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Ankita Singh

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FUNDING

February 8th, 2018 Mumbai based real estate intelligence provider Propstack Services Pvt Ltd has received funding in a latest round from high profile private equity and hedge fund professionals. The investments are reportedly made in a personal capacity, however, the amount of funding was not disclosed. The funding will be utilized to accelerate the...
ANALYSIS

January 31st, 2018 Yatra, India's leading online travel company, today announced its unaudited financial and operating results for three months ended December 31, 2017. As per the results, yatra delivered good quarter of results with revenue less service cost growth at 45.6% year-over-year. Our multi-channel approach and the resultant symbiotic...
ACQUISITION

January 18th, 2018 Grab, the leading on-demand transportation and mobile payments platform in Southeast Asia, today announced it has acquired Bangalore-based payments startup iKaaz. The rich functionality of iKaaz’ mobile payments platform and its experienced leadership team will accelerate feature development and partner integration of GrabPay, Grab’s...
Tech

January 15th, 2018 Scientists have developed a method of securely communicating between multiple quantum devices, bringing a large-scale, un-hackable network closer to reality. To date, communicating via quantum networks has only been possible between two devices of known provenance that have been built securely. "We're in a technology arms...
FUNDING

September 6th, 2017 Delhi-based travel booking startup GoFro, has recently raised $10 million in a Series B round led by Japanese travel company HIS Co. Ltd. The round also saw participation from its existing investor MakeMyTrip. The company will be utilizing its funds to strengthen its technology platform, supply and agent network and expand into...
News

July 31st, 2017 Jasper Infotech Pvt Ltd owned online marketplace Snapdeal has walked away from talks to sell itself to Flipkart and now looks to try and survive as an independent entity. The online marketplace will try and survive by selling assets and cutting operational costs. Below is the text of the letter that Snapdeal's founders wrote to the...
FUNDING

June 30th, 2017 Time of Sports, a Sports company specialized in sports consultancy services has recently raised an undisclosed amount of funding from Mr. Sandeep Arya, Chairman and Managing Director of a USD 32 million conglomerate of companies Amtrak Technologies Pvt Ltd, Presto Infosolutions Pvt Ltd, Sanvei Overseas Pvt Ltd. The geographical spread...
BUSINESS

June 21st, 2017 European aviation major Airbus has awarded a long-term contract to Mahindra Aerostructures to manufacture and supply a set of components made of hard metals. These components aerospace steel, titanium and Inconel - will be used in manufacturing single aisle A320neo and wide-body A350XWB aircraft, a release said here today. This...
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