The fund raising round comprises of a mix of equity and debt instruments from Kae Capital, India Quotient, IFMR and MAS Financial Services Ltd.
The Income Tax Department obtained valuation reports by two different Bangalore accounting firms in 2014 under which it has issued a notice to the health-tech startup Practo.
Snapdeal's largest investor, SoftBank has been proactively mediating the sale for the past few months.
OneAssist offers insurance to cover card frauds such as skimming, phishing along with online, ATM and PIN fraud.
The H1B work visas, which allow highly skilled foreign workers to travel to the US, have been in the eye of a storm since President Donald Trump's election campaign. The Indian IT industry is likely to be most hit if proposed changes to the visa system are implemented by the US.
Fuel is delivered at same cost as available in the nearest fuel station with a delivery charge of Rs 99 for delivery up to 100 litres.
The law firm O'Melveny & Myers LLP, which is in the early stages of the probe, was hired by the ride service after employees gave contradictory accounts of how Uber obtained the medical records, one of the people said.
The vast majority of today’s leading companies will likely become toast—in a decade or less. Remember Blockbuster, the VCR and DVDs? Netflix and streaming technology helped kill them
The SIM-equipped watch can be recharged just like any other metro smart-card over the counter or through payment terminals.
Porter, an app and web-based intra-city logistics solution provider based out of Bengaluru, is trying to solve the logistics crisis by offering intra-city pickups and deliveries through an efficient and reliable model.
Younger startups could refrain from calling themselves - an Uber of xyz, a connotation very popular among companies trying to aggregate local businesses.
The scooter is expected to be priced anywhere in the range of Rs 80,000 and Rs 110,000, co-founder Tarun Mehta told Moneycontrol.
Private labelled products allow e-commerce firms to earn much larger margins compared to the commissions earned through sellers that sell similar products.
The funding round saw the participation of Ratan Tata backed UC-RNT fund along with existing investors Matrix Partners India, Falcon Edge Capital, and DSG Consumer Partners.
Moneycontrol brings to you a tale of 3 resignation letters that shook the startup world over the years
In a statement on Wednesday Kalanick said that he loved Uber more than anything in the world and it was a difficult moment in his personal life
Uber founder Travis Kalanick has reportedly stepped down as the Chief Executive Officer of the taxi aggregator, after investors stepped up pressure seeking his immediate resignation
It will offer features such as bank-to-bank, wallet-to-wallet money transfer and mobile recharge options right from the app itself.
Latest to join the band of GST software enablers is GST Star, a Bangalore-based firm started by Infosys veterans. Other IT firms who have joined the GST bandwagon include SAP, Microsoft, Zoho, Tally, Deskera and ClearTax.
Ola and Uber were left with 3,80,000 vehicles associated with them in the March quarter, from the peak of five lakh vehicles in December quarter, a sharp drop of 24 percent, a report by Redseer said.
The company had earlier raised a seed round from investors Endiya Partners, Tracxn Labs, 3one4 Capital and StartupXseed in 2016.
This weeks 1001 Startup idea is to develop a mobile and web-based application for better documentation of site inspections and reporting.
CricketNext claims to offer fastest scorecard among peers. The app is available on Android Play and App Store.
Existing investors IDG Ventures, Inventus Capital Partners and Nirvana Ventures also participated in the round.
About 10 percent riders in cities selected for the pilot will receive an email from Uber that will unlock the UberPASS vehicle view for them.