Manny Pacquiao Launching Cryptocurrency – Top Trending Stories

Here are today’s Top 5 News & Events from Around the World. Take a look! #5 Manny Pacquiao Launching Cryptocurrency, Will It Succeed? Digital currencies, it seems, are no longer in the control of the governments. Just about anyone can now launch their own version of digital currencies such as bitcoin. The boxing sensation,…

ByTechPluto StaffSeptember 2, 20190Comments

Funding News

Weekly Funding: Cred, Vedantu, Chargebee and others Raised Funds

The economic slowdown may have become an official news now but its effect is still nowhere visible on the Indian startup ecosystem. This was proven beyond doubt as Indian startups had yet another decent run on the fundraising front. It is to be seen for how long India’s startup industry will continue to defy the…

ByGirish ShettiAugust 31, 20190Comments

Funding News

Flipkart closing on $40 Mn investment in logistic startup Shadowfax: Report

India’s home grown e-commerce giant Flipkart is closing on $40 Mn investment in the logistic startup Shadowfax, according to people privy with the matter. The deal will most probably propel the Bengaluru based logistic startup’s market valuation to nearly $200 Mn. Shadowfax co-founders (Left Mr Vaibhav Khandelwal Right Mr.Abhishek Bansal) According to the sources, Flipkart has already…

ByGirish ShettiAugust 30, 20190Comments

Funding News

Chargebee Secures $14 Mn from Steadview Capital & Existing Investors

Subscription management platform Chargebee has secured the first funding of this year. It has raised $14 Mn (INR 100.5 Cr) in series D round that was led by Steadview Capital. Existing investors Insight Venture Partners and Accel Partners also poured capital in the round. Chargebee raises $14 Mn in series D round Following the latest round, the…

ByGirish ShettiAugust 29, 20190Comments

Funding News

RentMojo Receives Fresh Funds from Samsung & Mitsui Sumitomo: Report

RentMojo, a digital platform that offers furniture & consumer durable products on lease, has found a high profile backer in the form of Samsung and Mitsui Sumitomo. According to media reports, Samsung’s investment vehicle Samsung Venture Investments Corporation (SVIC) and Mitsui Sumitomo will be pumping close to INR 27.74 Cr in RentMojo. Geetansh Bamania, co-founder &…

ByGirish ShettiAugust 28, 20190Comments

KFC people in ques to buy plant-based chicken

Not Just Startups

KFC’s Plant-Based Chicken A Success? – Top Trending Stories

Here are today’s Top 5 News & Events from Around the World. Take a look! #5 KFC's Plant-Based Chicken A Success? Image Credits: AP Amis KFC has sold out its plant-based chicken in just 5 mins of its launch. It seems the results suggest that people are liking the concept of beyond meat. Plant-based meat isn't…

ByTechPluto StaffAugust 28, 20190Comments

Funding News

Rapido Raises Fresh Funds Amid Regulatory Problems

Bike rental startup Rapido has raised $55 Mn (nearly INR 391 Cr) in a series B round. Investment firm Westbridge capital spearheaded the round while Nexus Venture Partners, Integrated Capital, Bace Funds and Astrend India Investment Limited along with clutch of independent investors also contributed to the funding round. Bike Rental Startup Rapido scoops up $55…

ByGirish ShettiAugust 27, 20190Comments

Funding News

Kunal Shah’s Cred Raises $120 Mn at Eye-popping Valuation of $ 450 Mn

Kunal Shah’s Cred has raised $120 million (nearly Rs 861.39 crores) in its ongoing series B round. Kunal Shah has confirmed the news to the media but refused to divulge any financial details about the deal. kunal Shah - Founder & CEO of Cred According to Cred’s latest regulatory filings, existing investors Ribbit Capital, Gemini Investments and…

ByGirish ShettiAugust 27, 20190Comments

Funding News

Weekly Funding: Future Coupons, Zendrive, Zenoti and others raised funds

Defying all the talks about economic slowdown and liquidity crunch, this week Indian startups had a pretty decent run on the fundraising front. The funding environment may further improve in the coming weeks following Finance Minster Nirmala Sitharaman’s announcement on Friday that the controversial Angel Tax will be removed. Here are the top 10 funding…

ByGirish ShettiAugust 24, 20190Comments

Acquisitions

Amazon all set to Acquire 49% stake in Kishore Biyani’s Future Coupons

E-commerce giant Amazon has taken yet another monumental decision in a bid to consolidate its position in the Indian market. The E-commerce behemoth is all set to acquire 49% stake in Kishore Biyani’s Future Coupons. The move assumes huge importance given that Future Coupons is a promoter entity of Future Retail, which operates India’s second-largest…

ByGirish ShettiAugust 23, 20190Comments

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