Nuvo Logistics Pvt. Ltd, which also runs online grocer PepperTap, posted a profit in 2014-15 on higher demand for its business of handling product returns, official data showed. The Reverse logistics firm posted a profit of Rs.87 lakh on revenue of Rs.19.5 crore, according to documents filed with the Registrar of Companies. In August 2013, […]
Peppertap, Gurgaon based hyperlocal service startup has taken over Bangalore based hyperlocal grocery delivery startup, Jiffstore for an undisclosed amount. Jiffstore’s team will join PepperTap’s Gurgaon and Bengaluru offices. Peppertap aims to use synergies with Jiffstore to build an excellent customer experience. PepperTap also closed its Series B round of funding; with an additional $4 […]
Mobile wallet and e-commerce venture Paytm has acquired Near.in, a marketplace app that connects users with local businesses for home services. The Economic Times, which first reported the development, said the deal is valued between $1.5 million and $2 million. A formal press release on the announcement is expected shortly. he Paytm-Near.in deal is the […]
On demand grocery delivery startup PepperTap is close to finalising a new round of funding from investors including Delhi-based etailer Snapdeal in a deal expected to close next week.
What does it take to startup? A brilliant idea, perhaps, loads of money, a great set of cofounders, and maybe a degree from an IIT or an IIM? Or just a cohesive team and a problem to solve?
Many emerging start-ups like BigBasket and PepperTap have started to acquire the market with their services of providing food and groceries right to your doorstep. Providing over more than 14,000 products all over from pulses to dairy and eggs and all that too online is no small thing. These startups have slammed the accelerators and […]
SVIC, the investment arm of Samsung made its first investment in India, invested $8.5 million (approximately Rs 58.28 crore) in four Indian startups.
Middle East-based cab aggregator Careem has entered into a deal and signed a memorandum of understanding (MoU) with the Department of Culture and Tourism, Abu Dhabi (DCT Abu Dhabi) for the purpose of creating curated routes across the emirate and encourage events in the city. Careem GCC managing director Bassel Al Nahlaoui and DCT Abu […]
Digital lending firm Capital Float has acquired Pune-based fintech firm Walnut (Thumbworks Technologies) in a deal amounting to USD 30 million (about Rs 208.6 crore). Walnut offers a personal finance management mobile app that helps users to automatically track spends, bank and card balances, bill payments, and split expenses within a group. It has over […]
Hailing the Centres announcement of Rs 2.11 lakh crore for bank recapitalisation as “historic“, BJP chief Amit Shah has said the move will not just give an impetus to businesses, but also provide employment to the youth. सरकारी बैंकों के लिए ₹2.11लाख करोड़ के कैपिटलाइजेशन प्लान को मंजूरी देने के ऐतिहासिक निर्णय पर @narendramodi जी […]
Happiest Minds Technologies, a next-generation digital transformation, infrastructure, security and product engineering services company, announced the acquisition of Cupola Technology – a specialized IoT services company with innovative solutions across the IoT lifecycle. This strategic acquisition is in-line with Happiest Minds’ vision to expand upon its already thriving IoT business by bringing in complimentary frameworks, ready-to-use solutions […]
UrbanClap, a mobile marketplace for services ranging from the likes of house cleaning and beauty services at home to interior designing and wedding photography, said the value of monthly transactions on its platform has reached $10 million (Rs 66.6 crore). The startup had achieved the mark in August, less than six months of its mobile […]