Flipkart backs B2B logistics startup Shadowfax in $60 mn Series D round

Payal Ganguly

Bengaluru-headquartered logistics startup Shadowfax has raised an undisclosed amount from e-commerce marketplace Flipkart as part ....

5 December, 2019

RBI raises cap for lenders on P2P platforms; new category of digital wallets on the cards

Payal Ganguly

The Monetary Policy Committee on Thursday increased the exposure of lenders on peer-to-peer (P2P) non banking financial companies ....

5 December, 2019
ADVERTISEMENT

Used two-wheeler marketplace CredR raises $6 m from Omidyar, others

Payal Ganguly

Mumbai headquartered Incredible Technologies, which operates used two-wheeler marketplace CredR, has raised $6 million from Omidyar ....

5 December, 2019

Exclusive: Sistema Asia Capital lines up second India fund with $150 mn target corpus

Payal Ganguly

Growth and mid-stage focused venture capital investor Sistema Asia Capital, which primarily invests in technology businesses in ....

5 December, 2019

Co-living startup Zolo raises venture debt from Trifecta

Payal Ganguly

Mumbai headquartered co-living space provider Zolo has raised $7 million in venture debt from Trifecta Capital.  This ....

5 December, 2019

Paytm parent backs bus ticketing platform Infinity Transoft

Payal Ganguly

One97 Communications, which operates digital payments and financial service platform Paytm, has invested an undisclosed amount ....

4 December, 2019
ADVERTISEMENT

India’s Personal Data Protection Bill gets cabinet approval

Payal Ganguly

The union cabinet has approved the personal data protection bill for introduction in the ongoing winter session of parliament ....

4 December, 2019

SaaS unicorn Druva clocks $100 mn annual recurring revenue with growing customer base

Payal Ganguly

Sunnyvale, California-headquartered cloud data protection and management company Druva has crossed $100 million in ARR (annual ....

4 December, 2019

Online pharmacies seek urgent notification of E-Pharmacy Rules

Payal Ganguly

A consortium of e-pharmacy companies, digital health platforms (DHP), met in Delhi today to draw the government’s attention ....

3 December, 2019

Flipkart-backer Accel raises $550 mn India fund for seed and early stage startups

Payal Ganguly

Palo Alto, California headquartered venture capital firm Accel closed its sixth successive India-specific fund at $550 million, ....

3 December, 2019
ADVERTISEMENT

India sets ball rolling on new cyber security strategy to counter emerging threats

Payal Ganguly

India is preparing for a new National Cyber Security Strategy 2020 (NCSS 2020). This comes weeks after Israeli firm NSO allegedly ....

2 December, 2019

Venture Catalysts backs healthtech company WonDRx

Payal Ganguly

Prescription digitisation company WonDRx has raised an undisclosed amount in a seed round from Venture Catalysts and NB Ventures. The ....

29 November, 2019

Zomato appoints Akriti Chopra as CFO

Payal Ganguly

Gurugram headquartered restaurant aggregator and food delivery company Zomato has appointed Akriti Chopra as chief financial officer ....

28 November, 2019

Watch: Leo Capital’s Shwetank Verma on exits, breakout sectors for future investments

Payal Ganguly

The increasing inflow of growth stage capital into the Indian startup market will see secondary sales gain ground as an exit ....

28 November, 2019

WhatsApp traceability will be a part of new intermediary guidelines: MeitY

Payal Ganguly

The need for the traceability of rogue messages on Facebook-owned messaging service WhatsApp will continue to be a part of the ....

28 November, 2019

Logistics solutions provider Holisol raises $2.8 mn from BlackSoil Capital

Payal Ganguly

Delhi-based supply chain solutions provider Holisol Logistics raised $2.8 million in an asset financing round from BlackSoil Capital.  The ....

27 November, 2019

T Rowe Price joins SoftBank, Ant Financial in Paytm funding round

Payal Ganguly

Paytm, the digital payments platform owned by One97 Communications, raised a fresh round of capital from existing and new investors, ....

25 November, 2019

China’s CDH Investments to accelerate India investments from March

Payal Ganguly

After placing bets on about five technology startups in India over the past two years, Beijing headquartered CDH Investments is ....

22 November, 2019

Nazara to invest $20mn in gaming startups in 2020

Payal Ganguly

Gaming and sports media company Nazara Technologies says it will invest $20 million in gaming startups across India, Africa and ....

22 November, 2019

Sharechat backer India Quotient closes Fund III at $60 million; raises $40 mn for later stage bets

Payal Ganguly

India Quotient (IQ), the Mumbai based venture capital firm founded by former Seedfund executive Anand Lunia, has raised $60 million ....

21 November, 2019

DPIIT recognises more than 7,000 startups till Nov; fintech startups dominate

Payal Ganguly

The number of startups recognised by the Department for Promotion of Industry and Internal trade (DPIIT) for the current financial ....

21 November, 2019