Mirae Asset Group Launches Early Stage Focused Fund For Indian Startups
Mirae Asset Group, a South Korean financial services company, is betting on Indian startups with the launch of early-stage startups focused fund. With investments of over $200 million in half…
Services Startup ‘Housejoy’ Sees Growth In Business, On Track To Clock Rs 150 Cr GMV In FY21
Housejoy, a tech-driven construction, renovation, interiors & home maintenance company, has seen strong growth in its business. Mostly driven by verticals like construction and beauty, Housejoy is on track to…
RedSeer Report: Ecommerce Records 65pc Sales Growth
The recently-concluded festive season from eCommerce giants like Flipkart and Amazon recorded around 65% growth as compared to the previous year. As per a new report published by consulting firm…
NITI Aayog’s Amitabh Kant: Digital Technology Will Help India Create $1 Trillion Of Economic Value By 2025
NITI Aayog CEO Amitabh Kant recently said India could create $1 trillion of economic value using digital technology by 2025. During a virtual event organized by industry body FICCI, Amitabh…
NASSCOM: Over 50% Of Tech Startups Expect Revenue To Pick Up In 6 Months
According to the NASSCOM’s Startup Pulse 2 survey, Indian tech startups, which were hit by the pandemic, are on a gradual recovery path. With lower losses, improved cash runway and access to…
Tech Giant Google In Talks to Acquire ‘ShareChat’
As per reports, Google is holding preliminary talks with homegrown social media startup ShareChat. What is likely to be an acquisition, will put ShareChat at a valuation of around $1.03…
Online Insurance Aggregator ‘PolicyBazaar’ All Set To Raise At Least $50 Million
PolicyBazaar, an online insurance aggregator, is all set to receive an investment in the range of $50-100 Mn from Alpha Wave Incubation (AWI). Alpha Wave Incubation is an early-stage fund…
E-Sports And Mobile Gaming Platform ‘MPL’ Sets Up Rs 37 Cr Fund For Indian Game Developers
Mobile Premier League (MPL), an E-sports and mobile gaming platform, has assigned a Rs 37-crore fund for Indian game developers and studios. The fund will help Indian game developers and…
Startups Offering Vernacular Solutions Are In Demand Due To COVID-19
Pandemic COVID-19 has accelerated the pace of digital transformation in India. With people staying at home because of the lockdown, millions of offline users are spending the majority of their…
Fintech Giant Paytm To Disburse Rs 1,000 Crore MSME Loans By March 2021
Fintech platform Paytm on Monday said it is expanding its collateral-free loans for MSMEs. As per the fintech giant, its collateral-free loans for MSMEs will be increased from Rs 550…