Creativeland Asia Founder Acquires 40% Stake In Revenant Esports
Sajan Raj Kurup, the founder of advertising and design firm Creativeland Asia, has acquired a 40% stake in Revenant Esports LLP, an esports startup, for around $1 million (Rs 7.4…
Online Pharmacy Sector Witnesses Massive Order Surge Amid Second COVID-19 Wave
Led by the second wave of the COVID-19 pandemic, the online pharmacy sector in India is again witnessing a surge in orders. The sector is receiving increased demand for medical…
Mobility Startup Ola Electric Plans To Make Electric Cars In India
Ola Electric is reportedly planning to enter the Indian electric passenger vehicle (PV) segment with an indigenously built electric car. The development comes after the company’s recent entry into the…
Route Mobile Is All Set To Acquire Communication Automation Platform Phonon Communications
Route Mobile, a cloud communications platform service provider, is all set to acquire AI platform provider Phonon Communications in an all-cash deal for Rs 29 crore by May 31, 2021.…
B2B eCommerce Firm Indiamart Acquires Stake In Shipway Technology, TruckHall
Indiamart, a B2B eCommerce firm, has acquired stake in two companies, Shipway Technology and Truckhall, for about Rs 20 crore. The acquisition has been done by the firm to strengthen…
Early-Stage VC Fund Pi Ventures Launches Second Fund, Aims To Invest In Around 20-25 Startups
Early-stage venture capital fund Pi Ventures has announced the launch of its second fund with an initial target corpus of Rs 565 crore ($75 million approximately). Founded by Manish Singhal…
Auto Group CarDekho Plans Expansion Across Southeast Asia In Next Two Years
Auto group CarDekho is pressing ahead with its international expansion plans with aims to be present across South-East Asia in the next two years. According to a top company official,…
IAMAI Launches Mentoring Programme For Indian Startups
In a bid to help Indian startups grow, the Internet and Mobile Association of India (IAMAI) has launched ‘Circle Program’, a mentoring programme for Indian startups. ‘Circle Program’ will provide…
Report: Businesses Owned By Women Entrepreneurs In India Likely To Grow Up To 90% In 5 Years
As per a report titled-Landscape Study on Women Entrepreneurship, it was revealed that businesses owned by women entrepreneurs in India are likely to witness 90% growth in the next five…
Amazon Announces $250 Million ‘Smbhav Venture Fund’ To Invest In Indian Startups And Entrepreneurs
Amazon India has announced a $250 million ‘Smbhav venture fund’ to invest in Indian startups and entrepreneurs focused on tech-led innovations. Amit Agarwal, global senior vice president and country head…