VCC Startups
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SoftBank, Saudi sovereign fund plan robotic initiative
Saudi Arabia’s main sovereign wealth investment fund and Japan’s Softbank Group plan to jointly study how robots can be used ......
People
Ibibo Group founder and MakeMyTrip president Ashish Kashyap resigns
Online travel services provider MakeMyTrip Ltd’s president Ashish Kashyap has resigned from the company, the Nasdaq-listed firm said on Wednesday.Kashyap’s ......
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Can Alibaba help Zomato take on rivals?
Online food ordering and restaurant discovery firm Zomato is reportedly in talks to raise up to $200 million from Alibaba. ......
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Facebook ad reach figures exceed US census data: Analyst
Figures Facebook Inc gives advertisers about its potential reach differ from U.S. census data, an investment analyst said on Tuesday, ......
People
IIFL Asset Management chief Prashasta Seth joins Uniphore board
Prashasta Seth, chief executive of IIFL Asset Management Company, has joined the board of directors at speech-recognition startup Uniphore Software ......
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Sequoia leads $6 mn round in cancer diagnostics startup OncoStem
OncoStem Diagnostics Pvt. Ltd, which develops prognostic and predictive tests for cancer treatment, has raised $6 million (Rs 38.5 crore) ......
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Travel-tech startup GoFro raises $10 mn in Series B round
Delhi-based Bona Vita Technologies Pvt. Ltd, which operates travel booking startup GoFro, has raised $10 million (Rs 64.21 crore) in ......
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Tencent may lead $40 mn Series C round in CarDekho
Chinese Internet giant Tencent is reportedly in early-stage discussions to invest in Jaipur-based Girnar Software Pvt. Ltd, which owns auto ......
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Lendingkart raises $10.74 mn in bridge round, eyes more funding
Lendingkart Technologies Pvt. Ltd, the technology and digital marketing arm of Ahmedabad- and Bengaluru-based fintech startup Lendingkart, has raised Rs ......
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Facebook testing features to monetise WhatsApp
Facebook Inc is gearing up to make money from WhatsApp, the messaging service used by more than a billion people ......
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