Friday, May 17

Search Results for: hyderabad

Droom Set to Hire 500 Employees in 2019

India’s online car&bike selling company Droom is looking to hire as many as 500 employees in 2019. One of the leading car&bike selling platforms in India, Droom has registered strong growth numbers while aggressively marketing its brand to users across the country. Now, the company hopes to take next stride with its latest hiring announcement. […]

OLX Cash My Car launched its 50th store

New Delhi: Naspers-owned OLX Cash My Car, today announced the opening of its 50thstore in Bandra, Mumbai a milestone for the brand’s strategic expansion plans in India. OLX Cash My Car has continued to expand its footprint aggressively with presence across 10 key cities in India, since its launch in August 2018. During the last month […]

Uber Ties Up with Delhi Metro For Last Mile Connectivity

US based hide hailing major Uber has partnered with Delhi Metro Rail Corporation (DMRC) to improve first-mile/last-mile connectivity.  As part of this partnership, Uber will set-up kiosks across designated metro stations for Uber Rider Assistants to facilitate riders to book an Uber ride even without the App. It will also place signages at selected locations in the stations and […]

DesignCafe Secures Rs 200 crore from WestBridge Capital

Online interior design platform DesignCafe has raised funds amounting to Rs 200-crore equity-financing round. This round was led by home-grown private equity firm WestBridge Capital. The transaction marks a rare venture capital-style investment by WestBridge which has so far largely preferred to place public market-focused bets. Funds from the investment will be used by DesignCafe to expand its footprints […]

Coworking Firm WeWork to Double its Space in India

The provider of coworking workplace We Work is planning to double the coworking space it offers in India to 6 million square feet in 2019. The company is expecting to expand its presence to cities including Chennai, Pune and Hyderabad by the end of next year. The New York-headquartered collaborative workspace firm currently operates 3 […]

Moglix Secures $23 million in a Fresh Funding Round

MogliLabs, which owns and operates B2B industrial goods marketplace Moglix, has raised $23 million (about Rs 164.57 crore) in a fresh round of funding, which was led by marquee venture capital firm Accel Partners US and existing investor International Finance Corp (IFC). The latest round of funding comes about 15 months after the Singapore and Noida-based company, which also […]

Swiggy to Enter Educational Institutes through ‘Launchpad’

The food delivery major Swiggy is planning and piloting a programme to launch operations in university towns. This programme will be known as Launchpad. Launchpad will bring onboard students, typically those in the third year of a four-year graduation degree, as the campus Swiggy CEO in each university or college town to leadSwiggy’s operations in […]

Coworking Firm 91springboard to Expand its Capacity Six fold to 1.5 lakh Desks

Coworkingspace company called 91springboard is planning to expand its capacity six-fold to 1,50,000 desks in three years from the end of this financial year. The company would openfacilities in more Indian cities. “Currently, we have 20 operational centres and are on track to reach 12,500 desks by the end of thisyear and then 20,000-25,000 desks […]

Top Five Funding of the Week (26th Nov – 1st Dec)

Funding is a very important part of business and without funding, it is quite difficult for startups to grow. Funding provides the base to startups. This week, we saw various funding activities, out of which the maximum funds were raised by an insurance company. The maximum funds raised were $200 million. Let us now have […]

Bengaluru-based Startup Doodhwala Secures $12 million

Bengaluru-based milk and daily essentials delivery startup called Doodhwala is reportedly securing funds up to $12 million (around Rs 85 crore) in a Series A round of funding. The round is being led by Impact investment firm Omnivore Ventures. Along with this, the company had approached both new and existing investors for the fresh fundraise. […]

US-based Ness Digital Eyeing to Acquire two Firms in Cloud Space

US-based Ness Digital Engineering which is a digital engineering services firm is in advanced talks to acquire two companies in the cloud space. Also, the firm is planning to hire 1000 people to its workforce over the next year. “We completed one acquisition in April… we are in discussion with two other potential partners in […]