Spicejet’s Chief Ajay Singh may invest in Silicon Valley based startups: Sources

Spicejet’s chairman Ajay Singh is reportedly holding discussions with an American venture capital firm for investing in Silicon Valley based startups. The VC firm has been identified as JetBlue Technology Ventures - the venture capital arm of U.S. based low cost carrier JetBlue Airways. According to sources, Singh is interested in startups that could contribute to…

ByGirish ShettiAugust 24, 20180Comments

News

eBay is Staging a Comeback in India with Export Business: Report

It seems that Ebay Inc has no plans to give up on India. The American e-commerce giant, which ended its strategic partnership with Flipkart following the Walmart deal, is all set to play its second inning in India. According to reports, Ebay is planning to start an export business for Indian sellers. It may look to…

ByGirish ShettiAugust 23, 20180Comments

News

Car & bike sharing startup Quick Ride in talks to raise funds

Bootstrapped car & bike sharing startup Quick Ride is in discussion to raise its first-ever external funding. Sources close to the matter claimed that the startup is in discussion with Sequoia Capital to raise $4 million. Both Sequoia Capital and Quick Ride have so far declined to comment on the fundraising report. Car & bike sharing startup…

ByGirish ShettiAugust 23, 20180Comments

News

UPI Payment app Google Tez is likely to be renamed as Google Pay: Sources

Google Tez, one of the top three UPI payment players in India, is soon likely to get a new name. Top sources have hinted a leading business publication that Google Inc. has decided to merge Google Tez with its global payment services Google Pay. Google Pay was created earlier this year after unifying together old…

ByGirish ShettiAugust 23, 20180Comments

Funding News News

Jaipur based Recommerce startup InstaCash receives undisclosed funding

Recommerce startup InstaCash has secured undisclosed funding from Singapore headquartered recommerce company CompAsia. CompAsia sells quality refurbished smartphones and tablets in Singapore and other Asian countries. InstaCash will use the funds to consolidate its presence in India and lucrative foreign markets such as Southeast Asia and East Asia. The Jaipur based company enables consumers to sell…

ByGirish ShettiAugust 22, 20180Comments

Funding News News

Delhi based Food Startup Sattviko raises Undisclosed funding from angel investors

Delhi based Healthy and hygienic food startup Sattviko has raised undisclosed amount from clutch of individual investors. The investment round was led by Ashish Gupta, founder of well-known venture capital firm Helion Venture. The round also saw participation by Sunil Chandiramani and others senior private equity professionals. Sattviko, inspired from the word sattvik (pure food), was…

ByGirish ShettiAugust 22, 20180Comments

Startup Review

Almora: This Blockchain startup aims to become a leading Crypto Investment Bank

Almora In a glance Headquarters: Gurugram Founder: Vajahaath Hussain Funds raised: Bootstrapped Vajahaath Hussain, founder & CEO of Almora Almora is a brainchild of Vajahaath Hussain, a young budding entrepreneur whose restless entrepreneurial spirit is certainly symbolic of India’s modern economic aspirations. By the way, Hussain’s voyage into the blockchain world is not his first entrepreneurial mission. He has already…

ByGirish ShettiAugust 22, 20180Comments

Funding News News

Solar energy startup Cygni Energy raises $6.4 Mn through debt & equity funding

Solar energy startup Cygni Energy has successfully raised $6.4 million as the company looks to cater the increasing demand for solar energy across the country. The company raised the funds via combination of equity funding and debt. The equity funding was spearheaded by early-stage venture capital firm Endiya Partners, while the debt funding was done…

ByGirish ShettiAugust 21, 20180Comments

News

Capital Float buys Personal Finance startup Walnut for $30 Mn

Fintech startup Capital Float has acquired personal finance management firm Walnut for $30 Mn. The deal marks Capital Float’s first ever acquisition, which comes on the back of its recent foray into the consumer financing space. On the outset, the acquisition seems to have been done to consolidate Amazon and Sequoia backed company’s newly launched…

ByGirish ShettiAugust 21, 20180Comments

Funding News News

Women Travel Startup WoVoyage receives funding from Singapore based investors

Like everything else, even traveling and recreation is heavily tilted towards men. In order to break this ruthless domination, a unique startup like WoVoyage was founded by Rashmi Chadha in 2016. WoVoyage is a travel startup dedicated to only women. This unique travel startup on Monday raised undisclosed amount from two angel investors based in…

ByGirish ShettiAugust 20, 20180Comments

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