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InnerChef Acquires EatonGo & Flavor Labs
Gurgaon-based food-tech startup InnerChef has acquired two startups in the food tech domain including Bangalore-based EatonGo and Gurgaon-based Flavour Labs. With the acquisition of Flavour Labs,...
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Uber Signs Pact With Haryana Government, To Invest $17.7 Mn
Cab-hailing app Uber has signed a memorandum of understanding (MoU) with the Haryana government wherein it will invest $17.7 Mn (INR 120 Cr) in technology-based ride-sharing services. Gagan Bhatia,...
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Tripoto Launches AI-Based Travel Assistance
Delhi-based online global travel community for travellers, Tripoto, has launched the beta version of the AI-based travel concierge by the name Tripoto.Ai. The platform is presently in beta stage. It is...
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Big Fish Ventures Raises $11 Mn From Angel Investors
Big Fish Ventures that runs premium dining lounges like the Junkyard Cafe, the Vault Cafe, among others has raised $11.1 Mn (INR 75 Cr) in the second round of funding from angel investors including...
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BookMyShow Acquires Fan Relationship Management Startup Fantain Sports
BigTree Entertainment Ltd, the company that owns online entertainment ticketing portal, BookMyShow, has acquired Chennai-based Fantain Sports, a startup that offers fan relationship management products...
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Muvizz.com Acquires Streaming Rights For ‘The Path of Zarathustra’
Mumbai-based startup, Muvizz.com, that provides a platform for those who appreciate quality cinema, has acquired streaming rights for the critically acclaimed film, The Path of Zarathustra. This is the...
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My Vote Today Wins “Art of Start” Pitch Session At LetsIgnite 2016
LetsIgnite, an angel summit that aims to connect startups to the angel ecosystem, has announced My Vote Today as the winner of its pitching session “The Art Of Start”. Letsignite had received over 1020...
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Funding Galore: Startup Fundings Of The Week [7 March – 12 March]
Flipkart secured a credit line of over $67 Mn (INR 450 Cr) from private sector lender HDFC Bank. Prior to this, Flipkart India and Flipkart Internet together had pledged assets worth INR 1,400 Cr to...
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News Roundup: 10 Startup Stories You Don’t Want To Miss This Week [7 March –...
Data analytics company Mu Sigma and its founder, Dhiraj Rajaram, have been accused in a lawsuit of “grossly misleading” its investors, in order to buy back their shares at a lower price. In the...
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Movers & Shakers Of The Week [7 March – 12 March]
Housing.com’s co-founder Advitiya Sharma has resigned to launch his new startup. In a mail to his employees he said that the company had to shut down few departments, and rethink its vision. He is an...
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Updated: Ola Quietly Removes Ola Bike Icon From The App
Update: In a tweet, Ola said: @Inc42 Hey, We’re currently working on our Bike services and will keep you posted once we’re up & running. Cheers! — Olacabs Support (@ola_supports) March 12, 2016...
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Paytm Borrows $44.7 Mn From ICICI Bank
After sitting atop the ecommerce pyramid and raising enough rounds of funding, companies like Flipkart and Paytm are turning towards banks for capital loans. A report by TOI stated that Noida-based...
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ShopClues In Talks To Buy Payments Startup Momoe Technologies
Online managed marketplace, ShopClues, is reportedly in talks to buy mobile payments startup Momoe Technologies. The people close to the development said that it will be an all-stock deal that will be...
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India Hyperlocal Market Is Expected To Reach $344 Mn By 2020: Research
Hyperlocal is one of the most popular buzzwords in the Indian startup ecosystem. The hyperlocal business refers to enterprises that are centred around a small community or geographical area where they...
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Mahindra Group Launches Agricultural Equipment Rental Startup Trringo
Mumbai-based automobile giant, Mahindra & Mahindra has announced the launch of its agricultural equipment rental services arm called Trringo. Trringo will provide tractors and farm equipment on a...
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Food Regulator FSSAI Launches Mobile App For Consumers
Food safety regulator, Food Safety and Standards Authority of India (FSSAI) has launched a mobile app that will allow consumers to raise concerns related to food safety. According to the description of...
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Here Are The 4 Startups Selected For Pune MIT’s Edugild Accelerator Programme
Pune-based engineering college, Maharashtra Institute of Technology (MIT), has announced that they have selected four startups in the education vertical for its accelerator program, Edugild. The...
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Around 400 Ecommerce Retailers Tie Up With Dept Of Post To Deliver Goods
Affixing the logistics stump on the ecommerce battlefield, around 400 ecommerce retailers have tied up with Department of Posts (DoP) to deliver goods, even to the remotest of areas. It is to be noted...
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Exotel Launches Research Division Exotel Labs
Exotel, a Bangalore-based cloud telephony company, has launched a research division called Exotel Labs to spur innovation in the voice space. Siddharth Ramesh, co-founder and CTO, Exotel, said,...
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Pramati HealthCare Gets $200K From Angel Investors
New Delhi-based healthcare services, Pramati HealthCare, has raised $200K in Pre Series A round of funding from angel investors with a strong healthcare background. Founded in 2014 by Vishal Jain and...
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