Zomato Sets Eyes On Grocery Delivery Dominance, In Talks To Acquire Grofers
Zomato is all set to establish its dominance in the grocery delivery segment, as Zomato is in talks to acquire online grocery platform Grofers. As per a report by ET,…
Health Supplement Startup ‘Power Gummies’ Raises Funding From Venture Catalysts
Health supplement startup Power Gummies has raised an undisclosed amount from integrated incubator and accelerator platform, Venture Catalysts. This funding round is an extension of Power Gummies’ pre-Series A round…
Lockdown Impact: Video Sharing Platform ‘ShareChat’ Sees Increase In Daily Average Users
Amid the COVID-19 pandemic, ShareChat, an Indian regional language social media platform has seen an increase of 15% in daily average users. This video-sharing platform has also seen a rise…
FinTech Lender Capital Float Raises $15 Million From Amazon, SAIF Partners
Capital Float has raised $15 million in funding from its existing investors Amazon, Ribbit Capital, SAIF Partners, and Sequoia Capital India. Founded by Gaurav Hinduja and Sashank Rishyasringa in 2013,…
Lockdown Impact: Flipkart Collaborates With Tata Consumer Products To Provide Essential Items
To combat the shortage of essential food items, caused by the lockdown, and making them available to the consumers, Indian ecom giant Flipkart has collaborated with Tata Consumer Products. Under…
Funding News: Tech Startup SugarBox Raises ₹522 crores from Zee
Tech Startup SugarBox has raised ₹522 crores from Zee (a Media and entertainment company). As per SugarBox, it is making internet services more available, reliable, affordable and contextual. The startup…
COVID-19 Impact: Lockdown Leads To Increase In Online Pharmacy Sales
The nationwide lockdown has resulted in people preferring to stay at home and buy online. And due to this, online pharmacy companies have seen an exceptional surge in sales. Though…
Cloud Kitchen Operator ‘Rebel Foods’ Raises $50 Million From Coatue Management
Rebel Foods has raised $50 Million in a Series E1 funding round from its existing investor, Coatue Management. Founded by Kallol Banerjee and Jaydeep Barman in 2010, Rebel Foods is…