NestAway has acquired Bangalore based home rental management startup Zenify in an all stock deal. This deal, according to sources, values Zenify at ₹65 crores.
Mumbai based VC firm, Iron Pillar has raised ₹129 crores for its maiden Indian fund to invest in technology startups. It has already invested in Bluestone and NowFloats Technology.
Dewan Housing Finance Corp has picked up 16% stake in Mumbai based Social Worth technologies by investing ₹13.4 Crores.
Zerodha's Rainmatter fund has invested ₹1.5 crores in Bangalore based fintech startup Balance.
Mumbai based UACTIV has raised an undisclosed amount of funding in seed round led by Hinduja Family.
Kaalari Capital has agreed with terms set by Softbank for SnapDeal's sale to Flipkart. The proposed deal will value SnapDeal at around $1 Billion.
Flipkart has raised ₹9000 crores from Tencent, Microsoft and eBay. With this fund raise, the Indian eCommerce giant has also acquired eBay's India business.
Mukesh Bansal, former co-founder of Myntra and currently at CureFit, has resigned from the board of Swiggy over "conflict of interest".
Men Grooming Startup Beardo has sold its 45% stake for an undisclosed amount to consumer goods company, Marico. The financials of the deal were not disclosed.
Recently launched was the new app, Niki. A prominent addition to the world of personal assistant apps. Unlike Siri or other chatbots, it is...