Paytm raising US$200-250M from Chinese e-commerce giant Alibaba

Leading m-commerce platform Paytm, run by Noida-based One97 Communications, is raising investment in the range of US$200 million to US$250 million from Chinese e-commerce behemoth Alibaba...

YourNest Invests in Defence IoT startup CRON Systems

India’s leading defence IoT startup, today announced that it has raised pre-series A funding from India’s premier early stage investor, YourNest. CRON is a deep-tech...

Mobile fitness startup HealthifyMe raises $1M from Dubai-based investor

HealthifyMe will use the funds to hire top talent and enhance its product and technology Bangalore-based mobile health and fitness app HealthifyMe has secured US$1 million in additional financing from Neelesh Bhatnagar, founder of...

Visa introduces contactless payments at Manesar toll plaza, expects to reduce...

Once commercialised, open loop payment systems could significantly reduce congestion and waiting times at toll plazas Visa, a leading payments technology company, today announced the launch...

Indian EduTech Startup Byju’s gets funding from World Bank Unit

In March this year, Byju's raised US$75M from Sequoia and Sofina, in the largest ever funding round by an Indian EduTech company so far. International...

Web portal The Kochi Post raises funding from Singapore’s Puthen &...

The funds from this round will be primarily used for hiring more journalists, currently the team consists for five journalists, and upgrade of technology The...

Bangalore-based Exfinity Ventures closes second fund at $44M

Exfinity has invested in 11 companies from its first fund, mostly in the B2B space Bangalore-based venture capital firm Exfinity Venture Partners has made the final close of...

Canadian pension fund invests $20M in Nandan Nilekani’s VC firm Fundamentum

With an initial corpus of $100 million, Fundamentum will invest in consumer technology businesses, particularly ventures that are solving unique Indian problems La Caisse de...

Fynd secures funding from Snapdeal’s former CPO Anand Chandrasekaran

Fynd, a fashion e-commerce portal in India, has clinched an undisclosed amount of funding from Snapdeal’s former Chief Product Officer, Anand Chandrasekaran. Rajiv Mehta, Chief...

India gets a new VC fund Stellaris Venture Partners

Stellaris Venture Partners, a new early-stage technology VC firm launched by former partners at Helion VC, has made the first close of its US$100 million fund.   The Series...

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