IndiaMART plans to raise ₹600 crores through IPO
IndiaMART is ready to launch IPO, it has filed the draft papers with Securities and Exchange Board of India (Sebi). Many startups have started to go the IPO way rather…
SaleBhai receives BSE approval to raise money through IPO
SaleBhai has just been given an in-principle approval by the Bombay Stock Exchange (BSE) to list on the SME platform. The reports suggest that the IPO is likely to take…
OYO to enter wedding industry with new “Auto Party” venture
OYO has decided to enter the wedding industry in India by launching a new venture called Auto Party. It will be looking to organise the wedding planning industry which has…
Flipkart to venture into digital lending; applies for NBFC license
Flipkart, India’s online marketplace is set to enter the consumer lending sector. They have already applied for a non-banking finance companies license. They are already in talks with a few…
Mohit Gupta joins Zomato; to head food delivery business as new CEO
In a recent announcement, Mohit Gupta was named as the new CEO of Zomato‘s food delivery business, as reported by The Economic Times. After having more than a couple of…
Automation Anywhere secures ₹1713 crores in series-A funding
Automation Anywhere has secured around ₹1713 crores ($250 million) in series-A funding, which was led by NEA and Goldman Sachs Growth Equity. This is one of the largest series-A funding…
Fixpocket raises ₹1.7 crores in seed funding
Fixpocket, an Ahmedabad-based startup has raised ₹1.7 crores ($250K) from La Gajjar Group in the seed funding. La Gajjar group is an Ahmedabad based private investment group. The money raised…
Facebook to acquire Bloomsbury AI to combat fake news
Facebook is set to acquire Bloomsbury AI, a London-based startup, as reported by TechCrunch. This is an indication that Facebook has big plans when it comes to using artificial intelligence.…
ICICI bank to invest in tech startups with new ₹100 crore fund
ICICI bank will be investing ₹100 crore in the latest tech startups. They have already invested in six firms and the amount invested so far is ₹40 crore. The investment…
Paytm to acquire online hotel booking platform NightStay for ₹136 crore
Paytm is looking to enter the hospitality industry by acquiring the last minute hotel booking app, NightStay, for ₹136 crore ($20 million) as reported by The Times of India. Paytm…