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 Partners.ShopClues is valued at $350 million and has so far raised over $115 million."We will be investing money in technology, marketing, … [Read more...]

We want to build a world with a better connectivity!

Hollerr

Hollerr lets you make free calls to your friends and family around the world! Unlike other apps it doesn’t need a phone number, no sign-ins/outs, and no requests to add people you know.Hollerr alleviates the pain of getting in touch with businesses around the world. It’s a better way as opposed to going through yellow directories or other online services to locate bus … [Read more...]

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 marketing.Founded in 2014 by Kiran Kalakuntla, Aayuv Technologies has developed eKincare, an online platform that enables users to … [Read more...]

Nivaata Systems raises funds from existing and new investors

Nivaata Systems raises funds from existing and new investors

Nivaata Systems, an enterprise mobile startup has raised funds from existing investor Blume Ventures and new investor Ajay Malhotra of Dubai-based VAMM Capital. However the funding amount has not been disclosed. This round also saw investment from Naresh Malhotra, director of Modern Family Doctor and former chief executive officer of Cafe Coffee DayFounded in 2007 by Sriram … [Read more...]

Bootstrapped tech firm RateGain raises up to Rs 300 crore

Bootstrapped tech firm RateGain raises up to Rs 300 crore

RateGain, a software solution provider has raised Rs 200-300 crore in its first round of funding from US-based private equity firm TA Associates.The funds will be used to expand operations overseas, develop products, and acquire firms that have built solutions for the travel and hospitality industries.Founded in 2004 by Bhanu Chopra, RateGain specializes in providing … [Read more...]

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 chief executive of Zomato finalised the acquisition with digital media company InterActive Corp which owns Urbanspoon. Owned by media … [Read more...]

Sokrati Technologies raises series B funding from IvyCap Ventures

Sokrati Technologies raises series B funding from IvyCap Ventures

Sokrati Technologies, a digital marketing and analytics company has raised a series B round of funding led by IvyCap Ventures. The round also saw participation from existing investor Inventus Capital. Sokrati is Google's largest SMB partner in India.The funding will be used to expand technology & big data engineering teams and building the marketing presence … [Read more...]

Lenskart raises Rs 135 crore in funding led by TPG Growth

Lenskart raises Rs 135 crore in funding led by TPG Growth

Lenskart, online shopping portal for prescription eye-wear has raised Rs 135 crore in series C round of funding led by TPG Growth. Hong Kong-based TR Capital and existing investor, IDG Ventures also participated in this round of funding."In TPG, we found strategic partners and advisors with proven capability to build a large consumer-centric enterprise. With this new i … [Read more...]

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 Softbank that was launched in 2012. Hike has over 35 million users and has raised $86 million from Tiger Global and BSB till date.Founded … [Read more...]

We want to be the brand that emulates the ego of a student

MyCopie

The notebooks industry has been the same for decades and not evolved. MyCopie is a surprising and interesting change to this constant.MyCopie is a startup that conceptualizes designs and retails notebooks for students with focus on design, value, utility, quality, and technology. Each notebook carries exclusive discount vouchers from top FMCG brands to target their … [Read more...]