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

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Scootsy plans to use the funding to improve customer experience

India 2016: Over 200 venture-backed startups shut shop

After the bumper years of 2014 and 2015 that saw a big spike in the number of startups that were founded and funded, 2016 brought in a wave of rationalisation. Not only did the year see a slowdown in the number of private equity and venture capital deals, but it… Read more »

Silicon Valley VCs are growing wary of on-demand delivery startups

Michael Moritz – chairman of Sequoia Capital and one of the most successful venture capitalists in history – says a simple vision led him to invest hundreds of millions of dollars in on-demand delivery startups. “The movement of goods and services and people, by easier, more convenient means,” he said… Read more »