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Topics: Startups

Groww raises $21.4mn from Ribbit Capital, Sequoia India, and Y Combinator

A Bengaluru-based investing platform, Groww has raised $21.4 million in series B round funding from U.S. based Venture Capital firm Ribbit Capital, and others. The...

InstaReM starts digital money transfer service in Canada

Solidifying the company’s presence in North America. Singapore -based cross-border digital payment company, InstaReM has announced the launch of cost-effective digital cross-border payments transfer...

Kedaara Capital to infuse $55 million in retail eye-wear company Lenskart

Lenskart, an India-based eye-wear retail company, will be is raising Rs 392 crore (approx. $55 million) from private equity firm Kedaara Capital, a newspaper...

Ed-tech startup WhiteHat Jr secures $10Million from Nexus Venture Partners, Owl Ventures, and others

A Mumbai-based, Ed-tech startup WhiteHat Jr has secured $10 million in series A round funding from Nexus Venture Partners, and Omidyar Network. The new round...

LenDenClub raised $1 million in Pre-series A round funding from Artha Venture Fund, Transworld Group, Shuchi Kothari and others

Mumbai based, Peer-to-Peer (P2P) lending platform LenDenClub has raised $1 million in Pre-series A round funding from Artha Venture Fund, Transworld Group, and others. “With...
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RSS economic wing call for a complete ban on TikTok and Helo app

In the name of protection of the national security and startup ecosystem, Swadeshi Jagran Manch (SJM), an economic wing of Rashtriya Swayamsevak Sangh (RSS),...

Samsung Venture funds $8.5 million in 4 Indian startups, plans to support 100 more startups in next 3-5 years

Samsung Venture Investment Corporation (SVIC), the investment arm of the South Korean tech giant, on July 10 said it has made its maiden investment...

Walmart faces major India test over Flipkart’s legal tiff with Ratan Tata backed startup

An Indian startup's legal challenge against Walmart-owned Flipkart claiming losses caused by sharp discounting of its products is winning support from other online sellers,...

Ashish Sinha: India’s growth trajectory holds tremendous potential for global stakeholders

India's growth trajectory holds immense potential for global stakeholders to establish energy, infrastructure, and technology collaboration with the country, a UN forum here has...

Dr Sheth’s secures Rs 4 crore in series seed round funding from Mumbai Angels and others

A Mumbai-based celebrity dermatologist-backed luxury skincare startup Dr. Sheth's has secured Rs 4 crores in a series seed round funding from Mumbai Angels and...
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Bengaluru based Fintech startup BharatPe secures $15.5 million in series A round funding from Insights Partners, Sequoia and Beenext

A Bengaluru-based fintech startup, BharatPe has announced that "it has raised $15.5 million in series A round funding from Insight Partners and few others. The...

OxfordCaps secures $8 million in Series A round funding from Times Internet, 500 Startups and others

A Singapore based student housing startup, OxfordCaps has announced that it has secured $8 million in series A round funding from Times Internet and...

Uber to acquire its Dubai based rival for $3.1 billion

An American ride-hailing company Uber is planning to acquire Careem, a Dubai based taxi company and also one of its main competitor in Dubai. Quoting...

Infosys partners with The House Fund II plans to invest $10 mn in AI focused startups from the University of California – Berkeley

Information Technology giant Infosys on Friday announced that "It has partnered with The House Fund ll, L.P. to invest $10 million in AI-focused fund...

InstaReM secures another $20 million in series C round funding from Vertex Growth Fund and Atinum Investment

Ahead of making its plan to Initial public offering in 2021, Asia's leading cross border digital payment company InstaRem on Tuesday announced that "It...
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Google India announces the second batch of 10 startups for Launchpad Accelerator program

Google on Tuesday announced the second batch of 10 startups, which will be part of its Launchpad Accelerator mentorship programme in India. Launchpad Accelerator India...

Grab plan to raise more funding from SoftBank Vision fund and other strategic investors

Grab is considering raising more funds from strategic investors, the president of Southeast Asia's top ride-hailing firm said, after raking in over $4.5 billion...

Hyperlocal video platform Awaaz secures seed round funding from Matrix Partners

In an aim diversify its offering into more regional languages, An Uttar Pradesh based hyperlocal video platform, Awaaz has raised the undisclosed amount in...

FM Piyush Goyal: Govt of India to set up a national portal for Artificial Intelligence

In a bid to strengthen the Artificial Intelligence (AI) sector in India, Finance Minister Piyush Goyal on Friday announced that the government will soon...

Kerala Government partners with Unity Technologies to develop AR, VR ecosystem in the state

Kerala Startup Mission (KSUM) has tied up with Unity Technologies, USA, to develop an augmented reality (AR) and virtual reality (VR) ecosystem in the...
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Ola secures $74 million in J series round funding from SteadView Capital

India's ride-hailing company, Ola, has reportedly secured $74 million (Rs 520 crore) in series J round funding from Hong Kong-based capital management firm, Steadview...

Suresh Prabhu assures startups over Angel tax issue, says will find the solution soon.

Union commerce minister Suresh Prabhu said the government will soon come up with a solution to address the problems being faced by startups with...

Uber India reports Rs 21.5 crores as revenue for March end of FY18

Uber India, a subsidiary of U.S. based ride-hailing company Uber on Wednesday announced that "The company has reported Rs 21.5 crore as revenue in...

J N Singh: Gujarat sops for tech startups offering sector-wise solutions

The Gujarat government on December 27 launched a scheme under which it will incentivize technology startups which can provide solutions to sector-specific problems identified...

Indian IT sectors and startups to hire five lakh people in 2019

India's information technology (IT) services sector and startups together are expected to hire up to five lakh people in 2019 as demand for freshers...
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Prithviraj Chavan, accused Maharashtra government over ‘state’ poor ranking in startup report

Quoting to the Center's report on Startup ranking for the year 2018, the former chief minister of Maharashtra Prithviraj Chavan said that "Maharashtra's startup policy...

G7 logistics secures $300 Mn from HOPU investment, Tencent and others

G7 a Beijing based fleet management company which runs a proprietary platform for trucks, shippers, drivers has announced that it has secured $320 million...

A premium Sauce and Dip brand Fric Bergen secures First round funding from Mumbai Angels

Mumbai Angels on Thursday announced that "A Gurgaon based Premium Sauce and Dip maker Fric Bergen, has raised the undisclosed amount from MA Network." A...

Mumbai Angels joins EO Pune Accelerator as knowledge partner

India's early stage investment platform Mumbai Angels Network on Wednesday announced that it has partnered with Entrepreneurs Organization (EO) Pune Accelerator as a knowledge...

Agricool secures $28 million in fresh round funding.

Agricool, a french AgriTech startup has raised $28 million, in a fresh round funding in addition to the $13 million which raised previously. The new round...
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