Vijayakumar Pitchiah

Funding roundup: Auto classifieds, logistics-tech account for half of deal value in subdued week

Vijayakumar Pitchiah

The value of startup-related deals declined further in the fourth week of May despite the volume going up, with no big-ticket ....

24 May, 2019

Logistics-tech startup Freight Tiger secures fresh funding

Vijayakumar Pitchiah

Logistics-technology startup Freight Tiger has raised $2 million (Rs 14 crore at the current exchange rate) in a fresh round of ....

24 May, 2019
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Exclusive: Bus aggregator Shuttl gets fresh commitments for ongoing $20 mn funding round

Vijayakumar Pitchiah

Shuttl, the Amazon-backed intra-city bus aggregator, is raising up to $6 million (Rs 42 crore at current exchange rate) in a funding ....

24 May, 2019

Meet the Amazon-backed startup hitting the right notes with its payment solutions

Vijayakumar Pitchiah

If ToneTag has its way, you may soon be able to walk out of a restaurant or alight a bus without anyone actually seeing you pay ....

22 May, 2019

Ola-owned Foodpanda pivots to cloud kitchens

Vijayakumar Pitchiah

Foodpanda India, the food-technology firm owned by homegrown ride-hailing unicorn Ola, has announced a pivot from delivery services ....

22 May, 2019

Snapdeal close to acquiring ShopClues in all-stock deal: Reports

Vijayakumar Pitchiah

Gurugram-based online marketplace Snapdeal is close to acquiring its rival ShopClues in an all-stock deal, reports said. The ....

22 May, 2019
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Former Infosys CEO Sikka’s AI startup bags $50 mn

Vijayakumar Pitchiah

Vian Systems, Inc., a US-based artificial intelligence (AI) startup founded by former Infosys chief executive Vishal Sikka, has ....

21 May, 2019

Shadowfax appoints former Myntra tech chief as independent director

Vijayakumar Pitchiah

Bengaluru-based logistics startup Shadowfax Technologies Pvt. Ltd has appointed former Myntra product and technology chief Shamik ....

20 May, 2019

SoftBank signs fat cheque for e-grocer Grofers; Tiger Global keeps piling into B2B

Vijayakumar Pitchiah

The third week of May saw muted funding activity, with the total investment value falling by almost a third from a week earlier. Nearly ....

17 May, 2019

MakeMyTrip revenue for March quarter climbs 23%, loss shrinks

Vijayakumar Pitchiah

MakeMyTrip Ltd, the country's largest online travel services provider, reported higher revenue and narrower loss for the fourth ....

17 May, 2019
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Exclusive: Rural commerce enabler StoreKing raises $3 mn in fresh funding round

Vijayakumar Pitchiah

Bengaluru-based e-commerce enabler StoreKing, which helps small town retailers offer digital services, has raised $3 million (Rs ....

16 May, 2019

Home service marketplace UrbanClap posts 2.5 times growth in operating revenues

Vijayakumar Pitchiah

Delhi-based home services marketplace UrbanClap Technologies India Pvt. Ltd has reported 2.5 times growth in operating revenues ....

16 May, 2019

SoftBank leads $200 mn round in e-grocer Grofers

Vijayakumar Pitchiah

Online grocer Grofers India Pvt. Ltd has raised more than $200 million (Rs 1,406 crore at current exchange rate) in a funding ....

15 May, 2019

Exclusive: Belgium-based Sofina invests $22 mn in local language content app Dailyhunt

Vijayakumar Pitchiah

Local language content and news aggregator Dailyhunt has raised $22 million (Rs 154.5 crore at current exchange rate) in a fresh ....

15 May, 2019

SoftBank likely to back Dailyhunt; Falcon Edge may invest in Stanza Living: Reports

Vijayakumar Pitchiah

Local-language content and news aggregator Dailyhunt, owned by Bengaluru-based Versé Innovation Pvt. Ltd, is in talks to ....

15 May, 2019

Online healthcare service provider Docttocare raises $600K in seed round

Vijayakumar Pitchiah

Docttocare, a Bengaluru-based online platform for accessing healthcare services, has raised $600,000 (around Rs 4 crore) in its ....

14 May, 2019

B2B used cars firm Cars24, fintech platform Open may raise fresh funding: Reports

Vijayakumar Pitchiah

Gurugram-based Cars24, business-to-business used cars marketplace, is set to close $80 million in a fresh funding round led by ....

14 May, 2019

Tiger Global, Falcon Edge lead Series B round in logistics technology startup Locus

Vijayakumar Pitchiah

Mara Labs Inc., a Delaware and Bengaluru-based startup that provides logistics management solutions under the brand Locus, has ....

13 May, 2019

Treebo, Hype and ConfirmTKT may raise fresh capital: Reports

Vijayakumar Pitchiah

Budget hotel chain Treebo Hotels is in advanced talks to raise up to $40 million (Rs 281 crore at current exchange rates) from ....

13 May, 2019

Tiger Global, Chiratae co-lead $10-mn round in home rental firm Nestaway

Vijayakumar Pitchiah

Bengaluru-based online home rental startup Nestaway Technologies Pvt. Ltd has raised $10 million (around Rs 70 crore) in a fresh ....

10 May, 2019

SoftBank books profit in FY19 thanks to investments in Flipkart, OYO

Vijayakumar Pitchiah

Japanese internet conglomerate SoftBank has reaped the fruit of its Indian investments in e-commerce firm Flipkart and budget ....

10 May, 2019