Vijayakumar Pitchiah - Author at VCCircle
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Vijayakumar Pitchiah

Lifestyle brand Chumbak raises $1.7 mn from Blacksoil, angel investor

TMT

14 July, 2017

Lifestyle brand Chumbak raises $1.7 mn from Blacksoil, angel investor

Bangalore-based Chumbak Design Private Limited, which sells designer-led consumer products, has raised Rs 11 crore ($1.7 million) via equity and ......

Amazon Pay gets $20 mn from parent, rolls out third-party payment services

TMT

13 July, 2017

Amazon Pay gets $20 mn from parent, rolls out third-party payment services

American online retail giant Amazon has infused $20 million (Rs 130 crore) in Amazon Pay, with the much talked about ......

Smart wheelchair maker Arcatron raises funding from Indian Angel Network

Manufacturing

12 July, 2017

Smart wheelchair maker Arcatron raises funding from Indian Angel Network

Pune-based smart wheelchair maker Arcatron Mobility Pvt. Ltd has raised an undisclosed amount in funding from Indian Angel Network (IAN).The ......

Tier II, overseas expansion next steps for Cuemath, says CEO Manan Khurma

TMT

12 July, 2017

Tier II, overseas expansion next steps for Cuemath, says CEO Manan Khurma

Bangalore-based Cue Learn Pvt. Ltd, which runs after-school math-learning startup Cuemath, was in the news earlier this year after it ......

Flipkart's PhonePe enters offline commerce; will the gambit pay off?

TMT

11 July, 2017

Flipkart's PhonePe enters offline commerce; will the gambit pay off?

PhonePe, the UPI-based payment app from homegrown e-tailer Flipkart's stable, has rolled out a payment solution for offline commerce, a ......

Automotive tech firm Smart Auto Systems bags $3 mn from Mitsui

TMT

10 July, 2017

Automotive tech firm Smart Auto Systems bags $3 mn from Mitsui

Hyderabad-based Smart Auto Systems Private Ltd, which operates a workshop management software platform for passenger cars, has raised Rs 20 ......

Cleartrip hires former TCS executive Indroneel Dutt as CFO

TMT

07 July, 2017

Cleartrip hires former TCS executive Indroneel Dutt as CFO

Mumbai-based Cleartrip Pvt. Ltd, an online aggregator of hotels, flights and train bookings, has appointed former TCS executive Indroneel Dutt ......

Uber injects $8 mn into India ops as cash burn remains high

TMT

07 July, 2017

Uber injects $8 mn into India ops as cash burn remains high

San Francisco-headquartered cab-aggregator Uber infused Rs 51.64 crore (about $7.9 million) into its Indian arms in May, documents filed with ......

Amazon India's wholesale arm gets $52.6 mn fund infusion

TMT

07 July, 2017

Amazon India's wholesale arm gets $52.6 mn fund infusion

Amazon Wholesale India Pvt. Ltd, the business-to-business marketplace that operates Amazonbusiness.in, has received Rs 341 crore ($52.6 million) in funding ......

BCCL invests in home services startup Timesaverz

TMT

06 July, 2017

BCCL invests in home services startup Timesaverz

Mumbai-based Timesaverz Dotcom Pvt. Ltd, which runs an online marketplace for home services, has raised $1 million (Rs 6.5 crore) ......