Ank

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Zomato invests in Hyderabad based meal delivery startup Tinmen

<b>New Delhi:</b> Online restaurant guide and food ordering firm Zomato on Monday said it has made an investment into Hyderabad based home-cooked meal …

Lenskart buys minority stake in US start-up Ditto for $1 million

Lenskart’s purchase of a minority stake in Ditto comes at a time when the online retail firm is working on expanding its supply chain and retail …

Rovio Entertainment, the company behind Angry Birds, has been valued at $1 billion in IPO- Technology News, Firstpost

Finnish mobile games studio Rovio Entertainment Ltd priced its initial public offering (IPO) at the top end of the initial range on Thursday, giving …

Just 800 start-ups launched in 2017 so far, compared to 6000 in 2016

The number of new start-ups has now dropped steeply for two years in a row, a worrying trend for Indian start-up ecosystem.<p><b>Bengaluru:</b> The number of …

Zefo, an online store for secondhand goods, gets $9.2M Series B led by Sequoia India

Zefo, which bills itself as “India’s fastest growing used goods marketplace,” said today that it has raised $9.2 million in Series B funding. The round was led by returning investors Sequoia India and Helion Venture Partners, with participation by Beenext.<p>Along with its Series A, which Zefo closed …

Phaneesh Murthy-backed Farm Taaza raises $8 mn in Series A funding

GS Farm Taaza Produce Pvt. Ltd, a fresh produce supply chain management firm, has raised $8 million (Rs 52 crore) in Series A funding led by Hong …

Student micro-financing startup SlicePay raises Series A round

SlicePay, a digital payment platform catering to college students, has raised $2 million (about Rs 13 crore) in a Series A round from Japanese …

Self-drive vehicle rental platform Drivezy raises $10 mn

Mumbai-based AS JustRide Tours and Travels Pvt. Ltd, which operates peer-to-peer car and bike rental platform Drivezy, has mobilised $10 million (Rs …

Airbnb and WeWork come together to provide business travellers with an option to book a workspace as well- Technology News, Firstpost

Hospitality service startup Airbnb and WeWork, a workspace providing startup are coming together keeping the business travellers in mind.<p>AirBnB. …

Home interior design startup MyGubbi raises $2.5 mn from angels

Bengaluru-based OrangeGubbi Technologies Pvt. Ltd, which operates online home interior designing platform MyGubbi, has raised $2.5 million (Rs 16.33 …

Onfido secures £22m for ID checking business with backing from Microsoft

A British ID checking startup that has worked with the likes of Uber has raised $30m (£22m) from investors including Microsoft and Salesforce.<p>Onfido, which was founded by three Oxford University graduates in 2012, provides ID verification and fraud detection technology and will use the funds to …

Aviva just made a major investment in fintech startup Wealthify, taking a majority stake in robo-investor platform

Aviva's made a major plunge into fintech, snapping up a majority stake in Wealthify, a robo-invester startup.<p>The deal will see Aviva add Wealthify to …

UK luxury travel deals site Secret Escapes raises $111M Series D led by Singapore's Temasek

$33M DROP: Airtasker pulls off one of the biggest capital raises of 2017

Australian gig economy startup Airtasker has pulled off one of the biggest capital raises of 2017 for its first international foray, announcing plans …

Paycent: A Global Wallet Solution for Cross-Border Payments

This column is authored by Vishal Taneja, Business Development Manager, Texcent<p>We are living in a globalised world where the trade borders are …

RentoMojo raises $10 million from Bain Capital, others

RentoMojo gives furniture and home appliances on rent.<p><b>New Delhi:</b> Furniture and consumer durables rental start-up RentoMojo has raised $10 million in …

Venture Capital

Facebook acquires US-based startup to Source3 to help filter out pirated content- Technology News, Firstpost

In its battle against pirated content, Facebook has acquired a US-based startup Source3 to help it weed out pirated videos and other content that …

Infosys' $500 million startup fund managing director Yusuf Bashir quits

<b>Bengaluru:</b> Infosys Innovation Fund managing director Yusuf Bashir, who was leading the US $500-million startup fund of software services for over two …

FabHotels raises $25 million from Goldman Sachs, Accel Partners

FabHotels works on an asset-light model, partnering budget hotels under a franchise model to provide standardized services. Photo: Company</b> …

Venture Capital

e-health startup 1mg gets a $15 million booster dose in funding

<i>Image: Shutterstock</i><p>Gurugram-based digital health startup 1mg Technologies has raised $15 million (approximately Rs 97 crore) in a Series C round of …

eHealth

Startups want to change what you insure and how you insure it

Joanna Glasner Contributor<p>Joanna Glasner is a reporter for Crunchbase.<p>More posts by this contributor:<p>Not a minimalist? Startups will gladly store, manage and deliver your items<br>• The state of the unicorn<p>In an insurer’s ideal world, there’d be a profitable policy for every conceivable risk. Click once, …

Flipkart could offer $900-950 million for Snapdeal

E-commerce major Flipkart is expected to make a revised offer of USD 900-950 million for buying rival Snapdeal, according to sources.<p>The new offer …

Lifestyle brand Chumbak raises $1.7 mn from Blacksoil, angel investor

Bangalore-based Chumbak Design Private Limited, which sells designer-led consumer products, has raised Rs 11 crore ($1.7 million) via equity and debt …

Venture Capital

Uber acqui-hires a social app to work on driver experience within the driver earnings team- Technology News, Firstpost

Uber has acqui-hired a social app Swipe Labs. According to a report by <i>TechCrunch</i> the hired engineers will work with Uber on improving the driver …

Looking for funding? Here are the 10 most active investors in India

The Blume Ventures team. Photo credit: Blume Ventures.India is on track for a record level of funding this year. It comes after a steep fall in 2016 …

Google is supporting a startup that's helping blind people navigate the London Underground

Wayfindr's marketing and communications lead Katherine Payne made the announcement on the company blog yesterday, where she also revealed that the company is in the midst of a trial with London Underground at Euston Station.<p>"We are currently testing our prototype app with blind and partially …

25 FinTech Startups That Expanded Globally Despite Regulations & Other Problems

Borderless innovation is a broad topic, which includes global expansion, global networking, cross-country laws, global business opportunities and …

Rohan Silva is offering €100,000 to the person that leads his cool Lisbon startup hub

The former advisor to Prime Minister David Cameron wrote a Medium post this week advertising the position of Second Home country manager for Portugal.<p>The candidate must be passionate about the arts, design, culture, and politics, and be able to demonstrate an interest in emerging business models, …

Overfunding: UK Startup Wriggle Secures Over £365,000 on Seedrs

<b>Filling the Tricky Funding Gap between £150,000 and £1m:</b> “There’s a headache funding gap for startups to negotiate between heavily incentivized SEIS …

UK Online Recipe Startup SimplyCook Captures Over £500,000 in Less Than Two Weeks on Crowdcube

Earlier this month, UK startup SimplyCook launched its equity crowdfunding campaign on Crowdcube to raise £600,000. The company offers online recipe …