Policy Wrap: SEBI norms for startups to issue DVRs; RBI clarifies data storage rules

Payal Ganguly

This week, the capital market regulator allowed initial public offerings (IPOs) for tech firms that have issued shares with superior ....

28 June, 2019

Kapil Dev leads investment in legal marketplace WizCounsel

Shweta Sharma

WizCounsel, an online marketplace for freelance legal, tax and accounting experts, has raised Rs 1 crore ($145,000) in an angel ....

28 June, 2019
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Funding roundup: Curefit tops the chart as deal value breaches $350 mn again

Kavya Kothiyal

Startup funding activity in the last week of June was almost a mirror image of the week before, with a couple of high-value deals ....

28 June, 2019

Facebook-backed Meesho may raise up to $130 mn from Naspers: Report

Binu Paul

Social commerce platform Meesho is in talks with South African tech conglomerate Naspers to raise $120-130 million (about Rs 827-896 ....

28 June, 2019

Zone Startups India to host seventh edition of its programme to take tech startups to North America

Om Athavale

Zone Startups India, a tech-focused accelerator operated by the Ryerson Futures network, today announced the seventh edition of ....

28 June, 2019

Uber acquires Seattle-based startup Mighty AI: GeekWire report

Tanmay Tiwary

US-based ride-hailing company Uber has acquired Seattle startup Mighty AI, which develops training data for computer vision models, ....

28 June, 2019
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Bollywood star Akshay Kumar invests in fitness device maker GOQii

Kavya Kothiyal

GOQii Inc, which makes wearable fitness devices, has raised an undisclosed amount from Bollywood actor Akshay Kumar as part of ....

28 June, 2019

Swiss family office Corisol leads $70 mn funding round in e-pharmacy 1mg

Binu Paul

Gurugram-based e-pharmacy 1mg Technologies Pvt. Ltd has raised $70 million (Rs 482.7 crore at current exchange rates) in a funding ....

28 June, 2019

InMobi appoints Harvard professor as independent director

Payal Ganguly

Mobile marketing and advertising platform InMobi has announced the appointment of Harvard professor and economic strategist Tarun ....

28 June, 2019

Over 40% of consumers in India trust entities to protect personal data: Survey

Tanmay Tiwary

Only two out of five (41%) consumers in India trust organisations offering digital services to protect their personal data, said ....

28 June, 2019
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Over 21% of MSMEs across globe became prey to cyberattacks: Sophos survey

Tanmay Tiwary

More than 21% of micro, small and medium enterprises (MSMEs) across the globe have fallen victim to cyberattacks in the past year, ....

28 June, 2019

Tech Mahindra to partner Italian firm to offer governance and compliance services to banks

Anirban Ghoshal

Indian information technology (IT) services provider Tech Mahindra has partnered Italy-based consultancy and software services ....

28 June, 2019

Despite relief from govt, angel tax comes back to bite startups

Payal Ganguly

Despite 702 startups being granted exemption letters by the Central Board of Direct taxes, the so-called angel tax is back to ....

27 June, 2019

Flipkart to replace 40% of delivery fleet with electric vehicles by early 2020

Binu Paul

E-commerce marketplace Flipkart will introduce electric vehicles for its last-mile deliveries, the Bangalore-based company said ....

27 June, 2019

E-learning platform Degreed to sharpen India focus after raising $75 mn

Shweta Sharma

Degreed, a learning and skill-tracking platform for professionals, has raised $35 million (Rs 245 crore) in equity funding from ....

27 June, 2019

Tata Trusts-backed Social Alpha floats disability-focussed accelerator

Payal Ganguly

Tata Trusts initiative Social Alpha, along with Biotechnology Industry Research Assistance Council (BIRAC) and IT firm Mphasis, ....

27 June, 2019

L&T now owns 60% of Mindtree; founders offloading shares

Anirban Ghoshal

Engineering conglomerate Larsen & Toubro (L&T) has completed the acquisition of 31% shares of Mindtree Technologies via ....

27 June, 2019

Exclusive: India Quotient, People Group’s Anupam Mittal back bus aggregator Cityflo

Vijayakumar Pitchiah

Intra-city bus shuttle operator Cityflo has raised funding from People Group founder Anupam Mittal and venture capital firm India ....

27 June, 2019