Archive News

19/10/2016

General Catalyst Partners invests $2.5 Million in solar marketplace MYSUN

Delhi-based solar marketplace MYSUN, run by Eastern Light and Power Pvt Ltd, has raised funding from General Catalyst Partners, a US-based venture capital firm focused on early stage and growth investments. The funding will be utilized to scale up faster and invest in technology and infrastructure.
18/10/2016

Former Zensar Tech chairman Ganesh Natarajan invests in Studio Coppre

Ganesh Natarajan, former chief executive officer of Zensar Technologies Ltd and chairman of Nasscom Foundation, has invested an undisclosed amount in Studio Coppre, an online retailer and manufacturer of handcrafted copper artwork. The funding will be utilized for design enhancements and low-cost automation for development and quality assurance.
18/10/2016

BabyChakra raises funding from Seattle-based RoundGlass Partners

BabyChakra, which connects parents to services and products for babies, has raised an undisclosed amount of funding in its Series A round from RoundGlass Partners, a Seattle-based investor. The funding will be utilized for product development, hiring and creating localized content.
18/10/2016

Sports startup Rooter raises seed funding

Rooter, a sports social gaming platform, has raised an undisclosed amount of investment from actor, Boman Irani. The seed round also  saw participation from  Dhruv Chitgopekar, partner at Kwan Entertainment, and Prantik Dasgupta, a corporate professional and avid sports enthusiast. The funding will be utilized to strengthen the technology team […]
18/10/2016

Bike tour operator Enfield Riders raises angel funding

Enfield Riders Pvt Ltd, a Mumbai-based startup that conducts motorcycle tours, has raised $500K from a high-net-worth individual, who runs a construction firm in Mumbai. The funding will be utilized to expand fleet of motorcycles and back-up vehicles. The company will also use a part of the capital in to […]
18/10/2016

Travel insurance and forex marketplace YuMiGo raises $300K in first round of funding

YuMiGo, a discovery and transaction platform on web and mobile for foreign exchange and international SIM card services, has raised $300,000 (INR 2 Crore) from businessman Hemant Sahni. Launched in 2015, the startup has also announced the launch of its travel website that helps international travellers while planning and also […]
17/10/2016

Ronnie Screwvala’s ed-tech startup UpGrad acquihires Pyoopil

UpGrad, the online education provider for working professionals, cofounded by well-known entrepreneur Ronnie Screwvala, has acquihired Pyoopil Education Technologies, a mobile-based SaaS (Software-as-a-service) product used by companies to deploy online training programmes. This acquisition will give UpGrad a shot at addressing the large businessto-business (B2B) education needs and will go […]
17/10/2016

Delhi based Play Your Sport acquires discovery platform Directground

Delhi-based sports tech startup, Play Your Sport has acquired sports discovery and booking platform, Directground. Post the acquisition, Directground’s founder and CEO Arun Singh Chauhan will join Play Your Sport as Chief Technology Officer.Founded in November 2015, Directground is a sports discovery and booking platform that helps sports enthusiasts discover […]
17/10/2016

Bengaluru Based B2B SaaS startup for restaurants Trilyo raises seed funding

Bengaluru-based Trilyo, a B2B SaaS company with solutions for restaurants has raised an undisclosed amount of funding in seed round. The round was led by Singapore-based private investor and backed by members of Amplifi Angel Group including Vishnu Bhat (Bengaluru-based entrepreneur and former SVP of Infosys); Mumbai-based entrepreneur Rajiv Lunkad […]
17/10/2016

News based startup Newspatrolling.com raises $25k seed funding

Delhi based news-based startup Newspatrolling has raised $25,000 as seed funding from an undisclosed investor. Launched in the year 2013, Newspatrolling.com is an Indian news website that covers sectors such as entertainment, politics, sports, lifestyle, automobile and technology.
17/10/2016

Innov8 raises funding from former Flipkart executive

Former Flipkart chief product officer (CPO) Punit Soni has invested an undisclosed amount of capital in Innov8, a sector agnostic co-working space. The company has raised money from 20 other investors besides Soni.
17/10/2016

Last mile app BeatRoute raises pre Series-A funding

BeatRoute Innovations has raised an undisclosed amount in pre Series-A funding from Quarizon Consulting Services. BeatRoute is a mobile app platform facilitating last-mile retail between packaged goods companies and distributors and neighbourhood stores.
17/10/2016

Flexi-jobs site Mykindofjob raises $1 million angel funding

Mumbai-based mykindofjob, an online portal has closed a round of funding worth $1million from brothers Mayank Shah and Shreyans Shah. Mykindofjob.com offers interactive web platform where registered users can communicate with each other and prospective employers. Users range from students looking at internships to retired professionals seeking short-duration projects.
17/10/2016

DSG Consumer Partners leads INR 1.5-crore seed round in Tazzo Technologies

DSG Consumer Partners, Deepak Shahdadpuri-led consumer-focused, early stage venture capital firm, has led a $225,000 seed funding round in motorbike rental venture Tazzo Technologies. Tazzo is an on-demand delivery platform for renting self-drive bikes. The Hyderabad-based startup provides location-based motorbike delivery and pickup service, and allows users to track the […]
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 […]
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