RBI to set up innovation hub for fintech firms

Binu Paul

The Reserve Bank of India (RBI) said it will set up a fintech innovation hub, for which it is preparing soon-to-be-released guidelines. The ....

26 March, 2019

There’s a lot cooking in cloud kitchens -- does Rebel Foods have the right recipe?

Binu Paul

Earlier this month, Rebel Foods, the internet-first restaurant platform best known for its wraps and rolls brand Faasos, secured ....

25 March, 2019
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Karnataka transport department suspends Ola’s aggregator licence

Binu Paul

In a major setback to Ola, the Karnataka transport department has suspended the cab-hailing unicorn’s aggregator licence ....

22 March, 2019

Revenue management platform Voiro raises pre-Series A funding

Binu Paul

Bengaluru-based Voiro, a revenue management suite for ad-led digital publishers, has raised Rs 2.5 crore ($363,023 at current ....

22 March, 2019

Crypto trading platform CoinDCX raises seed funding

Binu Paul

Cryptocurrency trading platform CoinDCX has raised an undisclosed amount of seed funding from Bain Capital Ventures and a group ....

20 March, 2019

Online payments firm Pine Labs to buy Amazon-backed QwikCilver for $110 mn

Binu Paul

Digital retail payments platform Pine Labs is acquiring Bengaluru-based gift card solutions provider QwikCilver for $110 ....

19 March, 2019
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Ola raises $300 mn from Hyundai Motor, Kia

Binu Paul

Ride-hailing company Ola has raised $300 million (Rs 2,050 crore) from South Korean automakers Hyundai Motor Co and Kia Motors ....

19 March, 2019

Online education marketplace Udemy sets up Gurugram office to deepen India operations

Binu Paul

Online learning marketplace Udemy, Inc. has established an employee hub in Gurugram as the San Francisco-headquartered firm looks ....

18 March, 2019

Ex-colleague accuses WebEngage co-founder Avlesh Singh of sexual harassment

Binu Paul

A former WebEngage employee has accused the software-as-a-service (SaaS) startup’s co-founder and chief executive Avlesh ....

18 March, 2019

Yatra to consider Ebix’s takeover proposal

Binu Paul

Nasdaq-listed Yatra Online Inc. said it will consider Ebix Inc.'s proposal to acquire the online travel company. In a stock-exchange ....

15 March, 2019
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Faasos parent Rebel Foods secures first tranche of Series D round

Binu Paul

Rebel Foods, an internet kitchen platform which owns and operates a number of brands including Faasos and Behrouz Biryani, has ....

13 March, 2019

Exclusive: Swiggy piloting bulk-order service as diversification drive continues

Binu Paul

Weeks after entering the hyperlocal delivery space, food-tech unicorn Swiggy is pressing on with its rapid diversification by ....

14 March, 2019

The Wedding Brigade tops up pre-Series A funding round

Binu Paul

Mumbai-based Sitara Digital Ventures, which runs marriage ceremony solutions portal The Wedding Brigade (TWB), has raised an additional ....

12 March, 2019

Fresh food aggregator platform Aibono raises pre-Series A funding

Binu Paul

Aibono Smart Farming Pvt. Ltd, which offers an artificial intelligence-powered fresh food aggregation platform, has raised $2.5 ....

11 March, 2019

SparesHub, EroNkan secure fresh capital; Reliance looks to snap up Fynd

Binu Paul

Automobile parts marketplace SparesHub, run by Iradium Automobiles Pvt. Ltd, has raised Rs 3.5 crore  ($500,710 at current ....

11 March, 2019

Task management app Dunzo closing in on $20 mn funding; Coverfox to raise money

Binu Paul

Bengaluru-based daily tasks management app Dunzo, run by Dunzo Digital Pvt. Ltd, is in advanced stages of discussions to close ....

8 March, 2019

Delhivery is India’s latest unicorn after closing $395-mn funding round

Binu Paul

Logistics-tech firm Delhivery Pvt. Ltd has become the newest member of India’s unicorn club after raising $395 million (around ....

6 March, 2019

Outstation taxi service firm Gozo Cabs raises funding

Binu Paul

Outstation taxi service provider Gozo Cabs has raised an undisclosed amount from a bunch of Silicon Valley-based individuals including ....

5 March, 2019

Zomato selling UAE biz to Delivery Hero for $172 mn, closes funding round

Binu Paul

Food-tech unicorn Zomato Media Pvt. Ltd has inked an agreement to sell its UAE business to Delivery Hero while also raising fresh ....

4 March, 2019

Exclusive: Dream11 eyes tag of India’s first gaming unicorn

Binu Paul & Kavya Kothiyal

Dream11 could soon vault into the unicorn club with Hong Kong-based hedge fund Steadview Capital set to bet more than $100 million ....

4 March, 2019

Exclusive: Yepme co-founder joins employment background verifier AuthBridge

Binu Paul

Sandeep Sharma, who co-founded fashion e-commerce firm Yepme, has joined employment background verification company AuthBridge ....

1 March, 2019