Mumbai based mobile and web testing service platform BrowserStack raised $50 million venture funding from led by venture fund Accel Partners ( Accel US and India). The six-year-old Mumbai-based company now valued more than $400 million. The company was operating on bootstrap model and running profitable from last six years and this is also be the largest series […]
Sequoia Capital-backed online pharmacy 1mg has recently acquired Varanasi-based startup Dawailelo. The terms of the deal were not disclosed. “We are very keen on building a pan-India presence rapidly,” said Prashant Tandon, CEO of Gurgaon-based 1mg, which is pushing to expand operations in tier-II and -III cities. “The team at Dawailelo has done a great […]
Fincash.com, a startup in the personal finance space in India has raised a round of funding from a number of industry stalwarts and HNI investors. Fincash.com focuses on the money market space in India for retail investors and seeks to get customers onboard with its solutions that it provides to potential investors. “Today, the folios […]
Single and Still in Trouble!! Back in 2011, Parikshit Agarwal felt awesome as he packed his bags for Hyderabad to work with Microsoft as their campus hire. Being an IIT Bombay Alumnus, his reputation was something that surpassed an introduction. All of that lay behind him as he went house hunting in the city. Parikshit […]
Ola, one of India’s most popular mobile app for transportation, on Friday announced the launch of a first of its kind mobile technology solution with its new ‘Ola Operator’ app – built for entrepreneurs who have grown from one car to many on the Ola platform over the years, as well as operators who own […]
Abhishek Anand, who was the Chief Technology Officer, Sanat Ghosh, who was the AVP Product, and Ravish Naresh, who was CEO of Indian Real Estate Forum are the latest three co-founders of Housing.com quits. They will start their new venture, according to the company source. “Abhishek, Ravish and Sanat played an important role in building the […]
Ankur Singla, was working with a corporate law firm in London when he quit in 2009 to startup. When he came back to India he had a problem with his phone company overcharging him for the internet services, and he realized how difficult consumer complaint readdress in India really is. And he started up Akosha […]
Mumbai based Startup Truce, which runs a fresh farm vegetables and fruits supply chain venture has raised 2.5 Crores ($370,000) angel funding from the founders of Inmobi and Snapdeal. Truce co-founder Saurabh Jain confirmed that the firm has raised funding but did not talk on about the details. The founders who invested are Kunal Bahl […]
Holidify, a Delhi-based startup founded by IIT Bombay alumni has recently raised an angel round of funding of $100K led by Promoter of Aarti Group (BSE: AARTIIND). The promoter family of Aarti Industries has earlier invested in education startup Places, Bewakoof.com and Humming Whale, creator of Gladius Technology Cricket Bats. The funding round also saw […]
Find out how a bitter experience on a train in 1974 turned N R Narayana Murthy into a compassionate capitalist.
The US-based popular travel agency Thomas Cook is eyeing to acquire 24% stake in Mumbai-based Traveljunkie, which recommends destinations and help people plan their trips and book activities, hotels and flights. The startup Traveljunkie basically serves people traveling to Thailand, Indonesia and Turkey. The company was founded in 2015 by IIT-Bombay graduates Ameya Sahasrabudhe and […]
Infosys co-founder NR Narayana Murthy has flayed the high wage hikes that senior managements have been apportioning to themselves when the software industry is in trying times and has advised them to make “sacrifices” to maintain common mans faith in capitalism. Conceding that times are difficult for the IT services sector, Murthy dismissed the commonly […]