Young Turks: All that's brewing in startup space

From fund-raising to acquisitions to even bollywood backing start-ups, its all happening in the indian start-up ecosystem. In this episode of Young Turks Startup Tracker CNBC-TV18 brings you up to speed on the action.

LendingKart group, a fintech startup has acquired Bengaluru based e-lending marketplace, Kountmoney. The move will not only enable Lendingkart to boost its technology and data analytics capabilities but will also help to broaden its service portfolio and develop efficient and consumer centric product offerings.

Ronnie Screwvalas Edtech platform UpGrad has acquired Delhi based SaaS platform Pyoopil Education Technologies. The development comes in line with UpGrad’s plans to enter in the over USD 1 bn corporate training segment of India. Post the acquisition, Pyoopil will join UpGrad’s team and will continue to develop technology on its platform.

Our Young Turk BabyChakra, a parenting social discovery platform has raised an undisclosed amount of series a funding from Seattle-based VC fund RoundGlass partners. The startup will use the newly raised funds to invest in product development, strategic hires, and creating localised content.