Film Actress Kajal Aggarwal Invests An Undisclosed Amount In ‘Okie Gaming’
Film actress Kajal Aggarwal has invested an undisclosed amount in gaming company- Okie Gaming. As per the company, Kajal Aggarwal has picked up a 15% stake and will join the Mumbai-based gaming company as a strategic partner. Okie Gaming, which aims to clock Rs 50 crore revenue by the end […]
Indian Foodtech Unicorn Zomato Is All Set To Acquire Fitso
As per reports, Indian foodtech unicorn Zomato is all set to acquire Gurugram-based fitness startup Fitso. For those who don’t know, Fitso is a full-stack sports facilities provider, founded in 2015. It also claims to have a user base of 20,000 users in Delhi NCR. Coming back to the news, […]
Banaras Hindu University (BHU) Forms 21 Member Committee To Implement Startup Policy
To implement the new National Innovation and Startup Policy-2019, introduced by the Union Ministry of Education, at the university level, the Banaras Hindu University (BHU) has formed a 21-member committee. This 21-member committee will be headed by Vice-Chancellor Prof. Rakesh Bhatnagar. The committee constitutes of academicians as well as students […]
Hyderabad Based B2B Startup Bikayi Raises $2 Million In Funding
B2B startup Bikayi has raised a seed funding of $2 million from international investors, including Mantis ventures. Promoted by the popular band Chainsmokers, Mantis is a $50 million VC fund and this investment in Bikayi is their first investment. The startup plans to use the funding amount to hire more […]
Otipy Raises $1 Million In Funding From Inflection Point Ventures
Otipy, a social commerce startup, has raised $1 million from Inflection Point Ventures (IPV). As per the startup, it will use the funding amount to augment the existing technology infrastructure. The startup also plans to expand its reseller base in Delhi/NCR, and build deeper relationships with the farmer ecosystem. Otipy […]
Logistics SaaS Startup ‘FarEye’ Raises $13 Million In Funding
Logistics SaaS platform FarEye has raised an additional $13 million (about Rs 97.3 crore) as an extension to its Series D investment from Nandan Nilekani-backed Fundamentum Partnership and KB Investment. In April, FarEye had raised $24.5 million (around Rs 183.5 crore) in series D funding from Microsoft’s venture fund M12, […]
India’s SaaS Revenue Reached $3.5 Billion In FY2020, Growing Faster Than Global SaaS Industry
As per NASSCOM’s recent report, India’s SaaS revenue reached $3.5 billion in FY2020. The report also said the India SaaS industry has the potential to reach $13-15 billion by 2025. NASSCOM also added that 75% of the total revenue reported by Indian SaaS companies was achieved through global sales. Presently, […]