Reliance Industries acquires majority stake in NowFloats for $20 million

Indian business conglomerate Reliance Industries, owned by Asia’s richest man Mukesh Ambani,…

Praveen Akkriraju from SoftBank Vision Fund steps down

Praveen Akkiraju, managing partner at Softbank’s Vision Fund is stepping down from…

Reelgood gets $6.75 million funding to expand its content discovery service

Reelgood, a platform which aims to make it easier for online media…

Israel’s Crescendo Venture Partners announces first close of its $80-$100M early-stage fund

Israel will soon see more money being pumped into the country’s thriving…

Flipkart leads $60 million round in hyperlocal logistics startup ‘Shadowfax’

The Amazon vs Flipkart ecommerce battle in India is heating up. Walmart owned…

Uber received over 3,000 reports of sexual assault in U.S. last year

Uber, one of the world’s leading ride-hailing startup, has today revealed that…

CarDekho scores $70M in fresh round to fund international expansion

Online auto marketplace CarDekho has today announced raising of $70 million in…

SoftBank leads $100 million round in financial services platform Konfio

Japan’s Softbank Group Corp is leading a $100 million investment round in…

Oyo promotes Aditya Ghosh to board; appoints Rohit Kapoor as CEO

Oyo has today announced some major rejigs at the top management level…

Accel Partners closes its sixth India fund with $550 million in bank

Accel Partner, which arguably lists among the most sought after global VC…

Electric two wheeler maker Ather Energy to set up a new factory in India’s Tamil Nadu, will produce EVs and Li-ion batteries

Ather Energy is speeding up its production plans, as it looks to…

Insurtech platform Acko gets another $20M from Flipkart co-founder Binny Bansal

Financial inclusion is booming in India, and insurance is a key part…

Scooter rental startup Bounce gets $150M from Eduardo Saverin’s B Capital, Accel Partners: Report

There is more money pouring in India’s scooter rental space. Just days…

World’s third largest bike maker Bajaj Auto, invests $8M in electric scooter rental startup Yulu

India’s Yulu, a startup that lets people rent a bicycles and electric…

App-based bus aggregator Shuttl gets $18M in Series C to drive expansion

Shuttl, the app-based bus aggregator that counts the likes of Amazon and…

Paytm gets $1Bn from Ant Financial, Softbank Vision Fund, growth focus now on consumer financial products and content

Indian digital financial services upstart Paytm, has announced raising of a fresh…

PayPal to acquire Honey Science for $4 billion to drive engagement and provide exclusive offers

Online payments company PayPal has announced this Wednesday, that it would acquire…

Norwest Venture Partners closes 15th fund with $2Bn in bank

Norwest Venture Partners, which has the legacy of 58 years in the…

Xiaomi participates in EV startup XPeng’s $400 Mn fundraise

Electric vehicles are on the rise and startups in the domain are…