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Vijayakumar Pitchiah

Reliance to pick up majority stakes in Grab, C-Square

TMT

04 March, 2019

Reliance to pick up majority stakes in Grab, C-Square

Mukesh Ambani-led Reliance Industries Limited (RIL) has agreed to acquire an 83% majority stake in Mumbai-based hyperlocal delivery platform Grab. In ......

IFC plans to invest in online pharmacy 1mg's $70-mn round

TMT

01 March, 2019

IFC plans to invest in online pharmacy 1mg's $70-mn round

The International Finance Corporation (IFC), the private-sector investment arm of the World Bank, plans to invest an undisclosed sum in ......

Naspers-backed Delivery Hero leads Zomato's new funding round

TMT

28 February, 2019

Naspers-backed Delivery Hero leads Zomato's new funding round

Online restaurant discovery and food delivery platform Zomato is raising around $62.25 million (Rs 440.86 crore) in a fresh funding ......

Xseed Partners, others back ed-tech startup Bulbul

TMT

27 February, 2019

Xseed Partners, others back ed-tech startup Bulbul

Hyderabad- and US-based Bulbul Inc., which develops learning apps for pre-school kids, has raised Rs 3.5 crore ($500,000) in a ......

Visa leads funding round in online payment solutions firm BillDesk

TMT

26 February, 2019

Visa leads funding round in online payment solutions firm BillDesk

Mumbai-based IndiaIdeas.com Ltd, which operates online payment solutions firm BillDesk, has raised $84.85 million (Rs 602.6 crore at current exchange ......

MakeMyTrip's Deep Kalra, others bet on task management app Dunzo

TMT

25 February, 2019

MakeMyTrip's Deep Kalra, others bet on task management app Dunzo

Dunzo Digital Pvt. Ltd, which runs daily task management app Dunzo, has raised $6.5 million (around Rs 46 crore) from ......

Warburg Pincus, SAIF put more money in logistics startup Rivigo

TMT

06 February, 2019

Warburg Pincus, SAIF put more money in logistics startup Rivigo

Logistics-technology firm Rivigo Services Pvt. Ltd has raised $35.6 million (around Rs 255 crore at current exchange rates) in a ......

Growth equity firm Glade Brook Capital invests in Zomato

TMT

06 February, 2019

Growth equity firm Glade Brook Capital invests in Zomato

Zomato has brought a new investor on board as the food-tech unicorn builds a war chest to take on fast-growing ......

Samunnati gets debt funding from impact investment firm Symbiotics

Finance

05 February, 2019

Samunnati gets debt funding from impact investment firm Symbiotics

Chennai-based non-banking financial company Samunnati Financial Intermediation & Services Pvt. Ltd has raised Rs 33 crore ($4.6 million) in debt ......

Anthill Ventures backs social gaming firm Rooter Sports

TMT

24 January, 2019

Anthill Ventures backs social gaming firm Rooter Sports

Delhi-based sport social gaming platform Rooter Sports Technologies Pvt. Ltd has raised Rs 1 crore ($140,320 at current exchange rate) ......