Customer engagement hub startup ZineOne has raised $2.5 million in a Series A round led by Omidyar Network & others. Other investors include Harvard Business School Alumni Angels, Touchstone Equities, as well as existing investors Hyderabad Angels and Golden Seeds. With this new funding, ZineOne is well positioned to lead the market in this emerging sector. The company intends to aggressively accelerate […]
Hyderabad based Nowfloats which helps small businesses to build an online presence has raised ?14.36 Cr funding. The funding round appears to be a bridge round from existing investors, Omidyar Network, Iron Pillar Capital & others. As per the regulatory filing, Nowfloats had also secured 10 crore loan from Blacksoil Capital and its received the […]
Goodera, the Menlo Park and Bangalore-based CSR and sustainability management platform have raised ₹79 Cr funding in a Series B round. The existing investors Nexus Venture Partners and Omidyar Network are leading this round. Saif Partners also participated in this funding round. Phanindra Sama,and Sunil Chandiramani of Nykaa are the Angel investors who invested early in Goodera. Founded in […]
The multinational e-commerce giant Alibaba is planning to buy a minority stake of upto $500 million in Dailyhunt (formerly known as Newshunt), an online news providing platform said two people close to the development reported livemint. According to the duo, Alibaba has already offered a deal closing at $500 million to Dailyhunt but the news […]
Bengaluru based self-publishing platform Pratilipi has raised $4.3 million (Rs 28 crore) in a series-A round led by Omidyar Network & others. Existing investors Nexus Venture Partners also participated in the funding round. The funding amount will use for further building product features by personalising it for users, as well as hiring tech talent. Pratilipi […]
Delhi based Wifi analytics startup i2e1 (Information to Everyone) raised a Series-A funding of $3 million from philanthropic investment firm Omidyar Network on Wednesday. The round also saw participation from US-based Auxano Ventures, early stage investment firm 3one4 Capital and some of its existing investors. The fresh funds will be used to scale up the existing operations […]
Transerve Technologies, which offers geospatial technology software for urban planning to governments, city corporations and builders has raised $1.6 million from IL&FS Investment Managers and Omidyar Network in a Series A round.
E-pharmacy startup 1mg Technologies has raised $15 million funding in Series C from a clutch of investors, led by global healthcare focused fund HBM Healthcare Investments. This round of investment also saw participation from existing investors- Sequoia Capital, Maverick Capital Ventures, Omidyar Network and Kae Capital. The funds raised will be used by 1mg to […]
Indus OS, a startup which has created a regional operating system, today said it has raised an undisclosed amount from new investors JSW Ventures and VenturEast in recently-concluded financing round. Omidyar Network, an existing investor, has also participated in the latest round. “The amount which has been raised will be used for product development and […]
Financial technology firm PayU is planning to set up a Digibank service in the next 12-18 months and expects to clock revenues of USD 100 million (Rs 654 crore approx) by March 2018. “Our long-term plan is to set up Digibank which will look at easing account opening for youth and provide banking services to […]
Online classifieds platform Quikr today said it has acquired Stepni, a platform that connects vehicle owners with neighbourhood service providers, for an undisclosed amount. The move strengthens Quikrs service offerings under QuikrCars and also opens cross-selling opportunities for QuikrServices, it said in a statement. Stepnis founders and team will join QuikrCars with immediate effect, it […]
Funding activity in the national capital region witnessed a slowdown with deals signed worth $170 million in 155 transactions so far this year, says a report. According to ‘VCCEdge Startup Funding Insights’ the NCR startup ecosystem witnessed funding crunch and attracted $170 million (about Rs 1,140 crore) this year. “At the going run-rate, funding deals […]