Dunzo gets second tranche in ongoing Series E funding round from Lightbox and Moving Capital

Hyperlocal startup Dunzo has received second tranche from existing investors Lightbox and Moving Capital in the on-going series E round that is nearly worth $28 Mn. While the existing investors Google and Lightstone have already pumped $15 Mn in the first tranche, in the second tranche Lightbox and Moving Capital have collectively infused nearly INR…

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TikTok Chinese Rival’s curious success in e-commerce – Top Trending news

Here are the top trending news from the world of technology   1 TikTok’s Chinese Rival’s curious success in e-commerce Image Credit: Flickr Block Inspect TikTok’s arch Chinese Rival, Kuaishou, has reportedly found unexpected success in its e-commerce business. Kuaishou, which competes with TikTok’s Chinese version Douyin, said that its online shopping orders have…

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Exclusive: Delhivery offers partial exit to its multiple existing investors amid IPO rumors

Gurugram based logistic company Delhivery has provided partial exit to its multiple existing investors. In a board meeting held last month, the unicorn logistic firm agreed to convert 6, 40,000 preference shares held by existing investors into equity shares, the regulatory filings showed. These fully diluted 6, 40,000 preference shares were allotted in a segregated manner…

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ShareChat Acquires Digital Content Startup HPF Films for undisclosed amount

Social media company ShareChat has acquired video production startup HPF films for an undisclosed amount. Incorporated in 2018, HPF is officially known as Heri Pheri Fillms and is based out of Bengaluru. Notably, the latest development comes barely three weeks after ShareChat had acquired hyper local information platform Circle Internet. Two back-to-back acquisitions clearly suggest that…

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