Zest Money, a Bangalore based digital platform facilitating the digital credit facility to Indian online shoppers, is reported to have raised $13.4 million investment in A2 funding series led by Chinese electronics manufacturing company Xiomi Corporation. Ribbit Capital, PayU and Omidyar Network being the other three investors that were involved in the funding … [Read more...]

Anupam Sengupta, an alumni of Indian Institute of Management, Calcutta, has been appointed as head of Marketing and Sales by a Gurgaon based financial technology startup namely Sqrrl. Mr. Sengupta in his new role will have the responsibility of handling digital marketing, growth and revenue aspects of the company. Anupam Sengupta is an experienced marketing professional … [Read more...]

Ashish Gupta, one of the co-founders of Helicon Venture Partners, a Mauritius based venture capital firm, has led several investors to invest an undisclosed amount of investment in a Delhi based food startup Sattviko, said company sources on Wednesday. The others that got involved in the funding round of Sattviko were identified as Sunil Chandiramani, EY Advisory Services and … [Read more...]

Carmera, a New York headquartered autonomous vehicle mapping startup, has raised an investment totalling to $20 million in B series of funding that was led by venture capital investing firm GV, previously Google Ventures. The investment will be incurred for hiring manpower and furthering the growth of the company, co-founder and CEO of Carmera namely Ro Gupta said … [Read more...]

Automobile manufacturing multi national company of the South Korea, Hyundai Motors, has partnered with self drive car rental startup Revv in a bid to create innovative car sharing services in India, reads a statement released by the automobile major. The partnership will help both Hyundai and Revv in building necessary technology in order to be at the forefront in India's … [Read more...]

India's giant online retailer Flipkart Internet Pvt Ltd, commonly known as Flipkart, has bought speech recognition AI startup Liv.ai in a bid to overcome the language difficulties across India. The announcement was released by the chief executive officer ( CEO ) namely Kalyan Krishnamurthy of Flipkart in an interview early in the morning today. Liv.ai, a Bangalore based … [Read more...]

Rashmi Daga, founder and CEO of FreshMenu, was given " ET-Facebook Woman Ahead " award during ET Startup Awards 2018 " held by Economic Times in Bangalore, Karnataka yesterday. Rashmi is the women behind FreshMenu, a delicious food startup that offers a daily changing menu with recipes from around the world. FreshMenu receives around five lac orders on a monthly basis and … [Read more...]

OYO Rooms wins " Startup of the Year " award in the ceremony of  " ET Startup Awards 2018 " hosted by Economic Times. Ritesh Agarwal, founder of OYO Rooms, along with his four colleagues after being called on the stage, received the award from Amitabh Kant and Nandan Nilekani of Infosys. OYO Rooms, popular as OYO, was selected as the winner of the award based on the greatest … [Read more...]

Observe.ai, an Indian-American based startup that provides services related to information technology, has a while ago made the announcement about the attainment of $8 millions funds from Nexus Venture Partners in collaboration with MGV, Liquid 2 Ventures and Hack VC. Existing investors Emergent Ventures and Y Combinator. Founded by a trio namely Akash Singh, Sharath Keshava … [Read more...]

Mookh Africa, a Kenya based technology startup, was declared as the winner of Sub-Saharan Africa Everywhere Initiative challenge by the global payments technology giant Visa, Inc. The Kenyan startup not only won  “Social Business Payments” contest but also grabbed US $50,000 as prize. Mookh emerged victorious after beating eleven finalists that were selected out of 238 … [Read more...]