The money will be deployed to expand the business across India, said its co-founders Divij Talwar and Gautam Malhotra.
Ebix is holding discussions with a consortium of lenders led by State Bank of India, the people said.
Players coordinate on Whatsapp and show up at the designated hour for warm-up followed by an hour or 90 minutes of competitive amateur games.
The company’s previous investors include Zomato co-founder Pankaj Chaddah, MindTickle co-founder Mohit Garg, Max Healthcare CEO Rajit Mehta, and OYO New Real Estate CEO Rohit Kapoor.
Travellers opt for adult-only resorts to relax and rejuvenate from their daily routine.
Being fashion forward: Nykaa will diversify, but does Falguni Nayar have enough ammunition to make it big?
The seven-year-old specialised online beauty retail venture has added fashion to their forte.
Super-luxury mithais priced upwards of Rs 20,000/kg - the new food fashion for HNIs, star items at weddings.
A group of FFI shareholders proposes to sell about 1.8 million shares, or a 72.3% stake, to the Japanese company.
Jupiter Capital entered the hospitality sector when it acquired boutique property Surya Samudra in Kovalam, Kerala, in 2009.
Chordia estimates at least 30 bean-to-bar chocolate makers will hit the scene by 2020.
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