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Sanjiv Gupta again offers to acquire AskMe from Malaysia's Astro Group

Technology

15 September, 2016

Sanjiv Gupta again offers to acquire AskMe from Malaysia's Astro Group

Sanjiv Gupta, former chairman of the troubled hyper-local ecommerce and grocery company AskMe, incorporated as Getit ......

Nexus Venture backs on-demand logistics service provider GoPigeon

TMT

15 September, 2016

Nexus Venture backs on-demand logistics service provider GoPigeon

Bangalore-based on-demand logistics service provider GoPigeon has raised $1.5 million (around Rs 10 crore) in a pre-Series A funding round ......

Lightbox commits fresh money in Furlenco as part of larger Series B round

TMT

14 September, 2016

Lightbox commits fresh money in Furlenco as part of larger Series B round

Online furniture rental startup Furlenco is raising a new round of investment from existing investor Lightbox Ventures and others.Lightbox, which ......

Calcutta Angels picks 10% stake in ed-tech startup Zeroinfy

TMT

14 September, 2016

Calcutta Angels picks 10% stake in ed-tech startup Zeroinfy

Ed-tech startup Zeroinfy has raised an undisclosed amount of seed funding from Calcutta Angels Network (CAN). The angel network also ......

PayU to acquire Citrus Pay for $130 mn; Sequoia gets 4x returns

TMT

14 September, 2016

PayU to acquire Citrus Pay for $130 mn; Sequoia gets 4x returns

Online payments company PayU, owned by South African Internet conglomerate Naspers, has agreed to buy Mumbai-based rival Citrus Pay for ......

BlackSoil Capital offers $2.2 mn in venture debt to deals site Nearbuy

TMT

13 September, 2016

BlackSoil Capital offers $2.2 mn in venture debt to deals site Nearbuy

Deals and discounts site Nearbuy has raised venture debt of Rs 15 crore (about $2.25 million) from non-banking financial company ......

Reliance Communications, Aircel to merge wireless business

TMT

14 September, 2016

Reliance Communications, Aircel to merge wireless business

In the biggest consolidation deal in India's telecom sector, Reliance Communications and Aircel today announced the merger of their wireless ......

How the Markov process can help in the times of markdowns

TMT

19 September, 2016

How the Markov process can help in the times of markdowns

Startups in India seem to be going through a rough patch these days. Not a day passes by without a ......

B2B e-commerce platform DealBerg acqui-hires WeAreGadgets

TMT

13 September, 2016

B2B e-commerce platform DealBerg acqui-hires WeAreGadgets

DealBerg Technologies Pvt. Ltd, an e-commerce platform that caters to businesses, has acqui-hired another online B2B platform WeAreGadgets.The terms of ......

Quikr buys Bessemer Venture-backed beauty services startup StayGlad

TMT

13 September, 2016

Quikr buys Bessemer Venture-backed beauty services startup StayGlad

Online classifieds firm Quikr India Pvt. Ltd has acquired Bengaluru-based beauty services marketplace StayGlad in the third such takeover deal ......

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