IoT enabled e-scooter ‘BattRE’ launched in India
Good news for e-vehicle lovers. Jaipur based e-mobility startup, BattRE, has launched an IoT enabled e-scooter, priced at Rs 79,999. Asserting to be the second IoT enabled scooter of India, BattRE is offering a year of subscription to the cloud storage with this scooter(included in the price). 25 km per […]
Bizongo has raised $30 Million (INR 213.99 Cr) in Series C Funding
Based out of Mumbai, Bizongo, a business-to-business online marketplace for packaging needs, has raised $30 million in Series C funding round led by Swiss hedge fund Schroder Adveq.  Bizongo is planning to expand in the nation and also to add more categories. To date, Bizongo has raised up to $56 million. According to Sachin […]
My Startup Equity, an ESOP management platform launched by Lets Venture
My Startup Equity is India’s one of its kind employee stock ownership plans (Esops) management platform. Launched by Lets Venture, the primary aim of this platform is to digitize, maintain and liquidate startup employees stock grants. According to Ganesh Nayak, director of LetsVenture, “The platform will bring efficiency and accountability to how […]
Kashmir News: Kashmir gets back 2G mobile data and broadband
Since August 5, a complete communication ban was imposed in Kashmir (no calls, no internet). The situation approached to normal when just calling restrictions were removed. But today, J&K’s administration has decided to restore broadband and mobile data services also (2G speed only). J&K’s home department has granted internet access […]
USA Government to restrain selling of fake products on eCommerce platforms
To eliminate the selling of fake products online, the US’s Department of Homeland Security is looking to restrain the sale of bogus products on e-commerce platforms like Amazon. According to the officials, they will check shipments in the US warehouses and fulfillment centers of the e-commerce companies. And once informed […]
Zomato’s CEO, Deepinder Goyal, provides reasons for why Zomato acquired Uber Eats
After acquiring Uber Eats, Zomato has become the largest company in the food delivery business. Zomato’s CEO and Co-founder, Deepinder Goyal in a recent interview, gave reasons on why Zomato acquired Uber Eats. In an interview with ET, Deepinder Goyal said, “I’d give away 10% only if I’m gaining more than […]
Park+ gets $11 Million funding from Sequoia Capital, Matrix Partners
Startup Park+, based out Delhi NCR, gets $11 Million (INR 78.41 Cr) in funding from Matrix Partners, marquee VCs, and Sequoia Capital. The rise in automobiles has caused a lot of parking issues. Founded by ex-Paytm VP Amit Lakhotia (July 2019), Park+ enables commuters and drivers to find parking spaces […]
Dockless bike rental startup Bounce has raised $105 Million in Series D funding round
Bounce, a dockless bike rental startup, announced that they have raised an additional $105 Million ( around INR 748 Cr) from B Capital Group and Accel Partners. Kabir Narang, general partner and co-head of Asia at B Capital Group will now be joining Bounce board after this freshest funding. Now, […]
Withdraw money using UPI through PhonePe’s new UPI ATM Service
PhonePe has launched a service (as part of a pilot project) wherein using the PhonePe app, users can send money to vendors to get an equivalent amount of cash. This service will help many users who need cash. Presently, this service is limited to Delhi NCR only and the daily limit […]
Ghost Kitchens invests in Ethos Group and QSR Brands India
An undisclosed amount has been invested in the Ethos Group and QSR (Quick Service Restaurant) Brands India by Ghost Kitchens. Ghost Kitchens are also planning to include Tier 2 and Tier 3 cities for their scaling strategy. The reason for investment is to help the partner restaurant brands scale up […]