Tata Group Is All Set To Buy 65% Stake In E-pharmacy Startup 1MG
The Tata Group has signed a deal to purchase a 65% stake in e-pharmacy startup 1MG for INR 1,200 Crore. First reported by BW Disrupt, the development comes at a…
E-commerce Solutions Provider ANS Commerce Acquihires Asterro Technologies
ANS Commerce, a startup providing full-stack e-commerce solutions, has acquihired a software development firm Asterro Technologies. As per a statement, Asterro’s 25-member team from engineering, product design, QA and HR…
Delhi-Based FuelBuddy Acquires On-Demand Fuel Delivery Startup MyPetrolPump
FuelBuddy, a Delhi-based fuel delivery startup, has acquired Bangalore based on-demand fuel delivery startup MyPetrolPump in an all cash and stock deal. The Delhi-based fuel delivery startup, in a press release,…
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…
Hike Exits E-Gaming Startup WinZO After A Share Buyback Of $12M
Social gaming & entertainment platform WinZO has stated that it has given a complete exit to its early investor Hike with four-fold returns on their investment in May 2019. Hike,…
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…