Girish Shetti

A writer with a passion for tech, marketing, and sports, he delivers captivating articles for the tech enthusiasts. Girish’s expertise in technology and startup analysis brings insightful content and the latest trends to our readers. He loves being the ‘first’ to know(and write) all that’s happening in the world of Tech and startups.

2,213 articles published

Funding News

BluSmart raises $7 Mn, Initiates ESOP scheme worth 22 Lac

Electric ride hailing platform BluSmart announced on Monday that it has raised $7Mn or 51 crores in Pre-series A funding round. The round saw participation of multiple investors including Inflection Point Ventures, Chhattisgarh Investment limited, Lets Ventures, Uday Venture and JITO Angels. The company has already received approximately INR 8 crores in the first tranche, ROC…

ByGirish ShettiSeptember 7, 20200Comments

News

Will the PSL tag help startups win over Bank loans

Last month, Reserve Bank of India took an unprecedented decision by including startups under priority sector lending category (PSL). The decision, which was unanimously hailed by the startup community, was aimed at increasing the credit penetration in the cash-starved startup industry. Last week, India’s central bank issued fresh guidelines with regards to PSL, requesting banks…

ByGirish ShettiSeptember 7, 20200Comments

Funding News

Vernacular Gaming Platform Winzo tops up $18Mn in Series B round

Vernacular Gaming Platform Winzo has nabbed $18Mn in series B round led by Singapore based Makers Fund and Courtside Ventures. Existing investors Kalaari Capital and Bellerive Capital also invested in the round. Alongside, several individual investors have equally participated in this round. According to reports, this is Makers Fund and Courtside Ventures’ first investment in…

ByGirish ShettiSeptember 4, 20200Comments

Funding News

Exclusive: Sequoia backed Finova Capital raises INR 15 Crore Debt from Bank of Baroda

NBFC and Fintech startup Finova Capital, which offers loans to MSME and small enterprises, has raised 15 crore debt from Bank of Baroda (BOB). The fresh debt funding has come after it raised $15 Mn in series B equity funding round in March this year. According to the regulatory filings, Finova Capital has issued 150 non-convertible…

ByGirish ShettiSeptember 4, 20200Comments

Funding News

Unacademy enters Unicorn Club with SoftBank leading Series F round worth $150 Mn

Unacademy’s market valuation has more than doubled to reach $1.45 Bn in its latest series F round that has been spearheaded by Japanese tech giant SoftBank. As per the report, existing investors Facebook, Sequoia Capital, Nexus Venture Partners and Blume Ventures have also participated in the round. This is SoftBank’s first major investment in India…

ByGirish ShettiSeptember 2, 20200Comments

News

Chinese App Snack Video crosses 100 Mn download on Google Play Store

Chinese short video sharing app Snack Video has now crossed 100 Mn download mark on Google play store, virtually becoming the no 1 short video sharing app of India. This despite all the hype around the made in India apps that are today trying very hard to capture the Indian market by riding high on…

ByGirish ShettiSeptember 1, 20200Comments

Funding News

Exclusive: Healthcare startup Qure.Ai closes its $16 Mn funding round

Radiology AI startup Qure.Ai has closed its $16 Mn funding round that was initiated in February this year. In the latest tranche the Mumbai headquartered startup has secured $3Mn funding, topping up from 13 Mn it raised in February from Sequoia Capital, MassMutual Ventures SouthEast Asia and Redwood Trust. These investors pumped $12 Mn while…

ByGirish ShettiSeptember 1, 20200Comments

News

CBDT ask Banks to Refund MDR Charges Imposed on UPI & RuPay Transactions in 2020

CBDT or Income Tax Department on Sunday issued a circular notifying that some banks have been found charging MGR tax from merchants for payments made via UPI. CBDT stated in the circular that it has received complaints that banks are imposing MGR tax on merchants after allowing certain number of free transactions. It has castigated the…

ByGirish ShettiAugust 30, 20200Comments

photo of India's richest man Mukesh Ambani

Acquisitions News

Mukesh Ambani is new king of India’s Retail biz, Acquires Future Group

After taking India’s telecom sector by storm, Mukesh Ambani is now ready to extend his domination in India’s retail sector. This after Reliance Retail Ventures Limited (RRVL) announced on Saturday – a subsidiary company of Reliance Industries – that it has acquired almost all businesses of Future Group for consideration of Rs 24,713 crore. These…

ByGirish ShettiAugust 30, 20200Comments

News

Exclusive: Unacademy Expands ESOP pool, allots 11,973 fresh shares to Employees

Edutech startup Unacademy has recognized and rewarded its employees by topping up 11,973 options to its existing employee stock options (ESOPs). According to the new regulatory filings, the company passed a special resolution to amend its existing ESOP policy to increase its existing pool from 53,044 to 65,017 options. Logo of edutech major Unacademy This is the…

ByGirish ShettiAugust 29, 20200Comments

Girish Shetti

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