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Fork Media acquires majority stake in Rappio Advertising

Digital ad-tech company Fork Media has acquired majority stake in digital audio marketing startup Rappio Advertising. Financial details of the deal remains undisclosed.

Invecas acquires Lattice’s HDMI Design Team and Simplay Labs subsidiary

Hyderabad-based Invecas, a startup which designs chips, has today announced it is acquiring Lattice’s HDMI Design Team and Simplay Labs subsidiary, which oversees standards compliance and interoperability testing services.

Jugnoo launches B2B SaaS service ‘Fugu’ – a proactive chat software

Jugnoo has launched a new B2B SaaS product - Fugu. It is a proactive chat software that handles customer requests and supports businesses of all types and sizes.
flipkart snapdeal merger

Snapdeal to run independently, won’t sell to Flipkart

Snapdeal-Flipkart merger, which was expected to go ahead after board's approval, has now been called off. In a contrast turn of events, the struggling eCommerce entity will now run on its own.
Aye Finance

SME loan provider Aye Finance raises Rs 10 crore through securitisation...

Aye Finance, which provides loans to SMEs, has raised Rs 10 crore by selling part of its loan portfolio to M&M Financial Services. The funding will be used to provide loans to MSMEs.

FreeCharge employees getting retention bonus after acquisition by Axis Bank

To ensure that employees don't quit the company after the acquisition by Axis Bank, FreeCharge employees will be given a six month retention bonus.
flipkart snapdeal merger

Snapdeal’s acquisition deal with Flipkart in trouble, may be called off

The deal of Snapdeal's acquisition of Flipkart, which was approved by the board last week, is reportedly in trouble as the founders are pushing to run the company independently.
PayU india

PayU payment gateway now supports UPI payment mode

PayU, one of the leading online payment gateway, has announced that it now supports UPI payments on its platform. It has on-boarded over 50 merchants for the service, including BookMyShow and MakeMyTrip among others.

Fitness aggregator Gympik raises funding from RoundGlass Partners

Online aggregator for fitness centers and Gyms - Gympik, has today raised funding from RoundGlass Partners. It will spend money on expanding operations and its technology team.

Portea Medical to raise Rs 160 crore in Series C funding...

Healthcare startup Portea Medical is currently in advanced talks to raise Rs 160 crore funding in its Series C round from Sabre and Accel.