Why Did Amazon’s Investment in India Decline in 2019?

Amazon’s investment in India declined in 2019. The reason is multi-fold. Amazon in the past invested in a grocery business supply chain, where the...

Doodhwala ends delivery services in three cities; to give operations to Freshtohome

Doodhwala, a milk delivery startup, has called off its delivery operations across three operational cities including Bengaluru, Hyderabad, and Pune, reported Mint. Ebrahim Akbari, CEO...
Tiger Global Management, Primve Venture Partners, others invest $56 million in security app for apartment societies MyGate

Paytm eyeing to raise fresh funding round of $2 billion from Alibaba, SoftBank, others:...

Paytm, a digital transaction platform, is reportedly, eyeing to raise a fresh funding round worth $2 billion, reported Inc42, citing a report by ET. An...
E-commerce giant Club Factory raises $100 million in series D funding round from IDG Capital, others

Fintech startup True Balance raises $23 million in Series C funding round from group...

True Balance, a mobile balance management service startup has secured $23 million (approx INR 164 crore) in a series C funding round from a...
Indian-startup-ecosystem-funding

Increase corpus of Fund of Funds for Startups: DPIIT to finance ministry

The department for promotion of industry and internal trade (DPIIT) has reportedly, reached out to the finance ministry to increase the corpus of the...
Venture Catalysts, others invest $500,000 as seed funding in dermatology consultation platform Remedico

Ratan Tata to invest in electric vehicle startup Tork Motors

Tork Motors, an electric vehicle startup, is all set to raise an undisclosed amount of funding from Ratan Tata, cited ET. Earlier in June this...

Social commerce startup Mall91 bags $7.5 million in series A round from GoJek, Beenext,...

Mall91, a social commerce startup, has bagged $7.5 million (approx INR 53 crore) in series A round from group of investors including GoJek, Beenext,...
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JSW Ventures welcomes former Network18 executive Sachin Tagra as new partner

Sachin Tagra from Network18 Group, where he headed investments at Capital 18, a startup investor firm, has been appointed as a partner with JSW...

Maruti Suzuki picks five startups for PoC under MAIL Programme to help growth

Maruti Suzuki India has picked five startup for proof of concept (PoC) under its Mobility and Automobile Innovation Lab (MAIL) programme to help accelerate...
paytm

Paytm achieves profitability at contribution level with $100 billion GTV

Paytm, an ace unicorn startup and digital payments platform, on Monday, said that it has achieved profitability at the contribution level, reported Inc42. Vikas Garg,...