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Shotang raises $5M in Series A funding from Exfinity and Unitus Impact

TMT

23 December, 2015

Shotang raises $5M in Series A funding from Exfinity and Unitus Impact

Bangalore-based Sabonka Tecnologies Pvt Ltd, which runs B2B e-commerce marketplace Shotang.com, has raised $5 million (around Rs 33 crore) in ......

Mobile gaming firm Mech Mocha gets $1M from Blume, Flipkart

TMT

23 December, 2015

Mobile gaming firm Mech Mocha gets $1M from Blume, Flipkart

Mobile gaming company Mech Mocha Game Studios Pvt Ltd has raised $1 million in seed funding, the Bangalore-based startup’s co-founder ......

Food delivery startup Eatlo closes operations

TMT

23 December, 2015

Food delivery startup Eatlo closes operations

Bangalore-based Eatlo Tech Solutions Pvt Ltd, which runs food delivery startup Eatlo, has closed its operations just five months after ......

Tech Mahindra forays into mobile wallet space with MoboMoney

Technology

23 December, 2015

Tech Mahindra forays into mobile wallet space with MoboMoney

Tech Mahindra Ltd, which got Reserve Bank of India's (RBI) in-principle nod to set up a payments bank, has forayed ......

Citrus Pay's Gupta backs furniture rental venture Cityfurnish

TMT

23 December, 2015

Citrus Pay's Gupta backs furniture rental venture Cityfurnish

Cityfurnish—an online platform for renting furniture, furnishings and appliances—has raised an undisclosed amount in seed funding from Citrus Pay co-founder ......

Fairfax-controlled Quess buys Dubai's Styracorp; plans IPO

TMT

23 December, 2015

Fairfax-controlled Quess buys Dubai's Styracorp; plans IPO

Quess Corp has acquired Dubai-based Styracorp Management Services and IME Consultancy for an undisclosed amount, its parent Thomas Cook (India) ......

Wipro to acquire US firm Viteos for $130M

TMT

23 December, 2015

Wipro to acquire US firm Viteos for $130M

Wipro Ltd, India's third-largest software services exporter, said on Wednesday it has agreed to acquire US-based Viteos Group for $130 ......

Hong Kong-based Vectr Ventures invests in coupons app LafaLafa

TMT

22 December, 2015

Hong Kong-based Vectr Ventures invests in coupons app LafaLafa

Hong Kong-based Vectr Ventures has made its first investment in India’s burgeoning startup ecosystem by seed funding LafaLafa, a mobile-first ......

Home cleaning startup SBricks acquires Melway

TMT

22 December, 2015

Home cleaning startup SBricks acquires Melway

On-demand home cleaning and laundry startup SBricks has acquired facility management services company Melway for an undisclosed amount.SBricks Castle Care ......

Medi Assist invests $1M in Gul Panag-backed MobieFit

TMT

22 December, 2015

Medi Assist invests $1M in Gul Panag-backed MobieFit

Medi Assist India TPA Pvt Ltd, a third-party administrator in the healthcare market, has invested $1 million (Rs 6.63 crore) ......

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