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Knowlarity Acquires Delhi-based Customer Engagement Platform Smartwards
Cloud telephony company Knowlarity Communications has acquired Delhi-based Smartwards, a customer engagement platform that simplifies loyalty for local businesses and their customers, for an...
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Indian Startup Funding Report April 2016 – The Series A Crunch
Yet another month has gone by and there are now even stronger signals of the upcoming downturn in the Indian ecosystem. We at Inc42 don’t believe in speculations but rather in data backed signals. So...
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Paytm Launches Brand Stores To Give Brands Complete Control Of Their Online...
In order to offer a better shopping experience to its customers, Paytm has announced the launch of ‘Brand Stores’ on its marketplace, featuring over 1000 top brands. According to Paytm, the online...
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Swiggy Raises Additional $7 Mn In Funding; Valued At $130 Mn
Bangalore-based food ordering app, Swiggy, has raised an additional $7 Mn (INR 47 Cr) from its existing investors Norwest Venture Partners, DST Global and Accel Partners. It raised $35 Mn in Series C...
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Oxigen Wallet Founder Pramod Saxena Launches Startup Accelerator Aarambh...
Chairman and managing director of Oxigen Services, Pramod Saxena, has launched a startup accelerator Aarambh Ventures in partnership with IIT-Roorkee. The accelerator will focus on startups operating...
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Health & Fitness App HealthifyMe Raises $6 Mn From IDG, Inventus & Blume...
Bangalore-based health and fitness app HealthifyMe has raised $6 Mn (INR 40 Cr) in Series A round of funding led by IDG Ventures India, Inventus Capital, and Blume Ventures. Founded in 2012 by Tushar...
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Arvind Internet Ltd. In Talks To Acquire Freecultr
Fashion ecommerce portal Freecultr is in final stages to be acquired by Arvind Internet, an online arm of the textile manufacturer and the flagship company Arvind Group. Inc42 sources close to the...
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P2P Lending Platform Faircent Raises Funding From JM Financial Ltd
Gurgaon-based peer-to-peer (P2P) lending platform Faircent.com has raised an undisclosed amount of funding in Series A round led by JM Financial Products Ltd., a subsidiary of JM Financial Ltd. The...
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DriversKart Acquires On Demand Chauffeur Aggregator Driven
Chennai-based DriversKart has acquired an on-demand chauffeur aggregator startup Driven, in an equity and cash deal. Where on one side consumers are using cab services, carpooling and public transport...
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Data Analytics Company Fractal Analytics Raises $100 Mn From Malaysian Wealth...
Data analytics company Fractal Analytics has raised $100 Mn (INR 667 Cr) from Malaysian sovereign wealth fund Khazanah Nasional Berhad. This has valued the company at close to $300 Mn (INR 2,000 Cr)....
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Zenify Raises $900K In Pre-Series A Funding From HNIs
Bangalore-based home aggregator and rental management startup Zenify has raised $900K in Pre-Series A round of funding from High Networth Individuals (HNI). Zenify was founded in 2012 by three IIT...
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Startups! Here Is Your Chance To Raise Funding At The Next TiE The Knot Event
The Indus Entrepreneurs (TiE), a global network of entrepreneurs established to foster the essence of entrepreneurship, has announced the fifth edition of ‘TiE the Knot’. ‘TiE the knot’ is the live...
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Rahul Yadav – The End of An Era That Never Began
The ‘bad boy’ of the Indian startup ecosystem got everyone excited when he posted the above Facebook status in early September 2015. It was being dubbed as “the return of Rahul Yadav”. He even made the...
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Indian SaaS Startup Freshdesk Enters The Gartner’s Magic Quadrant
A joint study by Google and Accel India, earlier this year, states that Indian SaaS companies are expected to reach the $10 Bn revenue mark in 2025. It also counted over 500 SaaS startups in India who...
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Capital Float Raises $25 Mn From New And Existing Investors
Bangalore-based online lending platform Capital Float has raised $25 Mn (INR 170 Cr) in a Series B round of funding led by US-based Creation Investments Capital Management. Its existing investors SAIF...
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IDG Ventures India Closes $150 Mn For Its Third India Fund
Bangalore-based venture capital fund IDG Ventures India has closed $150 Mn (INR 1000 Cr) India fund, reported ET. The venture capital firm expects to raise the entire money for its $200 Mn third fund...
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Life Circle Health Services Raises $150K From GROUPE SOS
Hyderabad-based home nursing and professional caregiving service provider Life Circle Health Services has raised $150K (INR 1 Cr) from Europe-based senior healthcare service provider for elderly,...
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Crowdfunding Platform Dream Wallets Raises Seed Funding
Jaipur-based crowdfunding platform, Dream Wallets, owned by SeedLogix India Pvt Ltd, has secured an undisclosed amount of funding in seed round led by Rakesh Gupta and Aditya Aggarwal. Other investors...
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Hindi Social Networking Startup ShabdaNagari Raises Bridge Funding From ah!...
Kanpur-based Hindi social networking portal, ShabdaNagari, has raised an undisclosed amount of bridge funding from ah! Ventures. Through ah! Ventures the startup is backed by key investors like Yogesh...
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Stayzilla Raises $13 Mn In Series C Funding From Nexus Ventures & Matrix...
Hotel booking platform Stayzilla has raised over $13 Mn in a Series C round of funding led by its existing investors Matrix partners and Nexus Ventures, reported Mint according to the documents filed...
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