Startups Zoomcar raises $30 million from Sony Innovation Fund in its on-going Series D round The popularity of self-drive rental cars is rising in India and with… Jeet SutharJanuary 21, 20202 minute read
Acquisitions Startups Zomato acquires UberEats India in an all-stock deal worth $350 million Days after raising $150 million from Ant Financials at a $3 billion… Jeet SutharJanuary 21, 20202 minute read
E-commerce Flipkart Startups Flipkart pilots fresh fruits and vegetables delivery service in Hyderabad Flipkart had earlier experimented with the hyperlocal delivery business in India but… Jeet SutharJanuary 17, 20202 minute read
Startups Venture Highway raises $78.6 million corpus for its second India-focused early stage tech fund Venture Highway, a VC firm which invests in early-stage startups, has announced… Jeet SutharJanuary 17, 20202 minute read
Startups Venture Capital Wipro Ventures announces close of its $150 million Fund II with focus on enterprise startups Wipro Ventures, the investing arm of Indian IT major Wipro, has today… Staff@The Tech PortalJanuary 16, 20202 minute read
Electric Futurism Startups Toyota bets big on air taxis as it leads Joby Aviation’s $590 million Series C round California-based aerospace company Joby Aviation, which has been working on an electric… Jeet SutharJanuary 16, 20202 minute read
Startups Comcast to start SportsTech startup accelerator in the U.S. in collaboration with NASCAR, others Comcast has decided to pitch in a new SportsTech startup accelerator which… Upneet SinghJanuary 14, 20202 minute read
Startups Early stage impact investor Ankur Capital closes second fund at ₹240 crore Ankur Capital, an early-stage venture capital fund that focuses on technology disruptions… Staff@The Tech PortalJanuary 13, 20202 minute read
Startups EpiFi, a neobanking platform by former Google Pay India execs, bags $13.2M in seed from Sequoia, others India has seen a surge of inclusive tech startups in the financial… Jeet SutharJanuary 13, 20202 minute read
Startups Logistics startup Pando secures $9 Million to expand in Southeast Asia and Europe Logistics has now become a critical value differentiator for B2B as well… Jeet SutharJanuary 13, 20202 minute read
Startups Oyo is reportedly firing thousands of employees across China and India Oyo, after witnessing a phase of aggressive expansion into multiple geographies globally… Jeet SutharJanuary 11, 20202 minute read
Business Startups PayU acquires majority stake in digital credit lender Paysense at a $185 million valuation After Razerpay launched corporate credit cards and other neo banking services, its… Parampreet SinghJanuary 10, 20202 minute read
Startups Baby care products company Mamaearth nabs $18.2M to expand Southeast Asia Indian baby care products startup Mamaearth has announced that the company has… Jeet SutharJanuary 10, 20201 minute read
Business Startups 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… Jeet SutharJanuary 10, 20202 minute read
Startups 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… Jeet SutharJanuary 9, 20202 minute read
Startups 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… Parampreet SinghJanuary 8, 20202 minute read
Startups 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… Jeet SutharJanuary 8, 20201 minute read
Startups 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… Jeet SutharJanuary 8, 20202 minute read
Culture & Policy Startups Ola is ditching incentive-driven model for standardised commissions to retain drivers In a bid to overcome the supply crunch for drivers and to… Jeet SutharJanuary 6, 20202 minute read
Startups 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.… Jeet SutharJanuary 2, 20202 minute read
Startups Indian startups raised $14.5 billion funding in the year 2019 Indian startups ecosystem is one of the largest in the world. In… Jeet SutharDecember 28, 20192 minute read