Bengaluru-based Goodera, a CSR Lifecycle Management platform that connects companies with non-profit organisations (NPOs), has raised $5.5 million in a series A round led by Nexus Ventures.
With ecommerce spend beginning to hit critical mass, government of India plans to make online shopping a part of the national economic data base
While Snapdeal acquisition by Flipkart appears to be in the last leg, a media report hint that it won’t be smooth owing to Foreign Exchange Management Act (FEMA) regulation.
Flipkart is all set to launch an app that can be used for everything from booking a cab or ordering food to planing a travel
HyperTrack, a platform that helps businesses by providing them a ‘track and trace’ service for their local deliveries in real time, has raised $7 million in a Series A round led by Nexus Venture Partners and Founders Fund
Mumbai based Vista Rooms has raised $776,000 (Approx Rs 5 crore) from Google’s Rajan Anandan and Freshworks’ CEO Girish Mathrubootham. The deal also includes a clutch of investors like Artha India Ventures and online funding platform LetsVenture.
Fireside Ventures has secured venture capital fund from some of Indias top businesses, including promoter Azim Premji's PremjiInvest, consumer goods maker Marico's Mariwalas and RP-Sanjiv Goenka Group, a Bengaluru based startup run by AIBoxx Solutions Pvt. Ltd, has raised $500k from Unicorn India Ventures and a group of angel investors including Venky Krishnakumar, Suresh Shankar and Vivek Bhargava.
Redcliffe Hygiene, earlier known as SafetyKart Retail, has raised $1 million from a group of investors, including Mumbai-based Venture Catalyst, Alfa Capital, Green Shots Capital and Real Time Ventures
Online insurance brokerage company Coverfox has raised $15 million (Approx Rs 96 crore ) led by US insurer Transamerica and its existing investors
Lendingkart Finance, a part of Lendingkart Group and an NBFC that underwrites loans, has raised a debt of Rs 50 crore from Yes Bank Ltd
Alibaba cloud has announced to establish two new data centres in Mumbai and Jakarta, Indonesia. With this Alibaba Cloud gears to significantly increase its computing resources in Asia.
In the ever growing market of mobile and technology, digital transformation will continue to drive increase in numbers of internet users, video traffic and networked devices in India.
In a bid to reach out to more companies in upcoming months, Tech focussed VC firm IDG Ventures, Unilever Ventures and Amazon Internet Services Pvt. Ltd (AISPL) join hands to invest in early stage start-ups in the field of technology.
Bengaluru-based LoanMeet, a digital lending platform, has raised an undisclosed amount of seed funding from Chinese investors and entrepreneurs Cao Yibin and Huang Wei, and MadhuSudan, CEO of KrazyBee
With his net worth climbing $2.8 billion overnight and $8.5 billion this year, Alibaba's Jack Ma has now become richest person in Asia and 14th wealthiest in the world.
Flipkart is all set to enter and build new business in the sector. India's largest marketplace plans to hire executive from Silicon Valley to assist the business.
Artha India venture is launching its own fund to invest in early stage startups in fledgling Indian startup ecosystem.
In a major plan to push its digital media business, Zee Entertainment Enterprises Ltd will acquire 49 per cent stake in Webportal Pvt. Ltd and 12.5 per cent stake in a Bangalore-based tech startup Tagos Design Innovations Pvt. Ltd
In bid to make iVOOMi most known brand in the world, Chinese electronic firm has announced to invest Rs 250 crore in India.
Health tech startups Multiplier Solutions and ABI Health have raised $1.5Mn each from Norwest Venture Partners. The primary objective of the investment is to merge the Hyderabad-based Multiplier Solutions and Bengaluru-headquartered ABI Health.
Amazon India owned -- Amazon Transportation Services (ATS) has received Rs 207 crore from Amazon Corporate Holding Singapore and Amazon Malaysia
Stockal Software Private Ltd, an app based investment advisory service, has raised $350,000 from its existing investors. This is the second round of funding for the Bengaluru based company, reported VCCircle.
Coursera, an online education platform, has secured $64 million in a series D funding round from its existing investors. The latest round of investment came from GSV Asset Management, NEA, and KPCB, the company said in a statement.
Eric Alexander, head of Uber’s Asia Pacific business, is no longer with the company amidst reports that he secured medical records of the woman who was raped by an Uber driver in Delhi in December 2014
A case of mix-up and confusion has led to the rebranding of one of India’s most well-funded and valuable Software as a Service (SaaS) start-ups, Freshdesk Inc
Gurugarm based Roofpik, a real estate and broker review platform has acquired Shoppist in a cash and stock deal
Founder of Paytm, Vijay Shekhar Sharma is reportedly buying his dream home in Delhi lutyens’ zone. Sharma sets to buy Rs 82 crore worth residential property at New Delhi's Golf Links.
Venture capital (VC) firm Lightbox may raise a new fund next year after completing the last few investments from its current fund
Growfitter, a health and fitness discovery platform, has raised $600,000 in its pre-Series A funding round from San Francisco-based venture capital firm SQue Capital
Internet companies are rushing to name Bollywood stars as their brand ambassadors. Now, online food delivery company Foodpanda has named Shah Rukh Khan as its brand ambassador
DEN Network is exiting from TV commerce business to focus on cable and broadband segments by selling its entire stake in Macro Commerce Pvt Ltd.
Mumbai-based financial technology platform ftcash has raised an undisclosed amount of funding in a pre-Series A round from venture capital firms IvyCap Ventures and 500 Startups
Myntra, fashion retailer owned by Flipkart, as part of its brand accelerator programme has teid up with two women's apparel brands- western wear brand Chemistry and ethnic wear brand AKS
Gurgaon-based Spinny, which operates in the pre-owned car segment, has raised $1.2 million in a seed funding round led by Blume Ventures, Indian Angel Network and FreeCharge co-founders Kunal Shah and Sandeep Tandon
After Awfis secured mega round of $20 million, Bengaluru based BHIVE Workspace has raised $1.2 million in a fresh round led by Blume Ventures
Uber announced it has helped save 9,36,000 lites of petrol and reduce 2622 metric tonnes of carbon emissions
Alibaba Pictures, an affiliate of Alibaba Group has acquired a majority stake in online ticketing platform, TicketNew for an undisclosed amount
Goomo, an online travel and holiday booking platform, has raised raised $50 million (Rs 321.6 crore) from Mauritius-based private equity firm Emerging India
Silicon Valley venture capital firm Sequoia Capital has raised $125 million to the fund. The investment will take its overall corpus to over $850 million
Bitcoin startup Coinbase is in talks with investors on raising new round of funding at a valuation of more than $1 billion
US-based Sequoia Capital has raised $4 billion in funding to further utilize it in various funds, according to SEC fillings released yesterday
The managerial movement is continuing in Flipkart. Two days after Flipkart’s chief operating officer Nitin Seth resignation, the company’s two senior executives have also resigned from the company
Private equity firm KKR & Co. has raised $9.3 billion for its investments in Asia Pacific region, under fund name KKR Asian Fund III
Amazon Technology has reportedly filed a patent for propeller technology to ensure that automated aerial vehicles (AAVs, aka drones) don't hit humans or animals while carrying packages
Whatsapp, a US-based messaging app, has once again become the most downloaded application on Google Play Store in a country of 1.3 billion citizens, whereas Truecaller out ran Facebook
Flipkart is in talks with a clutch of digital lending startups to offer financial products
Digital Media firm ValueFirst has acquired Octane, a marketing technology firm based out of New Delhi. It was a cash-and-stock deal, however the amount involved in the deal remains undisclosed. According to the company statement, Valuefirst will keep the Octane...
Infibeam Incorporation Limited, India’s first listed e-commerce company, today reported growth of 396 per cent, clocking a profit of Rs 435 million in FY17
From June last year to March this year, the volume of wireless broadband data consumed by Indians has risen sharply between 200 million GB and 1.3 billion GB a month, as per the Internet Trends Report 2017