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Ola raises $1.1 bn from Tencent, SoftBank and others

TMT

11 October, 2017

Ola raises $1.1 bn from Tencent, SoftBank and others

Homegrown cab aggregator Ola has raised $1.1 billion (Rs 7,174 crore) from investors led by China’s Tencent Holdings Ltd and ......

Restaurant discovery platform EazyDiner bags $4.6 mn in Series B funding

TMT

11 October, 2017

Restaurant discovery platform EazyDiner bags $4.6 mn in Series B funding

Restaurant reservation startup EazyDiner Pvt. Ltd, founded by media personality Vir Sanghvi and a group of hoteliers and restaurateurs, has ......

Deep learning startup ParallelDots raises $1.4 mn

TMT

10 October, 2017

Deep learning startup ParallelDots raises $1.4 mn

Delaware- and Gurgaon-based ParallelDots, Inc., an artificial intelligence (AI) and deep learning solutions provider, has raised $1.4 million (about Rs ......

IndianMoney.com appoints former IBM executive Abhijit Goon as COO

People

10 October, 2017

IndianMoney.com appoints former IBM executive Abhijit Goon as COO

Personal finance advisory company IndianMoney.com has appointed Abhijit Goon, former associate director and chief operating officer of IBM India, as ......

Payments firm Paynear acquires Singapore-based GoSwiff

TMT

10 October, 2017

Payments firm Paynear acquires Singapore-based GoSwiff

Payment solutions provider Paynear Technologies Pvt. Ltd has acquired Singapore-based mobile commerce firm GoSwiff for an undisclosed amount, the startup's ......

Facebook India MD Umang Bedi resigns

People

10 October, 2017

Facebook India MD Umang Bedi resigns

Umang Bedi, managing director for India & South Asia at Facebook, has resigned and will leave the company by the ......

Zivame names former Nando's India CEO Sumeet Yadav as executive chairman

TMT

10 October, 2017

Zivame names former Nando's India CEO Sumeet Yadav as executive chairman

Online lingerie retailer Zivame, which is run by Actoserba Active Wholesale Pvt. Ltd, has appointed Sumeet Yadav as executive chairman.In ......

Russia to ban websites offering crypto-currencies

TMT

10 October, 2017

Russia to ban websites offering crypto-currencies

Russia will block access to websites of exchanges that offer crypto-currencies such as Bitcoin, Russian Central Bank First Deputy Governor ......

How Snapdeal and GoJavas went from courtship to confrontation

TMT

10 October, 2017

How Snapdeal and GoJavas went from courtship to confrontation

The fractious relationship between e-tailer Snapdeal and e-commerce-focussed logistics firm GoJavas is the startup version of the alleged affair between ......

Fraud prevention startup ThirdWatch raises seed funding from IAN, others

TMT

10 October, 2017

Fraud prevention startup ThirdWatch raises seed funding from IAN, others

Gurgaon-based ThirdWatch Data Pvt. Ltd, an artificial intelligence-powered anti-fraud solutions startup, has raised an undisclosed amount in a seed round ......