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

LeadSquared raises $3 mn in Series A round as it focuses on global expansion

Shweta Sharma

Bengaluru-based sales execution, automation and predictive analytics platform LeadSquared has secured $3 million (Rs 14 crore ....

17 May, 2019
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TCS chief exec’s pay package grows 28% in 2018-19

Anand J

Software services firm Tata Consultancy Services (TCS) chief executive officer and managing director (CEO and MD) Rajesh Gopinathan ....

17 May, 2019

Infosys board okays stock plan for workers; CEO to get shares worth $1.4 mn

Vignesh Ananthraj

Software services firm Infosys has said that its board of directors has approved the Infosys Expanded Stock Ownership Program ....

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

Walmart reports significant decline in February-April operating profit on Flipkart inclusion

Payal Ganguly

US-based retail giant Walmart Inc. said it clocked a significant decline in global operating profit for the February-April quarter ....

17 May, 2019
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Insourcing in India gains speed, reaches $28.3 bn market size: Nasscom-Zinnov study

Anand J

Global capability centres (GCCs) run by large multinationals in India have generated $28.3 billion in value for the financial ....

16 May, 2019

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

Agri-tech startup DeHaat raises venture debt from Trifecta

Payal Ganguly

Patna-headquartered Green Agrevolution Pvt. Ltd, which operates online marketplace for farmers DeHaat, has raised Rs 20 crore ....

15 May, 2019
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Meet the four Indian startups selected for Anthill Ventures’ A-Scale programme

Shweta Sharma

Early-stage investment firm Anthill Ventures has shortlisted 15 startups for its six-month market access programme A-Scale, which ....

15 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

Games2win rolls out investment fund focused on gaming startups

Om Athavale

Mumbai-based mobile games developer Games2win India Pvt. Ltd has announced the launch of its Replay Gaming Fund, aimed at gaming ....

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

Mobile banking grows but m-wallet growth slows in 2018-19

Payal Ganguly

The volume of mobile banking transactions jumped 230% to around 6.2 billion during the financial year 2018-19, Reserve Bank of ....

14 May, 2019

Ethereal Machines secures pre-Series A funding in round led by Blume Ventures

Om Athavale

Bengaluru-based deep-tech manufacturing startup Ethereal Machines Pvt. Ltd has raised $1 million (Rs 7 crore) in its pre-Series ....

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

Medical consultation platform DocsApp raises $1.7 mn from InnoVen Capital

Shweta Sharma

Bengaluru-based DocsApp has raised Rs 12 crore ($1.7 million at current exchange rate) as debt capital from venture debt firm ....

14 May, 2019

GTA maker Rockstar Games acquires Indian game developer Dhruva Interactive

Om Athavale

New York-based games developer Rockstar Games has agreed to acquire Dhruva Infotech Pvt. Ltd’s Indian game developer and ....

13 May, 2019