Weekly Funding Review: Healthcare Startups Grab Most Funds

Healthcare startups grabbed most amount of funds. It is no more raining funds for Indian startups. Since the mid-2015, funds have been hard to come by for most startup companies. Nonetheless, every week many promising startups still manage to win the faith of investors and this week was no different. What was special about this week…

ByGirish ShettiSeptember 2, 20170Comments

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Nexus-backed logistics startup GoPigeon Acquired by SaaS Firm Narvar

GoPigeon acquired by SaaS startup Narvar. A silicon valley based Saas startup Narvar Inc has acquired the Bengaluru headquartered logistic startup GoPigeon for an undisclosed amount. GoPigeon’s largest investor Nexus Venture Partners will become a shareholder in Narvar Inc following this deal. Additionally, GoPigeon’s top management including CEO Deovrat Singh and the entire engineering team will…

ByGirish ShettiAugust 31, 20170Comments

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Fintech startup Lendingkart Hires Mukesh Singh as new CTO

Lendingkart hires Mukesh Singh as new CTO. Fintech startup Lendingkart has hired Mukesh Singh as its new CTO (Chief Technology Officer), according to statement issued by the company. An alumnus from Indian Institute of Management (IIM) Bengaluru, Singh previously worked in SaaS startup SirionLabs and had a brief stint in Bitzer Mobile ( later acquired by…

ByGirish ShettiAugust 30, 20170Comments

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Tiger Global Mulling $15-million Investment in News Media Startup Inshorts

Tiger Global Management planning to invest in Inshorts. New York based VC giant Tiger Global Management is in advanced talks to lead a $10-15-million of funding in its portfolio company Inshorts, according to two people familiar with the matter. Inshorts is a news media startup that offers quick and rapid news to smartphone millennials, bringing all…

ByGirish ShettiAugust 25, 20170Comments

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Software development community Indiez Rakes up Seed Funding from Private Investors: Report

Indiez raises $500,000 in seed funding. Bengaluru and San Francisco based software development community Indiez has raked up $500,000 (around Rs 3.2 crore) in seed funding round from Haresh Chawla, partner in venture capital firm True North (formerly known as India Value Fund). Another unnamed angel investor also participated in the seed funding round. The founders have…

ByGirish ShettiAugust 24, 20170Comments

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Paytm Mall to Invest $35 mn to Consolidate Logistics Network

Paytm Mall, the e-commerce arm of Paytm, is all set to invest $35 million or 225 crore in its logistics network. The investment would help the e-commerce company to speed-up the delivery services, with the company planning to offer same day and next day deliveries to its customers. The important announcement comes just ahead of…

ByGirish ShettiAugust 22, 20170Comments

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