1. Articles from VCCircle

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    1. Cardekho president Umang Kumar on macroeconomic challenges, competition and more

      Cardekho president Umang Kumar on macroeconomic challenges, competition and more

      Cardekho is making all the right moves to stay at the top in the auto-tech domain. The company has made acquisitions to enhance online and offline customer experience and has been maintaining a laser-sharp focus on strengthening its association with the dealers as well. The company was hit by macroeconomic upheavals of demonetisation and GST but it weathered the challenges. Cardekho President Umang Kumar speaks about his business and challenges in the auto-tech sector. Like this video?

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    2. Exclusive: PropTiger CEO backs Makaan co-founder’s venture The Office Pass

      Exclusive: PropTiger CEO backs Makaan co-founder’s venture The Office Pass

      Gurgaon-based Top Technologies Pvt. Ltd, which runs co-working platform The Office Pass, has raised an undisclosed sum as a top-up to its earlier seed funding round, a top company executive told VCCircle. The current round was led by Dhruv Agarwala, the chief executive and founder of online property broker PropTiger, with participation from other individual investors.

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    3. SpoonJoy co-founders’ SaaS startup Hevo Data raises seed round

      SpoonJoy co-founders’ SaaS startup Hevo Data raises seed round

      Hevo Data, Inc., a data integration platform launched by the co-founders of online meal delivery startup SpoonJoy, has raised $1 million (Rs 6.5 crore) in seed funding led by IDG Ventures India, a press statement said. A cloud-based software-as-a-service startup, Hevo leverages machine learning to understand the source schema for various data sources such as databases, cloud applications, and sensor data.

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    4. VCC Startups weekly wrap: Ebix buys Via; Paytm Payments Bank, Zoomcar make key hires

      VCC Startups weekly wrap: Ebix buys Via; Paytm Payments Bank, Zoomcar make key hires

      People movement was the highlight of the week gone by, with Paytm Payments Bank and self-drive car rental startup Zoomcar hiring C-suite executives. However, the Indian arm of co-working startup and decacorn WeWork lost one of its top guns, as did e-tailer Snapdeal. In another big development, US-based software firm Ebix Inc, the parent of ItzCash Card Ltd, acquired online-offline travel agency Via.com.

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    5. Exclusive: BCCL to back food-tech firm FreshMenu

      Exclusive: BCCL to back food-tech firm FreshMenu

      Bengaluru-based food-tech startup Foodvista India Pvt. Ltd, which saw its revenue double in 2016-17 from the previous fiscal year, has found a new backer in media conglomerate Bennett, Coleman and Company Ltd (BCCL). The startup, which operates online food delivery platform FreshMenu, has more than doubled its revenue from Rs 31.7 crore in 2015-16 to Rs 70.9 crore in 2016-17.

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    6. VR-driven spiritual startup Kalpnik Technologies raises seed round

      VR-driven spiritual startup Kalpnik Technologies raises seed round

      Kalpnik Technologies, which runs a virtual reality-driven spiritual startup, has raised $500,000 (Rs 3.32 crore) in a seed round from a group of angels at funding and incubation platform Venture Catalysts, it said in a statement. The investment was led by Ashwani Kakkar of Mercury Travels and Via.com; GG Gulati, chairman of United Group of Institutions; Bobby Reddy of Indus Homes; Tinku Acharya, co-architect – Webcam and managing director – Videonetics; Raja Sahi of Pixelogic Media; Anand Ladsariya, owner of Everest Flavours; and Nitesh Prakash of Ola, among others. Following the investment, Vansh Gulati of United Group […]

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    7. Fantasy sports platform HalaPlay raises funds from Kae Capital, Nazara

      Fantasy sports platform HalaPlay raises funds from Kae Capital, Nazara

      Mumbai-based fantasy sports platform HalaPlay has raised an undisclosed amount from early-stage investment firm Kae Capital Management Pvt. Ltd and mobile game developer Nazara Technologies Pvt. Ltd. HalaPlay is a web- and mobile-based fantasy sports platform, wherein players can create teams, enter leagues and win cash prizes. It allows sports enthusiasts to play cash-based games, such as cricket, football and kabaddi, across different formats.

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    8. Exclusive: Ed-tech startup Vagupu raises $1 mn seed funding

      Exclusive: Ed-tech startup Vagupu raises $1 mn seed funding

      San Jose, California- and Bangalore-based ed-tech startup Vagupu, Inc. has raised $1 million (Rs 6.5 crore) in seed funding from a group of investors in the US, a senior company executive told VCCircle. The startup, however, didn’t disclose the identity of the investors. It will use the funds for marketing and expansion of its development team. Vagupu was founded in August 2015 by Wharton graduates Natraj Thuduppathy and Melo Rajakumar.

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    9. Info Edge ups stake in Meritnation with $5.87 mn top-up

      Info Edge ups stake in Meritnation with $5.87 mn top-up

      Info Edge India Ltd, which owns job portal Naukri.com, has invested Rs 37.93 crore ($5.87 million) in a fresh round into Meritnation, its ed-tech portfolio company. In a regulatory filing, Info Edge said the new round of funding will increase its stake in the company to 65.67%. With the recent transaction, its total exposure in Meritnation stood at Rs 154.6 crore. The Delhi-based ed-tech company will use Rs 32.19 crore to repay its existing debt, and use the rest to expand operations.

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    10. Fund crunch pulls down growth in number of new tech startups: Nasscom

      Fund crunch pulls down growth in number of new tech startups: Nasscom

      The number of new tech startups coming up in India is estimated to have fallen 29% in 2017 as investors shifted their focus away from seed-stage ventures to more mature startups, IT industry body Nasscom said in a report. A little over 1,000 startups are likely to start operations this year compared with almost 1,400 in 2016, according to the report Nasscom prepared along with consulting firm Zinnov.

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    11. Upskilling India: The $2 bn ed-tech potential

      Upskilling India: The $2 bn ed-tech potential

      One of the most telling signs of the promise that education technology holds is the sheer number and increasing rate of ed-tech players in the Indian market alone. This is because they have all recognised the potential of the market and are trying to tap into various segments of it. The ed-tech industry is all set to grow to $2 billion by 2021, according to a report technology giant Google and consulting firm KPMG. This means that users would rise from 1.6 million to 9.6 million.

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    12. MakeMyTrip Q2 net revenue surges on ibibo buy, losses expand

      MakeMyTrip Q2 net revenue surges on ibibo buy, losses expand

      Nasdaq-listed MakeMyTrip Ltd, India’s largest online travel services provider, said on Wednesday net revenue for the quarter through September more than doubled but higher expenses widened its losses. Net revenue, or revenue excluding service costs, surged 156.5% in constant currency terms to $139.2 million in the July-September period from $53.2 million a year earlier. Gross revenue rose 79.4% to $152.9 million. However, net revenue fell sequentially from $141.2 million in the first quarter.

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    13. Zomato in talks to merge with rival Swiggy: Reports

      Zomato in talks to merge with rival Swiggy: Reports

      Restaurant-finder and food-delivery startup Zomato is reportedly in talks with competitor Swiggy for a merger. On Wednesday, two media reports said that talks were on between the two companies, but the proposal may not end in a deal. The Economic Times said that Gurgaon-based Zomato had proposed a stock deal, but Bengaluru-based Swiggy was interested in acquiring the food delivery business of Zomato.

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    14. Snapdeal elevates digital marketing chief Mayank Jain as product head – VCCircle

      Snapdeal elevates digital marketing chief Mayank Jain as product head – VCCircle

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      Amid the exodus of senior executives, online retailer Snapdeal has initiated a management rejig with the elevation of its digital marketing head, Mayank Jain, as the head of products.

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    15. MobiKwik strengthens top deck to bolster product, expand offerings

      MobiKwik strengthens top deck to bolster product, expand offerings

      Digital payments platform MobiKwik is beefing up its leadership team with a series of hires ahead of ramping up its offline play. In a statement, the company said it has hired Rahul Lodha, co-founder of home design and building platform Renomania, as vice president of technology. Lodha has over 13 years of experience in the consumer Internet, startups and telecommunications space.

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    16. Cybage co-founder Deepak Nathani picks 30% stake in Benoit Fashion

      Cybage co-founder Deepak Nathani picks 30% stake in Benoit Fashion

      Pune-based online fashion startup Benoit Fashion has raised an undisclosed amount of funding from Deepak Nathani, founder and chief executive officer of Relfor Labs, a consumer Internet company. Nathani, who is also co-founder and former chief operating officer of technology consulting firm Cybage Software Pvt. Ltd, told VCCircle that he has picked up 30% stake in the startup. Benoit Fashion Pvt.

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      Mentions: fashion Vishal
    17. On-demand B2B logistics startup ShadowFax likely to acquire assets of NuvoEx – VCCircle

      On-demand B2B logistics startup ShadowFax likely to acquire assets of NuvoEx – VCCircle

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      Gurgaon-based on-demand business-to-business logistics startup ShadowFax Technologies Pvt. Ltd is set to acquire the assets of Nuvo Logistics Pvt Ltd, which operates e-commerce-focussed reverse logistics platform NuvoEx, for an undisclosed amount, according to a media report.

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    18. ItzCash parent Ebix acquires Sequoia-backed hybrid OTA Via.com – VCCircle

      ItzCash parent Ebix acquires Sequoia-backed hybrid OTA Via.com – VCCircle

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      US-based software firm Ebix Inc, which recently entered India’s digital payments market with a majority stake buy in ItzCash Card Ltd, has acquired Bangalore-based online-offline travel agency Via.com, a press statement said.

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    19. Online drug marketplace NetMeds raises $14 mn from Tanncam, Sistema

      Online drug marketplace NetMeds raises $14 mn from Tanncam, Sistema

      Online pharmacy NetMeds Marketplace Pvt Ltd has raised $14 million (Rs 90 crore) in a new funding round led by Tanncam Investment, a Cambodian investment holding company and Sistema Asia Fund, the venture capital fund of Russian conglomerate Sistema JSFC, a company statement said. Tanncam Investment invests globally in early-stage venture capital startups and strategic investment opportunities.

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    20. Treebo Hotels’ losses jump by 192%, revenue soars ten-fold in FY17 – VCCircle

      Treebo Hotels’ losses jump by 192%, revenue soars ten-fold in FY17 – VCCircle

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      Hotels aggregator startup Treebo saw its losses soar by 192% and its revenue jump ten-fold for the financial year ended March 2017, filings with the Registrar of Companies show.

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    21. Logistics startup BlackBuck buys back shares from employees – VCCircle

      Logistics startup BlackBuck buys back shares from employees – VCCircle

      Tiger Global and Accel Partners-backed Zinka Logistics Pvt. Ltd, which operates online marketplace for logistics BlackBuck, has bought back shares from employees.

      Two-year-old BlackBuck has around 1,000 employees and 15% of them are covered under the Employee Stock Option Plan (ESOP). Of the 150 employees who can avail of ESOP, 35 have opted for the share sale, the company said in a statement. However, it did not disclose the total worth of the shares repurchased.

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    73-96 of 3117 « 1 2 3 4 5 6 7 ... 128 129 130 »
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