China’s bicycle sharing startup Ofo to enter India by first half of 2018
Ofo, one of the leading bicycle sharing startup in China, is reportedly planning to enter the Indian market by the first half of next year.
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Ofo, one of the leading bicycle sharing startup in China, is reportedly planning to enter the Indian market by the first half of next year.
Food tech startup Yumist, which provided home-style food prepared in their own kitchen, has shut down due to lack of funding.
Flipkart's logistics arm Ekart Logistics has raised a new funding round worth around ₹641 crore from Klick2Shop Logistics Services.
The new funding round comes from UC-RNT Fund, Kalaari Capital, 3one4 Capital and Qualcomm Ventures.
The funding comes from Startup Buddy, along with angel investors Apurva Chamaria, Sachin Arora, and Bharat Gupta, among others.
As a winner of Qualcomm Design in India Challenge II, Tagbox Solutions and Steradian Semiconductors will be receiving ₹49 lakh each.
Blume Ventures and Singapore-based Goldbell Group invested in the round, along with Anurag Srivastava, Shailesh Rao, Amiya Pathak, Rajesh Yohanan and Rahul Garg.
Myntra will curate and facilitate 15 Esprit stores in the country over the next five years.
For this funding round, the company has approached Temasek Holdings - Singapore’s State investment company, among others.
The Series B funding round will be led by Chinese smartphone maker Xiaomi and venture capital firm Shunwei Capital.