November 10th, 2018Dunzo, a daily tasks management app based in Bengaluru has reportedly secured funds amounting to Rs 7 crore ($962,500) in a funding round. This funding round was led by venture debt firm Alteria Capital.
The company plans to utilize these funds for general corporate purposes and to expand its services, the filings stated.
The...
October 31st, 2018Zydus Hospitals has reportedly acquired one of the dozen hospitals of Columbia Asia Hospitals for an undisclosed amount. Columbia Asia stated that it sold its only hospital in Ahmedabad (Gujarat), of 90 beds, set up in 2014.
Zydus already has two hospitals in Gujarat which is a 650-bed unit in Ahmedabad and the other one in Anand....
October 27th, 2018Bengaluru-based online education company Unacademy has acquired Jaipur-based online exam preparation platform and career portal Wifistudy in a bid to tap into the test prep market. The amount of the deal was around $10 million, mostly consisting of stock.
The following acquisition will assist Unacademy to establish its existence in...
October 22nd, 2018The social media giant Facebook is eyeing to take up about 220,000 sq ft office space in Bengaluru which would be their largest office in India. The company has acquired the space in Embassy Golf Links, an office park that houses marquee clients such as IBM, Microsoft, Goldman Sachs and reinsurer Swiss Re among others.
With...
October 22nd, 2018The Indian arm of the popular co-working company WeWork that is based in New York has picked up 0.5 million sq ft office space in one of the largest deals by a co-working company.
The space has been leased across four locations in two major property markets of Mumbai Metropolitan Region and Bangalore. This would push the company’s...
October 16th, 2018The subsidiary of the $2.2-billion French IT firm Alten Group known as Alten Calsoft Labs acquired Bengaluru-based chip design company Si2Chip. The basic purpose of this acquisition is to expand its footprint in the VLSI (very large-scale integration) practice and bolster its semiconductor portfolio.
Following this acquisition, the...
October 5th, 2018Indonesia-based ride-hailing player called GO-JEK has been planning to appoint 200 engineers in Bengaluru. This is being done to expand the portfolio of products in food delivery, taxi-sharing, logistics and digital payments among others.
This step is being taken by the company with an aim to expand its presence across SouthEast Asia....
September 21st, 2018Customer engagement software company Freshworks launched its second India office at Bengaluru. This unit will act as a second engineering center and will be focussed on building new platforms and to dedicate more resources to its data science requirements.
The SaaS unicorn is preparing for scale - and handling a larger customer...
September 15th, 2018One of India’s largest software services provider Infosys announced the deal for the acquisition of Finland-based salesforce advisor firm Fluido. The amount of the deal is expected to be around $76 million (euro 65 million).
This acquisition will mark the second acquisition of the IT giant Infosys this year. In April, the firm...
September 15th, 2018SkyShuttle is set to launch shared business Jets and helicopter flights from next week. The company will start scheduled business jet flights between Mumbai and Bengaluru and helicopter services from Juhu airport to industrial towns.
The flights on the Mumbai-Bengaluru route will be operated by an aircraft between 6 and 14...
September 12th, 2018After a successful launch and five years of being in existence, Ather Energy has officially commenced the deliveries of its flagship electric scooter, the Ather 450, in Bengaluru. The Bengaluru-based startup invited a select few customers to the company's final assembly unit to hand them the keys to their Ather 450 electric...
September 12th, 2018Health and fitness startup Cure.fit is on the advanced stages to launch two quick service restaurants (QSR) in Bengaluru. The restaurants are expected to be launched in the next 4-6 weeks and will offer healthy food to people who are on-the-go in the city.
This move will make the company one of the early firms in the food tech sector...
