Deals this week

Deals this week

ShopClues gets $100 million fundingShopClues, a 3 year old e-commerce market place has raised funding of $100 million led by Tiger Global, along with participation from existing investors Helion Venture Partners and Nexus Venture … Continue Reading

Aayuv Tech gets funding from Adroitent

Aayuv Tech gets funding from Adroitent

Hyderabad-based Aayuv Technologies Pvt Ltd has raised funding of Rs 2 crore from technology company Adroitent Pvt Ltd, headed by Sreenath Devireddy and Bitchemy Ventures. The funding amount will be used for product development, hiring, and … Continue Reading

Zomato acquires US-based Urbanspoon for $60 mn

Zomato acquires US-based Urbanspoon for $60 mn

Zomato, the online restaurant guide has acquired Seattle-based food portal Urbanspoon. The deal is estimated at $60 million (Rs 370 crore) all-cash transaction. This is the sixth and biggest acquisition by Zomato.Deepinder Goyal, the … Continue Reading

Hike Messenger buys US-based Zip Phone

Hike Messenger buys US-based Zip Phone

Chat Application, Hike Messenger has acquired US-based voice calling app Zip Phone, marking its first acquisition. However, the financial detail of the deal has not been disclosed.Hike is a joint venture between Bharti Enterprises and … Continue Reading

Featured

Complementary skills helped setup a firm

Complementary skills helped setup a firm

Ankit Singh and Rohit Taneja met for the first time at Harvard University at an HPAIR conference in 2012. Later on, they met again at Technion in Israel for an entrepreneurial project. Little did they know that their complementary skills … Read More

Tookitaki raises Rs 6.3 crore funding

Tookitaki raises Rs 6.3 crore funding

Tookitaki, a data intelligence startup has raised $1 million (Rs 6.3 crore) in a funding round led by Singapore based venture capital firm Jungle Ventures. Japanese seed investor Rebright Partners and existing investor Blume Ventures also … Read More

Purplle gets funding from IvyCap Ventures

Purplle gets funding from IvyCap Ventures

Purplle, an online beauty and grooming retailer has raised an undisclosed amount in funding from IvyCap Ventures. IvyCap normally invests Rs 15-30 crore in each of its deals.Vikram Gupta, founder, IvyCap will shortly be joining the … Read More

Gurgaon-based Near.in raises Rs 1.8 crore

Gurgaon-based Near.in raises Rs 1.8 crore

Near.in, a socially driven local service market place has raised Rs 1.8 crore funding led by investors including Anupam Mittal of Shaadi.com and Manish Vij of adtech firm SVG Media.The funding also saw participation from CEO Prashant … Read More

Saksoft Acquires 51% Stake in 360Logica

Saksoft Acquires 51% Stake in 360Logica

Chennai-based Saksoft has acquired 51 percent stake in 360Logica. Saksoft’s shares soared by 15% after the acquisition. However the financial details of the deal were not disclosed.Founded by Mohammed Asad Khan and Rohit Kumar Singh, 3 … Read More