Indian Microblogging Platform Koo To Acquire Mitron TV
Mitron TV, a short video platform, is close to striking a deal with India’s Twitter alternative Koo. First reported by Entrackr, Koo has passed a special resolution to allot Series…
OYO Acquires Croatia-Based Hospitality Service Provider Direct Booker
OYO Rooms has acquired Direct Booker, a Croatia-based Hospitality Service Provider, which has more than 3200 homes and has serviced 2 million customers so far. As per an official statement…
Inflection Point Ventures Launches $50 Million VC Fund, To Invest In 15-20 Startups
Inflection Point Ventures (IPV), an early-stage angel investing firm, has launched its CAT-II Alternative Investment Fund Physis Capital. It is a $50 million venture capital fund with a green-shoe option…
Ninjacart Launches $25M Seed Fund To Back Agritech Ecosystem
Ninjacart, an Indian agritech platform, has launched an agri seed fund worth $25 million to support emerging and new-age agritech startups. Through this agri seed fund, which is expected to…
Tata Digital-backed Cult.fit Acquires Gold’s Gym India Business
Cult.fit, a Bengaluru-based health and wellness platform, has announced the acquisition of a majority stake in F2 Fun & Fitness India Pvt Ltd, thereby becoming the master franchise partner for…
Edtech Unicorn upGrad to acquire Gurugram-based Talentedge
Edtech unicorn upGrad has announced that it is set to acquire Gurugram-based Talentedge, which is India’s fourth-largest online higher education company, for around Rs 350-400 crore. The edtech unicorn has…
Mumbai-based Merisis Advisors To Raise A Dedicated Startup Fund
Merisis Advisors, a Mumbai-based investment banking firm, is raising a dedicated startup fund as it seeks to tap opportunities from the pandemic-led digital growth. The fund named ‘Merisis Opportunities Fund‘…
VC Firm Jungle Ventures Raises $225 Million To Invest In India, Southeast Asia Startups
Jungle Ventures, one of Southeast Asia’s largest independent venture capital firms, has raised $225 million in the first close of its fourth fund. Through this fourth fund, Singapore-based VC firm seeks…
Delhi-NCR Startup Ecosystem Raised $6.7 Billion Funding Across 270 Deals In 2021
With a tremendous inflow of capital, the Indian Startup ecosystem is growing rapidly. In the first eight months of 2021, Indian startups raised $26 Billion in funding, hitting an all-time…
Facebook Partners With Indifi To Provide Easy, Collateral-free Loans To SMBs
Facebook India has launched a ‘Small Business Loans Initiative’ programme and partnered with online lending platform Indifi to provide easy, collateral-free loans to small and medium businesses (SMBs). The announcement was made…