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Bicycle sharing startup Mobycy may soon raise $3 Mn. India’s home grown bicycle sharing startup Mobycy is reportedly in discussion with several venture capital (VC) firms to raise nearly $3 Mn.…

ByGirish Shetti 0Comments

12

Jul 2018

News

Ola starts making Profit on each ride, aims to become profitable in 2018

Ola aims to become profitable by end of 2018. Ola has probably dropped off biggest ever hint that it may soon achieve the elusive milestone of becoming a profitable company. India’s…

ByGirish Shetti 0Comments

12

Jul 2018

News

Chinese Bicycle sharing startup Ofo shuts down India Operations

Chinese Bicycle sharing startup exits from Indian market. Chinese bicycle sharing startup Ofo has decided to wind up its Indian operations as part of the firm’s new global strategy. The unexpected…

ByGirish Shetti 0Comments

11

Jul 2018

Finance

Fintech is Reshaping the Financial Services Industry

Source: Pexels Fintech is the buzzword of the new millennium. Described as the tech industry’s next big frontier, fintech is a portmanteau word that combines finance and technology. Essentially, it is…

ByPrashant Sharma 0Comments

11

Jul 2018

News

World’s first Blockchain Phone by HTC may arrive later this year

HTC's Blockchain phone Exodus may arrive later this year. Embattled smartphone maker HTC Corp has finally confirmed that it is on the brink of developing the world’s first blockchain phone ‘Exodus.’…

ByGirish Shetti 0Comments

11

Jul 2018

News

OYO Rooms makes second acquisition, acquires IOT startup AbePlus

OYO ROOMS acquires acquires IOT startup AbePlus. Budget hospitality startup OYO Rooms has made its second acquisition after it acquired AbePlus, an Internet of Things (IOT) startup headquartered in Mumbai. However,…

ByGirish Shetti 0Comments

10

Jul 2018

News

India focused Chinese VC fund Ganesh Ventures to foray into Indian market

India focused Chinese venture capital fund Ganesh Ventures has decided to make an aggressive foray into Indian startup ecosystem. Ganesh Ventures is backed by eWTP Ecosystem Fund and also Lion…

ByGirish Shetti 0Comments

09

Jul 2018

News

Online Loan Marketplace IndiaLends raises $10 Mn in Series B round

IndiaLends raises $10 million in series B round. Fintech industry seems to have become the new darling of investors as this new age sector continues to attract big moolah from the…

ByGirish Shetti 0Comments

07

Jul 2018

Funding News News

Weekly funding roundup: LoanTap, HungerBox, Scale Labs, Leena AI & others raised $32.35 Mn

This week 10 startups secured $32.35 from investors. This week 10 startups managed to scoop funding of worth $32.35, signifying relatively low funding volume. This week’s low funding activity is yet…

ByGirish Shetti 0Comments

06

Jul 2018

News

Food Tech startup HungerBox raises $4.5 Mn in Series A round

Food Tech startup HungerBox secures $4.5 Mn in Series A round Food and beverage tech startup HungerBox on Thursday announced that it has secured fresh funds in a Series A round.…

ByGirish Shetti 0Comments

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