Nandan Nilekani backed ShopX raises fresh funds

E-commerce technology platform ShopX has secured a funding of INR 10.68 crore from clutch of independent investors. Three investors along with Fung Capital’s MD, his wife and former chairman of Crompton Greaves spearheaded the funding round. Team of Bengaluru based B2B e-commerce company ShopX Following the fresh fund infusion, the Bengaluru headquartered startup has issued total…

ByGirish ShettiApril 29, 20200Comments

Not Just Startups

Uber’s CTO Stepping down Strokes Layoff Rumors – Top Trending News

Here are the top five trending news from the world of technology 1 Uber’s CTO stepping down strokes layoff rumors Uber’s CTO, Thuan Pham, is all set to step down, according to company’s latest filing with the SEC. Being among one of the longest serving top executives, Pham’s departure is been seen as…

ByGirish ShettiApril 29, 20200Comments

Funding News

Amid Lockdown, Flipkart receives internal funding of $62 Mn

E commerce major Flipkart has received internal fund infusion of $62 Mn from its parent company Flipkart Pvt. Ltd. Following this fresh fund infusion, Flipkart’s internal funding via its parent company has now reached almost $2 Bn. E-commerce major Flipkart has received internal funding of $62 Mn. As part of the same round, PhonePe also received $28…

ByGirish ShettiApril 28, 20200Comments

Not Just Startups

Microsoft gets high on Coca Cola – Top Trending News

Here are the top 5 trending news from the world of technology...have a look. 1 Microsoft gets high on Coca Cola Of course, Coca Cola doesn’t get you high at all but we really aren’t sorry for this spicy headline. To put things in bit perspective here, Microsoft has landed a big five…

ByGirish ShettiApril 28, 20200Comments

Funding News

Paytm Knocks on Microsoft to raise funds

Paytm is holding talks with U.S. based tech giant Microsoft to raise nearly $100 Mn (nearly INR 760 crore) as increasing competition from Google Pay and PhonePe forces the company to pull up its socks. According to Economic Times, which cited unidentified sources, Paytm had started talks with Microsoft last year. Paytm’s CEO and founder Vijay…

ByGirish ShettiApril 27, 20200Comments

Not Just Startups

Facebook Challenges Zoom with Messenger Rooms – Top Trending News

1 Facebook Challenges Zoom with Messenger Rooms Image courtesy: The Verge In the wake of exponential demand for video conferencing apps during the ongoing pandemic lockdown, Facebook on Friday launched a video conferencing tool and also expanded its live streaming features. With this, Facebook has now become the most high profile challenger to Zoom…

ByGirish ShettiApril 27, 20200Comments

News

Covid-19 bites Udaan, furloughs 1000 contract staff

The impact of coronavirus is already been felt across the entire Indian startup ecosystem. From bootstrapped startups to deep pocketed unicorn startups, the industry is resorting to mass lay-offs to help them cope with tough times. Now joining this long drawn list is B2B e-commerce startup Udaan. Udaan has furloughed nearly 1000 contract staff due to…

ByGirish ShettiApril 25, 20200Comments

News

Exclusive: Mswipe denies reports of fund crunch; Claims Company has enough funds

B2b Fintech startup Mswipe has categorically denied reports that it is facing any fund crunch and is desperately looking for getting acquired. Earlier today, a leading media portal had reported that Mswipe is running out of funds and is in talks with companies like Paytm and Bharatpe for a sellout. The news portal cited the…

ByGirish ShettiApril 24, 20200Comments

Featured Startups

GrayCell Technologies: A Digital Solution Company that is never Satisfied with the Ordinary

GrayCell Technologies was founded in the year 2004 when the word ‘digital’ was still largely unheard. Today, of course, the word digital is one of the buzz words that aptly sum up the miraculous technological transformation of the 21st-century world. GrayCell Technologies has played a modest yet important role in anchoring this transformative revolution. GrayCell Technologies is…

ByAnkit KumarApril 23, 20200Comments

Funding News

Edtech firm Vedantu bags $7 Mn in Fresh Funding

Edtech startup Vedantu has raised $7 Mn in the ongoing Series C2 round, according to company’s latest regulatory filings. The South Korean Investment firm KB Global spearheaded the latest round. No other investors reportedly participated in the round. Edtech startup Vedantu secures $7.2 Mn in ongoing series C2 round Previous to this round, the Bengaluru based startup…

ByGirish ShettiApril 23, 20200Comments

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