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Priyanka

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FUNDING

July 2nd, 2016 Valued in a groundbreaking development for the Indian entrepreneurial landscape, Venture Catalysts has secured $500000 amount from Zaffiro Ventures. VCats was valued at Rs. 40 crore during the investment process, marking a major landmark in the six months of its operations and underlining its position as the fastest growing seed...
ANALYSIS

July 1st, 2016 How will your retirement life look like? Have you thought anything about it? Most of us would give the answer in No. Most of us believe the idea of living in the present time and therefore, we end up ignoring the future. We splurge on things, and retirement planning is most often left for people above 45 or 50 years. According to the...
FUNDING

June 28th, 2016 Mahindra Partners, an entity of USD 900 million Mahindra groups private equity arm, today announced closing of a new round of funding in Scoot Networks, an urban mobility solutions provider based in San Francisco. With this deal, Mahindra Partners has now joined other investors including Vision Ridge Capital. This financing round...
News

June 28th, 2016 4xLabs, a fintech start-up, has expanded its regional operations to India with the official launch of its currency aggregator app, Get4x, in Mumbai. The location-based app, which was first launched in Singapore, allows travelers to search for the best foreign exchange rates being offered by money changers in cities like Bangkok, Hong...
CHINA

June 27th, 2016 Wirecard AG is negotiating with representatives of Alipay, a unit of Chinese e-commerce giant Alibaba, about it taking a stake of up to 25 percent in the German banking software company, a newspaper reported on Sunday. Without citing its sources, the Bild am Sonntag weekly said Wirecard was in confidential talks with Alipay about it...
News

June 22nd, 2016 The relaxation of FDI norms in e-commerce will help grocery startups access funds more easily, domestic ratings agency Icra said today. "The move to open up the domestically manufactured food products sector to FDI will enable farmers to directly sell their produce to retailers, thereby reducing margins for middlemen," it said in...
News

June 22nd, 2016 A new mobile app, Nanu, has started offering free calling service, including on mobile numbers and landline connections -- a facility on which private telecom operators have raised objection before sector regulator Trai and government. "If you read the Indian Telegraph Act, you can interpret that every form of data transmission...
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