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Ganesh Natarajan Sets Up Startup Platform; Earmarks $600K Fund
Ganesh Natarajan, former Vice Chairman of Zensar Technologies, has set up ‘meta-startup platform’ 5F World in partnership with his wife Uma Ganesh. The platform will invest in startups that have a...
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Logistics Management Startup Locus Raises $2.75 Mn In Series A Funding From...
Bangalore-based Locus, logistics management startup, has raised $2.75 Mn (INR 18.3 Cr) in Series A funding led by Exfinity Venture Partners. Other investors who participated in the round were Blume...
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Knowlarity Acquires Delhi-based Customer Engagement Platform Smartwards
Cloud telephony company Knowlarity Communications has acquired Delhi-based Smartwards, a customer engagement platform that simplifies loyalty for local businesses and their customers, for an...
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HSBC Slashes Zomato’s Billion Dollar Valuation By Half; Deepinder Goyal...
May is fast proving to be the month of markdowns for Indian startups. In less than a week after Fidelity Rutland Square Trust II and Valic Co. marked down their stake in Flipkart by 20%, it is now the...
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Runnr And TinyOwl To Merge Operations
Online food ordering platform TinyOwl and B2B online service provider platform for hyperlocal logistics services Runnr will soon merge in an all stock deal. Both companies with common investors –...
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Indian Startup Funding Report April 2016 – The Series A Crunch
Yet another month has gone by and there are now even stronger signals of the upcoming downturn in the Indian ecosystem. We at Inc42 don’t believe in speculations but rather in data backed signals. So...
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Paytm Launches Brand Stores To Give Brands Complete Control Of Their Online...
In order to offer a better shopping experience to its customers, Paytm has announced the launch of ‘Brand Stores’ on its marketplace, featuring over 1000 top brands. According to Paytm, the online...
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5 Things To Keep In Mind Before You Startup
It’s 2016. And we live in Startup India. It is now a hot bed for new businesses. And everybody is jumping on the startup bandwagon. And with the amount of money flowing into these startups, it has to...
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7 Better Ways to Source Tech Talent
You must have heard a lot about the disruption in technical hiring. As the world economy has grown hence making a steep increase in employment opportunities, a recruiter’s role has become far more than...
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Ecommerce Platform For Maternity Fashion Momzjoy Wins Startup Pitch At The...
Gurgaon-based, Momzjoy.com an ecommerce portal designed to offer fashionable and stylish clothes for moms-to-be won the pitch on the Angel Summit stage. For winning the startup pitch Momzjoy received...
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After Cleartrip, Zomato, And Redbus, Snapdeal Ropes In UrbanClap To Launch...
Just few days after announcing partnership with Zomato, Redbus and Cleartrip, ecommerce marketplace Snapdeal has now partnered hyperlocal services marketplace UrbanClap to launch personal services...
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Swiggy Raises Additional $7 Mn In Funding; Valued At $130 Mn
Bangalore-based food ordering app, Swiggy, has raised an additional $7 Mn (INR 47 Cr) from its existing investors Norwest Venture Partners, DST Global and Accel Partners. It raised $35 Mn in Series C...
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Oxigen Wallet Founder Pramod Saxena Launches Startup Accelerator Aarambh...
Chairman and managing director of Oxigen Services, Pramod Saxena, has launched a startup accelerator Aarambh Ventures in partnership with IIT-Roorkee. The accelerator will focus on startups operating...
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On-demand Logistics Platform Moovo Acquires Patna based GoGoods
Moovo, Delhi-based on-demand logistics booking platform, has acquired a similar platform GoGoods, in an all stock deal. The deal aims to expand its network in Bihar and Jharkhand. Post acquisition, the...
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Google Announces Free Wifi Service In Five More Cities
Google has announced the availability of free Wi-Fi service for passengers traveling from Ujjain, Jaipur, Patna, Guwahati, and Allahabad railway stations. The program is a part of Google’s Access &...
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Matrix Backed EdTech Startup Purple Squirrel Shuts Down
Purple Squirrel, a Mumbai-based ed-tech company has shut down its operations in lieu of continuously dipping sales and increasing cash burn rate. According to our sources, the team was dealing with...
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Health & Fitness App HealthifyMe Raises $6 Mn From IDG, Inventus & Blume...
Bangalore-based health and fitness app HealthifyMe has raised $6 Mn (INR 40 Cr) in Series A round of funding led by IDG Ventures India, Inventus Capital, and Blume Ventures. Founded in 2012 by Tushar...
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Arvind Internet Ltd. In Talks To Acquire Freecultr
Fashion ecommerce portal Freecultr is in final stages to be acquired by Arvind Internet, an online arm of the textile manufacturer and the flagship company Arvind Group. Inc42 sources close to the...
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Quikr Acquires On Demand Beauty Services Startup Salosa
Mumbai-based cross-category classifieds platform Quikr, has acquired on-demand in-home beauty services provider Salosa. The acquisition is a part of Quikr’s plan to invest $37.5 Mn (INR 250 Cr) in its...
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Fynd Launches Fify – A Conversational Commerce Bot For Fashionistas
Shopsense, a Mumbai-based retail technology startup behind the online fashion shopping app Fynd, has launched Fify – world’s first fashion shopping “botfriend”. Fify is conversational commerce bot for...
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