For Unilazer, which has backed consumer internet and impact investment ventures, this is the first investment in big data.
Just Dial will launch in United Kingdom next month and then by October in the United Arab Emirates, after which it will look to expand into South East Asia.
"There is a need for technology companies to assist in the growth of health insurance market. We are excited to partner with Remedinet," said Jhunjhunwala.
While e-tailing has been a fast growing channel in the Indian retailing landscape, the bulk of retail sales happen through brick and mortar stores.
Players like Housing.com, which was founded by IIT Bombay graduates, are also charting aggressive expansion fuelled by venture capital financing.
Travel Triangle claims to have over 1 lakh unique visitors a month and over 430 agents on the platform.
A surge in online retail, a vibrant startup industry and the backing of a new business-friendly government are fuelling the confidence of investors.
The backing of a new business-friendly government is fuelling the confidence of investors willing to pay top dollar for best-in-class companies.
Govt considers FIs SBI, IFCI, Sidbi & Canara Bank as potential managers of Rs 10,000-cr startup fund
Country's top financial institutions including SBI, IFCI, Sidbi have been vetted by govt as potential managers of ambitious Rs 10K-cr fund for startups.
Refurbished goods retailer Reverse Logistics Corp is seeking a new round of funding as it looks to expand sales in other emerging markets.
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