Varsha Bansal

Startup founders set forth three demands for India’s next govt

The demands include ironing out issues related to angel tax for startups and more regulatory clarity on emerging business models.

India’s CureFit to launch incubator for healthy food startups

It will invest around $5 million across 8-10 startups in the next two years as it looks to co-create products that can be sold through its vertical.

India: Diagnostics startup SigTuple secures $16m Series C funding, Binny Bansal joins board

Last June, the company had raised $19 million in its Series B funding round that was led by Accel Partners and Chiratae Ventures.

India: Zomato posts $294m loss, three-fold jump in revenues in FY19

Zomato spent $500 million in 2018-19, a six times jump from $80 million in the previous year.

Oyo Rooms looks to build own cloud kitchen brands

Oyo is currently doing a pilot of its first cloud kitchen under the Adrak brand.

Airbnb invests up to $200m in Indian hospitality company OYO

The investment will give Airbnb access to a variety of franchised or leased hotels.

Google Pay adds more services in India, offers digital gold on payments app

It is also looking at launching other wealth management products, including mutual funds.

Delhivery raises $413m led by SoftBank Vision Fund, bags unicorn tag

This round, which saw the participation of existing investors Carlyle and Fosun, will see the valuation of the company shoot up to over $1.5 billion.

Chinese funds hiring Indian executives as they seek to hike deal flow from region

Chinese funds have become more active on the ground, engaging with the Indian ecosystem rather than just coming and scouting for deals.

Facebook said to mull investment in Indian content startups

The social media giant is learnt to be in early-stage talks with several content startups, including PopXo, for potential investments.