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India Nexus Venture Partners Closes Fourth Fund of $450M [Type: News]
Nexus Venture Partners has closed its fourth (IV) fund at $450 million from long term Nexus investors including endowments, foundations and financial institutions across North America, Europe and Asia, who have partnered with the VC in previous funds ...
Pharmacy Stores CareOnGo Destination For All Your Medicine Needs [Type: News]
The healthcare industry in India is fragmented and multi faceted making it difficult for consumers to connect with the right solution due to multiple touch points. The same challenges are faced by local pharmacies as well. By aggregating the players ...
Online dating app TrulyMadly raises Rs 35 Cr from Helion Venture Partners and Kae Capital [Type: News]
Truly Madly Matchmakers Pvt Ltd, which owns online dating site TrulyMadly.com, has reportedly raised around Rs 35 crore in its Series A round of funding from early stage investors Helion Venture Partners and Kae Capital. According to a Economic Ti ...
Matrimony.com raises Rs 500 cr through Initial Public Offering [Type: News]
Matrimony.com Ltd, the company which runs matrimony site Bharat Matrimony among others, has filed a Draft Red Herring Prospectus (DRHP) with the regulator to raise around Rs 500 crore through Initial Public Offering (IPO). The company is expected to ...
Electronics Appliances Repair Startup HandyHome Raises 0.5M Dollar in Seed Funding [Type: News]
Mumbai-based startup HandyHome which allows users’ book brand’s authorized repairs and other services for electronics alliances, has raised $0.5 million in seed round. The investors are Bessemer Venture Partners (Investers of Skype, Linke ...
Email Productivity Company Yesware provides email tracking analytics raises $13.3M in Series C Round [Type: News]
Yesware, an email productivity company that helps salespeople close more business, has raised $13.3 million in series C round Foundry Group with participation from Battery Ventures, Google Ventures, Golden Venture Partners and IDG Ventures. The la ...
Snapdeal, Ola backers say no to SoftBank’s buyout offer [Type: News]
As SoftBank Corp was finalising deals to infuse capital in online retailer Snapdeal and taxi aggregator Ola last month, the Japanese Internet and telecom giant also made an offer to buyout shares of angels and some early venture-capital investors ...
Snapdeal in talks to buy Komli Media for $300 million [Type: News]
Online retailer Snapdeal is in advanced talks to acquire Komli Media in a deal that values the ad technology company at about $300 million, the same as when it raised funds from investors last year. The deal will give Snapdeal engineering capab ...
ShopClues.com appoint co-founder Sanjay Sethi as new CEO [Type: News]
E-commerce marketplace ShopClues.com has appointed its co-founder Sanjay Sethi as the new CEO of the company. He has taken over the position from the erstwhile CEO and founder Sandeep Aggarwal who has been arrested by FBI agents in San Jose in July t ...
Shopclues Enter Indian Unicorn Club Raises 100M Dollar in Series E Round [Type: News]
ShopClues, Gurgaon-based online marketplace, has raised over $100 million in Series E funding round led by sovereign wealth fund GIC. The round also saw participation from existing investors which include Tiger Global and Nexus Venture Partners. &nb ...
Shuttle Raises 20M Dollar From Lightspeed Venture Partners Times Internet And Sequoia [Type: News]
Gurgaon-based bus aggregation platform Shuttl said on Tuesday it has raised $20 million in Series A funding from Lightspeed Venture Partners, Sequoia India and Times Internet Ltd.     Shuttl, owned by Super Highway Labs Pvt Ltd, was foun ...
Online Fashion Retailer Yepme raises $75M from Khazanah Nasional and its Existing Investors [Type: News]
Indian online fashion retailer Yepme has raised $75 million from investors led by Malaysian state investment fund Khazanah Nasional Bhd, Reuters reported, quoting two sources familiar with the matter.     The Delhi-based company, which ...
Tata Sons Ratan Tata Invests In Services Marketplace UrbanClap [Type: News]
Delhi-based UrbanClap Technologies India Pvt Ltd, which operates mobile services marketplace, under the UrbanClap brand, has raised an undisclosed amount of funding from Tata Sons Chairman Emeritus Ratan Tata.   The company plans to use the fu ...
Yepme raises $13mn from TCS Capital & JS Capital; seeks more funding from SoftBank [Type: News]
Vas Data Services Pvt. backed fashion e-tailer Yepme.com has reportedly secured close to $13 million in Series A funding round from TCS Capital and JS Capital, with participation from existing investors Helion Venture Partners and Capricorn Investmen ...
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 ...
DEALSANDYOU.COM CLOSES USD 17 MILLION FUNDING ROUND [Type: News]
dealsandyou.com (a Smile Group Venture), one of India’s largest daily deals sites, announced the closing of a US $17 Million round of funding, led by Mayfield Fund and Norwest Venture Partners (NVP). Nokia Growth Partners and Intel Capital also ...
SnapDeal raises $40 million Series B from Bessemer Venture Partners and existing investors [Type: News]
Daily deal site SnapDeal.com has raised $40 million in series B funding from Bessemer Venture Partners, along with contributions from existing investors Nexus Venture Partners and IndoUS Venture Partners. According to Snapdeal founder and CEO Kuna ...
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.  ...
Online Grocer BigBasket Acquires Delyver Bolster its Hyperiocal Delivery Service [Type: News]
Online grocery retailer BigBasket.com, owned and operated by Bangalore-based SuperMarket Grocery Supplies Pvt Ltd, has acquired hyperlocal delivery startup Delyver in a cash-and-stock deal. The transaction gives BigBasket increased depth in its ...
Snapdeal, Ola investors refuse SoftBank’s buyout offer [Type: News]
While finalizing the to infuse capital in online retailer Snapdeal and taxi aggregator Ola last month, Japanese telecommunications and Internet corporation SoftBank Corp had also made an offer to buyout shares of angels and some early venture-capital ...
Mumbai based Food Startup Holachef Raises Rs 20 Crore led by Kalaari [Type: News]
Holachef, a Mumbai-based online restaurant, has raised Rs 20 crore in venture capital funding led by Kalaari Capital with participation from existing backer India Quotient. The funding will be used by the one- year-old startup to invest in modern inf ...
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. ...
Mahindra welcomes BabyOye.com on board, FirstCry raises $26 mn in 4th round [Type: News]
Parents in India may or may not be shopping for nappies online but sites selling babycare products continue to find new parents. The latest to join this league is BabyOye.com which has just been acquired by Mahindra Group. The news came to light ...
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 ...
Zodius Capital Raises 110M Dollar to ain 8-10 Internet and Technology Company Startups [Type: News]
Technology-focused private equity firm Zodius Capital Advisors has raised Rs 700 crore ($110 million) to invest in early-stage internet and technology companies. The investment firm has closed the first tranche of its $500 million fundraising in part ...
Uber announced Pitch Your Business Plan To An Investor During UberPitch [Type: News]
 How would you react if you find that a VC will be joining you in your Uber ride? And what if you get, 15 minutes to pitch in your idea to VC? Sounds dream? Well then, this is your dream come true!     This Wednesday, Uber will prov ...
Craftsvilla Buys Shipping Service Provider Sendd for 4.5M Dollar [Type: News]
Craftsvilla has acquired on-demand shipping service provider startup Sendd for a deal amount of $4.5 million. With this acquisition, Craftsvilla wants to strengthen and streamline its logistics capabilities. As part of the deal, Sendd will continue t ...
Footasylum To Open Store In The Kingfisher Shopping Centre In Redditch [Type: News]
Capital & Regional, the specialist retail property company, has secured Footasylum, one of the UK’s leading names in sportswear and fashion, for The Kingfisher Shopping Centre in Redditch.   Footasylum, which will be taking 3,500sq f ...
Home service firm Housejoy secures $4M from Matrix Partners [Type: News]
Home services marketplace Housejoy has raised $4 million in Series A funding from Matrix Partners, which has been used to scale the company's technology and expand to new cities. Launched this January, Bengaluru-based Housejoy has been growing 3 ...
Treebo Hotels secures $6M funding co-led by Matrix Partners India and Saif Partners [Type: News]
SAIF Partners and Matrix Venture Partners have invested $6 million in tech-enabled budget hotel chain Treebo. The company was founded earlier this year by former Myntra executives Sidharth Gupta and Rahul Chaudhary, along with Kadam Jeet Jain. T ...
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