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Online Tea Seller Teabox Raises Investment From Ratan Tata [Type: News]
Teabox, a Darjeeling-based online tea retailer, has received an undisclosed amount of funding from Ratan Tata, chairman emeritus of Tata Sons Ltd, the company said. The latest round follows an earlier investment, estimated to be around $6 million, fr ...
Crownit Raised Funding From Silicon Valley [Type: News]
Gurgaon-based GoldVIP Technology Solutions Pvt. Ltd, which runs mobile-based marketing and customer rewards management platform Crownit, has raised a Series B round of funding from a Silicon Valley-based investor and a Mumbai-based investor, a person ...
US-based venture capital firm Lightspeed Raises $135M for its Maiden India Fund [Type: News]
US-based venture capital firm Lightspeed Venture Partners has mobilised $135 million (Rs 875 crore) in its maiden India-dedicated fund as it bets big on the fast growing Indian startup ecosystem, according to a disclosure to the US Securities and Exc ...
Food Delivery Startup Swiggy Raises $7M From NVP DST [Type: News]
Food delivery startup Swiggy has raised an additional Rs 47 crore ($7 million) from existing investors Norwest Venture Partners, DST Global and Accel Partners citing a filing with the Registrar of Companies. The latest funding, which comes in four mo ...
Babycare portal First-Cry gets Rs 92 cr from Temasek arm [Type: News]
Online baby care portal First-Cry.com has received funding of Rs 92 crore in what is the largest investment in an ecommerce company selling just one category of products. The equity investment was led by Vertex Venture Management, a subsidiary of ...
Online grocery store Zopnow enter fashion lifestyle categories [Type: News]
Online grocery retailer Zopnow is reportedly planning to diversify into fashion and lifestyle categories through tie-ups with brick-and-mortar retailers and brands by December. The model will replicate the format under which the retailer current ...
MCommerce startup connecting grocers platform JiffStore secures funding from units seed fund [Type: News]
Bangalore-based JiffStore Software Labs Pvt Ltd, which offers mobile commerce and customer engagement solutions to grocery retailers through JiffStore.com, has raised funds in a follow-on round from Unitus Seed Fund and Times Internet Ltd. JiffS ...
B2B Industrial Goods Marketplace Bizongo Raises Seed Funding From Accel Partners [Type: News]
Bizongo, a Mumbai-based B2B marketplace for industrial goods, has raised an undisclosed amount in seed funding from Accel Partners. The funding will be used to build a unified platform for businesses in the plastics, chemicals and packaging industr ...
Indian e-commerce firm Flipkart tries to outdo Amazon [Type: News]
When they were starting out, Sachin Bansal and Binny Bansal would get on a motorbike to make the rounds of book warehouses across Bangalore, ride back to their two-bedroom apartment and package orders for online custo ...
Seed Investor Blume Venture close to raise $60M to back a dozen new startups a year [Type: News]
Mumbai-based seed investor Blume Ventures which provides seed funding in the range of $50K – $300K to early-stage tech-focused/tech-enabled ventures, is close to raise $60 million second fund by December. The raised funds will be used to make i ...
BlueStone Raise Rs 100 cr From IvyCap Accel Dragonear Kalaari Saama Capital [Type: News]
 Ratan Tata-backed online jewellery company BlueStone has raised Rs 100 crore from a clutch of investors led by IvyCap Ventures, Accel Partners and Dragoneer Investment Group. Kalaari Capital and Saama Capital, which are among its existing inves ...
ManageMySpa software solution startup Raises $6M From Accel Partners [Type: News]
MUMBAI: ManageMySpa, a software solution startup founded by Silicon Valley returned serial entrepreneur Sudheer Koneru, has raised $6 million (about Rs 38.4 crore) in series A funding from Accel Partners. The Seattle and Hyderabad-based company, fo ...
Ratan Tata invests in taxi-hailing company Ola Cabs [Type: News]
Mumbai: Ratan Tata, chairman emeritus of Tata Sons Ltd, has made an undisclosed investment in online taxi-hailing service Ola, his seventh investment in a domestic start-up in the past 11 months. Tata had earlier invested in online marketplace S ...
Cab Hailing Service Ola Revenue Rises Eight-Fold To Rs 418 Cr [Type: News]
Cab hailing service Ola has registered an eight-fold jump in revenue in 2014-15 from a year ago, documents showed, riding on discounts and driver incentives powered by two large funding rounds that helped it widen its lead over rival Uber Technologie ...
Food Delivery Startup Swiggy Raises 35M Dollar In Series C From RB Investments [Type: News]
Bangalore-based food ordering start-up Swiggy has raised $30 million in Series C round of funding from New York-based Harmony Partners and Singapore-based RB investments, a sign that the sector might be recovering from the troubles of 2015.  ...
European city-to-city ride-sharing venture BlaBlaCar enters India [Type: News]
Accel Partners- and European VC firm Index Ventures-backed online carpooling venture BlaBlaCar has forayed into India. France-based Comuto SA owned BlaBlaCar has positions itself as a platform that fills the city-to-city travel market as an altern ...
B2B Marketplace Moglix Raises Funding From Ratan Tata [Type: News]
Moglix, an ecommerce company specializing in B2B procurement of industrial products, today announced an undisclosed financial investment in the company by renowned industrialist, Ratan Tata. This marks Tata’s entry as an investor in a manufactu ...
Paragon Partners Launches 200M Dollar Mid-Market Private Companies In India [Type: News]
Indian private equity investor Siddharth Parekh and entrepreneur Sumeet Nindrajog are launching a $200 million India focused fund. The duo announced today that they have raised $50 million in commitments, marking the first close of their $200 million ...
MySmartPrice Raises $10 mn in series B Round from Accel Partners Helion Venture Partners [Type: News]
 MySmartPrice, a Hyderabad-based price comparison shopping and product discovery service portal, has raised $10 million (around Rs 64 crore) in a Series-B round of funding led by its existing investors Accel Partners and Helion Venture Partners. ...
Mobile services marketplace UrbanClap raises $25m from Bessemer Venture Partners and Others [Type: News]
Services marketplace UrbanClap has raised Rs 165 crore (~ $25 million) in funding led by Bessemer Venture Partners, with participation from existing investors Accel Partners and SAIF. It plans to use the funding for geographical and category expansio ...
Myonsto Raises Rs 2Cr from Oswal Industries’ Director Jayant Bokadia [Type: News]
 Ahmedabad-based online grocery store, Myonsto.com has raised Rs 2 crore in angel funding from Oswal Industries’ Director Jayant Bokadia, for upgrading technology and for expansion in Gujarat.       Started in March by S ...
Hoopos And Babyoye Have Now Merged [Type: News]
Online baby and kids’ portal Babyoye.com has merged with its competitor Hoopos.com to become a larger entity and gain better market share. Mumbai-based Babyoye also operates another portal called Kidsoye.com, which deals with products relate ...
CapriCoast Sesures $3.5M From Accel Partners and RB Investments [Type: News]
Bangalore-based online modular kitchen and home furnishing solutions provider CapriCoast Home Solutions Pvt Ltd has raised $3.5 million in Series A round of funding from Singapore-based venture capital firm RB Investments. Existing investor Accel Par ...
Online Retail Giant Flipkart Raise Over 1.4 Bn In New Round [Type: News]
Online retail giant Flipkart is ready for another round of funding. It is reported that Flipkart is in talks with investors to raise about $1.4 Bn (INR 9,200 Cr) in a new funding round to be led by existing and a few new investors.   It is spe ...
Amazon talks to buy a minority stake in gift card technology and retail firm QwikCilver Solutions [Type: News]
Amazon India is in advanced talks to buy a minority stake in gift card technology and retail firm QwikCilver Solutions, according to three people aware of the development. The deal, if successful, will mark the first investment in an Indian startu ...
Logistics Startup BlackBuck Raises 25M Dollar From Tiger Global Accel Partners Flipkart and Apoletto [Type: News]
BlackBuck, a business-to-business logistics startup, has raised $25 million in Series B funding from Tiger Global and other investors. Russian billionaire-investor Yuri Milner’s Apoletto fund and existing investors Accel Partners and Flipkart a ...
FDI tussle triggers debate arketplace definition Flipkart Snapdeal oppose opening up Indias ecommerc [Type: News]
BANGALORE: E-commerce juggernaut Flipkart has approached real estate developers for 1.5 million sq ft office space to consolidate its rapidly expanding operations in Bangalore.Flipkart needs 4 lakh sq ft soon and would opt for staggered occupation of ...
HouseJoy Acquires Laundry Service Mywash To Scale Up Its Business [Type: News]
Bangalore-based Sarvaloka Services On Call Pvt Ltd, which operates home services marketplace Housejoy, has acquired on-demand laundry services provider MyWash for an undisclosed amount.     The deal would make Housejoy the largest player ...
Customer Service App Firm Helpshift Raises 23M Dollar In Series B Funding [Type: News]
Customer-Service App Firm Helpshift Inc., a start-up that makes customer support software for mobile apps, on Tuesday said it has raised $23 million in Series B funding from Microsoft Ventures, Salesforce Ventures and existing investors Intel Capital ...
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