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Accel, Tiger Global-backed Vedantu gets new VC investor

TMT

05 April, 2018

Accel, Tiger Global-backed Vedantu gets new VC investor

Bangalore-based online tutoring startup Vedantu Innovations Pvt. Ltd is raising up to $10 million (Rs 65 crore) in a fresh ......

SoftBank leads $62 mn funding round in Grofers at lower valuation

Startups

16 March, 2018

SoftBank leads $62 mn funding round in Grofers at lower valuation

Gurgaon-based online grocery startup Grofers India Pvt. Ltd has raised Rs 400 crore (around $62 million) in a Series E ......

Goldman Sachs, UC-RNT lead $51 mn funding in online home rental startup NestAway

TMT

01 March, 2018

Goldman Sachs, UC-RNT lead $51 mn funding in online home rental startup NestAway

Bengaluru-based online home rental startup NestAway Technologies Pvt. Ltd has raised $51 million (Rs 332.5 crore) in a Series D ......

Walmart in talks to buy minority stake in Flipkart: Report

TMT

31 January, 2018

Walmart in talks to buy minority stake in Flipkart: Report

US-based offline and online retailer Walmart Stores Inc. is in advanced stages of talks to buy a significant minority stake ......

Will keep growing at 50-100% annually: Freshworks' Girish Mathrubootham

TMT

29 January, 2018

Will keep growing at 50-100% annually: Freshworks' Girish Mathrubootham

Within eight years of its launch, Chennai-headquartered Freshdesk has gone from offering a single product to challenging the giants of ......

CarTrade to acquire Shriram Automall for $24.5 mn

TMT

24 January, 2018

CarTrade to acquire Shriram Automall for $24.5 mn

MXC Solutions India Pvt. Ltd, the operator of CarTrade.com and Carwale.com websites, has agreed to buy Shriram Group’s unit that ......

Is profitability on the horizon for tea startups Chai Point and Chaayos?

TMT

22 January, 2018

Is profitability on the horizon for tea startups Chai Point and Chaayos?

India produces more than a billion kilograms of tea every year and Indians are equally enthusiastic about consuming the beverage. ......

Quikr turnover rises but it's still India's second-smallest unicorn by revenues

TMT

19 January, 2018

Quikr turnover rises but it's still India's second-smallest unicorn by revenues

Bengaluru-headquartered online classifieds platform Quikr India Pvt. Ltd posted a 55% rise in turnover for the financial year 2016-17, according ......

Former Maersk executive, ex-PwC India head join Delhivery's board

People

18 January, 2018

Former Maersk executive, ex-PwC India head join Delhivery's board

E-commerce logistics firm Delhivery Pvt. Ltd has appointed Hanne Birgitte Sorensen and Deepak Kapoor - former executives of Maersk and ......

Razorpay raises $20 mn in Series B round from Tiger Global, others

TMT

15 January, 2018

Razorpay raises $20 mn in Series B round from Tiger Global, others

Bengaluru-based online payment gateway startup Razorpay Software Pvt. Ltd has raised $20 million (Rs 127 crore) in its Series B ......