Vijayakumar Pitchiah

Hyundai, KIA Motors seek CCI nod to invest in Ola EV arm, parent

Vijayakumar Pitchiah

South Korean automotive major Hyundai Motor and its sister company Kia Motors, have sought the approval of the Competition Commission ....

16 September, 2019

Mahindra ties up with Hyundai-backed Revv for vehicle subscriptions

Vijayakumar Pitchiah

Automobile major Mahindra & Mahindra (M&M) has tied up with the self-drive rental platform Revv to offer its range of ....

13 September, 2019
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Music streaming app JioSaavn gets $54 mn from parent Reliance

Vijayakumar Pitchiah

Music streaming app JioSaavn has raised $53.83 million from parent company Reliance Industries (RIL). Saavn Media, which operates ....

12 September, 2019

Amazon extends ad platform to external brands, Flipkart gets cash infusion ahead of festive season

Vijayakumar Pitchiah

Ecommerce major Amazon has extended its digital ad-platform to external advertisers and brands. Amazon India’s consumer-facing ....

11 September, 2019

Omidyar, Nexus lead $10 mn Series A in edtech startup WhiteHat Jr

Vijayakumar Pitchiah

Mumbai-based education technology startup WhiteHat Jr raised $10 million in a Series A funding round led by existing investors ....

10 September, 2019

Reliance invests $1.73 mn more in digital media subsidiary NEWJ

Vijayakumar Pitchiah

Mukesh Ambani-owned Reliance Industries (RIL) has invested another $1.73 million in its digital media subsidiary New Emerging ....

9 September, 2019
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Bertelsmann to fund 15k AI, cloud scholarships on edtech platform Udacity

Vijayakumar Pitchiah

Germany-based media, services and education conglomerate Bertelsmann will fund 15,000 scholarships in artificial intelligence ....

6 September, 2019

Amazon food delivery launch gathers steam with promise of lower restaurant commissions: Report

Vijayakumar Pitchiah

Seattle-headquartered ecommerce major Amazon’s food delivery launch plans for India have gathered steam even as it is onboarding ....

6 September, 2019

First Principle Labs raises $4.5 mn from Matrix Partners, Sequoia, others

Vijayakumar Pitchiah

Mumbai-based fintech startup First Principle Labs Technologies has raised $4.5 million in its maiden external funding round. Matrix ....

5 September, 2019

Exfinity Ventures leads $5 mn Pre-Series A in edtech startup 3rdFlix

Vijayakumar Pitchiah

Hyderabad-based edtech startup 3rdFlix, which offers visually-interactive educational content, has raised $5 million in a pre-Series ....

5 September, 2019
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Matrix, Omidyar Network back neo-banking startup Yelo

Vijayakumar Pitchiah

Mumbai-based Yelo, which operates a neo-bank (100% digital bank) for consumers, has raised an undisclosed sum in seed round from ....

4 September, 2019

SAIF Partners, others back online SME lending marketplace Cashflo

Vijayakumar Pitchiah

Mumbai-based Cashflo, which offers lending services for small & medium enterprises (SMEs), has raised $3.3 million in a Series ....

4 September, 2019

Mahindra buys a controlling stake in Meru to take on Ola, Uber

Vijayakumar Pitchiah

Automobile major Mahindra & Mahindra (M&M) has signed an agreement to acquire a 55% stake in Mumbai headquartered radio ....

3 September, 2019

Tiger Global, Westbridge lead $42 mn Series C in edtech platform Vedantu

Vijayakumar Pitchiah

Bengaluru-based online tutoring startup Vedantu has raised $42 million in a Series C round led by existing investor Tiger Global ....

30 August, 2019

Steadview Capital leads $14 mn Series D in subscription management firm Chargebee

Vijayakumar Pitchiah

San Francisco and Chennai-based cloud billing solutions provider Chargebee has raised $14 million in its Series D round of funding ....

29 August, 2019

Lightspeed-backed ThoughtSpot raises $248 mn at $1.95 bn valuation

Vijayakumar Pitchiah

Palo Alto and Bengaluru-based artificial intelligence (AI)-driven data analytics firm ThoughtSpot has raised $248 million in a ....

28 August, 2019

Bike taxi startup Rapido is raising $55 mn in fresh funding round

Vijayakumar Pitchiah

Telangana-based bike taxi startup Rapido is raising $54.55 million in a fresh round of funding led by Bengaluru-based public markets-focussed ....

28 August, 2019

Paytm appoints former Goldman Sachs exec Amit Nayyar as president to lead financial services

Vijayakumar Pitchiah

Digital payments unicorn Paytm has hired former Goldman Sachs executive Amit Nayyar as the president of its financial services ....

27 August, 2019

Ribbit Capital to co-lead $101 mn funding round in fintech startup Cred

Vijayakumar Pitchiah

DreamPlug Technologies, the Mumbai-based fintech startup the runs rewards-based credit card payments app Cred, is raising $101 ....

26 August, 2019

Exclusive: Cloud kitchen platform Freshmenu raises close to $500k in fresh funding

Vijayakumar Pitchiah

After the failed acquisition talks with budget hotels aggregator OYO, Bengaluru-based cloud kitchen Freshmenu has raise $494,575 ....

26 August, 2019

In a first, OYO acquires Hooters Casino Hotel to launch operations in Las Vegas

Vijayakumar Pitchiah

Hospitality major OYO Hotels & Homes has acquired Las Vegas-based Hooters Casino Hotel to launch its operations in Las Vegas, ....

23 August, 2019