6 startups bags seed funding from POWERED Accelerator
Mumbai, 8th October 2018, POWERED Accelerator, a first-of-its-kind entrepreneurship programme, globally, focusing on women-led businesses in the energy value chain, set up as a joint initiative of Shell Foundation...
AI Based Startup Anytimeloan.in secures NBFC P2P license from RBI
Hyderabad-based peer to peer (P2P) lending startup AnyTimeLoan, has secured Non-Banking Finance Company (NBFC) P2P licence from Reserve Bank of India (RBI). AnyTimeLoan, is now among the select group...
Inventus, Ideaspring invest Series A capital in AI startup Worxogo
Bengaluru-based AI-powered employee performance enabler startup Worxogo has raised ₹16.5 crores in its first funding round from venture capital firm Inventus Capital Partners and early-stage venture fund Ideaspring Capital. The funds raised will be used to...
Ant Financial puts another $210 million in Zomato
Food delivery and discovery giant Zomato has raised an additional ₹1,550 crores ($210 million) in from Alibaba‘s payment arm Ant Financial, as the startup aggressively competes with Swiggy for...
Paytm in talks to take over Alibaba-backed UCWeb’s Indian arm
India’s leading digital payments company Paytm has held discussions with Alibaba owned UCWeb to acquire its India business, as reported by Economic Times. The transaction is expected to be worth...
Sequoia-backed refurbished goods marketplace GoZefo
Bengaluru-based online marketplace for pre-owned products GoZefo has raised around ₹21 crores ($3 million) in a fresh funding round led by New York-based stage agnostic investment firm FJ Labs,...
OnMobile Global acquires Swedish Appland AB
Bengaluru-based mobile value-added services provider company OnMobile has acquired one of the largest Swedish-based mobile app distribution startup Appland AB, in a cash deal. According to the report which has been revealed,...
Anil Kumble’s startup launches Microsoft AI-enabled ‘Power Bat’
Microsoft Corp and Anil Kumble’s technology startup, Spektacom Technologies, with support from Star India, have announced the introduction of the ‘Power Bat’, which provides players, coaches, commentators, fans and...
MobiKwik Acquires Wealth Management Startup Clearfunds
Indian digital payments company MobiKwik has acquired Mumbai-based online wealth management startup Clearfunds for an undisclosed amount. This is MobiKwik’s first ever acquisition, as it looks to build a...
AI-Led Matchmaking Platform Betterhalf.ai Raises $500K
Bengaluru-based AI-powered dating startup Betterhalf.ai has raised around ₹3.7 crores ($500,000) in seed funding from a clutch of angel investors including Shailesh Rao, former managing director of Google India...
Digital lending platform RevFin gets Seed Funding
Digital lending platform RevFin has raised undisclosed amount of Seed Funding from a clutch of angel investors. Angel investors including Harash Jain (Chief Executive Officer, Litejoy International, and UK...
Truebil raises An Amount of Rs 7.4 crores from Kalaari Capital
Mumbai-based online used car marketplace Truebil has raised around ₹7.4 crores ($1 million) in a fresh funding round from existing investor Kalaari Capital, as reported by VCCircle. The deal is...
Mercer acquires One of the largest SaaS-based startup Mettl
US-based human resource consulting firm Mercer, a subsidiary of Marsh & McLennan Companies, has acquired Gurugram-based talent assessment startup Mettl, for an undisclosed amount. The acquisition marks the Mercer’s...
Logistics Tech Startup Blackbuck Raises $27.4 Mn
Bengaluru-based logistics startup BlackBuck has raised ₹202 crores in a fresh funding round from a new investor Sequoia Capital, according to the regulatory filings. Other existing investors that participated...
Karnataka launches scheme to fund startups
Indian e-commerce logistics startup Delhivery is in talks with Softbank Vision Fund to raise around ₹1,470 to ₹1,837 crores ($200 to $250 million), as reported by Economic Times. If the...
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Biotech startup Mynvax raises angel funding
Biotech startup Mynvax has raised an undisclosed amount of funds from a clutch of angel investors, as reported by VCCircle. Among other investors, Ajith...