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TMT
Open App raises seed funding from Axilor Ventures, ZOHO co-founder
Bangalore-based Open Appliances Pvt Ltd, a startup which makes smart locks for firms, has raised $550,000 (Rs 3.6 crore) from ......
TMT
Paytm to invest $769 million in payments biz
One97 Communications Ltd, which operates mobile wallet Paytm, will invest close to Rs 5,000 crore ($769 million) in its payments ......
TMT
ShopClues gets BCCL backing, narrows losses in FY17
Media conglomerate Bennett, Coleman and Company Ltd (BCCL) has struck a Rs 97.5-crore ($15 million) ad-for-equity deal with Gurgaon-based Clues ......
TMT
Amazon infuses $20 mn into logistics arm
Amazon Transportation Services Pvt. Ltd, the logistics arm of e-tailer Amazon India, has received Rs 130 crore ($20 million) from ......
Finance
HDFC Bank may float $30 mn startup fund
In what signifies India Inc's growing interest in the startup ecosystem, HDFC Bank, one of the country's largest private-sector lenders, ......
TMT
BCCL to back food-tech firm FreshMenu
Bengaluru-based food-tech startup Foodvista India Pvt. Ltd, which operates online food delivery platform FreshMenu, has found a new backer in ......
TMT
Zomato in talks to merge with rival Swiggy: Reports
Restaurant-finder and food-delivery startup Zomato is reportedly in talks with competitor Swiggy for a merger.On Wednesday, two media reports said ......
TMT
Naukri owner Info Edge sees 7% rise in revenues; 99acres hits operational breakeven
Info Edge (India) Ltd, which operates job portal Naukri, realty site 99acres and online matrimonial platform Jeevansathi, reported a 7% ......
People
Co-working space firm WeWork India's top exec Juggy Marwaha resigns
Juggy Marwaha, a top executive at the India unit of New York-based shared workspace provider WeWork, has quit 10 months ......
Startups
VC-backed app engagement startup Mavin on brink of shutdown
Silicon Valley- and Bangalore-based mobile app engagement startup Mavin Technologies Pvt. Ltd is close to shutting down operations, a person ......
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