It has so far raised $5.35 million in venture capital funding
Farid Ahsan talks about the challenge of scaling up a home-grown social app.
Byju’s has its sights set on the overseas market too
Fisdom will have lot more investment products like corporate bonds, tax filing.
Healthcare and fitness start-up CureFit (Healthcare Pvt. Ltd), on Tuesday said it acquired a majority stake in fitness centre chain The Tribe, in a bid to expand its offline footprint. The companies didn’t disclose the terms of the deal. Shwetambari Shetty, co-founder of The Tribe fitness centres, will join CureFit’s… Read more »
Earlier this year, three former executives from Flipkart Ltd, India’s most valuable e-commerce firm, launched Udaan, an online marketplace connecting manufacturers, wholesalers, traders and retailers. In November, Udaan.com raised $10 million in Series A funding from Lightspeed Venture Partners India and Lightspeed US. In a year that saw investor excitement… Read more »
Udaan.com, a business-to-business online marketplace, on Tuesday said it has raised $10 million in series A funding from venture capital firm Lightspeed Venture Partners India and Lightspeed US. Udaan was launched earlier this year by Sujeet Kumar, Vaibhav Gupta and Amod Malviya, former senior executives at Flipkart, India’s most valuable… Read more »
A report by Microsoft Accelerator assesses the maturity of Indian start-up ecosystem, when it comes to being enterprise-ready
Fintech start-ups are expected to be among the biggest benefactors of the government’s decision to demonetize Rs500 and Rs1,000 currency notes. Companies like Paytm (Run by One97 Communications), PayU India, MobiKwik (One MobiKwik Systems Pvt. Ltd), Freecharge (the payments arm of e-commerce marketplace Snapdeal) are already seeing results, in the… Read more »
Even as it looks to raise $1 billion in fresh capital to compete with rival Amazon in India, Flipkart continues to face valuation markdowns by its mutual fund investors. Two of its investors, Valic and Fidelity, who earlier marked up the value of their shares in the company, have again… Read more »