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  • NYSE-listed Azure Power raises $185 m

    Azure Power, which is one of the country independent solar power producers with the portfolio of around 3GW having spread across the 23 states today in a report has announced to raise $185 Million via an equity offering, Azure Power, CEO and Co-Founder Inderpreet Wadhwa said in a statement. The Canadian company has contributed around […] More

  • Cube Wealth raises ₹14 crore in Series A funding

    Largest Fintech Startup Cube Wealth, which is a wealth creation app today in a  report has announced that they have raised an over USD 2 Million in the equity round of funding from some of the prominent international angels and seed investors from the Hong Kong, Silicon Valley, Singapore, Europe, and India. As of now, […] More

  • SaaS Startup Hiver Raises $4 Mn

    GrexIT Inc., which works under the domain of Software as a Service, platform which is known by the name as Hiver, today in a report has announced that they have raised an amount of $4 million in the fresh funding round of series which is led by the Kae Capital and Kalaari Capital. In a […] More

  • 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 Sukumaran, former Nokiaexecutive participated in the funding round. The names of other investors and the quantum of investment remain undisclosed. Founded by Raghavan Varadarajan and Gautam Nadig in 2017, Mynvax is […] More

  • InMobi Acquires U.S. based Advertising and Data Company

    Bengaluru-based global mobile advertising and discovery company InMobi has acquired US-based mobile data and advertising platform Pinsight Media, a former subsidiary of American telecom company Sprint. In an all-stock deal, which is part of a broader strategic partnership between InMobi and Sprint, the latter will get a minority stake the Bengaluru-based company. Post acquisition, InMobi will add around […] More

  • 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 (a UK based charity) the UK Government’s Department for International Development (DFID), Government of India’s Department for Science and Technology (DST); and managed by Zone Startups […] More

  • AI Based Startup 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 of fintech startups, that hold the NBFC P2P licence in India. Founded by husband-wife duo Keerthi Kumar Jain and Neha Jain in 2014, AnyTimeLoan, provides a […] More

  • 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 venture into the US market, where the startup has applied for a patent for its AI engine, named Mia. Worxogo was founded in 2015 by […] More

  • 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 greater market share. Disclosing in its stock filing Info Edge said, “We would like to bring to your knowledge that Zomato has signed a definitive agreement […] More

  • 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 around ₹2,944 crores to ₹3,680 crores ($400 million to $500 million), according to the people aware of the development. The reports have not been confirmed […] More

  • 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, as reported by VCCircle. Existing investors that participated in the round include Sequoia Capital and Helion Venture Partners. FJ Labs, co-founded by Fabrice Grinda, co-founder of […] More

  • 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, the deal is not expected to be valued over ₹110 crores ($15 million). The acquisition will going to help the OnMobile to expand its business in […] More

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