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Venture Capital

PayU leads $6.5 mn round of funding in ZestMoney

TMT

15 February, 2017

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 ......

Amazon to set up two customer service facilities in Coimbatore, Noida

TMT

15 February, 2017

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, ......

Ola, Uber services affected as drivers go on strike in Bangalore

TMT

15 February, 2017

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 ......

Online payments startup Razorpay turns profitable as sales rise 10-fold

TMT

15 February, 2017

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 ......

LetsVenture, Venture Catalysts lead funding in co-working space Innov8

TMT

15 February, 2017

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 ......

V-Day deal: Dating app Aisle raises fresh funding from CIO Angel Network

TMT

14 February, 2017

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 ......

Dealmaking in Maharashtra slumps in 2016; angel investments hold out hope

General

14 February, 2017

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 ......

WestBridge-backed Nazara Games to invest $20 mn in eSports league

TMT

14 February, 2017

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 ......

Early-stage VC fund Pravega, others back fintech startup Fyle Technologies

TMT

14 February, 2017

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 ......

Drivers stage protest outside Ola offices in Delhi

TMT

13 February, 2017

Drivers stage protest outside Ola offices in Delhi

The agitation by Uber and Ola drivers demanding better incentives got out of control in the national capital on Monday, ......

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