Putting a full stop to the insistent rumors that had been flooding the interwebs over the last few weeks, Chinese bike rental
ofo, has raked in $700...
Startups
Andy Rubin’s Playground Ventures is raising another $15 million round
Android Inventor Andy Rubin’s VC firm Playground Ventures is raising another $15 million as part of its mission to back promising startups in...
1mg Technologies to raise $10 million in equity financing
1mg Technologies, the online healthcare pharmacy, is reportedly close to finalising a $10-million equity financing round. The funding round is being...
Lockheed Martin has purchased stakes in Terran Orbital
Lockheed Martin has reportedly purchased significant stakes in U.S. nanosatellite company Terran Orbital. The investment comes even as corporations...
Blue Apron’s IPO isn’t going particularly well
2017 was supposed to be the year of Tech IPOs. It all started with Snap Inc which went off to a roaring start before floundering. And now, another...
Microsoft is acquiring Cloudyn, estimated price between $50 and $70 million
Tech behemoth Microsoft has decided to acquire Israeli startup Cloudyn. The decision comes even as companies all over the world are working to...
Fitpass receives $1 million from Abhinav Bindra’s Shooting Star
Fitpass, a New Delhi-based startup which provides access to gyms and fitness studios, has raised $1 million in a new funding round, led by Shooting...
Fintech startup Rubique raises $3 million in a bridge round from Kalaari Capital
Rubique, a finance technology company empowering individuals and SMEs by providing easy and smooth access to finance and financial products, has...
Cyber security firm Trend Micro announces $100 million venture fund
Cyber security firm Trend Micro has become the latest corporate to jump into the startup investment world. The company has announced a $100 million...
Livspace to invest ₹25 crore in online to offline initiatives
Livspace, a home interior design and execution platform, has now jumped onto the omni-channel bandwagon after its five-year online stint in the...
Niki.ai goes through series A round, raises $2 million from SAP.iO and Unilazer
Niki.AI, the Ratan Tata and SAP backed AI startup, is back in the fund raising business. The AI upstart, has now secured a fresh series A round of...
CredoLab nabs over $1Mn to serve the unbanked population with its credit assessment tool
Singapore-based CredoLab that has developed a credit risk management solution has raked in over $1 million in a Pre-Series A round led by fintech...
Muru-D Singapore is set to make financing ‘SAFE’ for its new batch of startups
Telstra-backed accelerator muru-D Singapore is has come up with a new financing instrument for the 10 startups part of its September batch. Termed...
Unilazer Ventures increases its stake in EasyPolicy to 55%
EasyPolicy which is an online platform used for insurance policy aggregating has seen yet another investment from Ronnie Screwvala’s Unilazer...
Apple has acquired eye tracking company SensoMotoric Instruments
Apple has acquired eye-tracking startup SensoMotoric Instruments. The acquisition is being looked at through the lens of Apple’s virtual...
In a bid to make your rides smoother, Lyft is adding pickup suggestions
Lyft is rolling out a series of improvements to its application that will enable the company to drastically reduce the trouble faced by drivers on...
Naspers invests $71 million in Flipkart to take its stake to 16.5%
South African technology investor Naspers, which is an existing investor in homegrown eCommerce firm Flipkart, has invested additional $71 million in...
Amazon will keep matching the massive investments raised by Indian rivals, hints Jeff Bezos
Amazon has its competitors in India. And we know the country’s domestic players don’t give in easy. And the game has gotten even more...
Payments app Yoyo Wallet rakes in £12Mn to power its expansion in Europe
London-headquartered Yoyo Wallet, that combines payment with loyalty to provide real value to both retailers and consumers, had raised £12 million...
Tata Group enters online grocery business with Grocermax acquisition
Tata Group is all set to the enter the online grocery business. For this, the company is buying Gurgaon-based GrocerMax — with its...
Practo faces investigation into its alleged tax evasion practices
In what comes as a shocking update, the most widely-known health care startup of India, Practo is currently being investigated by the Department of...