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UK's Stride Gaming picks up 51% stake in online gaming startup RummyPassion

TMT

29 November, 2017

UK's Stride Gaming picks up 51% stake in online gaming startup RummyPassion

Haryana-based Passion Gaming Pvt. Ltd, which owns RummyPassion.com, has divested a 51% stake to UK-based Stride Gaming Plc for...

SoftBank may invest $200-250 mn in food delivery platform Swiggy

TMT

29 November, 2017

SoftBank may invest $200-250 mn in food delivery platform Swiggy

Japanese telecom and internet conglomerate SoftBank is in discussions to invest around $200-250 million (Rs 1,288-1,610 crore) in homegrown food ......

Myntra to buy stake in former PE exec's fashion e-commerce startup

TMT

29 November, 2017

Myntra to buy stake in former PE exec's fashion e-commerce startup

Flipkart group’s fashion and lifestyle e-tailing arm Myntra is likely to acquire a stake in Mumbai-based women-focused online fashion platform ......

SoftBank offers to buy Uber shares at 30% less than current value

TMT

28 November, 2017

SoftBank offers to buy Uber shares at 30% less than current value

Japan’s SoftBank Group Corp is offering to purchase shares of Uber Technologies Inc at a valuation of $48 billion, a ......

SoftBank's purchase of Flipkart shares from Tiger, Accel awaits regulatory nod

TMT

29 November, 2017

SoftBank's purchase of Flipkart shares from Tiger, Accel awaits regulatory nod

The sale of Tiger Global and Accel's shares in homegrown e-commerce firm Flipkart to Japan's SoftBank is awaiting clearance from ......

Gul Panag-cofounded health and fitness startup MobieFit raises $1.35 mn

TMT

28 November, 2017

Gul Panag-cofounded health and fitness startup MobieFit raises $1.35 mn

Health and fitness startup MobieFit, co-founded by actress, activist and fitness advocate Gul Panag, has raised $1.35 million...

Matrix, Accel back student accommodation startup Stanza Living

TMT

28 November, 2017

Matrix, Accel back student accommodation startup Stanza Living

Delhi-based Dtwelve Spaces Pvt. Ltd, which operates student accommodation platform Stanza Living, has raised an undisclosed amount in its first ......

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Paper Boat maker Hector Beverages raising fresh money in flat VC round

Consumer

28 November, 2017

Paper Boat maker Hector Beverages raising fresh money in flat VC round

Soft drinks and beverages maker Hector Beverages Pvt. Ltd is raising a fresh round of funding from a few existing ......

After backing Flipkart, SoftBank may invest in Paytm Mall to counter Amazon

TMT

28 November, 2017

After backing Flipkart, SoftBank may invest in Paytm Mall to counter Amazon

After investing in Indian e-commerce majors Flipkart and Snapdeal, Japanese tech giant SoftBank Group is in talks to lead a ......

Lifestyle brand Chumbak raises $13 mn in fresh funding

TMT

28 November, 2017

Lifestyle brand Chumbak raises $13 mn in fresh funding

Mumbai-based mid-market private equity firm Gaja Capital has led a Rs 85-crore ($13 million) funding round into Bangalore-based Chumbak Design ......

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