Meet The Digital Banking Startup That Just Closed $4.9M And Came Out Of Stealth

New York’s Rho Business, which wants to create a digital business banking system for early-stage and high-growth startups, has raised a $4.9 million seed round led by Inspired Capital. In simple words, Rho wants to work as basic operational banking infrastructure for startups. What exists in the market today can prove a challenging fit for young companies. Founded by Everett…

Start-ups dominate private equity/venture capital deals space in 2016

Start-ups dominate eustan Ventures

Start-ups dominated deals in the private equity (PE) and venture capital (VC) space in 2016, making up some $2.5 billion in value and 70% in terms of transaction volume, according to the fifth edition of Grant Thornton in India’s The Fourth Wheel 2017 report. Despite the focus in the start-up ecosystem by PE and VC investors, the investment value in…