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Oyo Grows 15x, Turns Profitable; Snapdeal’s GMV Grew By 90% Says Softbank
Softbank announced its earnings report for the fiscal year ending March 31, 2016, today. As per the report, Softbank backed OYO, Snapdeal, Ola, and Hike have posted substantial YoY growth. A month...
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Zarget Raises $1.5 Mn Funding To Make Website Optimisation Effective And...
Timing really is nearly everything. And what it isn’t, circumstance makes up for. – Steven Van Zandt While Arvind Parthiban knew that he always wanted to do something of his own, he also knew that it...
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P2P Lending Platform Faircent Raises Funding From JM Financial Ltd
Gurgaon-based peer-to-peer (P2P) lending platform Faircent.com has raised an undisclosed amount of funding in Series A round led by JM Financial Products Ltd., a subsidiary of JM Financial Ltd. The...
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DriversKart Acquires On Demand Chauffeur Aggregator Driven
Chennai-based DriversKart has acquired an on-demand chauffeur aggregator startup Driven, in an equity and cash deal. Where on one side consumers are using cab services, carpooling and public transport...
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Data Analytics Company Fractal Analytics Raises $100 Mn From Malaysian Wealth...
Data analytics company Fractal Analytics has raised $100 Mn (INR 667 Cr) from Malaysian sovereign wealth fund Khazanah Nasional Berhad. This has valued the company at close to $300 Mn (INR 2,000 Cr)....
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Zenify Raises $900K In Pre-Series A Funding From HNIs
Bangalore-based home aggregator and rental management startup Zenify has raised $900K in Pre-Series A round of funding from High Networth Individuals (HNI). Zenify was founded in 2012 by three IIT...
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Startups! Here Is Your Chance To Raise Funding At The Next TiE The Knot Event
The Indus Entrepreneurs (TiE), a global network of entrepreneurs established to foster the essence of entrepreneurship, has announced the fifth edition of ‘TiE the Knot’. ‘TiE the knot’ is the live...
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Applyifi Goes Global, Launches Operation in ASEAN Region
Gurgaon-based Applyifi, a private platform for startups and early-stage companies to raise funds, has launched its operations in the ASEAN region. The platform will now accept applications from...
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Rahul Yadav – The End of An Era That Never Began
The ‘bad boy’ of the Indian startup ecosystem got everyone excited when he posted the above Facebook status in early September 2015. It was being dubbed as “the return of Rahul Yadav”. He even made the...
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Traits Of A True Entrepreneur
It seems like every other person wants to be an entrepreneur these days. One is often fascinated by the remarkable success stories about passionate young startup entrepreneurs who started their own...
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Reliance Industries Launches Wallet App JioMoney
Mukesh Ambani owned, Reliance Jio Infocomm has launched its digital wallet JioMoney Wallet. The platform has reportedly signed up more than 50,000 online merchants for the wallet service. The app is...
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Snapdeal Sharpens Focus On FreeCharge; In Talks With Chinese Firms For Funding
In a bid to compete with Paytm, a mobile payment and commerce platform, Snapdeal is trying to raise funds for Freecharge at an undisclosed valuation. Snapdeal had acquired Freecharge in April last year...
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Indian SaaS Startup Freshdesk Enters The Gartner’s Magic Quadrant
A joint study by Google and Accel India, earlier this year, states that Indian SaaS companies are expected to reach the $10 Bn revenue mark in 2025. It also counted over 500 SaaS startups in India who...
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Unacademy Raises $500K In Funding To Change The Face Of Online Education In...
Aiming to be India’s Quora, Unacademy, an online platform for free education has raised $500,000 in its first round of external investment led by Blume Ventures and marquees angels such as Rajan...
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Capital Float Raises $25 Mn From New And Existing Investors
Bangalore-based online lending platform Capital Float has raised $25 Mn (INR 170 Cr) in a Series B round of funding led by US-based Creation Investments Capital Management. Its existing investors SAIF...
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IDG Ventures India Closes $150 Mn For Its Third India Fund
Bangalore-based venture capital fund IDG Ventures India has closed $150 Mn (INR 1000 Cr) India fund, reported ET. The venture capital firm expects to raise the entire money for its $200 Mn third fund...
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California Based Autodesk Launches Entrepreneur Impact Program In India
Autodesk, an American multinational software corporation is launching an ‘Entrepreneur Impact Program’ in India, for startups developing new solutions to cleantech, environmental or social challenges...
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Tokyo Based GREE Ventures Raises $37 Mn For Second Fund; Enters Indian Market
GREE Ventures, a Tokyo-based venture capital firm, has announced the first close of its new AT-II Investment Limited Partnership Fund (“AT-II”), launched in April this year. The fund has a committed...
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10 Rules Of Success By Paypal Founder Peter Thiel
Peter Thiel is an American entrepreneur, venture capitalist and hedge fund manager. He founded Paypal with Max Levchin and Elon Musk and served as its CEO. He also co-founded Palantir, of which he is...
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Life Circle Health Services Raises $150K From GROUPE SOS
Hyderabad-based home nursing and professional caregiving service provider Life Circle Health Services has raised $150K (INR 1 Cr) from Europe-based senior healthcare service provider for elderly,...
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