Sharan Poovanna

India: Auto classifieds portal CarDekho acquires Help On Wheels

Girnar Software, which runs online auto classifieds portal CarDekho, acquires roadside assistance firm Help On Wheels for an undisclosed amount

Indian state cracks down on bike taxis linked to Uber

Transport dept impounds at least 15 motorcycles in Bengaluru on grounds that the state rules do not allow two-wheeler cabs.

India: HealthEminds raises funds via angel round led by cricketer Robin Uthappa

A healthcare start-up which focuses on providing instant and affordable online counselling programmes for mental and emotional health, has raised an undisclosed round of angel funding.

India: BigBasket raises $150m from Abraaj Group, IFC, Sands Capital, online grocery business run by Supermarket Grocery Supplies Pvt. Ltd, raised $150 million in a funding round led by Dubai-based Abraaj Group. The company has raised $92.8 million in three earlier rounds.

India: Payments platform Paylo buys in-restaurant app Ruplee

The deal will see the merger of teams from both platforms and products, helping Ruplee evolve into an omni-channel app-only platform.

CommonFloor lays off employees who could not be absorbed in Quikr

The Bengaluru-based real estate listings portal which was acquired by Quikr in January 2016 has been downsizing its team after the news of the acquisition was made public.

India: NoBroker raises $10m in Series B funding

NoBroker Technologies Solutions Pvt. Ltd, which directly connects landlords with house hunters said it raised $10 million in a Series B funding led by Singapore-based BEENEXT venture capital firm created by Teruhide (Teru) Sato. Other investors Digital Garage, BEENOS, Qualgro, Mamoru Taniya of Asuka holdings and existing investor SAIF Partners also… Read more »

India: On-demand home services co Housejoy strikes second deal in Feb, buys startup Orobind Fitness

The all stock deal will help bolster Housejoy’s offerings in the health and wellness categories.

India: Amazon buys Noida-based payments processor Emvantage

Emvantage’s employees will join Amazon’s India unit that will use the company’s technology on its e-commerce website.

India: Zimmber buys hyperlocal marketplace Findyahan

Home services provider Zimmber (Rejuvenate Solutions Pvt. Ltd) has acquired Findyahan India Pvt. Ltd, a hyperlocal marketplace for services for an undisclosed amount. The acquisition would help Zimmber strengthen its white collar services to further strengthen its position in the fast evolving space of local services. Findyahan is a location-based… Read more »