Mumbai-based payments startup Ftcash has raised an undisclosed amount in funding from Silicon Valley based venture capital fund 500 Startups as part of its pre-series-A round.
Gurgaon-based used car platform Spinny has raised $1 Million in a seed-funding round led by Blume Ventures, Indian Angel Network and FreeCharge co-founders Kunal Shah and Sandeep Tandon.
Alibaba Group’s entertainment arm Alibaba Pictures has acquired a majority stake in India’s second-largest online ticketing platform, TicketNew.
Recruitment services marketplace Aasaanjobs has acquired Noida-based rival mHire in a cash-and-stock deal to increase its presence in north India and expand its client base.
GyanDhan, an online marketplace for education loans operated by Delhi-based Senbonzakura Consultancy Pvt Ltd, has secured an undisclosed amount from Sundaram Finance Holdings, a subsidiary of Chennai-based Sundaram Finance Ltd.