Food ordering startup Swiggy raises $35M from Harmony, RB Investments & others
Bundl Technologies Pvt Ltd, which owns and operates online food ordering startup Swiggy, has raised $35 million (around Rs 236 crore) in Series C round of funding from New York-based investor Harmony Partners and Singapore-based RB Investments. Existing investors also participated in the round.This comes seven months after the firm ......
Blume Ventures’ investment strategy for new fund
Seed investor Blume Ventures has decided to do away with syndicated investments and lead or co-lead most of the early stage investments with larger cheques even as the Mumbai-based firm prepares to accelerate deployment from its $60 million (about Rs 400 crore) second fund which is expected to be fully ......
Realty PE firm Milestone’s managing partner Kuldip Chawlla exits
Kuldip Chawlla, who joined Milestone Capital in August last year as managing partner for commercial division, is on his way out from the real estate-focused private equity firm, two people familiar with the development told VCCircle. The development comes at a time when the local PE firm is in the midst ......
Wellness services platform Gomalon gets second round of seed funding
Gomalon Technology Ventures Pvt. Ltd, a Bangalore-based wellness services startup, has raised $100,000 (around Rs 68 lakh) in a second round of seed funding from a company that makes essential oils, natural food colours and spice extracts, Anil Kumar, co-founder, Gomalon told VCCircle.Kumar declined to name the company and only ......
A better user experience is the best way to retain customers
It is not difficult for e-commerce firms to lure customers through discounts. The real challenge lies in retaining them without burning a hole in your pocket.At the recently concluded Techcircle Startup 2016 summit, a panel discussion titled ‘The art and science of customer acquisition and retention’, moderated by Karthik Reddy, ......
News Roundup: JSW Energy Joins Race For $2B Australian Coal Mine
JSW Energy Joins Race For $2B Coal Mine - Sajjan Jindal-owned JSW Energy is likely to join the race with Essar group, Hyderabad-based GVK and Lanco Infratech to bid for the coal mines that have been put on the block by Australian coal mining major Hancock Coal. The bids of ......
News Roundup: UK Investor Takes 26% In NSR’s Destimoney
Vodafone To Defer Tower Sale - The ongoing spat between JV partners Vodafone and Essar has resulted in the mobile operator deferring plans to sell its 7,000 towers across seven circles. Vodafone Essar, majority owned by the UK’s Vodafone Group,and Essar will defer the transaction till a solution to the ......
Insights on growth hacking techniques for SaaS Product Companies @Techcircle SaaS Forum’13; Early bird discount expires tomorrow
Techcircle will hold the second edition of its immensely successful Techcircle SaaS Forum on August 7, 2013, at The Chancery Pavilion Hotel in Bengaluru. Our special early bird discount expires tomorrow (July 30).Our special panel on ‘Scaling-up & Growth Hacking Techniques for SaaS companies’ will share insights on how SaaS ......
Markets dance to FDI tune but Rexit makes rupee weak on the knees
Stocks and rupee today opened with an early morning plunge but equities bounced back to score a 241-point rally as Rexit jitters got blunted by a new wave of FDI reforms, hectic buying by institutions, talking-up by influential market men and easing Brexit worries.Rupee, however, could not be saved of ......
ICICI Venture May Sell I-Ven Pharma To SPV Partner Dr Reddy’s
ICICI Venture, India's largest private equity player, is looking at selling I-Ven Pharma Capital Limited, a Special Purpose Vehicle, to Dr Reddy's Labs (DRL), its exclusive partner in the SPV.According to sources familiar with the development, the talks for selling the entire stake to DRL is in advanced stage and ......
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