Report: Around $17.2B Invested In Indian Startup Ecosystem By VC Firms During Jan-July 2021
As per data released by Venture Intelligence (VI) and the Indian Private Equity and Venture Capital Association (IVCA), Venture capital firms invested a total of $17.2 billion into the Indian startup ecosystem…
Gurugram-based Healthtech Startup Meddo Acquires Doxper
Just a month after raising a pre-Series A round of $6 million, Gurugram-based healthtech startup Meddo has acquired Mumbai-based Doxper in a cash and stock deal. Founded by Shailesh Prithani, Randeep Singh and…
Report: Indian SaaS Industry Expected To Record 5x Growth Over Next Five Years
According to the joint study by venture capital firm Chiratae Ventures and management consultancy firm Zinnov, the Software as a Service (SaaS) industry in India is expected to grow by 5x over the next five years.…
9Unicorns Launches Student Fund, Plans To Invest Up To $75K Per Startup
VC firm 9Unicorns has announced that it is launching a student-focused VC fund known as campus fund, university fund, or student capital. According to a press statement, the fund would enable…
FamPay Signs Deal With Visa To Launch Numberless Cards For Teens
FamPay, a teen-focussed payments platform, stated that it had signed a deal with card issuer Visa Inc to launch numberless, prepaid cards for teenagers. The card will enable teenagers to…
OnMobile Global Invests In Homegrown Short Video App Chingari
Chingari, a video-focused social media platform, has raised $13 million (Rs 95 crore) in its latest funding round led by OnMobile Global. The round also saw participation from Astarc Ventures,…
Amazon Technologies Acquires Bengaluru-Headquartered Retail Tech Startup Perpule
Amazon Technologies Inc, part of eCommerce giant Amazon, has acquired a Bengaluru-headquartered retail tech startup Perpule for Rs 107.60 crores. First reported by Mint, two individuals aware of the development…
Khatabook Acquires SaaS Accounting App Biz Analyst
Khatabook, a digital ledger startup, has announced the acquisition of software-as-a-service accounting app Biz Analyst for $10 million in a mix of cash and equity transaction. It is the first-ever…
Elevation Capital Partners With Think Investments To Create SPAC Route For Indian Startups
Elevation Capital (formerly SAIF Partners) has partnered with San-Francisco-headquartered Think Investments LLC to float a blank check company called Think Elevation Capital Growth Opportunity. Think Elevation Capital Growth Opportunity will…
Chennai-Based Startup Detect Technologies Expands To South America, Europe
Detect Technologies, a Chennai-based enterprise SaaS startup, has said that it is expanding to South America and Europe. The SaaS startup added that it has now strengthened its presence in…