Delhi-based Shiprocket To Acquire 75% Stake In Wigzo Tech
Shiprocket, a logistics aggregator backed by Zomato, is all set to acquire a 75% stake in Delhi-based Wigzo Tech for a valuation of around $20-25 million. According to sources, the acquisition deal will have around 60% secondary and 15% primary components and is likely to help Shiprocket build a full-stack […]
Cross-chain Infra Startup Router Protocol Raises $4M From Web 3.0 Investors
Router Protocol, a web 3.0 cross-chain infra project, today announced a $4.1 million token sale fundraise from Coinbase Ventures, Woodstock Fund, De-Fi Capital, Polygon, Wintermute, TeraSurge Capital, Maple Block, QCP Capital, Alameda Research, Shima Capital, and Bison Fund, and more. Leading angel investors including, Polygon’s Sandeep Nailwal, Doordash’s Gokul Rajaram, and Aave’s Ajit Tripathi, also participated in […]
Momo QSR Brand Zomoz Adds Rebel Foods As Its Strategic Investor
Rebel Foods, a foodtech unicorn known for brands like Faasos and Behrouz Biryani, has invested an undisclosed amount in a Hyderabad-based quick-service restaurant (QSR) chain Zomoz. This Pre-Series A round of funding is a strategic investment by Rebel foods, and as per the founder of Zomoz, the funds will help […]
Info Edge Acquires HR Tech Startup DoSelect For Rs 21 Cr
Info Edge, the parent company of recruitment portal Naukri.com, has acquired Bengaluru-based HR technology startup DoSelect for Rs 21 crore. As per the company, the acquisition of DoSelect will further strengthen it as a leader in the recruitment sector with a sharp focus on tech-based, end-to-end hiring solutions. Additionally, DoSelect […]
Healthtech Startup Meddo Enters Bengaluru, Plans To Enter Ten More Cities In Two Years
Just two weeks after raising a pre-Series A round of $6 million, healthtech startup Meddo has announced its entry into Bengaluru. The healthtech startup will also be launching 20 fully branded and digitised medical centres within the first month of operation in Bengaluru and mark its presence in ten cities in the […]
HealthTech Startup Fitterfly With Its Innovative & Integrated Wellness Programs Is Helping People Live Healthier Lives
With changing lifestyle, our country is witnessing an increase in lifestyle diseases like diabetes. In 2020, India was home to over 77 million diabetes patients, as per International Diabetes Federation. This increasing number is a growing concern, but many entrepreneurs are coming up with their solution to help people of India […]
Making Camping Easy, Dehradun-based HireACamp Aims To Redefine Camping Experience In India
The popularity of camping in our country is rapidly growing. Each year, people are choosing camping and connecting with nature. Though camping is amassing the interest of travellers, booking camps in our country has been one of the biggest challenges as the industry is highly unorganised. Also, the campers (travellers) […]
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 FY2020 compared to INR 1,028 in FY2019. For the same period, Rivigo’s expenses grew 5% from Rs 1,532 Cr in […]
Chennai-Based Jidoka Technologies Raises $340K In Seed Funding
Jidoka Technologies, a Chennai-based AI-driven automation startup, has raised $340,000 in seed funding from a technology entrepreneur. As per the startup, it will use the funds to scale up operations and for expansion into new markets of North America and Southeast Asia. Founded by Vinodh Venkatesan and Sekar Udayamurthy, Jidoka […]
Bootstrapped Startup GeeksforGeeks Is Helping Students Crack Job Interviews At IT Companies
The most common problem students face after completing their studies is finding worthwhile resources and guidance for interview preparation. Most of the courses don’t provide students with the actual skill they will require in their jobs, leaving them untrained and jobless. Providing a solution to the issue, today’s story is […]