Suviral Shukla

On-demand delivery startup Dunzo launches B2B logistics services

Dunzo, a Bengaluru-based on-demand delivery startup has launched a new B2B logistics service called 'Checkout with Dunzo.' The service is for retailers and small business owners. The company claimed that the service will open up the possibility to tie-up...

Byju’s tripled FY19 revenues to Rs 1,430 cr, eyes Rs 3000 cr this year

Bengaluru-based online tutoring app Byju’s has almost tripled its total revenue to Rs 1,430 crore for the year ended March 2019, reported Mint. The key factors behind this growth in revenue were deeper penetration across India and significant growth in...

Deep tech startup Agara Labs raises $2.5 million from Blume Ventures and RTP Global

Agara Labs, Bengaluru-based startup has raised around Rs 17 crore ($2.5 million) in a pre-Series A round of funding from Blume Ventures and RTP Global. The company will use the funds for product development and establish a sales team...

Flipkart begins merging fashion business, Jabong employees move to Myntra

Flipkart-owned fashion units Myntra and Jabong are all set to merge its resources andn workforce after some rounds of senior level layoffs took place inside the company. “We are moving all Jabong employees to Myntra to create a unified workforce,...

Paytm records over 400 million transactions a month

India's largest digital payments company Paytm, Thursday, said it was processing over 400 million transactions every month, cited Economic Times. “We continue to witness impressive growth in transactions through the Paytm Payment Gateway across fast-growing categories such as transportation, food...

Proptech startup Zaasna bags Rs 2 cr in seed funding

Zaasna, a Bengaluru-based prop-tech startup, has raised worth Rs 2 crore in a seed round of funding from global investors in Singapore, Middle East and the US. The innovative platform will use the infused capital to strengthen its tech...

Alibaba invests $100 million in video sharing app VMate

Alibaba, a Chinese multinational conglomerate has reportedly infused around Rs 700 crore ($100 million) in a short-video sharing app VMate, reports Inc24. The funding has been done in an attempt to increase Alibaba's foothold in the Indian market. The video...

Data science startup TheMathCompany raises funding from Arihant Patni

TheMathCompany, a Bengaluru and Chicago-based data science startup has raised an undisclosed amount of funding in Series A round from entrepreneur and venture capitalist Arihant Patni, who made the investment in his personal capacity. The startup will use the funding...

Hyperhire raises $200,000 from SpringCamp to launch JOBKET in India

Hyperhire, a B2B HR Solutions Platform, has raised ₹1.40 Crore ($200,000) from SpringCamp. Hyperhire, operated by Idlee-Numerique India Pvt. Ltd said it will use the funding to launch its referral-based hiring service 'Jobket' in India. The development was first reported...

T-Hub declares 45 startups for Lab32’s second round of incubation programme

T-Hub, which is powered by the Government of Telangana, has announced almost 45 startups for its second round of incubation programme named Lab32. “The second batch maintains a high quality as there are great minds behind each team who have...

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Ghulam Nabi Azad calls CAB bill “totally unconstitutional”; says Congress will oppose bill in Rajya Sabha

Speaking on the issue of the Citizenship (Amendment) Bill, 2019, Rajya Sabha member and senior Congress leader Ghulam Nabi...

Lok Sabha passes Constitution (One Hundred and Twenty-Sixth Amendment) Bill, 2019, Unanimous decision extends reservation for SCs & STs for 10 years

Lok Sabha cleared the bill for the extension of reservation for SCs (Scheduled Castes) and STs (Scheduled Tribes) on Tuesday for the next 10...

Tejashwi Yadav iterates party’s stand to oppose CAB bill, accuses Bihar CM Nitish Kumar of betraying people of Bihar by supporting bill

Airing his views public for the first time on the recently passed Citizenship (Amendment) Bill, Rashtriya Janata Dal leader Tejashwi Yadav announced his party's...

Raghuram Rajan suggests 11 point approach to revive distressing Indian economy

Former RBI governor Raghuram Rajan warned that sectors of India’s economy are “ticking time bomb”. A term coined by famous author Eduardo Galeano in...

YES Bank to consider Citax offer of $500-mn investment; Erwin Braich’s offer also under discussion

The board decided in the meeting that the final decision for the allotment to Citax Holdings and Citax Investment Group will follow in the next board meeting