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Explore news, startup funding, sector trends, and policy updates transforming the technology, media, and telecom landscape in India.

SoftBank-backed True Balance raises $23 mn in fresh funding

TMT

20 April, 2018

SoftBank-backed True Balance raises $23 mn in fresh funding

Gurugram-based Balancehero India Pvt. Ltd, which operates mobile balance-checking app True Balance, has raised $23 million (Rs 150 crore) in ......

Pravega, Beenext invest more money in expense manager Fyle

TMT

20 April, 2018

Pravega, Beenext invest more money in expense manager Fyle

Bengaluru-based expense management startup Fyle Technologies Pvt. Ltd has raised $1.1 million (Rs 7.26 crore) from investors including existing backers ......

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Kedaara Capital-backed Manyavar in talks to buy ethnic wear e-tailer

TMT

20 April, 2018

Kedaara Capital-backed Manyavar in talks to buy ethnic wear e-tailer

Kedaara Capital-backed Vedant Fashions Pvt. Ltd, which sells occasion wear under the brand Manyavar through web and offline stores, is ......

Shilpa Shetty invests in babycare startup Mamaearth

TMT

20 April, 2018

Shilpa Shetty invests in babycare startup Mamaearth

Honasa Consumer Pvt. Ltd, which owns and operates babycare products startup mamaearth.in, said on Friday that it has raised an ......

Ebix to buy into e-learning firm Smartclass in ninth India acquisition

TMT

20 April, 2018

Ebix to buy into e-learning firm Smartclass in ninth India acquisition

NASDAQ-listed software firm Ebix Inc. will acquire 60% stake for $8 million (Rs 52 crore) in Indian e-learning company Smartclass, ......

IFC, others complete Series C round in online insurance broker Coverfox

TMT

19 April, 2018

IFC, others complete Series C round in online insurance broker Coverfox

Online insurance platform Coverfox has completed its $22-million (Rs 144 crore) Series C funding round, which was led by International ......

Ola, two VC firms back scooter rental startup Vogo

TMT

18 April, 2018

Ola, two VC firms back scooter rental startup Vogo

The parent of online scooter rental platform Vogo has raised $7 million (Rs 45.5 crore) in funding led by homegrown ......

Is India ready for larger venture capital funding rounds?

TMT

17 April, 2018

Is India ready for larger venture capital funding rounds?

Venture capital investments in India are no more the preserve of VC firms. Hordes of angel investors and private equity ......

Accel Partners invests in logistics marketplace Cogoport

TMT

17 April, 2018

Accel Partners invests in logistics marketplace Cogoport

Mumbai-based Cogo Freight Pvt. Ltd, which owns and operates digital freight company Cogoport, has raised Series A funding from venture ......

Marico to pick up stake in Ant Farm-incubated fitness startup

TMT

16 April, 2018

Marico to pick up stake in Ant Farm-incubated fitness startup

FMCG major Marico Ltd has agreed to acquire up to 22.5% stake in the parent of fitness and holistic wellness ......

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