SME

BR Shetty, Flipkart’s Binny Bansal-backed India Quotient raises $30 million for $60 million VC fund

The company has raised a total of $23 million in two funds, investing in over 40 startups. Its first fund closed back in 2012 where it closed $5 million, while its second fund clocked $18 million in 2

BR Shetty, Flipkart’s Binny Bansal-backed India Quotient raises $30 million for $60 million VC fund

Nazara Technologies join hands with Amazon to publish games on Fire TV

Nazara Gaming is planning to bring freemium games for kids under 11, starting with its flagship game ‘Chhota Bheem Speed Racing’.

Nazara Technologies join hands with Amazon to publish its games on Fire TV

AI-enabled growth marketing platform Insider raises $11 million from Sequoia India and others

Growth Management platform is one of the company’s new products that aims to enable brands, marketers and website owners serve dynamic content customised for each visitor. The idea here is to give t

AI-enabled growth marketing platform Insider raises $11 million from Sequoia India and others

Ola planning to aggregate public transport services, acquires end-to-end ticketing app Ridlr

Public transportation serves millions of Indians every day, and powering these needs with real-time information, mobile ticketing, cashless payments, and reliable services is bound to impact their end

Ola planning to aggregate public transport services, acquires Ridlr

Paytm’s ecommerce subsidiary Paytm Mall raises $445 billion from Softbank and Alibaba

Following Jack Ma’s offline to online retail strategy, they were further in talks with offline stores where customers would just walk-in scan the QR code and buy the item from Paytm’s Mall app

Paytm’s ecommerce subsidiary Paytm Mall raises $445 billion from Softbank and Alibaba

Does Venture debt make sense for banks?

Last September, the Reserve Bank of India provided a much-needed clarity on the ability of banks to take part in venture funding. RBI gave a go-ahead for banks to invest up to 10 percent of the paid-u

Does Venture debt make sense for banks?

Social Media Management company Synctag raises $308,000 led by Subhkam Ventures

Synctag claims to have clients including Adani, Government of Gujarat, Government of Haryana, Le Meridien, among others.

Social Media Management company Synctag raises $308,000 led by Subhkam Ventures

IT solutions company Kellton Tech acquires US-based Salesforce service provider PlanetPro

Based in the US, PlanetPro, has additional offices in Canada, Singapore and India. PlanetPro specializes in helping companies improve sales and marketing by delivering insights through analytics and l

Salesforce, business, companies

Samsung partners with AI-enabled audio search platform Audioburst, invests $4.6 million

Post investment, Samsung will be integrating Audioburst’s solutions to its products, starting with LED television sets.

Samsung partners with AI-enabled audio search platform Audioburst, invests $4.6 million

Sachin Tendulkar backed Smaaash raises $6 million from HNIs including Ravi Modi

This comes in, almost, four months after the startup raised investment from Sixth Sense Ventures at a valuation of $100 million.

Sachin Tendulkar backed Smaaash raises $6 million from HNIs including Ravi Modi

Alibaba to acquire food delivery platform Ele.me at a valuation of $9.5 billion

This comes in after Alibaba made it fairly clear that the ‘Physical Retail’ is a part of its new retail strategy to combine ecommerce and offline stores.

Alibaba to acquire food delivery platform Ele.me at a valuation of $9.5 billion

What it takes for a woman to get VCs on-board

One of the most pervasive beliefs about women in general, not just women entrepreneurs, is that women get too emotional when the going gets tough. However, a person’s ability to handle their emotion

What it takes for a woman to get VCs on-board

After Uber’s Southeast Asia ‘Grab’, Ola reportedly keen to acquire it in India, with Softbank’s backing

The gist is that Japanese investor Softbank, which incidentally is an influential stakeholder in both the cab aggregators, wants Uber and Ola to merge in India. As for Ola itself, the company is repor

After Uber’s Southeast Asia ‘Grab’, Ola reportedly keen to acquire it in India, with Softbank backing it

Fintech startup Smartcoin raises $2 million from Chinese investors, Unicorn India Ventures and others

Founded by IIT/IIM alumni Rohit Garg, Amit Chandel, Vinay Kumar Singh and Jayant Upadhyay in 2016, Smartcoin acts as a consumer micro-lending platform focused on the middle/lower-income segments in In

Fintech startup Smartcoin raises $2 million from Chinese investors, Unicorn india ventures and others

eBay delivery partner shuts shop after 4 years in business; the sunken Shyp’s captain explains why

Today, with a heavy heart, we are shutting Shyp down, ending operations effective immediately. I stared at a blank screen for more than ten minutes before I could even write that sentence

Delivery startup shuts down its operations; Here’s what we can learn from the sinking Shyp’s Captain

Indian fantasy sports users rise 10 fold in 2 years; Industry sees a massive growth

In US and Canada, alone, there are over 5.93 crore users, while India has seen this growth in past two years, from 20 lakh users in 2016 to 2 crore in 2018

Indian fantasy sports users rise 10 fold in 2 years; Industry sees a massive growth

Lending platform Cash Suvidha raises $1 million in pre-series A

Founded by Rajesh Gupta, Anoop Garg and Geeta Goswami, the company extends business loans to SMEs, MSMEs, women entrepreneurs and personal loans to individuals

SME loan provider Cash Suvidha raises $1 million in pre-series A

Alibaba and Ford unveil Car Vending machines in China. Here’s what you need to know

Alibaba users can book the car and go for a test drive to decide if they want to buy the same car or try a different one. The test drives are limited to 5 each month.

Alibaba and Ford launch Car Vending machines in China. Here's what you need to know

IBM joins Imarticus to launch AI-oriented courses to train the workforce of tomorrow

The course will provide learners with in-depth exposure to Data Science, Big Data, and Deep Learning through a rigorous industry-aligned curriculum to offer them skills pertaining to programs such as

IBM joins Imarticus to launch AI-oriented courses to train the workforce of tomorrow

Cleartax partners with Zebpay to help investors file tax on Bitcoin gains

In addition to the advisory plan, it has also initiated Chartered Accountant assisted tax filing services for investors who have gained from the bitcoin or other cryptocurrencies.

Cleartax partners up with Bitcoin wallet Zebpay to help investors file tax on crypto gains

Ola-Uber drivers to go on strike across Delhi NCR; Commuters face trouble

In a media statement, Kamaljeet Gill, chief of Sarvodaya Drivers Association stated that they’ll (drivers in Delhi NCR) be carrying out a large scale protest against the cab aggregators. He further

Ola-Uber drivers to go on strike across Delhi NCR today; Commuters face trouble

Here’s how the Consumer Protection Bill 2018 will impact ecommerce startups in India

The ecommerce firms would be required to reveal what data are they recording and the intention behind it. The bill will also see if these platforms are sharing customer details with or without the use

Here’s how the Consumer Protection Bill 2018 will impact ecommerce startups in India

Early investors of Facebook and Twitter come together to invest $12 million in CryptoKitties

The round also saw participation from AngelList Founder and CEO Naval Ravikant, Founder of Zynga Mark Pincus, founder of Coinbase Fred Ehrsam, among others.

Early investors of Facebook and Twitter come together to invest in CryptoKittes

Former Uber Chief Travis Kalanick is buying this company for $150 million and will be the new CEO

Travis kalanick will be joining City Storage Systems (CSS), a company that focuses on redevelopment of distressed real estate assets like parking lots, strip malls, among others.

Former Uber Chief Travis Kalanick is buying this company for $150 million and will be the CEO

Fireside Ventures closes its first fund of Rs 340 crore backed by Unilever Ventures, ITC, among others

They recently announced their advisory board comprising of industry veterans like Amit Agarwal, Senior VP Amazon and Country Manager India, Harsh Mariwala, Chairman, Marico Ltd, and Sri Rajan, Chairma

Fireside Ventures closes its first fund of Rs 340 crore backed by Unilever Ventures, ITC, among others

Zappfresh raises Rs 20 crore from Dabur India’s Amit Burman and SIDBI Venture Capital

Gurugram based DSM Fresh Foods fresh meat brand Zappfresh has raised Rs 20 crore in pre-series A round of investment from the Vice Chairman of Dabur India, Amit Burman and SIDBI Venture capital. The c

Zappfresh raises Rs 20 crore from Dabur India’s Amit Burman and SIDBI Venture Capital

Myntra & Jabong seek to leverage AI and Machine Learning for its operations; tap Udacity’s programs to reskill its employees

Myntra is investing in developing deep expertise in these nascent fields, and also has plans to deploy Augmented Reality to help users access a more immersive experience

Myntra & Jabong seek to leverage AI and Machine Learning for its operations; tap Udacity’s programs to reskill its employees
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