Shashank Didmishe

No MDR on digital payments at outlets with turnover of Rs 50 cr

Shashank Didmishe

Banks and digital payment platforms will have to forgo merchant discount rate (MDR) on digital payments made at businesses with ....

21 October, 2019

Mumbai Angels to back startups supported by Neoleap Accelerator

Shashank Didmishe

Investment network Mumbai Angels has partnered with Neoleap Accelerator, an initiative of its eastern India counterpart Calcutta ....

18 October, 2019
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OYO launches booking portal for travel agents

Shashank Didmishe

Hospitality chain OYO Hotels and Homes has launched a hotel booking portal, SuperAgent, for offline travel agents.  The ....

18 October, 2019

Slicepay raises $1.4 mn via four debt issues

Shashank Didmishe

Slicepay, a lending platform focused on young professionals and students, has raised $1.4 million in October through four debt ....

18 October, 2019

IIM Ahmedabad’s accelerator programme launches third cohort for fintech startups

Shashank Didmishe

Bharat Inclusion Initiative, a platform initiated by Indian Institute of Management Ahmedabad’s Centre for Innovation, Incubation ....

17 October, 2019

Quikr is valued at $1.5 bn but may still not be a unicorn

Shashank Didmishe

Online classifieds platform Quikr was valued at $1.5 billion in May this year, according to an independent valuation report filed ....

17 October, 2019
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Tiger Global, Tencent back home security platform myGate

Shashank Didmishe

Home security platform myGate has raised $56 million in a Series B round from Chinese internet conglomerate Tencent Holdings and ....

17 October, 2019

Haircare startup Onesto Labs raises $500,000 in seed funding

Shashank Didmishe

Onesto Labs, which runs the data-driven haircare startup Bare Anatomy, has raised $500,000 in a seed funding round led by consumer-focused ....

16 October, 2019

IoT-based water management startup WEGoT raises $2 mn seed funding

Shashank Didmishe

WeGoT Utility Services, internet of things (IoT)-based water management solutions provider, has raised $2 million in seed funding, ....

16 October, 2019

InCred Financial raises $2.1 mn via debt funding

Shashank Didmishe

Mumbai-based non-banking finance company InCred Financial Services has raised $2.1 million from 17 investors through a market-linked ....

16 October, 2019
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Tiger Global, Sequoia invest $7.5 mn in SaaS startup UrbanPiper

Shashank Didmishe

UrbanPiper Technology, a SaaS (software-as-a-service) startup that enables restaurants to manage online orders, raised $7.5 million ....

16 October, 2019

Rebel Foods to invest $4.9 mn in DropKaffe Food

Shashank Didmishe

Mumbai-based Rebel Foods, the owner of wraps and rolls brand Faasos, will invest $4.9 million in online beverages company DropKaffe ....

15 October, 2019

Flipkart registers new arm Flipkart FarmerMart to enter retail food segment

Shashank Didmishe

Walmart-owned Flipkart has registered a new subsidiary, Flipkart FarmerMart, as the ecommerce major moves closer to entering the ....

15 October, 2019

IRCTC shares end Day 1 with 128% gain

Shashank Didmishe

Shares of the government-run Indian Railway Catering and Tourism Corporation (IRCTC) listed at Rs 626 per share on the National ....

14 October, 2019

Cloudtail India reports 25% revenue growth for FY19

Shashank Didmishe

Cloudtail India, one of the largest sellers on the ecommerce platform Amazon India, posted revenue growth of 25% during the financial ....

14 October, 2019

Apparel platform Bewakoof Brands raises $11.2 mn from Bahrain’s Investcorp

Shashank Didmishe

Mumbai-based Bewakoof Brands, the owner of the online apparel platform Bewakoof.com, has raised $11.2 million in a funding round ....

14 October, 2019

Oracle launches gen2 cloud data centre in Mumbai

Shashank Didmishe

Redwood City, California-headquartered enterprise cloud services provider Oracle has set up a generation 2 cloud data centre in ....

11 October, 2019

Hevo Data raises $4 mn in seed round from Sequoia Surge, Chiratae Ventures

Shashank Didmishe

Unified data platform Hevo Data has raised $4 million in a seed funding round from Surge, a Sequoia Capital India initiative for ....

10 October, 2019

Matrix, Falcon Edge lead $11 mn funding round in social commerce platform DealShare

Shashank Didmishe

Jaipur based Merabo Labs, owner of social commerce platform DealShare, has raised $11 million in seed and Series A rounds led ....

10 October, 2019

OYO, Softbank acquire realty company MDI to boost Japan operations

Shashank Didmishe

Gurugram-based OYO Hotels & Homes and Softbank have acquired Japan-headquartered rental services provider MDI. “Through ....

9 October, 2019

Flipkart continues to lead festive season sales with 63% market share: Redseer

Shashank Didmishe

Walmart-owned ecommerce giant Flipkart (including Myntra and Jabong) continued to maintain its leadership position in the Indian ....

9 October, 2019