February 13, 2017 | Shruti Jain
SoCoMo Technologies Pvt. Ltd, which runs on-demand delivery services startup and auto rickshaw aggregator Jugnoo, has announced its entry into the taxi aggregation business at a time when key players in the segment are facing drivers’ ire over diminishing incentives and low earnings.
February 13, 2017 | Reuters
Infosys Chief Executive Vishal Sikka said talk in the media on concerns over corporate governance at the software services firm was "distracting" and that he had good relations with the firm's founders, including N.R. Narayana Murthy.
February 13, 2017 | Varun Arora
Bengaluru-based industrial internet of things (IIoT) startup Flutura Decision Sciences and Analytics, run by Flutura Business Solutions Pvt. Ltd, has raised $7.5 million (around Rs 50.2 crore) in funding led by Vertex Ventures.
February 13, 2017 | Binu Paul
Medical-technology startup SigTuple Technologies Pvt. Ltd has raised $5.8 million (around Rs 38.8 crore) in a Series A funding round led by Accel Partners with participation from IDG Ventures, Endiya Partners, pi Ventures, VH Capital and Axilor Partners.
February 13, 2017 | Mansi Taneja
Sistema JSFC plans to float a second fund under the stable of its Sistema Asia Fund to invest in Indian startups, a top executive told VCCircle, as the Russian conglomerate looks to expand its venture capital bets on the country.
February 10, 2017 | Varun Arora
Northerly Automotive Solutions Pvt Ltd, which runs and operates automobile services platform GoBumpr, has raised $300,000 (Rs 2 crore) in a round led by The Chennai Angels.
February 10, 2017 | Reuters
Exchange operator Nasdaq Inc (NDAQ.O) plans to set up a venture capital arm to invest in financial technology companies that can help grow its own businesses, two people familiar with the plans told Reuters.
February 10, 2017 | Dearton Thomas Hector
Bangalore-based Love Food Ventures Pvt Ltd, which runs online food delivery startup 48East, has secured $500,000 (Rs 3.4 crore) in pre-Series A funding from the Al Dhaheri family of the UAE, it said in a press statement.
February 10, 2017 | Deepti Chaudhary
Former senior executive director at Franklin Templeton Investments Rajesh Sehgal has upped his bet on tech ventures, going beyond angel investing to launch his own fund that has secured commitments from several well-known investors.
February 09, 2017 | Disha Sharma
Botworx.ai, a conversational commerce platform, has raised $3 million in seed investment led by Costanoa Ventures with support from SV Angel, according to a post on the company website.
February 09, 2017 | Binu Paul
Wooplr Technologies Pvt. Ltd, which runs an eponymous fashion discovery platform for women, has raised $8 million (around Rs 53.6 crore) in a Series B round of funding from Sistema Asia Fund (SAF), a proprietary fund of Russian conglomerate Sistema JSFC, it said in a statement.
February 08, 2017 | Reuters
Indian mobile payments and digital wallet firm MobiKwik says it is in talks to raise more funds at a level that would give the start-up a $1 billion valuation, as it pushes to forge new ties with banks and offer new financial services on its platform.
February 08, 2017 | Varun Arora
Noida-based Kromozones Software Pvt Ltd, which runs and operates fleet management solutions provider Mind Your Fleet, has raised an undisclosed amount in a bridge round of funding from a group of angel investors.
February 08, 2017 | Varun Arora
Gurgaon-based Zenatix Solutions Pvt Ltd, an Internet of Things (IoT)-based energy management startup, has raised Rs 8 crore ($1.18 million) led by pi Ventures with participation from existing investor Blume Ventures.
February 08, 2017 | Disha Sharma
Bangalore-based experiential travel startup Wandertrails Services Pvt Ltd has raised $1 million in seed investment from Earlsfield Capital, a UK-based venture capital firm of entrepreneurs-turned-investors.
February 07, 2017 | Manu P Toms
Tata Sons interim chairman Ratan Tata has said he would go back to investing in startups this month after handing over the reins of the Tata group to N Chandrasekaran, managing director and chief executive of Tata Consultancy Services (TCS), who will formally take over on 23 February.
February 07, 2017 | Deepti Chaudhary
InnerHour, an online psychological wellness platform, has raised $450,000 (nearly Rs 3 crore) in its first round of funding from financial advisory firm Batlivala & Karani Securities, investment firm Venture Works and others, a top company official told Techcircle.
February 07, 2017 | Shruti Jain
Online travel agent marketplace TravelTriangle has raised $10 million in Series B funding led by Singapore-based RB Investments. The funding round also saw participation from existing investors SAIF Partners and Silicon Valley venture fund Bessemer Venture Partners.
February 07, 2017 | Debjyoti Roy
Hyderabad-based advisory services firm Sathguru Management Consultants is raising a Rs 673 crore ($100 million) fund that will invest mainly in companies in food and agriculture sectors across the country, a top company executive told VCCircle.
February 06, 2017 | Arti Singh
Kolkata-headquartered iManageMyHotel Technologies Pvt Ltd, which provides cloud-based property management solutions for mid-sized hotels, has raised an undisclosed amount from Jaarvis Accelerator, a person close to the development told Techcircle.