December 26th, 2018
Gurgaon-based 74 BC Technologies, which owned and operated bike taxi service Baxi, is reportedly in the process to launch a hyper-local delivery model. For this, the company has tied up with two major FMCG brands.
Baxi had raised Rs 10 crore in 2015 from a host of well-known early-stage investors and is in the final...
December 24th, 2018
Venture Catalysts, a startup incubator, closed 57 deals in 2018, helping raise Rs 125 crore for startups in its portfolio, as per data from startup-tracking firm Tracxn. The deals ranged from Rs 3 crore to Rs 13 crore.
During the year, its portfolio firms raised Rs 380 crore in total. Founder and president Apoorv...
December 19th, 2018
Indian digital payments company ePayLater which is based in Mumbai has partnered with another payment company called Cashfree to bring in its innovative payment facility to their merchants.
This partnership will bring ePayLater’s credit-based payment solution to almost all the merchants such as Daily...
December 18th, 2018Hackers are finding new ways to break into your computer network, but these five trends are here to make sure your business is safe and thriving in 2019.
December 10th, 2018
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...
December 1st, 2018Funding 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 a full view...
November 29th, 2018The parent company India’s biggest payment services firm Paytm that is One97 Communications has reportedly and successfully crossed the valuation mark of Rs 1 lakh crore in the unofficial market.
Talking about the unofficial market, the firm’s value has raced past the market capitalisation of listed blue-chips like IndusInd Bank,...
November 23rd, 2018San Jose-based GlobalLogic, an engineering services company has reported that it will now actively look forward to acquisitions in cybersecurity, retail, medtech and automotive sector. The idea behind this is to grow to a $2 billion business in the next five years.
The IT outsourcing firm is on track to clock $650 million in...
November 21st, 2018The global technology investor SoftBank Group Corp is in its final stage of investing a huge amount of $450 million in Delhivery, which is India's largest e-commerce-centric logistics company by revenue.
This particular deal is expected to value the company at over $1 billion, entering into the unicorn club. Through its Vision Fund,...
November 21st, 2018The online grocery player BigBasket that aims to be a billion-dollar company by the next fiscal year, is expecting 40 percent of its projected revenue to come in from its private labels.
The company is expecting to clock Rs 3,500 crore in sales this fiscal year, up from Rs 2,000 crore last year.
"Private labels are around 34 per...
November 20th, 2018The Chinese smartphone major Xiaomi is recently diversifying into a new range of phones as the Chinese smartphone maker announced impressive growth with its latest financials.
With this, the company has announced its plans to take over selfie app maker Meitu’s smartphone business to go after new demographics. This is being done...
