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  • Cities generate barely 39 percent of funds they spend: Study Mar 14, 2018 12:53 PM IST

    Cities generate barely 39 percent of funds they spend: Study

    Pune tops the list of cities that have progressed in terms of city systems reforms, followed by Kolkata and Thiruvananthapuram. Delhi is at number 6, says the study.

  • Lending startup Datasigns Technologies raises $1.5 million from SRI Capital, others Sep 05, 2017 01:36 PM IST

    Lending startup Datasigns Technologies raises $1.5 million from SRI Capital, others

    It is a vernacular language app which builds a proprietary credit score and reports for loan applicants, thereby helping them understand their credit standing

  • MobiKwik eyes raising USD 100 million in funding this year Aug 06, 2017 03:30 PM IST

    MobiKwik eyes raising USD 100 million in funding this year

    MobiKwik has so far raised over USD 85 million in funding from investors like South Africa's payments major Net1, Sequoia Capital, American Express, Tree Line Asia and Cisco Investments.

  • Noticeboard raises $1.2 million from Stellaris Venture Partners Jul 25, 2017 10:50 AM IST

    Noticeboard raises $1.2 million from Stellaris Venture Partners

    The fund will be utilised to strengthen the technology, product and design teams.

  • NRI entrepreneur turns angel, plans to invest in five startups Jul 11, 2017 05:12 PM IST

    NRI entrepreneur turns angel, plans to invest in five startups

    Even as the Indian startup ecosystem remained relatively slow with respect to venture capital funding in 2016, angel investment was one segment which remained bullish

  • OneAssist raises USD 18 million in Series C funding Jun 23, 2017 06:53 PM IST

    OneAssist raises USD 18 million in Series C funding

    OneAssist offers insurance to cover card frauds such as skimming, phishing along with online, ATM and PIN fraud.

  • Venture Catalysts plans to exit 3 Indian startups in next 60 days Jun 16, 2017 03:12 PM IST

    Venture Catalysts plans to exit 3 Indian startups in next 60 days

    The firm has invested in 20 startups in India to date and has had a successful exit in March in Beardo, a men’s grooming products startup

  • Boxx.ai raises $500k from Unicorn India Venture and others Jun 12, 2017 02:02 PM IST

    Boxx.ai raises $500k from Unicorn India Venture and others

    AIDA, Boxx.ai’s first product led to an increase of 40 percent sales for its Indian and global clients, the company said

  • Hyperlocal startup MagicPin raises $7 million from Lightspeed, Waterbridge May 31, 2017 06:03 PM IST

    Hyperlocal startup MagicPin raises $7 million from Lightspeed, Waterbridge

    The company has received a total of USD 10 million in funding and covers more than 30,000 merchants in Delhi

  • Online fee platform OnFees in talks for next funding round May 15, 2017 01:50 PM IST

    Online fee platform OnFees in talks for next funding round

    Mayur Jain, CEO, said they are looking to expand to other parts of the country after August, and the areas to be tapped initially include Bangalore as also cities in states like Gujarat, MP and UP

  • Invoice Bazaar gets undisclosed investment from ex-Citi CEO May 09, 2017 05:38 PM IST

    Invoice Bazaar gets undisclosed investment from ex-Citi CEO

    Invoice Bazaar Supply Chain Finance (SCF) platform connects large buyers with SME suppliers which help them to avail early payment on their receivables.

  • Mumbai-based VC Iron Pillar raises USD 20 million for its first fund May 08, 2017 12:55 PM IST

    Mumbai-based VC Iron Pillar raises USD 20 million for its first fund

    The fund is also in talks to raise a Mauritius-domiciled investment vehicle apart from this fund, to take the total corpus to USD 100 million

  • Coworking startup The Office Pass raises USD 245K in seed money Apr 25, 2017 05:58 PM IST

    Coworking startup The Office Pass raises USD 245K in seed money

    Former MD of Yahoo India and Southeast Asia Tadanki led the seed round in the company

  • Trifecta Capital invests in UrbanClap, StalkBuyLove Apr 24, 2017 06:34 PM IST

    Trifecta Capital invests in UrbanClap, StalkBuyLove

    In an interaction, earlier during the month, Trifecta Capital's Rahul Khanna said that the firm planned to invest across 15-20 startups during the current year with the deal size ranging from Rs 5 to 45 crore

  • India needs USD 20 trillion by 2040 to boost infrastructure Apr 13, 2017 03:00 PM IST

    India needs USD 20 trillion by 2040 to boost infrastructure

    Noting that more than 70 per cent of the population will move to urban areas by 2040, Ashish Kumar Singh, the Public Works Department‘s (PWD‘s) principal secretary, said that “This will require investment to &#82

  • Flipkart buys eBay India business, gets $500 million as investment Apr 10, 2017 05:55 PM IST

    Flipkart buys eBay India business, gets $500 million as investment

    Even as eBay has sold its India business Flipkart, not all of its employees in India will be absorbed by the Bangalore-based company

  • Largest ever deal in Indian e-commerce: Flipkart raises $1.4 billion from Tencent, eBay and Microsoft Apr 10, 2017 03:11 PM IST

    Largest ever deal in Indian e-commerce: Flipkart raises $1.4 billion from Tencent, eBay and Microsoft

    In exchange for an equity stake in Flipkart, eBay is making a cash investment in and selling its India business to the company

  • Paytm invests undisclosed amount in Healthcare startup QorQl Apr 07, 2017 12:35 PM IST

    Paytm invests undisclosed amount in Healthcare startup QorQl

    The startup aims to use AI and big data to improve productivity and care quality of doctors and help patients manage their health and existing ailments better

  • Banks‘ share of funding to real estate sector, shrinks to 24% in 5 years Apr 06, 2017 02:00 PM IST

    Banks‘ share of funding to real estate sector, shrinks to 24% in 5 years

    The share of banks‘ credit in the real estate sector, has shrunk drastically in the last few years, from 50%-57% in 2010 to 24%-26% in 2016, said Knight Frank India, in its first edition &#82

  • India's startup ecosystem in a correction mode: Trifecta Capital Apr 04, 2017 10:42 AM IST

    India's startup ecosystem in a correction mode: Trifecta Capital

    The current correction in India's startup ecosystem has been caused due to indiscriminate hiring which created a fixed cost problem for startups

  • Criteria being worked out for new NDB membership: Kamath Apr 01, 2017 10:45 AM IST

    Criteria being worked out for new NDB membership: Kamath

    New Development Bank has approved the terms and conditions for adding new members and will come out with final criteria for the same, NDB head K V Kamath said today.

  • Snapdeal funding suffers as Kalaari Capital, Nexus lock horns with SoftBank Mar 31, 2017 01:09 PM IST

    Snapdeal funding suffers as Kalaari Capital, Nexus lock horns with SoftBank

    Snapdeal’s valuation in a potential funding round has led to a divide in its board of directors.

  • Flipkart in talks to raise about $800 million Mar 08, 2017 08:38 PM IST

    Flipkart in talks to raise about $800 million

    The funding, however, would come at a much lower valuation of about USD 8-9 billion, sources close to the development said.

  • CreditMantri raises $7.6 million in Series B round of funding Mar 01, 2017 02:41 PM IST

    CreditMantri raises $7.6 million in Series B round of funding

    Founded by three former Citibank executives, the company offers a proprietary technology to analyse credit history and helps understand credit worthiness for users.

  • Ola raises $350 million at valuation of $3.5 billion Feb 27, 2017 09:05 AM IST

    Ola raises $350 million at valuation of $3.5 billion

    Ola, India's home grown online cab aggregator, has raised a fresh bout of funding with its existing as well as new investors. The cab aggregator raised funds to the tune of USD 350 million at a lower valuation of USD 3.5 billion, down from the highs of USD 5 billion it enjoyed earlier.

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