Zomato gets $150M from Ant Financial as possible UberEats India acquisition nears close

More financial spice is now being added to the Indian food delivery…

Ed-tech platform Byju’s scores $200 million from Tiger Global

Indian ed-tech juggernaut Byju’s continues to attract heavy investor money. After a…

James Murdoch’s Lupa Systems invests undisclosed amount in edtech company Harappa Education

Online learning institution Harappa Education has secured an undisclosed investment by James…

Online beauty store Purplle adds $7.9M to its Series C from Belgian PE firm Verlinvest SA

Purplle, the Goldman Sachs-backed online beauty and personal care platform has added…

Test-prep platform Testbook secures ₹60 crore (~$8.3M) in Series B to bank on India’s lucrative competitive exams segment

Testbook, an online test preparation platform, has announced raising of a₹60 crore…

Ola is ditching incentive-driven model for standardised commissions to retain drivers

In a bid to overcome the supply crunch for drivers and to…

Budget hotel chain Treebo gets $458,000 in fresh round from media giant Bennett Coleman and Co

The budget hotel segment is witnessing intense competition in the Indian market.…

Indian startups raised $14.5 billion funding in the year 2019

Indian startups ecosystem is one of the largest in the world. In…

Food delivery startup Swiggy enters online payments space with Swiggy Money

India’s digital payments space has been a mixed bag. While the sheer…

Indonesian edtech Ruangguru bags $150 million in Series C

Indonesian edu-tech startup Ruangguru has today announced raising of $150 million in…

UPI-based payments platform BharatPe reports $3.2M in FY19 losses with little revenue

Highlighting the rather unsuccessful business model that UPI is, online payments platform…

Bike-sharing startup Vogo set to raise $2 million bridge round

Trying to solve the last-mile connectivity issues at a lower price point…

HomeLane secures $30 million Series D funding to build up its platform

HomeLane, a startup that offers platform for home interiors, has announced that…

Indian rental marketplace RentoMojo is raising $2 million from GMO Payment Gateway

Indian furniture rental startup RentoMojo is raising $2 million funding from GMO…

Japanese banks have reportedly declined $3B lending to SoftBank for its mega WeWork bailout

SoftBank has reportedly hit a roadblock on its way to provide liquidity…

Uber ordered to halt its operations in Colombia

Smooth operation of its services seems to be distant dream for Uber…

OYO appoints Ankit Gupta as COO & SVP of Frontier Businesses

OYO has been making major changes to its senior management and in…

Lenskart scores $231M in a Series G round led by Softbank Vision Fund 2 at a $1.5B valuation

India’s Lenskart, an online retailer of spectacles, sunglasses and literally all things…

Neobanking startup Kaleidofin raises ₹36 crore Series A funding led by Oikocredit

Ever since India’s aggressive push towards digital financial services for the unbanked,…

Court in Germany bans Uber services via rental cars

Uber services via rental cars have been banned by a German court…

OYO to reportedly lay off 2000 employees by February 2020

OYO, the multi-billion dollar Indian hotel aggregator upstart, may finally be showing…