Vijayakumar Pitchiah

Funding Roundup: Investments cross $400 million on the back of growth deals

Vijayakumar Pitchiah

Growth stage funding took center-stage again this week which saw a total of 21 deals worth more than $400 million being concluded. ....

19 July, 2019

Watch: B2B startups will take off in the next 6-7 years: Sateesh Andra, Endiya Partners

Anand J & Vijayakumar Pitchiah

Hyderabad-born Sateesh Andra spent several years in Silicon Valley building his own IT management software startup Euclid before changing lanes to become a venture capitalist. He set up and ran Draper Fisher Jurvetson’s (DFJ) India operations more t

19 July, 2019
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Accel leads fresh funding round in travel management startup Travelstop

Vijayakumar Pitchiah

Singapore-based Travelstop, founded by Indian-origin entrepreneurs, has raised $3 million (Rs 20.67 crore at the current rate) ....

18 July, 2019

eBay picks up 5.5% stake in Paytm Mall

Vijayakumar Pitchiah

US-headquartered ecommerce firm eBay Inc has picked up a 5.5% stake in ecommerce marketplace Paytm Mall for an undisclosed amount ....

18 July, 2019

Ebix seals agreement to buy Yatra for $338 mn

Vijayakumar Pitchiah

US-headquartered software firm Ebix Inc has entered into a definitive agreement with Yatra Online Private Limited to acquire the ....

17 July, 2019

Sequoia-backed data analytics startup Near raises $100 mn

Vijayakumar Pitchiah

Singapore-based data analytics startup Near has raised $100 million (Rs 688.39 crore at current exchange rates) from  London-based ....

17 July, 2019
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ByteDance to back local content firms; Facebook may be able to launch WhatsApp Pay soon

Vijayakumar Pitchiah

TikTok owner ByteDance is scouting investment in local content platforms to capture newer audiences, while Amazon has made a soft ....

17 July, 2019

OYO founder to increase stake through Cayman-based entity

Vijayakumar Pitchiah

Ritesh Aggarwal, the founder of Gurugram-based hospitality chain OYO Hotels and Homes, is increasing his stake in the company ....

17 July, 2019

Online grocer Grofers gets $10mn top-up funding from UAE-based investor

Vijayakumar Pitchiah

Online grocer Grofers has raised another $10 million in what appears to be a top-up to its latest funding round, The Economic ....

16 July, 2019

Aishwarya Rai, Techstars back environmental intelligence startup Ambee

Vijayakumar Pitchiah

Bengaluru-based environmental intelligence startup Ambee has raised funds from popular film actor Aishwarya Rai and US-based seed ....

16 July, 2019
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Trifecta Capital, NDTV invest in digital payments platform MobiKwik

Vijayakumar Pitchiah

MobiKwik, the digital payments platform owned by Gurugram-based One MobiKwik Systems Private Limited, has raised $1.27 million ....

15 July, 2019

Nazara consolidates stakes in Sportskeeda and Halaplay, invests in Qunami

Vijayakumar Pitchiah

Mobile game developer Nazara Technologies Ltd has invested $5.21 million (Rs 35.76 crore at the current exchange rate) in Bangalore-based ....

15 July, 2019

Swiggy in talks to raise $500mn from Korean investors, Naspers: Report

Vijayakumar Pitchiah

As competition in India’s food-tech sector intensifies, Swiggy, the food delivery platform owned by Bengaluru-based Bundl ....

15 July, 2019

AI-based robot maker Emotix raises $2.71mn from Chiratae, others

Vijayakumar Pitchiah

Mumbai-based Emotix, which makes robots for consumer use, has raised $2.71 million (Rs 18.58 crore at the current exchange rate) ....

11 July, 2019

Medical supplies marketplace Medikabazaar appoints former Cox & Kings exec as tech chief

Vijayakumar Pitchiah

Medikabazaar, a business-to-business (B2B) online marketplace for medical supplies, has appointed former Cox & Kings executive ....

11 July, 2019

Tiger Global leads $60mn funding for industrial goods marketplace Moglix

Vijayakumar Pitchiah

Online business-to-business (B2B) industrial goods marketplace Moglix has raised $60 million (Rs 410 crore at the current exchange ....

11 July, 2019

Logistics tech platform Ezyhaul gets $16mn to expand SE Asian operations

Vijayakumar Pitchiah

Singapore-based logistics and freight management platform Ezyhaul, which has operations in India, has raised $16 million (Rs 109.65 ....

10 July, 2019

Milkbasket makes second acquisition, buys e-grocer PSR Supply Chain

Vijayakumar Pitchiah

Micro-delivery startup Milkbasket announced that it has made its second acquisition by acquiring Bengaluru-based PSR Supply Chain ....

9 July, 2019

Oyo may list in 2-3 years, look at $18bn valuation: Report

Vijayakumar Pitchiah

Gurugram-based budget hospitality chain Oyo Hotels & Homes is gearing to take the public route within the next two-three years, ....

9 July, 2019

Exclusive: Edtech unicorn Byju’s to raise $150mn, valuation to cross $5bn

Vijayakumar Pitchiah

Edtech unicorn Byju’s, run by Think and Learn Pvt. Ltd, is raising another $150 million (Rs 1,035 crore at current rate) ....

9 July, 2019

InMobi morphs into holding company, slots its three verticals into new structure: Report

Vijayakumar Pitchiah

Mobile marketing and advertising platform InMobi has created a holding company with three independent entities for its core businesses, ....

8 July, 2019