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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 ......

How fintech startups can disrupt the financial services industry

Startups

15 September, 2016

How fintech startups can disrupt the financial services industry

The headlines may give the impression that fintech startups are coming to eliminate traditional banks. That may not be ......

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 ......

FINO PayTech in talks with more investors to raise funds; explores acquisition

TMT

13 September, 2016

FINO PayTech in talks with more investors to raise funds; explores acquisition

Payment technology solutions provider FINO PayTech is in advanced talks with a few investors just after receiving a capital commitment ......

Fashion discovery app Findow raises seed funding

TMT

13 September, 2016

Fashion discovery app Findow raises seed funding

Fashion discovery app Findow has received an undisclosed amount in seed funding from Raj Singh Bhandal, director at Next Media ......

Hero Group's Sunil Munjal leads $12 mn round in beauty e-tailer Nykaa

TMT

13 September, 2016

Hero Group's Sunil Munjal leads $12 mn round in beauty e-tailer Nykaa

Mumbai-based online beauty essentials retailer Nykaa has raised $12 million (Rs 82 crore) in a new round led by Hero ......

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