Archive News

17/10/2016

Dailyhunt raises INR168 Crore in fresh capital from Chinese peer Bytedance

Local language content platform Dailyhunt has raised $25 million (Rs 168 crore) in a new round of funding led by China’s Bytedance, itself a content aggregator in China, which is backed by investors like Russian billionaire Yuri Miliner’s DST Global and social media major Sina Weibo.
17/10/2016

Firstcry acquires Mahindra’s baby care franchisee business for INR 362 crore

Online baby products seller Firstcry is acquiring Mahindra Retail, which runs offline stores under Babyoye brand, for about INR 362 Crore in a landmark deal in the Indian retail market. The Pune-based startup, will acquire the franchisee division of Mahindra Retail, part of the $18 billion software to automobiles congolmerates […]
14/10/2016

Startup Open House

Entrepreneurs show the rest of the community a prototype of the product they’ve been working on or a new feature. This is a great opportunity to get to understand what the startups in Bangalore are up to, give feedback, advice and learn what mistakes to avoid. The demos will be […]
14/10/2016

Datagiri October Meetup

Get an opportunity to interact with leaders in the data science, analytics , fintech and startup space and peers in mixed format sessions. With keynote presentations, panel discussions and extensive knowledge sharing the event is a networking session with the leaders in the relevant fields
14/10/2016

Idea to Product – Get Feedback and Technical Consulting!

HASH – Local Social Network is organizing a meet up for all aspiring entrepreneurs to share great ideas and get feedback to understand the technical aspects and cost involved in building the product. It is directed to those who are non technical people who are looking to build a new […]
14/10/2016

VCCircle Education Investment Summit 2016

Improved financial outlays and a host of reforms seen in the recent years can possibly transform India into a knowledge sanctuary. Worth a staggering US$ 92.98 billion, the education sector is poised for major growth. The 7th edition of the Education Investment Summit will see a gathering of the brightest […]
14/10/2016

VCCircle Food & Agri Investment Summit 2016

Food processing, food apps services, packaged and fresh food market were cynosure of startup industry, until at least mid of 2015. Understandably, the market required a self-correction mode, which came in later half of 2015. With almost 146 startups receiving investment in tune of $1034 Million in 2015, the deal […]
14/10/2016

PE firms ASK Pravi, FidelisWorld buy Sportz Interactive

Private equity firm ASK Pravi Capital Advisors Pvt Ltd and sports-focused PE fund FW Sportz Investment Fund (FSIF) acquired Mumbai- based sports data firm Sportz Interactive (SI). Chicago-based STATS Llc, which owned Sportz Interactive, sold off its entire stake to FSIF and ASK Pravi.
14/10/2016

Media & entertainment firm Aadarsh buys stake in Vaw World Animation

Media and Entertainment company Aadarsh Pvt Ltd has acquired a stake in Vaw World Animation Studio, a production house with clients in the US, UK, Japan and Korea with specialised services in TV Series, DVD features, Game Assets, among others.
14/10/2016

Digital media agency Gozoop in talks to acquire 56 Blue Lights

Mumbai-based digital media agency Gozoop is in talks to acquire offline activation agency and syndicated content provider 56 Blue Lights in an all cash deal. Through the acquisition the Mumbai-based company will get access to 56 Blue Lights’ clientele. It expects to grow its revenues by over 50 per cent […]
14/10/2016

Postman raises $7 Million in Series A from Nexus Venture Partners

Postman, the company providing the API(application programming interface) toolchain for developers has raised $7 million in a series A round of funding by Nexus Venture Partners. Founded in 2014, the startup helps the developer community manage APIs through cloud service.
14/10/2016

Specialty condiments manufacturer and supplier Veeba Food Services raises INR 40 Crore from Verlinvest ,Saama Capital

Specialty condiments manufacturer and supplier Veeba Food Services has raised about INR 40 crore in fresh funding, in a round led by Belgian family office Verlinvest and venture capital firm Saama Capital. The funding will be utilized to further build manufacturing infrastructure, strengthen distribution network and marketing.
14/10/2016

Indian School Finance Company raises funding from Gray Matters

Private institutional lender to education sector, Indian School Finance Company (ISFC) has raised $6 million of Series-A funds from social venture capital firm Gray Matters Capital. Impact investment bank Unitus Capital was the advisor for the transaction. ISFC plans to use this money to increase its loan ticket size and […]
14/10/2016

B2B leather goods marketplace ShoeKonnect raises funding from IAN

ShoeKonnect, a business-to-business (B2B) marketplace for leather products, has raised an undisclosed amount of investment from Indian Angel Network. Sahil Kejriwal led the round of investment on behalf of IAN and will join the company’s board. The funding will be utilized to expand the company’s business operations, enhance technology and […]
14/10/2016

Women’s health app Maya raises funding from Rajan Anandan

Bengaluru-based Maya, which operates a women’s health tracker, has raised an undisclosed amount of funding from Rajan Anandan, vice-president, Google, Southeast Asia and India.  The funding will be utilized to enhance user interface, develop the product and expand user base in India.
14/10/2016

Baby care startup Kidsstoppress raises funding from IIFL Wealth’s Karan Bhagat, others

Founder chief executive officer of wealth advisory IIFL Wealth Karan Bhagat and a clutch of other angel investors have invested an undisclosed amount in Mumbai-based parenting and baby care startup Kidsstoppress. The funding will be utilized to strengthen, technology infrastructure and team. It will also expand its services to more […]
13/10/2016

Online lending platform ZipLoan raises seed funding led by GrowX

Delhi-based online lending platform ZipLoan has raised an undisclosed amount of seed funding led by GrowX Ventures and other angel investors. The startup will utilize the money to fund technology product, app, and data science capabilities.
13/10/2016

Ola in talks with SoftBank, others to raise fresh funds

Home-grown transportation company Ola is likely to raise up to $500 million in a fresh round of funding led by existing investor SoftBank as it fights out cash-rich rival Uber to win the India market.
13/10/2016

Fashion brand FabAlley raises Series-A funding

High street fashion brand FabAlley has raised INR 13 Crore ($2 million) in a Series-A round led by Mumbai-based India Quotient. The round also saw participation from existing investors including IAN, social entrepreneur Ranjan Sharma and a clutch of angel investors.
13/10/2016

Campsite aggregation platform Deyor Camps raises funds from clutch of investors

Gurgaon-based Deyor Adventures Pvt Ltd, which runs and operates campsite aggregator Deyor Camps, has raised $500,000 in funding from early-stage investment firm Udaan Angel Partners and angle investors such as Nitin Passi, Manickam Mahalingam and Rajesh Arora, and Arkas Industries. The startup claims to have sent 10,000 people for camping […]
12/10/2016

Internet based TV streaming service provider Yupp TV secures $50 Million in Series B Funding

Internet-based TV streaming service provider Yupp TV has secured $50 Million in a Series B round of funding. The investment was led by Emerald Media for a minority stake in the company.Emerald Media is a pan-asian platform established by global investment firm KKR. It aims to invest in the fast-growing […]
12/10/2016

Healthcare startup DocSynk raises $1 Million seed funding From Naya Ventures

Hyderabad based Naya Ventures has invested $1 Mn in a Seed round of Funding in Dallas based healthtech startup DocSynk. DocSynk aims to find solutions for problems such as finding doctors, scheduling appointments, keeping on top of insurance, and complying with wellness and treatment plans.
12/10/2016

Waterless car washing startup Robova raises INR 3 Crore funding

Waterless car washing startup Robovac has received angel funding INR Rs 3 crore and merged with rival Enzo Solutions to create a new entity called RobovacEnzo.  Ahmedabad-based Robovac is a car interior vacuum cleaning service provider with presence at 49 outlets across Gujarat in partnership with Indian Oil Corporation. Rival […]
11/10/2016

Zebpay looks to raise $5 Million for Bitcoins

Bitcoin wallet startup Zebpay is in talks to secure Series-A funding of $4-5 million and expects to close the investment by next month. The company is in talks with several Indian investors and that a US-based venture capital fund, which focuses on blockchain technology, has also evinced interest. This will […]
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