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Fireside Ventures Announces First Close of Rs 180 Cr; RAIN to Raise Rs 100 Cr & More

3. Rajasthan Angel Investor Network (RAIN) is planning to launch a Rs 100 crore ($15.6 million) fund early next year and will focus on early stage or idea stage companies. Currently RAIN is looking at more SaaS and IOT based products and solutions for the masses and rural India. Incorporated in 2011, Jaipur-based RAIN provides early stage capital and mentoring services to companies in the region. It seeks to invest in services and technology sectors focusing on consumer internet, application, IT, as well as participate in follow-on rounds of its portfolio companies, reported DealStreetAsia. 4. Ahmedabad-headquartered SME lending startup Lendingkart Finance Limited has raised about $7.7 million (Rs 50 CR) debt funding from YES Bank. The startup will use the recently raised funds to further expand its reach to SMEs operating in Tier 3 and below cities facing a lack of formal credit facilities. Lendingkart was founded in 2014 by ex-banker and ISB Hyderabad alumnus, Harshvardhan Lunia and former ISRO scientist, IIM Bangalore alumnus, Mukul Sachan. Tata Motors-owned Britain carmaker Jaguar Land Rover is investing $25 million into Uber rival Lyft to help the ride-hailing business expand and develop technologies for self-driving cars. The investment was made through Jaguar Land Rover's mobility services business InMotion Ventures that focuses on autonomous cars and other technology. As part of the investment, Jaguar Land Rover has agreed to supply a fleet of its vehicles including Jaguar and Land Rover cars, reported ET.

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Tods Taps Tattoo Artist to Customize Brands Double T Bag

The generously-inked Hunjan said some parts of the process are similar to human tattooing. “I even use Vaseline to lubricate the skin to help the needle penetrate a bit more,” said the tattooist, who also appears in a short film — starring Suki Waterhouse — created to mark the collaboration. On Friday at the store, Hunjan was working alongside Fabrizio Vita, a craftsman from the Tod’s factory near Ancona, Italy, who was patiently sealing the seams of bags with a small paint brush. “They’re from two different worlds — he’s from the middle of Italy, she’s from London — but they’re both specialized in hand craftsmanship,” Della Valle added. The Double T bags are limited-edition, and will go on display in Tod’s stores worldwide. The company also plans to issue a more commercial version of the bags for resort. Those bags set to land in stores in December. During an event at the newly refurbished Tod’s store on Thursday night, Waterhouse said she has no intention of getting a tattoo. “I just haven’t ever found anything that I wanted to tattoo on me,” she said.

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