VCC Startups
TMT
Handset maker Intex launches $30 mn early-stage fund
Delhi-based mobile handset maker Intex Technologies has launched a $25-30 million (Rs 150-200 crore) fund to invest in early-stage technology ......
TMT
SoftBank calls for a Snapdeal-Flipkart combine
In a bid to salvage its investee firm Snapdeal from going under completely, Japanese internet and telecom conglomerate SoftBank Corp ......
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Hyperlocal delivery startup Genie to shut down
Chennai-based hyperlocal delivery startup Genie Solutions Pvt. Ltd will shut operations from April after it failed to raise funds.“We have ......
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Does Swiggy really need $50 mn more to fight Foodpanda and Zomato?
Online food ordering startup Swiggy.com is said to be in talks to raise at least $50 million (around Rs 325 ......
TMT
Online lingerie retailer Zivame's founder Richa Kar steps down as CEO
Richa Kar, CEO of online lingerie retailer Zivame—which is run by Bangalore-based Actoserba Active Wholesale Pvt. Ltd—has stepped down.A company ......
TMT
BCCL's Brand Capital backs on-demand concierge service DoneThing
Gurgaon-based InvexGO Solutions Pvt. Ltd, which runs on-demand personal assistant service DoneThing, has raised $300,000 (Rs 1.95 crore) in funding ......
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Marketing automation startup Wigzo raises bridge round
New Delhi-based Wigzo Technologies Pte Ltd, which operates enterprise automation suite Wigzo, has raised an undisclosed amount in a bridge ......
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Tiger Global-backed Cube26 shuts down IoT business
Mobile technology startup Cube26 Software Pvt. Ltd has closed its Internet of Things (IoT) business, leading to several job cuts, ......
Startups
Startups see M&A wave in their sector this year: VCCircle survey
Startups in India see a flurry of merger and acquisition (M&A) deals this year as both raising funds and staying ......
TMT
Fashion portal Fynd raises $500K from Venture Catalysts
Online fashion marketplace Fynd, run by Shopsense Retail Technologies Pvt. Ltd, has raised $500,000 (Rs 3.3 crore) from seed investment ......