Bikayi Set To Raise $10-$11 Million In Series A Funding
Bikayi, a Hyderabad-based social e-commerce platform, is all set to raise fresh funds from new and existing investors, according to three people aware of the deal. First reported by Entrackr,…
Infra.Market Acquires Majority Stake In Equipment Solutions Platform Sociam Equipment
Infra.Market, a tech-enabled marketplace for construction materials and products, has acquired a majority stake in Sociam Equipment Solutions, an equipment solutions platform, for an undisclosed amount. Sociam Equipment, which owns…
Digital Lending Platform ZipLoan Partners With InCred To Roll Out Microloans For MSMEs
ZipLoan, a digital lender providing credit solutions for the working capital needs of MSMEs, has partnered with Mumbai-based fintech startup InCred to roll out microloans between Rs 1 lakh and…
Mobility Solutions Startup Lithium Urban Technologies Acquires SmartCommute
Lithium Urban Technologies, a mobility solutions provider, has acquired end-to-end employee transport software provider, SmartCommute, to increase its mobility offerings. As part of the deal, Lithium will be integrating its…
Indian Short Video Platform Chingari Partners With Fan Engagement App TrueFan
Chingari, a homegrown short video platform, has partnered with fan engagement app TrueFan. The partnership will help movie fans connect with their favourite celebrities and receive personalised video messages and…
Online Pharmacy Startup PharmEasy Acquires Medlife To Become India’s Largest Medicine Delivery Platform
Online pharmacy startup PharmEasy has acquired peer Medlife for an undisclosed amount, positioning itself to number one as India’s largest medicine delivery platform. As part of the deal, Pharmeasy will…
Edtech Startup upGrad Acquires Video-Enabled Learning Solutions Provider Impartus
upGrad, a Mumbai-based edtech startup, has acquired a video-enabled learning solutions provider Impartus. As part of the deal, the Mumbai-based edtech startup has committed over Rs 150 crore for the…
Online Grocery Startup BigBasket Claims To Clock $1 Billion Gross Sales In FY21
BigBasket, an online grocery startup, has clocked gross sales of $1.1 Billion (Rs 8,000 Cr) in the financial year 2021 that ended in March this year. CEO Hari Menon, in…
Eruditus Acquires Silicon Valley-Based iD Tech In A $200 Million Cash Deal
Eruditus Executive Education, an edtech startup offering executive education programmes, has acquired Silicon Valley-based edtech startup iD Tech in a cash deal for $200 Mn. Started by Pete Ingram-Cauchi in…
Hyperlocal Delivery Startup Dunzo Aims To Launch 250 Micro-Fulfilment Centres
Because of the lockdown restrictions caused by the COVID-19 pandemic, the hyperlocal delivery segment is witnessing significant growth. Backed by the increased demand, hyperlocal delivery startup Dunzo is aiming to…