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Social network Zorro gets $3.2 mn seed funding from 15 unicorn founders

TMT

10 December, 2021

Social network Zorro gets $3.2 mn seed funding from 15 unicorn founders

Zorro Internet Pvt Ltd, which operates a pseudonymous social network, has raised $3.2 million (around Rs 24 crore) in a ......

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Startup stress test: Which VC-backed ventures have the shortest capital runway?

TMT

28 May, 2020

Startup stress test: Which VC-backed ventures have the shortest capital runway?

A large number of technology startups in India have laid off employees and cut salaries over the past couple of ......

SoftBank-backed OYO buys @Leisure Group in biggest overseas deal by an Indian startup

TMT

01 May, 2019

SoftBank-backed OYO buys @Leisure Group in biggest overseas deal by an Indian startup

OYO has acquired a majority stake in European vacation rental company @Leisure Group from German media house Axel Springer SE, ......

Japan's AET Fund, Blume lead follow-on round in The Wedding Brigade

TMT

12 March, 2019

Japan's AET Fund, Blume lead follow-on round in The Wedding Brigade

Mumbai-based Sitara Digital Ventures, which runs marriage ceremony solutions portal The Wedding Brigade (TWB), has raised an additional $1 million ......

IndusInd, CITIC CLSA eye IDFC MF biz; OYO in talks for fresh funds

General

22 March, 2018

IndusInd, CITIC CLSA eye IDFC MF biz; OYO in talks for fresh funds

Diversified financial services firm IDFC Ltd is in talks with interested parties to merge or sell its asset management arm ......

Budget 2018: Founders of Ola, Snapdeal, MobiKwik and others share their views

TMT

01 February, 2018

Budget 2018: Founders of Ola, Snapdeal, MobiKwik and others share their views

Although the Budget 2018 was a decidedly populist one focused the rural economy, finance minister Arun Jaitley emphasised the importance ......

Ratan Tata-backed Niki.ai builds chatbot for Federal Bank's mobile app

TMT

23 January, 2018

Ratan Tata-backed Niki.ai builds chatbot for Federal Bank's mobile app

Ratan Tata-backed artificial intelligence firm Niki.ai has tied up with Kerala-headquartered Federal Bank to launch a chatbot-based virtual assistant on ......

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Snapdeal poaches legal head from another SoftBank-backed startup

People

18 January, 2018

Snapdeal poaches legal head from another SoftBank-backed startup

Country’s third largest e-commerce company Snapdeal is set to get a new general counsel to head its legal and regulatory ......

InnoVen's venture debt investments in India rose 25% on record follow-on funding

Finance

12 January, 2018

InnoVen's venture debt investments in India rose 25% on record follow-on funding

Temasek’s venture debt arm InnoVen Capital has recorded a 25% jump in funding in 2017, thanks to the follow-on investments ......

Treebo Hotels' FY17 revenue soars 10-fold, loss widens

TMT

31 October, 2017

Treebo Hotels' FY17 revenue soars 10-fold, loss widens

Hotel aggregator Treebo has reported a 10-fold jump in revenue for the financial year ended March 2017, but its net ......