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Startups ask government to taken steps to flatten the coronavirus curve
Startups like Urban Company, Bounce, Cred, Snapdeal, Unacademy, 1MG have supported the findings of the report.
Sequoia Capital leads $26 million funding round in CleverTap
Round saw NY-based Tiger Global Management coming in as a new investor in the mo...
Manufacturing services startup Zetwerk raises $9 million in Series-A round
Zetwerk will utilise the fresh funds to expand its supply base acr...
BlackBuck’s out to raise $150 m in new round
Latest financing round may value trucking company at around $800-850 million.
Digi insurer Acko gets $65m from Binny Bansal, others
Startup bags Bansal’s largest personal investment at $25 m; valuation to be around $300 m.
Coverfox’s parent company, Glitterbug, is out to raise $50 million in new round
The company is in talks with investors; Series D equity-financing round could stretch to $60 million.
For startups raising funds is easy, not hiring, retaining staff
Small startups struggle to get people on board as they question their prospects; they also can’t match fat cheques of big companies.
Rupeek gets $60 million led by GGV, Binny Bansal and Bertelsmann
The company has partnered banks such as ICICI Bank, Karur Vysya Bank and Federal Bank to provide loans where customers can get their gold valued at home and receive the loan amount directly into their bank accounts.
Now, smart lockers solve your delivery dilemmas
With last-mile deliveries and repeated delivery attempts constituting almost 50% of cost for e-commerce players, industry trackers consider the infrastructure a win-win for all stakeholders.
Stanza Living eyes 50-fold growth in inventory
The company’s co-founder Sandeep Dalmia, earlier associated with Goldman Sachs and Boston Consulting Group, expects the company to add at least 10 more cities to its portfolio this year.
Simsim gets $8m in Series-B funding round
The company will use the proceeds to expand its network of influencers, and further build its technology platforms.
Now, FabHotels draws hotelier complaints
A person familiar with matters at FabHotels alleged that while the budget hotel chain added several hotels over the past one year it also had “an almost equal number of exits”.
Ola bets $100 million on scooter sharing startup Vogo
Under the deal, Ola will also allow its 150 million users to start booking Vogo scooters through its app.
NITI Aayog partners with Singapore-based startup to launch AI 4 All Global Hackathon
The idea is to develop solutions in distributed computing and privacy preserving techniques such as multi-party computation in AI.
Bizongo mops up $30 million Series C funding round led by Schroder Adveq
The investment major, which also has a deep focus on secondary transactions, also runs Schroder Adveq Asia, which largely looks to invest in China and India, with, and alongside managers that cover a broad range of sectors such as consumer business services, technology and healthcare.