Search Results for:Ishita Russell

India: Gaming startup Mech Mocha raises $5m funding led by Accel, Shunwei Capital

It raised a $1m seed funding round led by Blume Ventures and Flipkart in 2015

India: On-demand delivery firm Scootsy raises $3.6m in pre-Series A round

Scootsy plans to use the funding to improve customer experience

India Digest: Vulcan Express attracts suitors; Blackstone exits Allcargo

TVS Logistics and Future Supply chain are among those interested in bidding for Vulcan Express, while Blackstone has exited Allcargo Logistics by selling its 14.84 per cent stake. TVS Logistics, Future Supply Chain mull bids for Snapdeal’s Vulcan Express TVS Logistics and Future Group-promoted Future Supply Chain Solutions are considering bidding for Vulcan Express,… Read more »

Asia to see lower number of VC-backed fintech deals in 2017

Region on pace to see 8% dip in deal activity this year

Indian Angel Network marks first close of maiden early-stage fund at $27m

The fund targets final close at Rs 350 crore ($55 million).

S Korean m-commerce firm Ticket Monster raises $115m from Simone Investment, others

Current round values TMON at around $1.2 billion.

India: Big Data solutions firm Flytxt raises $11m funding

In June 2015, Flytxt had raised $11 million in funding

India Digest: VLCC buys Vanity Cube; Frapperz eyes funds; MakeMyTrip may back Fab Hotels

While VLCC has acquired Vanity Cube, MakeMyTrip is looking to acquire strategic stake in Fab Hotels. Also, Frapperz is in talks to raise an additional $400,000. VLCC acquires on-demand beauty firm Vanity Cube Beauty and wellness firm VLCC has acquired Vanity Cube to get a greater hold in the the on-demand beauty… Read more »

India: Oyo close to raising $250m funding round led by Softbank

The round could value the budget hotel aggregator at $850m

India: HCL Tech to acquire US-based BPO Urban Fulfilment for up to $30m

Urban Fulfilment is engaged in mortgage BPO services.