Unacademy has acquired online medical education platform PrepLadder for $50 Mn. Unacademy’s co-founder-CEO Gaurav Munjal has also confirmed the news on his official Twitter account. Based in Chandigarh, PrepLadder helps students prepare for higher medical examinations. The startup is barely two year old and reportedly employs 150 employees.
PrepLadder has till date never raised an external…
India’s financial services and digital payment company, Paytm, has acquired insurance firm Raheja QBE. The company has said that the latest acquisition will help the company in expanding its financial services and further consolidating its position in the financial services market.
Much of the financial details of the acquisition deal have not been official disclosed. The…
U.S based ride hailing major Uber has pulled the shutters on its Mumbai office as part of its consolidation plan to close down 45 offices across the world. News network CNBC TV18 first reported the news. The company’s Mumbai office is reportedly located near the Kurla region, a bustling neighborhood in Eastern Mumbai.
Image Source: Flickr
Uber…
Contactless retail tech player Gobbly has scooped up $500,000 in a seed funding round. Sauce.vc, an early stage consumer focused VC firm, spearheaded the round. No other investor participated in the funding round.
Based in Gurugram, Gobbly is a mobile enabled contactless retail store that provides fresh produce of fruits and vegetables. The company claims that…
Bike sharing startup, Bounce, is all set to launch a new electric bike in the market as it looks to consolidate its presence in the re-furbished market. Bounce has already started accepting bookings for the bike but the delivery will only commence in December. Bounce’s co-founder Vivekananda Hallekere shared the photos and basic information about…
Zomato on Tuesday renamed its exclusive membership and subscription program Zomato Gold to Zomato Pro. However, the Gurugram headquartered company claimed that it has not merely changed the name but has also upgraded the program. The company said on its official blog that Zomato Pro will be bigger and better than Zomato Gold.
The company has…
Vernacular publishing platform Pratilipi has reported steepest rise in its monthly active readers, clocking more than 15 million readers or MAU (monthly active users) in the span of last five months. With this milestone, the Tencent backed company’s monthly active readers have now crossed over 20 Mn.
Pratilipi’s co-founder and CEO Ranjeet Pratap Singh first shared…
Financial service provider and digital payment platform, Paytm, has signed a new official deal in Noida to set up its biggest office campus till date. The company has taken up over 5.5 lakh square feet of space in 21st floor spread across two towers in Skymark (formerly known as Lotus Isle), located near Noida Expressway.
The…
Bengaluru based health startup SigTuple’s two co-founders, Rohit Kumar Pandey and Apurv Anand, have resigned from the company. Pandey and Anand along with Tathagato Rai Dastigar had founded SigTuple in 2015. Mr. Pandey has confirmed the news about his resignation to Techpluto.
“Yes, the news about my resignation is correct. I am in the transition phase…
Social media giant Facebook is reportedly planning to hire a team of tech investors that will eventually head soon to be launched multi-million dollar investment fund. This soon to be launched dedicated fund will reportedly help Facebook in investing in promising and bright tech startups.
The dedicated fund will be part of Facebook’s newly created ‘New…
