[dropcap]M[/dropcap]umbai based agri-tech platform FarmLink Agri Distribution and Market Linkage Pvt Ltd has recently raised a sum of $3 million from the Indian arms of Pioneering Ventures, Swiss incubator/investment firm and agrochemicals company Syngenta AG. Incubated at Pioneering Ventures itself, the startup provides end-to-end logistics solutions for the supply of fruits and vegetables. The fresh funds will […]
Online lending platform Ziploan has raised $3 million in a Series A round of funding led by Matrix Partners India. The funding round also saw participation from its existing pre-series investor WaterBridge Ventures, Whiteboard Capital and former Capital18 MD, Sarbvir Singh. Delhi-based Ziploan is an MSME lending platform which is now planning to utilise the […]
India’s Unicorn Internet startups Flipkart and Ola are grouping together with peers including travel portal MakeMyTrip to launch a Nasscom like industry body that will be representing their interests and aim to deal with deep pocketed rivals, and sustain their existence in one of the world’s most prized markets for digital commerce. The lobby group […]
Ruptub Solutions’ budget hotel chain Treebo Hotels has recently raised $34 million ( around Rs 220 crore) in its Series C funding round led by Hong Kong-based investment firms Ward Ferry Management and Karst Peak Capital, a company statement said.
Cloud-based business software provider Freshworks (earlier Freshdesk) has acquired Zarget, a website analytics startup backed by marquee investors including Sequoia Capital. This marks the ninth acquisition by Freshworks in the past two years. This acquisition will help Freshworks focus on building marketing solutions for businesses of all sizes, although the terms of the deal were […]
SoftBank-backed cab-hailing firm Ola (ANI Technologies Ltd) has raised over Rs231 crore from Tekne Private Ventures through issue of preference shares.
Startup is a risky business. ‘The million dollar idea’ alone won’t suffice. One has to have better understanding about the customer targeted, and how to reach out to them; followed by extensive planning and then finally, an eventual place for the launch of your product(s). It’s very important that one finds the right city according […]
Cab aggregator Ola has invested Rs 100 crore in its car leasing subsidiary, Ola Fleet Technologies. The investment comes at a time when the homegrown firm is locked in an intense battle with US-based Uber for leadership in the Indian market. The proposal for Ola investing Rs 100 crore into Ola Fleet Technologies was accepted […]
SoftBank-backed Ola has raised Rs 670 crore (USD 104.4 million) in fresh funding from investors including UC-RNT Fund, a venture between the University of California and Ratan Tata. While UC-RNT Fund has pumped in Rs 267.99 crore, another Rs 402 crore has been infused by FO Mauritius I Ltd, according to regulatory filing by ANI […]
Predictive outbound hiring platform provider Belong today announced it has raised USD 10 million in a Series B funding (second strategic round) led by Sequoia Capital India. Existing investor Matrix Partners India also participated in the round and the company said it will use the funds to accelerate product development, expand sales and support operations, […]
Zarget today announced it has raised $6M Series A round of funding, led by Sequoia India, with participation from current investors Accel, and Matrix Partners. The company plans to use funds to scale its marketing automation products and help small businesses easily optimize their web presence in real-time without any coding skills required. With Zarget’s […]
As per Economic Times report, Japan’s leading telecom giant Softbank looking to invest Rs 1,700-2,000 crore in India’s leading Taxi aggregator Ola. This is the first funding investment from Softbank after Nikesh Arora Exit. According to the sources, ” SoftBank is looking to commit more capital but Ola wants to control dilution”. Ola was valued at […]