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25Aug By Gauri SinghNo Comments

FUNDING

Top 5 Funding of The Week (20th August – 25th August)

Funding refers to the process of raising funds for the purpose of business growth and these days funding has become a very important part of the business and startup world. Without funding, it is quite impossible to think about the growth of a business. The last week was quite eventful in terms of funding activities and thus, we have a list of the top five funding activities of the week. The largest amount that was raised this week was $350 million by One Medical. Lets now dig into the details and have a look at the other funding activities as well. 1) ELARA TECHNOLOGIES Elara Technologies, the owner of Housing.com, PropTiger.com and Makaan.com that is based in Singapore has reportedly raised an amount of $35 million in a fresh funding round. The round was led by ...

Hyundai Motor Backs Delhi-based Car-Sharing Platform Revv

24Aug By Gauri SinghNo Comments

FUNDING

Hyundai Motor Backs Delhi-based Car-Sharing Platform Revv

New Delhi-based car-sharing platform Revv has reportedly secured funds amounting to Rs 100 Crore in a Series B funding round. This particular round was led by the popular South Korean car maker Hyundai Motor. The other investors that participated in this round included Edelweiss and Beenext that are the company’s existing investors. Along with this, fresh investors like Dream Incubator, Sunjay Kapoor of Sona BLW and Telama Investment were also a part of it. These company is planning to use the funds so raised for the expansion of its product offerings for both long-duration and on-demand use cases. Also, a part of the funds will be used to strengthen its technology team and build brand awareness. The company is also looking to increase its existence to 30 cities in the next 12 month...

8Dec By PriyankaNo Comments

FUNDING

Shared Car Revv Raises $9 Million Funding From Edelweiss Private Equity, Others

World's first self-drive car rental platform Revv has raised USD 9 million in equity and debt from Edelweiss Private Equity and others. The series A equity funding led by Edelweiss Private Equity and debt funding from financing and leasing partners like Mahindra & Mahindra Financial Services and LeasePlan India, it said in a statement. The fresh capital will be used towards expanding into new cities, launching new products, and building proprietary technology to enhance customer experience, it added. The startup already counts the likes of Gautam Kumra (recently elected India MD of McKinsey & Company), Rajat Dhawan (Mentor to McKinsey's automotive practice) and Ananth Narayanan (Myntra CEO) as its angel investors. sms финанс займзайм под залог птс барнаулонлайн займ 24...

These “On Demand” Travel Apps Become Hit Among Budget Backpackers

29Mar By AnkitaNo Comments

Story

These “On Demand” Travel Apps Become Hit Among Budget Backpackers

(ANI): Foreign travelers are very excited to visit India and explore the enriched and diverse cultures. As it is said "Atithi Devo Bhava" India takes care of its guests and their needs and provide them with the affordable transportation to delve into India. India is a soulful, soul-stirring country, overflowing with cultural treasures, spiritual wonder, and natural beauty. A wondrous land of crowded mega cities, which attracts the travelers to explore India. These 4 Apps have been considered best for travelers to commute: JUGNOO: If you find cabs and taxi expensive you can book a Jugnoo auto from the auto ride application. Jugnoo, a Chandigarh based company, was established in the year 2014. It has ventured into the industry as one of the leading auto-rickshaw aggregators and the ...