With eye on Cloud Kitchen Biz, FoodPanda acquires Holachef

After weeks of speculations, Ola owned FoodPanda has finally acquired Mumbai based Holachef for undisclosed amount. Speculations were already rife in the market that FoodPanda was aggressively pursuing the acquisition of Holachef, which had pulled down its shutter earlier this year. FoodPanda (India) CEO Pranay Jivrajka said that the latest acquisition will help the company in…

ByGirish ShettiOctober 16, 20180Comments

Acquisitions

Online Milk Delivery Startup Dailyninja buys WakeupBasket

Online milk and grocery startup Dailyninja is continuing with its aggressive growth strategy. The Bengaluru headquartered startup has now acquired WakeupBasket in a cash and equity deal. The exact valuation of the deal is still not known. Dailyninja’s latest acquisition has come closely on the heels of its recent acquisition of 4amShop. Earlier this year, it…

ByGirish ShettiOctober 16, 20180Comments

Not Just Startups

Now Face 5 Years in Prison For Spreading Fake News

#6 Now Face 5 Years in Prison for Spreading Fake News in Saudi Arabia After the death of Washington Post journalist, Jamal Khashoggi, Saudi Arabia has come under the international scrutiny. In response, it has issued severe warnings to those who spread fake news online. The punishment can range from 5 years in prison or…

ByTechPluto StaffOctober 15, 20180Comments

Acquisitions

Gaming company Nazara is planning for a major Acquisition spree in India & Africa: Report

Mumbai based mobile gaming company Nazara Technologies is planning for a major acquisition spree to buy promising companies across India and Africa, according to media reports. The gaming company is planning to buy at least four companies based in the domestic Indian market as well as in different African countries. Nazara’s decision to target African market…

ByGirish ShettiOctober 15, 20180Comments

Funding News

Weekly Funding: Week’s 5 Biggest Funding stories

This week turned out to be a somewhat lackluster week for startups on the funding front. The total fundraising amount that was raised this week was little less than $50 Mn. But keeping the bigger picture aside, we will follow with our recent trend of narrowing our focus on the 5 biggest funding stories of…

ByGirish ShettiOctober 13, 20180Comments

Funding News

Bookmybai Scoops up Pre-series A funding from Japanese investors

Bookmybai, which help households to hire maids through its online platform, has secured undisclosed amount in pre-series A funding round. The round was led by Japan based social venture fund Arun Seed, along with other Japanese angel investors. Identity of these angel investors has not been disclosed. Anupam Sinhal, Bookmybai’s co-founder, said that the company will…

ByGirish ShettiOctober 12, 20180Comments

News

IDG Ventures sharpens focus on Indian startups with a new name

IDG Ventures India, one of the formidable players in the early stage investment, has tweaked its brand name. The venture capital firm will be now known by a native Indian name ‘Chiratae Ventures.’ The rebranding is part of company’s strategy to move away from global ecosystem and sharpen its focus on Indian startups. Chiratae is a…

ByGirish ShettiOctober 10, 20180Comments

News

Swiggy to focus on Cloud Kitchen for faster delivery and growth

Swiggy has decided to aggressively pursue its cloud kitchen business model to enable faster delivery services for their customers. India’s leading food delivery startup had launched cloud kitchen model under the new vertical ‘Swiggy Access’ last year only for Bengaluru restaurants. Zomato’s rival now aims to bring onboard over 300 restaurants spread across different cities in the…

ByGirish ShettiSeptember 27, 20180Comments

News

Pinterest is eyeing India & SE Asia for expansion: Report

San Francisco based Pinterest, which allows web browsers to create virtual pinboards, is now eyeing India and South East Asian countries for international expansion. Currently, Pinterest boasts approximately 250 million monthly active users, but half of these active users come from outside the U.S. market. The huge international traction has forced the company to keep pushing…

ByGirish ShettiSeptember 26, 20180Comments

Funding News

Weekly Funding Round: ShareChat, Ola, LivSpace & others raised more than $200 Mn

This week Indian startups managed to raise more than $200 Mn This week the Indian startup ecosystem witnessed investment of more than $200 Mn, making it one of the best weeks for the Indian startups. Here is a quick recap of some of the top startups that managed to raise funds as Techpluto brings you…

ByGirish ShettiSeptember 22, 20180Comments

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