Weekly Funding Round: AutoGrid, Kissht, PharmEasy, AutoGrid & others raised funds

This week nearly 14 startups raised $95 Mn. This week nearly 14 startups hailing from different industry verticals raised nearly $95 Mn. By all means this was a decent week for Indian startups on the funding front. Let’s take a look at startups that managed to scoop up funds from investors as Techpluto rounds up its…

ByGirish ShettiSeptember 15, 20180Comments

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Vishal Gondal: GOQii is trying to bring Human touch in tech enabled Fitness world

Vishal Gonadal: GOQii is trying to close motivational gap in the tech-enabled Fitness world A boy at the tender age of 16 starts a gaming company and spearheads it for more than 13 years before selling it to Walt Disney. Vishal Gondal has indeed seen it all during his decade long stint with his first gaming startup.…

ByGirish ShettiSeptember 15, 20180Comments

News

Small Sellers demand CCI to keep Flipkart’s large Sellers at bay on Big Billion Day

A group of small online sellers have knocked on the doors of India’s competition watchdog to restrict large sellers from getting preferential treatment in Flipkart’s annual Big Billion Day (BBD) festival. The group, which is been represented by All India Online Vendors Association (AIOVA), has lodged its compliant in a written letter to the Competition…

ByGirish ShettiSeptember 14, 20180Comments

News

Fitness startup Curefit will launch quick service restaurants in Bengaluru

Fitness startup Curefit is all set to start a new vertical that will cater at satisfying hunger pangs with healthy dose of breakfast. The startup will unveil two quick service restaurants (QSR) in coming weeks in Bengaluru city. The distinctive feature of this QSR is that it will offer healthy breakfast for people who are…

ByGirish ShettiSeptember 11, 20180Comments

News

Zomato may bring China’s Ctrip on board to take on Swiggy

Zomato seems to be inching closer towards second fundraising round of this year. China’s online traveling behemoth Ctrip is reportedly planning to invest $100 Mn in the Gurgaon based foodtech startup. The total fundraising amount is touted to be around $400 Mn, with existing investor Ant Financial (owned by Alibaba) also likely to contribute to…

ByGirish ShettiSeptember 10, 20180Comments

News

Weekly funding recap: Udaan raises one of the biggest Funding round of this year

The startup ecosystem this week witnessed a very robust funding activities The funding galore seems to be back in the Indian startup ecosystem as this week scores of startups raised substantial funds. Although we are still not exactly back to those glory days, things seem to getting better for startup founders and co-founders. At least, the…

ByGirish ShettiSeptember 8, 20180Comments

News

Swiggy’s largest Investor Naspers is in talks to invest in HungerBox: Report

India’s foodtech sector is suddenly buzzing with so many activities that it appears that the entire industry is going through renaissance period. Now the latest buzz is that Naspers, which is the largest stake holder in Swiggy, is in discussion to invest in corporate catering startup HungerBox. People familiar with the matter are claiming that South…

ByGirish ShettiSeptember 7, 20180Comments

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Cisco funded CEM Startup CloudCherry raises $9 Mn in series A round

Chennai based Customer Experience Management (CEM) startup CloudCherry has raised $9 million or Rs 64.5 crores. This fundraising round led by Pelion Venture Partners is part of the series A funding that was raised almost two years back. According to reports, the round may see additional funds coming from company’s existing investors. Cisco funded CEM Startup…

ByGirish ShettiSeptember 6, 20180Comments

News

Zomato acquires catering aggregator TongueStun in $18 Mn deal: Report

Over the last few months the foodtech space has been buzzing with lot of activities. This is probably reflection of the favorable sentiments that the investment community attaches to the foodtech space; a space that is largely dominated by Zomato and Swiggy. On Tuesday, this promising and young sector witnessed yet another important activity, after Zomato…

ByGirish ShettiSeptember 5, 20180Comments

News

Swiggy may soon receive fat Cheque from Investors: Report

Chinese internet behemoth Tencent is teaming with other global investors to write a fat cheque for Swiggy, according to people familiar with the matter. This fat cheque may land the food delivery startup a handsome amount of $500-700 million at a valuation of around $2.5-3 billion. If reports are to be believed, Tencent has already started…

ByGirish ShettiSeptember 4, 20180Comments

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