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Fitness Service Aggregator OYOFit Raises Angel Funding
Bangalore-based fitness services marketplace OYOFit has raised an undisclosed amount of angel funding from RN Agarwal, managing director, WeP Peripherals Ltd. Started in 2015 by a team of IITians...
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Edtech Startup Oliveboard Raises Funding From India Educational Investment Fund
Bangalore-based edtech startup, Oliveboard, has raised an undisclosed amount of funding from India Educational Investment Fund (IEIF), an early-stage impact investment fund established by the Michael...
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Times Group’s Brand Capital Enters Into A Strategic Partnership With...
Bangalore-based online professional certification platform, Simplilearn, has raised an undisclosed amount of investment from The Times Group’s Brand Capital. The two have also entered into a strategic...
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Paytm Launches Beta Version For Paytm Wi-Fi
Noida-based mcommerce and mobile wallet platform Paytm is now testing waters with free Wi-Fi service. In a social media post, last week, Vijay Shekhar Sharma said that they are launching Paytm WiFi...
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Omni Commerce Fashion & Store Discovery Platform Fashalot Raises Funding From...
Gurgaon-based Fashalot, a location-based fashion discovery platform, has raised an undisclosed amount of funding in pre-series A round led by YourNest Angel Fund and investor Rajul Garg, reported ET....
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Online Pharmacy 1mg Raises $15 Mn In Series B Funding
Bangalore-based Healthkart’s online drug search business 1MG has raised $15 Mn (INR 100 Cr) in Series B funding led by Maverick Capital Ventures. Its existing investors Sequoia India and Omidyar...
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ICICI Bank Plans To Invest In Fintech Startups
Private sector lender ICICI Bank has announced that it will invest in fintech startups, reported HT. It is interested in startups that work in technologies like big data and artificial intelligence,...
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Matrix Partners India Tops Up Its Second Fund With $110 Mn
Mumbai-based early stage venture capital firm Matrix Partners India has raised additional $110 Mn (INR 730 Cr) to top up its second fund. The firm has raised the additional corpus from its existing...
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Loyalty And Marketing Platform m.Paani Raises Funding From Blume Ventures
Mumbai-based m.Paani Solutions has raised an undisclosed amount in pre-series A round of funding led by Blume Ventures. The round also saw participation from angel investors including Adil Allana of...
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Gamification And Simulation Software Company KNOLSKAPE Raises Series A Funding
Bangalore-based KNOLSKAPE, a software company that focuses on management training, assessment and research, has raised an undisclosed amount of Series A funding from Inventus Capital Partners, a...
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Druva Raises Funding From Japan-based NTT Finance & Telephone Corporation
Pune-based Druva, a converged data protection solution provider, has raised a strategic investment from NTT Finance, the financial arm of Japanese telecommunications company Nippon Telegraph and...
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Flipkart Founders Featured in TIME’s 100 Most Influential People In The World...
After debuting in the Forbes India rich list, Flipkart’s co-founders Sachin Bansal and Binny Bansal, have now made their way to TIME’s annual list of 100 most influential people in the world in its...
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Bad Times Ahead For Housing.com: Three More Co-Founders Bid Adieu To The Company
Just a month after Housing.com’s co-founder Advitiya Sharma’s exit from the company, three more co-founders – Abhishek Anand, Chief Technology Officer, Sanat Ghosh, AVP Product, and Ravish Naresh, CEO...
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Grocery Startup Peppertap To Shut Down Its Hyperlocal Delivery Operations
Gurgaon-based on-demand grocery delivery startup PepperTap is shutting down its customer centric grocery delivery app by the end of this month. Confirming the development, CEO, Navneet Singh stated...
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Movers & Shakers Of The Week [18 April – 23 April]
Co-founders of real estate portal Housing.com, Abhishek Anand, Ravish Naresh and Sanat Ghosh, have quit the company two weeks ago to start their own venture. The news comes a month after another...
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News Roundup: 12 Startup Stories You Don’t Want To Miss This Week [18 April –...
Paytm accused Snapdeal-owned Unicommerce, an ecommerce management software and fulfilment solutions provider, for accessing confidential business data on its (Paytm’s) commerce platform via the sellers...
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Funding Galore: Startup Fundings Of The Week [18 April – 23 April]
A US-based mutual fund managed by T.Rowe Price, that has invested about $100 Mn in Flipkart, has marked down its shares in ecommerce giant by 15%. After Morgan Stanley, Rowe is the second firm that has...
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Paytm Backed Logistics Analytics Startup LogiNext Acquires YourGuy
Mumbai-based logistics analytics firm, LogiNext, has acquired Mumbai-based YourGuy, cross-category last mile delivery service startup, in a mixed cash and equity deal. The financial details related to...
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From Last To The Top: Snapdeal Now Delivers The Fastest, Says RedSeer
Etailing in India is expected to reach $100 Bn in annual sales by 2022. Where some etailers are trying to sway the entire market with luring discounts, there are a few who are edging with being a...
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Unitus Seed Fund To Invest In 50 Startups Through Its New $50 Mn Fund
Seattle and Bangalore-based, Unitus Seed Fund, is in the process to close its $50 Mn (INR 30 Cr) India focussed fund. The venture capital firm expects to get the first tranche of the new fund by the...
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