Five Star raises Rs 333 crores in Series C round, valuation at Rs 1,300 crores
Series C round saw Five Star raising Rs 318 crores through primary infusion with about Rs 15 crores coming in via a secondary sale of shares.
ET Startup Awards 2017: Perfect mix of agriculture with tech helped Aibono win Social Enterprise award
The agritech company, which provides f...
Ward Ferry may check into Treebo with $20 million
Ward Ferry also holds stakes in listed Chinese budget hotel chain Huazhu Hotels Group and I...
Matrix Partners raises 730 crore to boost its corpus
The fund raise comes at a time when a cofounder Rishi Navani is leaving the firm, which will now be managed by cofounder Avnish Bajaj.
Matrix wants reruns of blockbuster cashouts
VC fund is gearing up for 3-4 more exits this year, especially from its healthcare investments.
Quikr is in talks to buy Babajob
Buy may open doors for Quikr to smaller cities that Babajob is popular in.
Uber is no match for auto-mated Ola here
Ola's autorickshaw service, started nearly three years ago, contributes about 15% to co's revenue
Eyeing profitability, Housejoy ramps up its 'beauty' segment
The company is currently consolidating operations in five key markets which include Bengaluru, Delhi, Hyderabad, Mumbai and Chennai.
Ola raises Rs 670 crore from Ratan Tata-backed fund
While UC-RNT Fund has pumped in Rs 267.99 cr, another Rs 402 cr has been infused by FO Mauritius I Ltd, according to a regulatory filing by ANI Technologies -- which runs Ola.
ItzCash turns a page with profits, revenue jumps 40% to Rs 250 crore
Mumbai-based payments company is seeing 6.5 lakh transactions a day, according to its MD Surya
Canada's Clairvest buys majority in rummy portal Ace2Three for $74 million
According to Gullapalli, Clairvest Group’s existing investments in the global gaming industry will be of strategic help in exploring other geographies.
When Avnish Bajaj stood by Stayzilla's Yogendra Vasupal through his arrest
Vasupal's arrest resonated on a personal level for Avnish Bajaj, the MD of Matrix Partners India.
Quora raises $85 million, the Q&A platform is now a Unicorn
User growth can be attributed - in part - to the increase in its valuation. Quora reportedly has 190 million monthly users - up from 100 million a year ago.
Treebo checks out of Ibibo, MakeMyTrip
Treebo, which counts Bertelsmann India Investments, SAIF Partners and Matrix Partners India among its backers, had listed more than 250 properties across both platforms.
Why is Indian internet treated like a step-child?
The cumulative FDI that companies like Google, Yahoo, Facebook and LinkedIn have put into India is less than $500 million.
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