Voonik

Investments continue at a decent pace with BotWorx, Wooplr, TravelTriangle and Voonik raising rounds. Here are some top funding deals of the week.

Myntra appoints Dipanjan Basu as CFO

Myntra's previous finance chief, Prabhakar Sunder, had quit the company in February and is now with fashion marketplace Voonik as its CFO.

STARTUP CORNER: How venture debt is helping startups stay afloat

Lending mechanisms in India revolve around collateral, business models and revenue generation — neither of them a startup‘s biggest strength. This is where venture debt firms step in, helping startups to sustain operations till they get equity funding.

Voonik buys fashion e-comm app 'Dekkoh'

The Indian startup arena is abuzz with merger and acquisition (M&A) activity. And this time its Bangalore-based Voonik which is on the prowl.

Amazon veteran Raghu Lakkapragada joins Voonik as COO

This is second senior appointment announcement coming from Voonik within a month, after the appointment of Prabhakar Sunder, former Finance Head of Myntra, as CFO.

Voonik not worried about marginalised and here is why

The Myntra-Jabong acquisition may have put several smaller e-tailers on the back foot but fashion marketplace Voonik is not worried about being marginalised. Sujayath Ali, voonik's CEO tells CNBC-TV18's Adith Charlie, that the pie is large enough for multiple lifestyle e-tailers to thrive.

Ex-Myntra Finance Head Prabhakar Sunder joins Voonik as CFO

Prabhakar Sunder brings over 15 years of experience in capital raising, corporate finance, financial reporting and compliance, treasury and fund management, etc.

Voonik raises USD20 mn in Series-B funding

Sequoia Capital led the round with participation from Times Internet, Seedfund, Beenos, Beenext, Parkwood Bespin, Tancom Investments and Kunal Shah, it said in a statement today.

Lendingkart ties up with Voonik for easy loans to merchants

Voonik claims it has more than 6,000 merchants selling their products online, with over 7 million registered users and 5 million app downloads.

Enforcement Directorate's probe on e-comm cos gathers steam

CNBC-TV18 learns that the ED has also issued a show cause notice to Flipkart and Zovi and is seeking information on violations from the Reserve Bank of India (RBI).