Deepinder Goyal, co-founder and CEO at Zomato, a food aggregator and tech-food unicorn, has announced that the platform will reach profitability by 2020, which is a result of its measure to reduce cash burn, reported Inc42.
Goyal said that the...
Nivesh.com, mutual funds investment marketplace, has bagged $600,000 (approx INR 4 crore) from Windrose Capital's The Next Billion Fund, other marquee investors, reported Yourstory.
The platform Nivesh will use the infused financials to to improve its tech platform and build...
Magicpin, an offline discovery and rewards platform, has surpassed annual gross merchandise value (GMV) of $1 billion (approx INR 7,129 crore) in the country, reported Mint.
"Our business touched a billion dollars of scale in October…split equally between food and...
Marking its foray into the express logistics race, Allcargo, an integrated logistics startup, has reportedly bought a majority stake in Gati Ltd for around INR 416 crore, reported Mint.
According to the sources, Allcargo has signed a share purchase agreement...
With a view to support the Indian startup ecosystem, the Punjab government is looking to set up an INR 100 crore startup fund to support the MSME (micro, small and medium enterprises) sector and entrepreneurship, reported Inc42.
The planning was...
In order to surge the Startup India scheme, which was started by Prime Minister Narendra Modi, the Commerce and Industry Minister, Piyush Goyal, said that the government is exploring to deploy larger funds for startups, cited Inc42.
Goyal said that with...
Stating stiff laws against violation of foreign direct investment (FDI) by the e-commerce platforms such as Amazon and Flipkart, the government has now made compulsory for these companies to submit their annual compliance reports as per FDI norms, reported...
Backed by top notch Bollywood celebrities such as Shahid Kapoor, Malaika Arora, Sarva, a yoga studio chain, has been able to secured $2.8 million (approx INR 20 crore) in its maiden institutional round from Fireside Ventures, reported Inc42.
Post transaction, Fireside’s...
Indyfint, a virtual banking space, has raised $2.1 million (approx INR 14 crore) funding in series A round from clutch of individual investors, cited Inc42.
The platform Indyfint will use the infused financials to carve out a strategy to enhance...
Sportido, a sports discovery startup, has bagged an undisclosed amount in its second round of funding from IP Ventures, Inflection Point Ventures and SucSEED Venture Partners, reported Inc42.
The Noida-based platform Sportido will put the infused capital to enhance its product...
These two popular plans were pulled out by the company last week and a new all-in-one plan with hiked mobile tariffs and limited IUC minutes was announced.
The official trailer of one of the most anticipated film, Wonder Woman 1984, dropped today which has several amazing action and fight sequences featuring...
