The Ken, a subscription-based online news platform has raised around INR 10 crore in a Series A funding round led by impact investor Omidyar Network.
Mumbai-based peer-to-peer (P2P) lending startup RupeeCircle will receive INR 4 crore (around USD 588,000) from non-banking financial company Mahindra Finance
Cars24, the online marketplace for buying and selling used cars, has completed an investment raise of about USD 50 million (INR 340 crore) to fuel its expansion from Sequoia Capital India and two of Cars24’s existing investors — Cayman Islands-based Kingsway FCI Fund and Toronto-based KCK Global.
E-commerce giant Amazon has invested INR 230 crore (USD 34 million) into its Indian digital payments arm Amazon Pay.
Zaggle, a payments and group dining company backed by Dubai-based investors has acquired Hyderabad-based payments firm Click&Pay in a cash-and-stock deal.