Salman S.H

Bengaluru-based SigTuple raises $19m from Accel, IDG, others

Existing investors Endiya Partners, pi Ventures and Binny Bansal, besides new investors VH Capital, Axilor Ventures and Trifecta Capital, also participated in the round.

Online travel agency Cleartrip acquires Saudi Arabia’s Flyin

This is Cleartrip’s first cross-border acquisition and the Mumbai-based company is looking to step up operations in West Asia’s travel market, which has witnessed the entry of a dozen domestic and international budget operators such as FlyDubai, AirArabia, Pegasus Airlines and others.

Paytm buys Flipkart-backed Cube26, aims to boost customer experience

In December 2017, Paytm acquired Nearbuy and Little, two platforms that focus on local restaurants and commercial establishments. Paytm later merged both entities and made an undisclosed investment into the resultant entity.

Truecaller buys Indian mobile payments startup Chillr

This is Truecaller’s first ever acquisition in the India market. Both companies are backed by common investor Sequoia Capital.

Paytm Mall receives $222m tranche of funding from SoftBank, Alibaba

With the third tranche of a $445-million commitment from SoftBank and Alibaba in, SoftBank’s Kabir Misra joins the Paytm Mall board, while Michael Evans, president of Alibaba, has stepped down.

Axilor’s $29.6m fund to bet on early-stage tech startups in India

Around 50% of the new fund will be set aside for seed stage investments, while the rest will be used for pre-seed funding via its accelerator programme.

Aye Finance bags $21.5m funding from CapitalG, SAIF Partners, LGT

Till date, the Gurugram-based firm has raised more than ₹200 crore ($29.6 million) from venture capital firms, and an additional ₹500 crore ($74 million) from debt and equity funds.

Online marketplace Meesho raises $11.5m from Sequoia India, others

Existing investors SAIF Partners, Y Combinator and Venture Highway also participated in the latest funding round. Meesho has so far raised a total of $15 million.

Paytm CEO Sharma, venture capitalist Vickram unveil green fund

The fund aims to invest up to $150 million in projects built by startups, companies and individuals over the next few years.

PE firm Sabre Partners leads $10m funding in India’s CoinTribe

The startup will use the fresh capital to enhance its credit underwriting algorithm, expand to new markets, and develop its technology base. With the current round of funding, the total equity capital raised by CoinTribe stands at $15 million.