ALTBalaji Acquires Stake In Online Celebrity Digital Engagement Platform Tring
ALTBalaji has acquired a 17.5% stake in Tring, the online celebrity digital engagement platform, for an undisclosed amount. ALTBalaji is a wholly-owned subsidiary of Balaji Telefilms Limited. Started by Akshay Saini, Rahul Saini and Pranav Chabhadia, Tring is India’s Largest Celebrity Shoutout platform. Tring allows users to book personalized video […]
Indian Startups Raise Fake Apps Issue With Tech Giant Google
Tech giant Google is facing increased backlash from startups because of various issues, like alleged delay in taking down fake apps from its Play Store and difficulty in downloading competing app store platforms. Talking about the copycat apps of gaming app FAU-G on Play Store, Vishal Gonda, Cofounder of nCore […]
Real Money Gaming Startup ‘FanPlay’ Raises Seed Funding
Delhi-based startup FanPlay has raised an undisclosed amount in a seed funding round from Redcliffe’s Dheeraj Jain, Anupam Mittal, Core91 Fund led by Shalin Shah, LetsVenture platform (via the 100x Entrepreneur Syndicate) and other marquee angel investors. As per the startup, the funding bolsters its position to ace the product-market […]
By 2024 Ecommerce Retail Market Is Expected To Cross $100 Billion
According to a white paper, jointly prepared by global professional services firm Alvarez & Marsal (A&M) India and CII Institute of Logistics, the eCommerce retail market is expected to cross the $100-billion mark by 2024, which stood at $30 billion in 2019. Among many factors, the three prominent factors driving […]
Workflow Automation Platform Delightree Raises $3 Million In Seed Funding
Workflow Automation platform Delightree has raised $3 million in a seed funding round from Accel Partners, Emergent Ventures, Axilor Ventures, Brainstorm Ventures, and Alchemist Accelerator. As per the company, it plans to use the fresh funding to gain new clients. Founded by Tushar Mishra and Madhulika Mukherjee in 2019, Delightree […]
Data Pipeline Platform Hevo Raises $8 Million In Series A Funding
Data pipeline platform Hevo has raised $8 million in Series A funding led by Singapore-based VC firm Qualgro, along with independent investor Lachy Groom. The funding round also saw participation from existing investors Sequoia Capital India’s Surge and Chiratae Ventures. As per the company, it plans to use the funding […]
Flipkart Acquires Walmart India’s Wholesale Business, Will Launch ‘Flipkart Wholesale’
To scale its B2B offerings, Flipkart Group acquires Walmart India’s cash-and-carry business that owns the Best Price brand.As per sources, Flipkart will launch its ‘Flipkart Wholesale’ unit next month, starting with fashion and grocery categories. With Flipkart Wholesale, Flipkart is in direct competition with other existing B2B players like JioMart, […]
Top VC From Silicon Valley Says India’s Golden Moment Coming Soon
Despite COVID-19 affecting the global business world, Indian startups have received FDI (Foreign Direct Investment) of more than $20 billion amid the corona crisis. Acknowledging this unprecedented achievement, a Top VC hailing from Silicon Valley said the next 10 years will be India’s golden moment in key sectors, including Finance, […]
ATR Japan Partners With SeekersBase To Invest In 20 Indian Startups
To boost the Indian startup ecosystem, the Confederation of Indian Industry has signed an MoU with Advanced Telecommunications Research Institute International of Japan (ATR). ATR Japan is funded by the Japanese ministry of education, technology, culture, science, and sports. For promoting the Indian Startup Ecosystem, ATR has partnered with SeekersBase Japan to raise $100 […]
Google Pay To Temporarily Turn Off Its ‘Check Out Balance’ Service
UPI Payments Platform, Google Pay tweeted that due to increased load on UPI, it is temporarily turning off the ‘check account balance’ feature on its app. Google Pay India Tweeted, “Due to increased load on UPI, we are temporarily turning off the ‘check account balance’ feature. It will be back […]