Funding Friday: BookMyShow Powers AtomX & Business Leaders Parking Funds in Startups

Stay tuned to get every day updates in 60 seconds
Entrepreneur Staff
Former Features Writer
1 min read

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

After some exciting investments last week, the funding business remained light this week. Nonetheless, some small yet relevant transactions caught the limelight and you should know about it.

1. India is well on its way to become a cashless economy. In a bid to unify online and offline payments, online booking platform BookMyShow has parked an undisclosed amount into the payments company, AtomX.

2. Binny Bansal is upping his funding game. Soon after cutting a cheque for SigTuple, the Flipkart co-founder has led the $3 million funding round for supply chain management startup INCREFF.

3. Handholding enterprising startups financially has become a hobby for business leaders. Former Coffee Day CEO Naresh Malhotra has led a $2.5 million Pre-series A round of funding for transportation startup, Routematic.

4. Too much wealth brings responsibility and ultimately, business for wealth advisors. Digital investment advisor, Kuvera has raised $4.5 million in Series A funding to support its expansion plans.

Here's the "news that entrepreneurs can use". Know what's trending in the Indian business world in 60 seconds.

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Starting, buying, or growing your small business shouldn’t be hard. Guidant Financial works to make financing easy for current and aspiring small business owners by providing custom funding solutions, financing education, and more.

Latest on Entrepreneur

Entrepreneur Media, Inc. values your privacy. In order to understand how people use our site generally, and to create more valuable experiences for you, we may collect data about your use of this site (both directly and through our partners). By continuing to use this site, you are agreeing to the use of that data. For more information on our data policies, please visit our Privacy Policy.