Suhas KB

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Jungle Ventures makes final close of second fund at $100 mn

Singapore-based early-stage investor Jungle Ventures, which has Tata Sons Ltd’s interim chairman Ratan Tata as an adviser, has closed its second …

Venture Capital

Zomato’s unit economics for food delivery in India – Deepinder Goyal, Zomato

<i>By Guest Author editor@medianama.com June 6, 2016 <br>Share This: Share via Email</i><p><i>By Deepinder Goyal</i><p>In earlier posts, we spoke about what our online food …

Online Life

Times Group’s Brand Capital Enters Into A Strategic Partnership With Simplilearn; Invests An Undisclosed Amount

Bangalore-based online professional certification platform, Simplilearn, has raised an undisclosed amount of investment from The Times Group’s Brand …

How Visa Makes Money? Understanding Visa Business Model - Revenues & Profits

This post is about how Visa makes money. Firstly, we explain how Visa credit card payment processing works. Then, we explain the key elements of Visa …

Outsourcing

Silicon Valley’s Fenox VC arrives in India, wants to invest in cutting-edge tech startups

You’ve been hearing the winter-is-coming refrain for some time now. And in India, an early sign of it is in the venture capital investment figures …

Flipkart acquires UPI-based payments start-up PhonePe

E-commerce marketplace Flipkart Ltd on Friday said it has acquired payments start-up PhonePe Internet Pvt. Ltd, which was launched last December by …

Cross-border payments company InstaReM snaps $5M in Series-A funding

Cross-border payments company InstaReM on Wednesday announced receiving an investment of $5 million in Series A, led by US-based Vertex Ventures. …

How four friends are organising the fragmented automobile repair services market in Ahmedabad

Friends Bharat Ostwal, Sunil Gupta, Amisha Shah and Abhishek Gupta stumbled upon their idea for a startup when Amisha's car broke down in the …

Amazon India launches test preparation & info portal Exam Central

Amazon India has launched Exam Central, under the books department on the website where users can get access to sample question papers, solved papers …

UrbanClap raises $25M Series B funding from Bessemer, SAIF, and Accel Partners

Services marketplace startup UrbanClap today announced that it had raised $25 million Series B round of funding led by Bessemer Venture Partners with …

OYO Set To Start Two New Ventures: Oyo Café And Housekeeping Service

Gurgaon based Oyo Rooms is set to start two new ventures; Oyo Café and on-demand housekeeping service.<p>Oyo Café will be a food technology venture. …

Housekeeping

B2B hyperlocal delivery startup Opinio raises $7M funding

B2B hyperlocal delivery startup Opinio announced that it has raised $7 million in its Series A funding from logistics company Delhivery, Sands …

The trouble with Foodpanda

<b>Mumbai:</b> It was late. The men were hungry.<p>So they decided to order some food using Foodpanda, the online food-ordering marketplace, from a nice …

Shopalyst raises $2 million from Kalaari Capital

<b>Bengaluru:</b> Shopalyst Technologies Pvt. Ltd, which provides a platform to create digital storefronts on websites and apps, has raised $2 million in a …

eCommerce

'Whatsapp for money' app, Chillr raises $6M in Series A funding from Sequoia Capital

Hi Backwater Technologies that operates Chillr, a multi-bank mobile payment app recently announced that it has raised $6 million (INR 40 Crores) in …

Financial Products Comparison Portal Connectabank Raises Angel Funding

Connectabank.com has raised an undisclosed amount from Gulab & Co’s Prakhar Bumb – Image Source<p>Mumbai-based Rockdude Finpro Pvt Ltd, which owns and …

Financial Services

Bestdealfinance Raises 20 Crores Funding Led By Kalaari Capital

Founded in March this year, Bestdealfinance which helps SMBs and startups with loans, has raised a funding of over Rs. 20 crore.<p>The funding was led …

Loans

Reverie Raises Series A Funding of $4M from Aspada and Qualcomm Ventures

Reverie has raised an amount of $4 million in Series A funding from Aspada and Qualcomm Ventures.<p>Reverie is a local language tech company which …

Financial Services

Early investors set up dedicated funds as start-up valuations surge

<b>Bengaluru:</b> Venture Capital (VC) firms such as Nexus Venture Partners, Kalaari Capital and Blume Venture Advisors are setting up independent …

Venture Capital

Want funding? Try Plan B

<b>Mumbai:</b> The founders of Snapdeal and bigger rival Flipkart are in turn being courted by the next generation of start-up entrepreneurs. Young …

Venture Capital