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Aramex invests in Grab.in and Logisure to bridge last-mile delivery

July 4, 2016

Global logistics service provider Aramex has invested in last mile mobile-based companies Grab.in and Logisure to strengthen its last-mile delivery service in the ecommerce segment in India.

Read more - http://economictimes.indiatimes.com/articleshow/53037828.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

WeddingWishlist raises funding from Facebook India MD

July 4, 2016

WeddingWishlist, a portal that allows users to give and receive wedding gifts, has raised Rs 2 crore from investors such as Facebook India Managing Director Kirthiga Reddy, Multiples Equity founder Renuka Ramanath and CherryTin, among others. The company also has plans to raise the next set of funding later this year.

Fin-tech startup Scripbox raises funding

July 4, 2016

Fin-tech startup Scripbox.Com India Pvt. Ltd has raised an undisclosed amount in its Series B round of funding led by Omidyar Network. Existing investors, including Accel Partners and some angel investors, also participated in the round.

Read more - http://www.vccircle.com/news/technology/2016/07/01/omidyar-network-backs-online-investment-platform-scripbox

Travel Boutique Online acquires strategic equity in Deyor Camps

July 4, 2016

Tech Travels Pvt. Ltd, which runs business to business travel portal Travel Boutique Online (TBO) has bought a strategic stake in Deyor Adventures Pvt. Ltd, which runs campsite aggregator Deyor Camps. Following the deal, the teams of Deyor Camps and TBO will work closely to cross-sell each other’s products and offerings.

Read more - http://www.livemint.com/Companies/AikjrIm1zSRRl5f0DTvu2J/Travel-Boutique-Online-acquires-strategic-equity-in-Deyor-Ca.html

Drone technology startup SwarmX raises funding from TV Mohandas Pai

July 4, 2016

TV Mohandas Pai, chairman of Manipal Global Education and former CFO and HR head of Infosys, has invested an undisclosed amount in Singapore-based drone technology startup SwarmX Pte. Ltd. SwarmX’s offering SwarmX Hive allows users to operate drones with minimal training.

Read more - http://www.vccircle.com/news/technology/2016/07/01/exclusive-tv-mohandas-pai-backs-drone-startup-swarmx

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