Significant Funding Arrives For Both Zomato & Swiggy
Indian food delivery companies, Zomato and Swiggy, have gained funding as much as $43 million (Rs 327.8 crore). These latest fundings have valued Zomato...
FinTech Startup Avail Finance Raises $17.2 Million From Matrix Partners, Ola...
Fintech startup, Avail Finance, has raised 17.2 million in an investment round led by Matrix Partners India, as reported by Financial Express. The Fintech startup...
Micromax Invests In Artificial Intelligence Startup One Labs
Micromax Informatics on 19 March had announced its investment in consumer technology and Artificial Intelligence (AI) startup One Labs, reported The Times of India. The...
Sachin Bansal Invests Rs 739 Crores in Microlender CRIDS, Becomes CEO
Nearly a year after leaving Flipkart, its co-founder Sachin Bansal has landed a full-time role with a company for the first time. Bansal, who...
Make My Trip Is Investing Into Bitla Software
India’s biggest online travel company Make My Trip, invested an undisclosed amount in Bangalore based Bitla Software which provides the bus travel management software...
China’s Shunwei Capital has raised $1.21 b
Shunwei Capital, Chinese early and growth stage venture capital fund has raised the largest funds at $1.21 billion, considering the total assets under the...
Delhi-Based Dessert Brand Startup Dezertfox In Talks To Raise Funds
Dezertfox, a startup for dessert brand based out of Delhi is in talks with investors to raise funds to help with their plans of...
FDI in food processing sector up 24% at $ 905 million...
FDI, Foreign Direct investment in the food processing sector has rose 24 percent in the financial year 2017-18 to $ 904.9 millions, states the...
IIFL buys controlling stake in KadaiEshwar Housing Finance
India Private Equity Fund has acquired nearly three fourth of the total share holding in the KadaiEshwar Housing Finance which is a non-banking finance company...
China’s Cycle Sharing Startup Ofo Bikes Considers India As Its Next...
China’s cycle-sharing startup Ofo has turned its eyes towards India considering it as a prospective market, as reported by MoneyControl. The company handles about...
Facebook Likely To buy 10% Stake In Reliance Jio
Social media giant Facebook is in talks to buy a multi-billion dollar stake in Mukesh Ambani's telecom and digital company "Reliance Jio."Facebook intends to...
India’s 1st Bitcoin ATM launched in Bangalore
The Kemp Fort Nall at Bangalore has a new ATM and the topic is in news because through ATM one cannot withdraw the cash...
Nilekani’s Venture Capital Fund Makes Its Maiden Investment In A Travel...
A growth-stage venture capital fund backed by Nandan Nilekani made its first investment in TravelTriangle, an online marketplace for holiday packages on 10 April,...
This Startup Raised $66 Million In 5 Days Using These Slides...
Front is a five-year-old startup that aims to change the way teams get work done. The startup makes a shared inbox app that lets...
Walmart Buys 77% Equity Stake in Flipkart for $16 Bn
In a mega deal in India's e-commerce space, global retail giant Walmart Inc on Wednesday announced it was buying 77 per cent equity stake...