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SoftBank funding may spur Uber to re-think tough Southeast Asian market
Tue, Nov 21, 2017
SoftBank Group`s multi-billion dollar investment in Uber Technologies Inc opens up the possibility of combining it with other ride-hailing assets the Japanese group owns in a consolidation of a rapidly growing business across Asia, industry sources say.
Ola Cabs may receive $2 billion in fresh round of funding from SoftBank, Tencent
Tue, Oct 03, 2017
Once this round of funding goes through it is expected to help Ola go up against global giant Uber.
China pledges new funding for BRICS as group opposes protectionism
Mon, Sep 04, 2017
China will give $80 million in funding for BRICS cooperation plans, Chinese President Xi Jinping said on Monday, while the bloc of five emerging countries pledged to oppose protectionism.
Droom raises $20 million in Series C round led by Integrated Asset Management
Wed, Jul 05, 2017
The investment it received in its Series C round will be used to build on its tech platform and drive greater adoption of its ecosystem tools.
Money transfer start-up InstaReM raises $13 million in funding from GSR Ventures, others
Tue, Jul 04, 2017
The start-up received the investment in a round led by GSR Ventures, with participation from SBI-FMO Ventures, Vertex Ventures, Fullerton Financial Holdings (FFH), and Global Founders Capital (GFC).
Snapdeal gets funding worth 113 crore from Nexus Ventures Partners
Tue, May 30, 2017
Snapdeal gets funding worth 113 crore from Nexus Ventures Partners. Watch complete news story of News @ 9:00 PM for getting the detailed updates from stock market!
Flipkart most well-funded startup in India, second most in Asia Pacific, report says
Fri, May 26, 2017
Flipkart, Indian e-commerce website has been named the most well-funded unicorn in India and ranked second in all of Asia Pacific region. The company has a total disclosed funding of $4.74 billion.
Logistics firm Delhivery receives Rs 200 crore from Fosun International
Mon, May 22, 2017
The investment in Delhivery is a pointer to a likely boom in the logistics sector as the government introduces GST from July 1.
A year later, EarlySalary sees 17,000 applicants for short-term loans
Wed, May 17, 2017
EarlySalary a week back received $4 million in investment from IDG Ventures and DHFL.
Payment gateway Telr receives $3 million in Series B funding
Wed, May 17, 2017
The funding will be used by the company for initiatives such as a web store builder and short-term lending.
Snapdeal Sale: E-Commerce company being sold at a 50% discount?
Fri, May 12, 2017
Flipkart has made an informal offer to buy rival Snapdeal for $1 billion in an all-stock deal.
Grocery delivery start-ups get ahead of food delivery start-ups in funding
Tue, May 09, 2017
Grocery delivery start-ups have raised almost $600 million more than food delivery start-ups so far in 2017
Ola Cabs, Instacart, Airbnb accounted for 74% of funding in on-demand start-ups in Q1
Sat, Apr 22, 2017
The on-demand sector raised approximately $1.6 billion over 50 deals in Q1 2017.
Exfinity Venture Partners invests Rs 8 crore in AI+VR start-up Absentia
Tue, Apr 18, 2017
Absentia claims that with just a few lines of text or pictorial input, Norah can create a completely new set of interactive content such as Arcade games, Casual games, Puzzles, Animation, Graphics
India's fintech sector rises to 72 start-ups in last 3 years
Sat, Apr 15, 2017
The fintech start-ups in India received funding of about $175 million in 2014 and grew to $2 billion in 2015, which was buoyed by mega-rounds to Paytm.
Flipkart Vs Amazon: What's in cart for discount-seekers?
Tue, Apr 11, 2017
The sale of eBay's India business to Flipkart means further consolidation in the e-commerce market and the growing dominance of the No 1 e-commerce company in India.
Flipkart to spend $1.4 billion investment after careful cost considerations, says Binny Bansal
Tue, Apr 11, 2017
Flipkart on Monday raised $500 million from eBay as it invested in the company and sold its Indian unit to the Indian e-commerce company.
eBay invests $500 million in Flipkart; sells its India unit
Mon, Apr 10, 2017
Global marketplace giant eBay has invested $500 million in Indian e-commerce giant Flipkart. Ebay has backed Flipkart with an investment of $500 million for it to battle Amazon in India, according to a Reuters report. In addition eBay will sell its business to Flipkart.
Sports start-up Rooter raises funding from Intex Technologies
Tue, Mar 28, 2017
Rooter is a digital platform that connects, engages and helps sports audiences interact with each other on a real-time basis during sports events.
US President Donald Trump plans 28% cut in budget for diplomacy, foreign aid
Fri, Mar 17, 2017
US President Donald Trump`s proposed 28% budget cut for US diplomacy and foreign aid next year would preserve $3.1 billion in security aid to Israel but reduce funding for the United Nations, climate change and cultural exchange programs.