Massive

L&T gets three board seats at Mindtree; Subroto Bagchi to step down

Anirban Ghoshal

Three Larsen & Toubro (L&T) executives, including CEO and managing director SN Subrahmanyan, have been appointed to the ....

20 June, 2019

Sequoia-backed SaaS firm Druva enters unicorn club with $130 mn funding round

Binu Paul

Cloud data backup and recovery firm Druva Inc. has raised $130 million (around Rs 902.5 crore at current exchange rate) in a fresh ....

20 June, 2019
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Paytm Money looks to raise $1.2 bn; Snapdeal-ShopClues deal hits a wall

Shweta Sharma

Paytm Money Ltd, the wealth management arm of digital payments company Paytm, is planning to raise as much as $1.2 billion in ....

20 June, 2019

Exclusive: Tiger Global-backed NinjaCart raises venture debt from Trifecta Capital

Vijayakumar Pitchiah

Bengaluru-based 63Ideas Infolabs Pvt. Ltd, which owns business-to-business (B2B) agri-marketing platform NinjaCart, has raised ....

20 June, 2019

IvyCap Ventures leads $4.3 mn funding in online kitchen Biryani By Kilo

Shweta Sharma

Biryani By Kilo, an online kitchen with a few dine-ins, has raised Rs 30 crore ($4.3 million) in its Series A round of funding ....

20 June, 2019

Paytm shifts focus of cashback strategy to offline merchants

Shweta Sharma

Digital payments unicorn Paytm is shifting the focus of its cashback-based incentive strategy from peer-to-peer (P2P) transactions ....

20 June, 2019
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OYO plans $300 mn investment for expansion in US

Kavya Kothiyal

OYO Hotels & Homes said it plans to invest up to $300 million (about Rs 2,086.6 crore at current exchange rate) in the US ....

20 June, 2019

Dailyhunt acquires hyperlocal content platform LocalPlay

Vijayakumar Pitchiah

Native-language content and news platform Dailyhunt has acquired LocalPlay, a Bengaluru-based peer which focuses on the hyperlocal ....

20 June, 2019

Tech Mahindra to aid Airbus in designing its cabin and cargo holds

Anirban Ghoshal

Indian IT services firm Tech Mahindra on Thursday said that it has signed a multi-year contract with aircraft maker Airbus to ....

20 June, 2019

PhonePe’s offline merchant base grows 5 times in 6 months to 5 mn in India

Tanmay Tiwary

Bengaluru-based payments platform PhonePe has announced the growth of its offline merchant base in India to over five million ....

20 June, 2019
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Ride-hailing firm Grab signs up for Qubole’s cloud-native big data platform

Tanmay Tiwary

Singapore-based ride-sharing company Grab has selected Qubole’s cloud-native big data platform on Microsoft Azure for Presto-based ....

20 June, 2019

TeamViewer extends remote control support for Zebra Technologies’ Android devices

Tanmay Tiwary

German business software maker TeamViewer has announced its support to US-based Zebra Technologies’ remote control event ....

20 June, 2019