August 11th, 2018Bengaluru based Scooter Sharing platform Metro Bikes, renamed now ‘Bounce’, has raised $12.2 million series A funding led by Sequoia India and Accel Partners.
Raghunandan G, Founder of TaxiForSure, and other angel investors have also participated in this round.
The funding will use to scale up its network of 2,000 scooters in...
June 26th, 2018SigTuple, an AI-based healthcare startup has raised 19 million i.e approximately Rs. 130 crores in a Series B round led by IDG Ventures and Accel Partners. The investment round also saw participation from pi Ventures, Flipkart’s executive chairman Binny Bansal, Endiya Partners, Axilor Ventures.
The Bengaluru-based company plans to...
June 22nd, 2018Online Bike and Scooter Rental Platform Wickedride Adventures Services Pvt Ltd have raised Rs. 62.13 crore ( $9.1 million) in a funding round led by Accel Partners and Sequoia Capital.
With the latest round in place, company's valuation has roughly reached Rs. 130-132 crore.
As per Bengaluru based filings with Ministry of Corporate...
May 31st, 2018The biggest acquisition in e-commerce that shook up the world-the Flipkart-Walmart is now being examined by the Income Tax departments in India where the tax body has sent queries to Flipkart-Walmart regarding the $16 Bn worth deal.
While Flipkart has responded to the details of the acquisition, Walmart's explanation is still...
May 20th, 2018After acquiring Indian e-commerce unicorn Flipkart, US giant Walmart Inc. has finally sought approval of India's Anti-Trust Regulator for its mega $16 billion acquisition.
According to a Regulatory Filing sent to Competition Commission of India (CCI), Walmart has said that its buyout of Flipkart does not result in competition concerns...
April 17th, 2018Accel Partners, a private equity investment firm has invested about Rs 40 crore in online freight logistics firm Cogoport.
In a press release, the Cogoport said, "it has secured Series A funding round from Accel Partners, however, the company did not disclose the amount it has raised but according to our sources the amount is around...
March 23rd, 2018Bluestone, the online jewelry commerce, received a funding of Rs8.2 crore from OBOR Capital and Rs3 crore from Kalaari Capital, according to the latest MCA filings. The company appears to have raise an additional funds of $6 million from existing investors as well.
The filings also report that the company earned about Rs1 crore from...
March 21st, 2018Green Tech Startup Facilio raised a funding round of around $1.5 million from Accel Partners.
Founded in March 2017 by former Zoho Executives Prabhu Ramachandra, Rajavel Subramanian and Yogendra Babu, the firm runs facilities on autopilot from maintenance to sustainability; meaning that it manages to build operations in real time...
February 19th, 2018What started in a dorm room of Harvard University has totally changed the outlook of people all across the world on how they socialize. We are talking about none other than Facebook or "TheFacebook" as it was called back then!
Facebook was founded by Mark Zuckerberg and his college roommate and fellow Harvard University student...
December 15th, 2017Siliguri and Bengalure based online premium tea selling startup Teabox raised $7 million in a series B fresh round of funding from a clutch of investors including Accel Partners and Ratan Tata.
The startup will use the funding to expand its geographic reach, and further penetrate in US.
“Online and offline expansion will be a...
November 20th, 2017Bangalore based online furniture and home furnishing startup HomeLane has recently acquired modular home furniture marketplace Capricoast for $13.8 million.
This acquisition will grant HomeLane to leverage tech stack of Capricoast to provide customers a more streamlined and better home designing experience. As part of the acquisition...
