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Startups

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Amazon acquires autonomous driving startup Zoox

Amazon has acquired Zoox, a startup that is designing autonomous ride hailing…

Byju’s raises fresh capital from ‘Bond’, the VC fund co-founded by Mary Meeker

Byju’s, the unicorn edtech behemoth, that has continued to reel in external…

Nextbillionai, an Enterprise AI solution for hyperlocal businesses, announces $7Mn Series A

With the COVID-19 pandemic paralyzing global economy, traditional businesses — be it…

Ecommerce in India posts strong recovery, back to 90% of pre COVID-19 levels: Report

In early May 2020, the Indian government removed its lockdown restriction rules…

Online grocer Milkbasket raises $5.5Mn in fresh round led by Inflection Point Ventures

Grocery delivery platform Milkbasket is announcing a fresh $5.5Mn round led by…

Amazon, BigBasket gain clearance to deliver alcohol in India’s West Bengal: Report

In an ecommerce trend that has gained widespread momentum both politically and…

Palantir secures $500 million from Japanese insurer Sompo as it gears up for potential IPO

After speculations of an Initial Public Offering, the much storied U.S. data…

Zomato will part ways with TechEagle, a startup that it had acquired to speed up work on drone deliveries

Zomato announced, on Friday, that it will part ways with the TechEagle…

PaisaBazaar lays off over half of its employees

PaisaBazaar, the digital lending unit of PolicyBazaar recently said that it has…

Beenext closes two new funds totaling $160 million, significant investments planned in India

Singapore based venture capital firm Beenext, has announced the closure of two…

Edvizo, a platform for students to compare and select coaching institutes, gets $150K in seed

Bangalore based edtech startup Edvizo, has raised $150k from Inflection Point Ventures…

API platform Postman scores $150 million in Series C at a whopping $2B valuation

Application program Interface, or API, is a set of protocols that dictates…

Anand Mahindra invests $1 million in blockchain based social media startup Hapramp

Billionaire Anand Mahindra, owner of multi-billion Indian business conglomerate Mahindra and Mahindra,…

Payments company Innoviti closes Series C round from FMO and Bessemer Venture Partners

Innoviti, the Bengaluru-based payments solution provider, is announcing the close of its…

Infibeam buys out corporate credit cards firm Cardpay in all-stock deal

Infibeam Avenues Ltd., the company that behind ecommerce platform ‘Infibeam.com’ and payment…

Now startups can issue ESOPs to employees till 10 years after joining

On February 19, the DPIIT extended the period during which a company…
Zomato

Zomato to scale down grocery as food delivery expects to make a comeback

Zomato will now return to its homebase, and put its weight behind…

CarTrade lands $42.5 million in Series H from Temasek and Warburg Pincus

Automotive classifieds company CarTrade has raised Rs 321 crore ($42.5 million) from…
UberEats

Slow recovery for Uber as rides starting to pick up amid easing lockdowns

In a virtual Bank of America conference, Uber CEO Dara Khosrowshahi said…