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Cloud Platform Nutanix Acquires Calm.io and PernixData
Cloud platform Nutanix has closed the acquisition of Calm.io, an innovator in DevOps automation. It has also executed a definitive agreement to acquire US-based PernixData, a scale-out data...
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Paytm Prepares For A Big Leap; In Talks To Raise $300 Mn From Goldman Sachs,...
One97 Communications which runs Paytm, is in advanced talks to raise fresh funding of about $300 Mn (INR 2000 Cr) from Taiwanese semiconductor maker MediaTek, Goldman Sachs, Singapore’s Temasek and...
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EdTech Startup iAugmentor Secures Seed Funding
Edtech company iAugmentor Labs Pvt. Ltd has raised $149K (INR 1Cr) in seed funding from Rajasthan Angel Investor Network (RAIN) and other undisclosed investors. The funding will be used to introduce...
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With Fresh $15 Mn In Pocket LivSpace Aims To Be One Stop Shop For Home Decor...
Bengaluru-based online home decor portal Livspace has raised about $15 Mn (INR 100 Cr) in its third funding round led by existing investors Bessemer Venture Partners. Singapore-based Jungle Ventures...
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Ratan Tata, Vijay Kelkar & Nandan Nilekani To Open New Lending Avenues For...
Tata Trust’s Chairman Emeritus Ratan Tata, former finance secretary Vijay Kelkar, and Infosys co-founder Nandan Nilekani have joined hands to launch a microfinance company, Avanti Finance. According to...
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Another Consolidation In On-Demand Home Services Space: SBricks Acquires...
Hyderabad-based hybrid on-demand home cleaning & laundry startup SBricks has acquired home services aggregator HomeCues. The deal has been inked for $1 Mn. Post-acquisition, both companies will...
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After A Bumpy Three Years, Uber Continues To Drive Across India
The Indian cab aggregator industry has been the talk of the town. It has almost brought about a cultural change in the travelling habits of a nation which lists online taxi hailing platform Ola as one...
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Exclusive: Myntra Co-Founders And Others Back AgriTech Startup DayBox
Delhi-based AgriTech startup DayBox has raised $104K (INR 70 Lakh) from Ashutosh Lawania (co-founder, Myntra); Rajul Jain (SVP Supply Chain, Myntra and co-founder, Yebhi.com); Badal Malick (ex-VP...
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20+ Months, 20+ Innovations, 20% M-o-M Growth: How Jugnoo Is Killing It In...
When Samar Singla and Chinmay Agarwal started Jugnoo in 2014, they were clueless about the impact they were about to make on the daily lives of people. While initially, the duo launched an autorickshaw...
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Online Food Service Platform Foodpanda In Search Of Funding, Plans To Sustain...
Online food ordering marketplace Foodpanda is reportedly in the process of raising fresh capital. The company mandated Mumbai-based mid-market investment bank o3 Capital for a $40-60 Mn fund-raise as...
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With 100 Speakers, 100 Startup Pitches; August Startup Fest 2016 Heads To...
The August Fest, a festival-cum-conference for startups in Asia will host its fourth edition in Hyderabad. The startup celebrates arts and entrepreneurship in Asia. The festival will house more than...
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Prime Focus Technologies Secures $20 Mn Investment From Ambit Pragma
Prime Focus Technologies (PFT), the technology subsidiary of the media company, Prime Focus, has secured $20 Mn (INR 1.3 Bn) in the first round of funding from Ambit Pragma, a growth capital private...
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BITS Pilani’s Startup Concalve ‘Conquest’ Ends; Project Mudra Declared As Winner
The Grand Finale of Conquest 2016, BITS Pilani’s international startup challenge, concluded in Delhi on August 27, 2016. R Chandrasekhar, President, NASSCOM was the chief guest for the event. The...
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Online Photography Startup Canvera Secures $3 Mn Funding From Info Edge, Others
Bengaluru-based online photography startup, Canvera Digital Technologies, has raised $3 Mn (INR 20 Cr) in a new funding round. Info Edge (India) Ltd led the round, pouring in $2.3 Mn funds while the...
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IDG Ventures, Sequoia, Others Invest $5.3 Mn In Fashion Rental Startup Flyrobe
Mumbai-based online fashion rental platform, Flyrobe, has secured $5.3 Mn in a Series A funding round. The round was led by IDG Ventures India with participation from Sequoia Capital India Advisors and...
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Consumer Is King, Can’t Stop Discounts Offered By Uber And Ola: Delhi HC
The Delhi High Court announced that it cannot stop app-based cab aggregators from giving discounts to the consumers during the recent proceeding of a case. The application was filed by the taxi...
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Flipkart Apologises To Gorkha Community Over Racist Ad
Flipkart has apologised to the Gorkha community for hurting their sentiments in its recently launched ad for Flipkart Assured. This came after the members of the Gorkha community filed a petition...
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AskMe Versus Astro Clash Escalates: Vendors Approach Economic Offences Wing;...
With Getit Infoservices-owned AskMe finally pulling its shutters down, enraged vendors have approached the Economic Offences Wing to register a case against the company. Allegedly, the company is...
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Amazon India Antes Up To Attract Customers; Launches ‘Used Books’ Store
In an attempt to capture market share, Online shopping platform Amazon India today launched a ‘Used Books’ store category. The online store claims to have over 1,00,000 offers across genres such as...
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Inclov, Matchmaking App For Differently Abled, Raises Seed Funding
Inclov, a matchmaking app for the differently-abled, has raised an undisclosed amount of funding from Sarbvir Singh, former MD of Capital 18, Raghav Bahl of digital news venture Quintillion Media Pvt....
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