Funding Roundup: Twitter plugs into ShareChat; internet deals boost funding to $347.5 mn

Team TC

Homegrown social media platform ShareChat received its highest validation yet this week when Twitter, the San Francisco-based ....

16 August, 2019

Herocorp, Micromax, others back electric cab-hailing platform Blu Smart

Vijayakumar Pitchiah

Ahmedabad- and Gurugram-based Blu Smart, which operates intra-city electric cab aggregation platform, has raised $2.2 million ....

16 August, 2019
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OYO plans $332 mn expansion of European vacation home rentals

Team TC

Gurugram-based hospitality chain Oravel Stays, which runs OYO Hotels and Homes, has earmarked nearly $332 million for its Amsterdam-headquartered ....

16 August, 2019

Trend Micro announces 5th edition of annual cybersecurity competition

Vignesh Ananthraj

Japan-based cybersecurity giant Trend Micro has announced the fifth edition of its Capture The Flag (CTF) competition.  CTF, ....

16 August, 2019

Lendingkart raises $3mn more from Sistema Asia Fund

Shweta Sharma

Ahmedabad-based digital lender Lendingkart Technologies has completed a new equity round of around $3 million from Sistema Asia ....

16 August, 2019

Vinod Dham backs Orbo; Naspers may buy $100 mn stake in Dream11

Team TC

Intel’s Pentium chip developer and technology mentor Vinod Dham is backing Orbo. South Africa-based media giant Naspers ....

16 August, 2019
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Dunzo gets $2 mn more from venture debt provider Alteria Capital

Vijayakumar Pitchiah

Bengaluru-based hyperlocal logistics app Dunzo Digital has raised $2.04 million through a combination of debt and equity from ....

16 August, 2019

Paytm targets 250 mn monthly active users, to invest Rs 750 cr

Team TC

Digital payments unicorn Paytm is now targeting 250 million monthly active users on its app.   Noida-based One97 Communications, ....

16 August, 2019

Usability, digital literacy critical when designing products for rural consumers: Priyanka Dutt, BBC Media Action

Payal Ganguly

In her decade-long stint with BBC Media Action, country director Priyanka Dutt has helmed multiple projects for the international ....

16 August, 2019

Talview raises $6.75 mn; to deploy funds in HR-tech platform

Team TC

Bengaluru- and California-based human resource tech startup Talview has raised $6.75 million in Series A funding round from Storm ....

16 August, 2019
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Cognizant plans more layoffs; Wipro eyeing $50 mn automation-only deals

Team TC

Cognizant may ask employees with no assigned projects or over 8 years of experience to leave. Wipro is banking on Wipro HOLMES ....

16 August, 2019

Frontier technologies are making algorithmic trading accessible to small traders: Nitesh Khandelwal, QuantInsti

Vignesh Ananthraj

Back in the seventies, stock market traders realized they could create complex mathematical equations, input financial values ....

16 August, 2019

Twitter, TrustBridge join ShareChat’s $100 million funding round

Payal Ganguly

Regional social media platform ShareChat announced raising $100 million as part of its Series D round with participation from ....

16 August, 2019

Reliance buys majority stake in AR/VR startup Tesseract

Payal Ganguly

Mukesh Ambani-controlled Reliance Industries has acquired Mumbai-based Tesseract Imaging, which was recently in the news for being ....

16 August, 2019

Quick Heal warns against fake income tax refund messages

Team TC

Pune-based security solutions provider Quick Heal Technologies has warned consumers against fake income tax refund text messages.  Cybercriminals ....

14 August, 2019

Clicbrics raises $3mn in Pre-Series A funding from Kavi Asset, others

Team TC

New Delhi-based online real estate advisor Clicbrics has raised around $3 million in a pre-Series A funding round led by Manny ....

14 August, 2019

RBI releases guidelines for testing fintech innovations

Payal Ganguly

The Reserve Bank of India (RBI) has finalised guidelines for the regulatory sandbox to test innovative financial products and ....

14 August, 2019

Exclusive: AI-powered parenting solutions startup Parentof raises $1 mn seed round

Binu Paul

Bengaluru based Parentof Solutions, which runs artificial intelligence (AI) based parenting tool MAI and an education sector focused ....

14 August, 2019