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Enterprise payments firm Airpay secures Series A funding from Kalaari Capital, others

Mumbai-based payment services startup Airpay has raised Rs 24 crore ($3.6 million) as part of a Series A round led by Kalaari Capital and existing investors Rakesh and Rajesh Jhunjhunwala. The company, operated by Airpay Payment Services Pvt. Ltd, wi.....»»

Source:  TchcircleCategory: TopMar 21st, 2017Related News

Exclusive: Tiger Global may be part-exiting Flipkart with 3x return

Tiger Global, the biggest investor in Flipkart, may have struck a deal with Microsoft and other new investors to sell a part of its stake in the e-commerce company in the latest fund-raising round that valued it at $9.3 billion pre-money, a person fa.....»»

Source:  TchcircleCategory: TopMar 21st, 2017Related News

Two Bangalore women give a ‘clean’ twist to co-working spaces

Co-working spaces – the idea of an open and communicative work culture – is finally picking up in the Indian startup ecosystem. The past two years have witnessed many startups, including Innov8, InstaOffice and 91springboard, venturing into this.....»»

Source:  TchcircleCategory: TopMar 21st, 2017Related News

Bombay High Court bars taxi unions from disrupting Uber’s operations

US-based Uber Technologies Inc’s India subsidiary Uber India Technologies Pvt. Ltd has obtained a restraining order from the Bombay High Court that prevents dissenting taxi union bodies from disrupting its operations in Mumbai. Mumbai’s t.....»»

Source:  TchcircleCategory: TopMar 21st, 2017Related News

ShopClues looks to raise $75-100 mn in pre-IPO round

Clues Network Pvt. Ltd, which runs e-commerce company ShopClues, is looking to raise $75-100 million (Rs 490-652 crore) in fresh funding even as it begins discussions with merchant banks for an initial public offering (IPO), a financial daily reporte.....»»

Source:  TchcircleCategory: TopMar 21st, 2017Related News

Exclusive: GrabOnRent close to raising Series A round

Bangalore-based GrabOnRent Internet Pvt. Ltd, which runs product rental marketplace GrabOnRent, is close to raising $3 million (Rs 19.5 crore) in Series A funding from new and existing investors, two persons familiar with the matter said. Existing in.....»»

Source:  TchcircleCategory: TopMar 21st, 2017Related News

Flipkart raises $1 bn in down round: Report

Flipkart Pvt Ltd, the Singapore-based holding company of India’s largest e-commerce marketplace, has reportedly raised $1 billion in a massive fundraising round. The funds were secured at a down round that valued the company at $10 billion, the rep.....»»

Source:  TchcircleCategory: TopMar 21st, 2017Related News

Tips to make the Startup culture a resounding success

The startup culture that is slowly gaining momentum calls for adequate support at various levels to sustain itself. In the absence of the same, the enthusiasm may soon lose its vitality. It is necessary to make an assessment of the diverse support in.....»»

Source:  TchcircleCategory: TopMar 21st, 2017Related News

Snapdeal strategy head Jason Kothari formally takes over at FreeCharge

E-commerce firm Snapdeal, operated by Jasper Infotech Pvt. Ltd, has appointed Jason Kothari as chief executive officer of its mobile recharge platform FreeCharge. Kothari will also continue his key leadership role as chief strategy and investment off.....»»

Source:  TchcircleCategory: TopMar 21st, 2017Related News

After venture capital, startups taking ‘vendor capital’ for granted

The bloodletting in the Indian startup ecosystem continues with hotel-booking app RoomsTonite shutting shop on the heels of the Stayzilla fiasco, which is still playing out in the media. I have previously said that the startup space in India is safe.....»»

Source:  TchcircleCategory: TopMar 21st, 2017Related News

Exclusive: Online matchmaking venture BharatMatrimony pushes back IPO plan

Online matchmaking and marriage services provider Matrimony.com Pvt Ltd has scrapped plans for an initial public offering (IPO) this year, with just days remaining for its regulatory approval to lapse, its founder and CEO Murugavel Janakiraman told VCCirc.....»»

Source:  TchcircleCategory: TopDec 12th, 2016Related News

Astro approaches court for winding up AskMe

Malaysian telecom and media conglomerate Astro Entertainment Network Ltd (AENL), which is the majority investor in the now defunct ecommerce company AskMe.com, has approached the Delhi High Court seeking the wind-up of the firm. The court is expected to h.....»»

Source:  TchcircleCategory: TopDec 12th, 2016Related News

ah! Ventures launches marketplace to provide services for startups

Early stage venture capital firm ah! Ventures has launched a marketplace to provide startups services such as branding, legal advisory, finance, staffing and more. The ah! Marketplace connects startups with relevant service providers on the basis of a pre.....»»

Source:  TchcircleCategory: TopDec 12th, 2016Related News

Fashion app Wooplr secures funding from Facebook’s Anand Chandrasekaran

Wooplr Technologies Pvt. Ltd, which runs a fashion discovery app for women, has raised an undisclosed amount of funding from Facebook executive Anand Chandrasekaran. Chandrasekaran has come in as an individual investor in the round that was recently close.....»»

Source:  TchcircleCategory: TopDec 12th, 2016Related News

PayU to launch new consumer credit business soon

Payment gateway provider PayU India is all set to launch its new consumer credit business this month. The new business, under the ‘Lazy Pay’ brand, will allow customers to complete the purchase without making the payment, PayU’s managing.....»»

Source:  TchcircleCategory: TopDec 12th, 2016Related News

Investor Astro approaches court for wind-up of AskMe

Malaysian telecom and digital media conglomerate Astro Entertainment Network Ltd (AENL), which is the majority investor of the defunct ecommerce company AskMe.com, has approached the Delhi High Court seeking the wind-up of the firm. The court is expected .....»»

Source:  TchcircleCategory: TopDec 12th, 2016Related News

Bike taxi app Rapido adds pooling to its offerings

In its bid to improve unit economics, bike taxi app Rapido has added bike-pooling to its offerings. The startup will now offer both bike-pooling and regular bike taxis to consumers looking to hail two-wheeler rides. The new business strategy comes in the .....»»

Source:  TchcircleCategory: TopDec 12th, 2016Related News

T-Hub partners with Vodafone to help startups scale

Telangana government’s startup development initiative T-Hub has partnered with Vodafone Business Services, the enterprise arm of mobile network operator Vodafone India, as its communication partner. Vodafone Business Services will be engaging with start.....»»

Source:  TchcircleCategory: TopDec 12th, 2016Related News

Facebook India names ex-Google executive Pulkit Trivedi as industry director

Social networking giant Facebook India has appointed former Google executive Pulkit Trivedi as industry director for its e-commerce, retail, travel and financial services verticals. Trivedi will be responsible for building and maintaining strategic relati.....»»

Source:  TchcircleCategory: TopDec 12th, 2016Related News

Ed-tech startup XSEED raises $10 mn Series B funding from Verlinvest

Singapore- and Bangalore-based ed-tech startup XSEED Education has secured over $10 million (around Rs 67.5 crore) in its Series B round of funding from Belgium’s family-owned consumer-sector focused investment company Verlinvest SA. The firm will u.....»»

Source:  TchcircleCategory: TopDec 12th, 2016Related News