Sequoia Capital India And Beenext Ventures To Invest $4 Million In AppsForBharat
VC firms Sequoia Capital India and Beenext Ventures are all set to invest in a spiritual startup AppsForBharat. First reported by Entrackr, citing three sources, Sequoia Capital India and Beenext…
Gurugram-Based Logistics Startup Rivigo Witnesses 5% Growth In Revenue In FY20
Rivigo, a Gurugram-based logistics startup, has recorded a 5% increase in its revenue in FY2020. First reported by Inc42, the logistics startup reported a revenue of Rs 1,080 Cr in…
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…