Business News
Former Microsoft employees’ service marketplace venture Flatpebble bags $600k from IAN
The firm's solutions are focused on helping service providers succeed, while ensuring choice and price transparency for consumers.
Startup Funding | Page 7
Business News
OYO adds another feather in its cap; on-boards SoftBank as partner-in-vision
New Delhi-based Oravel Stays Private Limited owned and operated OYO Rooms, India’s largest branded network of budget hotels, announced that it had raised $100 million in fresh round of funding led by Japan’s SoftBank Group, with participation from existing investors, including Greenoaks Capital, Sequoia Capital and Lightspeed India. OYO plans to use the raised fund […]
Business News
Pickingo raises $1.3 million to expand its presence to 20 new cities
Pickingo, an on demand B2B hyperlocal logistics start-up, has announced to raise $1.3 million in funding led by Rehan Yar Khan of Orios Venture Partners along with participation from Toppr Co-Founder Zishaan Hayath, both early investors in Ola Cabs. The venture will use this fund to expand its presence to 20 new cities and in […]
Business News
Educational Hub for Students and Professors CampusKnot Raises $100K in Funding
Edtech start-ups are teaming up education with advanced technology to impart knowledge to young generation in most interactive way. At present, the education industry is more than $30 billion in India alone and this clearly states that there is a huge opportunity for these start-ups to grow and shine. Investors are also utilising these opportunity […]
Business News
Eyeing foreign markets for expansion, GHV incubated start-up Lazylad bags $500K from global investors
Operating in the hyper local grocery delivery space, Gurgaon-based GHV Accelerator’s first start-up LazyLad has bagged $500K in funding in its Pre-Series A round from a group of global investors, including Kiyohiro Sugashita, a prominent financial expert from Japan; Jai Choi, prominent venture capitalist from Silicon Valley; and Hirokazu San. The new funding came within […]
Business News
Online customised holiday platform TripFactory bags funding from Infosys veteran Mohandas Pai
The global travel industry trends are shaping the future of travel industry and customization forms the core of the offerings in the Indian travel industry. The overseas travel industry for leisure is growing at a CAGR of 40 per cent year-on-year. On the other hand, the leisure travel market in India at present stands about […]
Business News
MakeMyTrip invests $5M in travel start-up Bona Vita, acquires 67% stake
Gurgaon-headquarter and Nasdaq listed online travel firm MakeMyTrip.com has invested $5 million in New Delhi-based travel start-up Bona Vita Technologies, acquiring majority shareholding on a fully diluted basis. MakeMyTrip disclosed the recent development in its first quarterly filing to the US Securities and Exchange Commission. The travel portal also reported an increase of 14.7 per […]
Business News
On-demand home services start-up Zimmber bags $2M from 4 top-notch VC firms
The home services industry in India is highly fragmented, unorganized and non-standardized. Greater adoption of GPS-enabled mobile phones and the rise of on-demand economy allows for smart technology solutions to transform the lives of home service providers, while injecting greater price transparency, safety and better quality of service standards for consumers. Once such on-demand home […]