TMT
World Bank arm IFC invests $15 mn in Byju's
Ed-tech startup Byju’s has raised $15 million from International Finance Corporation (IFC), the World Bank’s private-sector investment arm.VCCircle had first ......
TMT
New taxi guidelines offer a great deal of relief to Ola, Uber
The new taxi operations guidelines prepared by the central ministry of road transport and highways provide a crucial breather for ......
TMT
IT firm Saksoft to acquire 60% stake in IoT startup DreamOrbit
Chennai-based IT company Saksoft Ltd has agreed to acquire a 60% stake in Bengaluru-headquartered Internet of Things (IoT) startup DreamOrbit ......
TMT
Calcutta Angel Network, Appliyifi back automobile IoT firm Vehico
Bengaluru-based Vehico that develops Internet of Things (IoT) solutions for the automobile industry has received an undisclosed amount of angel ......
TMT
Jupiter Capital-backed urDoorstep raises $1.4 mn in bridge round
Raising its second bridge round in six months, Bengaluru-based online hypermarket operator urDoorstep Eretail Pvt. Ltd has secured $1.4 million ......
TMT
Vanguard trims stake value in Flipkart again
A mutual fund managed by US-based investment firm Vanguard Group has marked down the value of its stake in Flipkart ......
TMT
Infuse Ventures, Ankur Capital back thermal-energy storage startup Tessol
Infuse Ventures, an early-stage sustainability and clean-tech fund associated with IIM Ahmedabad’s tech incubator Centre for Innovation Incubation and Entrepreneurship ......
TMT
Morgan Stanley slashes Flipkart valuation to $5.57 bn
A mutual fund managed by Morgan Stanley has marked down the value of its shares in Flipkart by 38.2% leaving ......
Infrastructure
Meru Cabs CEO steps down, CTO Nilesh Sangoi to take over
Meru Cabs CEO Siddhartha Pahwa has resigned from the Mumbai-based radio taxi firm and will be replaced by CTO Nilesh ......
TMT
Ex-Just Dial CTO's Xelpmoc invests in Ideal Insurance's upcoming online platform
Kolkata-based insurance broking firm Ideal Insurance is all set to launch an online insurance platform christened 121Policy.com that will primarily ......
