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Unbxd Raises $12.5 Mn Funding To Fuel Innovation In Ecommerce Product Discovery
Unbxd, the cloud-based product discovery platform for ecommerce, has closed $12.5 Mn in Series C funding round led by Eight Roads Ventures, the proprietary investment arm of Fidelity International...
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HRTech Startup Darwinbox Raises $4 Mn Funding From Lightspeed, Others
HRtech startup, Darwinbox, has secured $4 Mn in Series A funding round led by Lightspeed India Partners. Existing investors Endiya Partners, Mohandas Pai’s 3one4 Capital and Startupxseed Ventures in...
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Indonesia Based O2O Ecommerce Startup Kioson Raises $450K Funding To Take On...
Indonesia-based O2O ecommerce startup Kioson has raised about $450K funding from Mitra Komunikasi Nusantara (MKN). Indonesia-based MKN is a listed company that deals with gadgets, prepaid phone...
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Flipkart Wants To Pay Just $400 Mn For Snapdeal
The Flipkart-Snapdeal deal has taken an interesting turn. In the latest development, homegrown ecommerce major, Flipkart is willing to pay just $300-$400 Mn for acquiring the company. The current...
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RBI Governor Urjit Patel – Not ‘Overly Pessimistic’ On IT Jobs, Startups Can...
RBI Governor Urjit Patel, in a recent interview at an IMC (Indian Merchants’ Chamber) event, stated that, “he is not ‘overly pessimistic’ about the employment scenario in the IT sector, pointing out...
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OneAssist Raises $18Mn From Sequoia Capital, Lightspeed Ventures, Others
Mumbai-based startup OneAssist has raised $18 Mn funding in Series C round from Sequoia Capital, Lightspeed Ventures, and New York-based insurance provider Assurant. New investor Moonstone Investments...
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Whatsapp Approaches SBI, NPCI For Payments Via UPI
Instant messaging app Whatsapp, has reportedly approached SBI and NPCI for enabling UPI payments on its digital wallet. Inc42 reported in April 2017 that Whatsapp was looking to enter the payments...
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HUG Innovations Raises $5 Mn Series A Funding At $15.5 Mn Valuation At A TiE...
Hyderabad-based HUG Innovations has raised $5 Mn in Series A funding round during a live instant funding event organised by TiE Hyderabad – The Guardian Angel. Hug Innovations raised this round of...
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Naspers Invests $71 Mn In Flipkart To Take Holdings Up To 16.5%
South African Internet and media conglomerate Naspers has invested an additional $71 Mn in Flipkart. This investment takes its holdings in the company to 16.5%. “The group invested $71 Mn for an...
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V Resorts Raises $4 Mn Funding From Seedfund, RB International
Noida-based V Resorts, an asset-light resort management startup has raised $4 Mn in its third round of funding led by Seedfund and RB International. Founded by Aditi Balbir, an ISB alumnus, V Resorts...
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PM Modi Launches India-Portugal International Startup Hub
PM Modi, during his recent visit to Portugal, launched the India-Portugal International Startup Hub along with his Portuguese PM Antonio Costa. The launch was announced during PM Modi’s three-nation...
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Kishore Biyani Led Future Group To Take A Break From Ecommerce For Two Years
Future Group CEO Kishore Biyani has decided that he is not going to invest or operate in ecommerce space for at least the next two years. “It’s stupid to be in the online space. In lifestyle, the...
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Tata Group To Foray Into Online Grocery Market With GrocerMax Acquisition
India’s largest business conglomerate Tata Group is reportedly acquiring Gurugram-based GrocerMax to enter into online grocery space. The news comes at a time when Amazon India is in talks to acquire...
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BYJU’S Acquires TutorVista And Edurite From Pearson
EdTech startup BYJU’S has acquired TutorVista and Edurite from Pearson. The partnership is focused on expanding the international reach and creating a diverse product portfolio. The announcement comes...
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Amazon India To Forge JVs With Kris Gopalakrishnan, Dabur’s Burman Family
Amazon India is looking to create new online merchant entities that would serve as sellers on its ecommerce platform. As per a few media sources, Amazon India is poised to join hands with the...
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Snapdeal Board Rejects $700-800 Mn Buyout Offer From Rival Flipkart
The Flipkart-Snapdeal proposed merger has hit yet another snag. According to numerous reports, Snapdeal board has rejected an offer of about $700-800 Mn from homegrown ecommerce major Flipkart for the...
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Here’s What You Need To Unlearn About Coworking
A booming startup ecosystem coupled with skyrocketing real estate prices led to the rise of coworking spaces – workspaces that you can share with other startups, thereby reducing your operational...
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Reliance Jio Launches GST Taxation Starter Kit ‘JioGST’
Reliance Jio, after creating a tussle between the Indian telcos with its freebies, has come up with a new product in the rolling GST wave. The company has launched a GST starter kit – JioGST – to...
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IoT Startup Ecolibrium Energy Raises $2.6 Mn from Infuse Ventures, JLL, Others
Ahmedabad-based Ecolibrium Energy has just raised $2.6 Mn (INR 18 Cr) in funding from Infuse Ventures Inc, JLL Technology Ventures and an anonymous angel investor. Ecolibrium Energy is a cleantech...
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Outsourcing Firm Navigant Technologies Acquires Quick Call
Outsourcing firm Navigant Technologies has acquired Delhi-based specialised outsourcing company Quick Call for an undisclosed amount. The acquisition was done in a bid to strengthen its presence in the...
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