Venture Capital
Consumer
Losses at Sequoia-backed Faasos widen four-fold as expenses mount
Pune-based quick service restaurant chain and online food delivery company Faasos Food Services Pvt. Ltd saw losses widen four-fold in ......
TMT
PayU leads $6.5 mn round of funding in ZestMoney
Bengaluru-based Chalk Farm Ventures Pvt. Ltd, which runs consumer lending startup ZestMoney, has raised $6.5 million (Rs 43.5 crore) in ......
TMT
Amazon to set up two customer service facilities in Coimbatore, Noida
Amazon Development Centre (I) Pvt. Ltd has announced plans to open two new customer service facilities in Coimbatore and Noida, ......
TMT
Ola, Uber services affected as drivers go on strike in Bangalore
Taxi-hailing services of Ola and Uber have been partially affected by a strike called by various unions protesting against a ......
TMT
Online payments startup Razorpay turns profitable as sales rise 10-fold
Online payment gateway startup Razorpay Software Pvt. Ltd has turned a profit in financial year ended March 2016, filings with ......
TMT
LetsVenture, Venture Catalysts lead funding in co-working space Innov8
New Delhi-based Guerrilla Infra Solutions Pvt. Ltd that runs co-working space Innov8 has raised an undisclosed amount in an angel ......
TMT
V-Day deal: Dating app Aisle raises fresh funding from CIO Angel Network
Bangalore-based startup Aisle Network Pvt. Ltd, which runs matchmaking app Aisle, has raised an undisclosed amount in fresh funding from ......
General
Dealmaking in Maharashtra slumps in 2016; angel investments hold out hope
Private investments in Maharashtra declined last year largely due to a significant drop in growth-stage deals. However, early-stage funding continued ......
TMT
WestBridge-backed Nazara Games to invest $20 mn in eSports league
Nazara Technologies Pvt. Ltd, which operates mobile gaming firm Nazara Games, has launched an eSports league in India, for which ......
TMT
Early-stage VC fund Pravega, others back fintech startup Fyle Technologies
Expense management company Fyle Technologies has raised $400,000 (Rs. 2.67 crore) in its seed round led by early stage venture ......
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