessions and job losses. But there have been instances where financial bubbles have had long-lasting positive economic impact. For instance, the tech bubble in the late 90’s resulted in […]
Ready-to-cook foodtech startup Fingerlix has reportedly raised $7 Mn (INR 45 Cr) from venture capital firm, Accel Partners. Existing backer Zephyr Peacock also participated in the startup’s third institutional funding round. According to sources, the newly-secured financing will allow Fingerlix to expand its geographical reach beyond Mumbai, Pune and NCR. The investment will be used to enter […]
A focus on the domestic market will also protect Indian businesses against future global economic crises,which may reoccur due to high debt levels and zero-interest monetary regimes Globalization has been on the ascent since the collapse of the Berlin Wall, with the free flow of trade and capital benefiting both the developing and the developed […]
Washington DC and Bangalore-based fintech company MPOWER Financing, which facilitates funding solutions for international students pursuing higher education in the US universities, has raised $6 million (nearly Rs40 crore) in funding. The round was led by private equity firm Zephyr Peacock India. Other investors including University Ventures, 1776 Ventures, Goal Structured Solutions, VilCap Investments and […]
Sri Lanka can easily be a regional economic champion and there is no reason why the island cannot be another Singapore soon, Zephyr Management USA, President and Chief Executive Officer Thomas C. Barry said. Speaking at an event in NDB bank yesterday, Barry who created this investment management company in 1994 said that one of […]
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