Vijayakumar Pitchiah - Author at VCCircle
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Vijayakumar Pitchiah

Ahead of sale season, Flipkart's B2B arm raises $156 mn loan

TMT

18 September, 2017

Ahead of sale season, Flipkart's B2B arm raises $156 mn loan

Flipkart India Pvt. Ltd, the wholesale cash-and-carry arm of e-tailer Flipkart and its largest unit, has received a working capital ......

Zoomcar enters into fleet financing deal with Ford India's NBFC arm

TMT

15 September, 2017

Zoomcar enters into fleet financing deal with Ford India's NBFC arm

Bangalore-based self-driven rental car startup Zoomcar has struck a Rs 35-crore ($5.45 million) financing agreement with Ford Credit India Pvt. ......

Digital payments not a one-player-takes-all game: PhonePe co-founder Rahul Chari

TMT

15 September, 2017

Digital payments not a one-player-takes-all game: PhonePe co-founder Rahul Chari

For a rather late entrant into the digital payments segment, Flipkart-owned PhonePe has claimed high growth figures in a short ......

Shriram Transport Finance picks up 17% stake in logistics startup Freight Tiger

TMT

13 September, 2017

Shriram Transport Finance picks up 17% stake in logistics startup Freight Tiger

Commercial vehicle financier Shriram Transport Finance Company Ltd has invested Rs 6.99 crore ($1.09 million) to acquire a 17% stake ......

Flush with funds, Flipkart sets aside $1.25 bn for buyouts, investments

TMT

13 September, 2017

Flush with funds, Flipkart sets aside $1.25 bn for buyouts, investments

Homegrown e-commerce major Flipkart has bumped up the reserves earmarked for financing investments, making acquisitions and extending inter-corporate loans to ......

Tendulkar, Sindhu & Gopichand to back health-tech startup CallHealth

TMT

11 September, 2017

Tendulkar, Sindhu & Gopichand to back health-tech startup CallHealth

CallHealth Services Pvt. Ltd, a Hyderabad-based healthcare services aggregator, is set to raise Rs 40 crore ($6.2 million) in a ......

Amazon Pay opens escrow account with HDFC Bank

TMT

08 September, 2017

Amazon Pay opens escrow account with HDFC Bank

Amazon Pay (India) Pvt. Ltd, the digital payments arm of e-commerce major Amazon India, has entered into an escrow agreement ......

Credit scoring platform CreditVidya bags $5 mn from Matrix, Kalaari

TMT

07 September, 2017

Credit scoring platform CreditVidya bags $5 mn from Matrix, Kalaari

Mumbai-based InfoCredit Services Pvt. Ltd, which operates credit scoring platform CreditVidya, has raised $5 million (Rs 32 crore) in a ......

Snapdeal injects $23.7 mn into Vulcan Express

TMT

07 September, 2017

Snapdeal injects $23.7 mn into Vulcan Express

Vulcan Express Pvt. Ltd, the logistics arm of e-commerce firm Snapdeal, has received Rs 152.44 crore ($23.7 million) from its ......

IIFL Asset Management chief Prashasta Seth joins Uniphore board

People

06 September, 2017

IIFL Asset Management chief Prashasta Seth joins Uniphore board

Prashasta Seth, chief executive of IIFL Asset Management Company, has joined the board of directors at speech-recognition startup Uniphore Software ......