VCC Startups
TMT
Uber loses licence to operate in London
London stripped Uber on Friday of its license to operate from the end of next week in a huge blow ......
TMT
E-commerce enabler Ace Turtle raises venture debt from Innoven Capital
Bengaluru-based e-commerce solutions and consultancy firm Ace Turtle Services Pvt. Ltd has raised an undisclosed sum from venture debt firm ......
TMT
Aditya Birla Group to down shutters on online fashion store Abof.com
Cement-to-telecom conglomerate Aditya Birla Group is reportedly downing the shutters on its fashion e-tailing venture, Aditya Birla Online Fashion Pvt. ......
TMT
SME financing platform OfBusiness seeks Series C funding
OFB Tech Pvt. Ltd, which operates technology platform OfBusiness to provide financing to small and medium enterprises, is in talks ......
People
MakeMyTrip founder CEO Rajesh Magow back on Flipkart board
Rajesh Magow, co-founder and chief executive of India’s largest online travel agency MakeMyTrip Ltd, is back on the board of ......
Finance
Singapore's Vickers Venture Partners to start investing in Indian startups
Singapore-based venture capital firm Vickers Venture Partners is set to enter India to invest in technology-driven startups, according to a ......
TMT
Festive season sales to burn $400 mn hole in e-tailers' pockets
Indian e-commerce firms are together expected to burn a whopping $370-400 million (about Rs 2,400-2,600 crore) on an estimated gross ......
TMT
Rapido set to acquire Hyderabad bike-sharing startup Getbike
Bike taxi company Rapido is in advanced stages of completing a deal to acquire Hyderabad-based Vave Infosolutions India Pvt. Ltd, ......
TMT
Village Capital, PayPal kick off selection process for 2017 fin-tech accelerator
US-based social investor Village Capital is inviting applications for its FinTech: India 2017 programme, which will train and invest in ......
Finance
ItzCash parent Ebix acquires Paul Merchants' remittance biz
US-based software services firm Ebix Inc. has agreed to acquire BSE-listed Paul Merchants Ltd’s international remittance business for Rs 262.77 ......
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