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NEWS 
March 2, 2016 Snapdeal raises $200 million from Canadian pension fund, Iron Pillar
In August, Snapdeal raised $500 million mainly from Chinese e-commerce firm Alibaba Group, Foxconn Technology Group and existing investor Softbank Group, which valued the Delhi-based firm at about $4.8 billion post money India’s second largest e-commerce firm Snapdeal on Sunday said it has raised $200 million in fresh funds from investors led by Canada’s Ontario […]
ALL DEALS March 2, 2016 Aasaanjobs raises $5 million from Aspada Advisors, others
Aasaanjobs last raised $1.5 million in a round led by IDG Ventures and Inventus Capital in January 2015. Mumbai-based Aasaanjobs Pvt. Ltd, which owns and operates recruitment website Aasaanjobs, on Monday said it had raised $5 million in a Series A funding round led by Aspada Advisors, with participation from existing investors. Aasaanjobs last raised […]
NEWS March 2, 2016 Middle East-based Wadi.com raises $67 million
Wadi, which currently caters to shoppers in the United Arab Emirates (UAE) and Saudi Arabia, claims to have more than 500 merchants—about 50 of them from India—selling more than 150,000 products from over 2,000 brands. Wadi.com, a Middle East-based online retail platform co-founded by former Jabong executive Pratik Gupta, said it has raised $67 million […]
ALL DEALS March 2, 2016 TableHero raises $1 million from growX ventures, Freecharge founders, others
Apart from growX, FreeCharge founders Kunal Shah and Sandeep Tandon, India Value Fund Advisors partner and former chief executive officer of Network 18, Haresh Chawla, Powai Lake ventures and Globevestor also took part in the funding round. New Delhi: TableHero, a start-up providing an intelligent operating system for small local businesses, said on Tuesday that […]
ALL DEALS 
March 2, 2016 icustommadeit.com raises $4 million
icustommadeit is a marketplace that connects bespoke artists, creators and sellers with consumers looking for specific products. Mumbai: Pune-based customised products company Truelytics EComm Pvt. Ltd. that operates the website icustommadeit.com said on Tuesday that it had raised $4 million in pre-Series A (early stage) round of funding from Times Group’s Brand Capital, Siddhivinayak Skyscrapers […]
ALL DEALS March 2, 2016 Tiger Global invests $10 million in online videos creator The Viral Fever
A file photo of TVF co-founder Biswapati Sarkar. Photo: Aniruddha Chowdhury/Mint Mumbai: Tiger Global Management Llc has invested $10 million (Rs.65.6 crore) in popular online video content creator ‘The Viral Fever’ (TVF), picking up a significant minority stake in the firm, according to filings made by the company with the registrar of companies (RoC). The […]
NEWS March 2, 2016 Hyper-local discovery app Magicpin raises $3 million
Magicpin offers features where users can take pictures and selfies to avail of offers and discounts at neighbourhood stores. Investor-turned-entrepreneurs Brij Bhushan and Anshoo Sharma have raised $3 million in Series A round of funding from Lightspeed Venture Partners for Magicpin, a hyper-local discovery app. Magicpin was founded in August by Bhushan and Sharma, who […]
ALL DEALS March 1, 2016 Ibibo to raise $250 million from Naspers
A file photo of Ashish Kashyap, founder and chief executive officer, Ibibo Group. Photo: Mint New Delhi: Indicating a huge opportunity in the travel and hotel booking space, South African media company Naspers Group on Wednesday announced its plans to invest an additional $250 million in online travel venture Ibibo Group, which owns and operates […]
ALL DEALS March 1, 2016 NoBroker raises $10 million in Series B funding
NoBroker had raised $3 million in Series A from SAIF Partners along with Fulcrum Ventures in December 2014. Bengaluru: NoBroker Technologies Solutions Pvt. Ltd, which directly connects landlords with house hunters said it raised $10 million in a Series B funding led by Singapore-based BEENEXT venture capital firm created by Teruhide (Teru) Sato. Other investors […]
