Archives
NEWS 
March 11, 2016 Hike raises undisclosed amount
The company, which claims to transact 30 billion messages per month, has been strengthening its management since last year. Photo: Bloomberg New Delhi: Hike Ltd, the instant messaging company founded by telecom billionaire Sunil Mittal’s son, said it has received funding from global technology veterans, including Quora founder and chief executive Adam D’Angelo and Aditya […]
NEWS March 11, 2016 iBus Networks raises Rs15 crore
iBus is aiming to solve problems of connectivity through its four dimensional approach: Talk, Sync, Sense and Find. Bengaluru: iBus Networks and Infrastructure Pvt. Ltd, a provider of connectivity solutions inside buildings, has raised Rs.15 crore in a round of funding led by Vallabh Bhansali of Enam, N Squared Management LLC USA and the family […]
NEWS March 11, 2016 CarTrade raises Rs950 crore investment from Temasek and others
The company that was founded in 2009 by Vinay Sanghi is looking to use the funds to expand its offerings for users and dealers. Mumbai: Online auto classifieds company MXC solutions Pvt. Ltd that operates as Cartrade.com Wednesday said it has raised Rs.950 crore in a funding round led by Singapore-based investment firm Temasek and […]
NEWS March 11, 2016 Care24 raises $4 million from SAIF Partners, India Quotient
Care24 claims to handle 350-400 daily visits to patients’ homes with almost 500 care-givers on board. New Delhi: Aegis Care Advisors, which runs home healthcare service provider Care24, has raised $4 million in a fresh round of funding led by venture capital firm SAIF Partners. Existing investor India Quotient also participated in the round, chief […]
NEWS 
March 11, 2016 Car pooling app Orahi raises Rs3.5 crore from IAN
The Orahi app allows private vehicle owners to choose passengers travelling in the same direction. The service costs Rs.3.5 per km, out of which Rs.3 goes to the car owner while 50 paise is earned by Orahi. New Delhi: Gurgaon-based Phonon Solutions Pvt. Ltd, which owns and operates car pooling app Orahi, on Thursday said […]
NEWS March 10, 2016 JustRide raises $400,000 from a group of angel investors
A screen grab of JustRide website New Delhi: Self drive car rental aggregator JustRide has raised $400,000 in a pre-Series A round from a group of angel investors including Dheeraj Jain, partner at Redcliffe Capital. JustRide said it will use the money to enhance its technology. The company is in advanced talks with an Indian […]
NEWS March 10, 2016 Indiamart raises fresh funds from Amadeus Capital, Westbridge and Intel
The company offers a platform and tools to over 1.4 crore buyers to search from over 2.57 crore products and get connected with over 18 lakh suppliers. New Delhi: Indiamart.com, one of the largest online listing platforms for small and medium businesses has raised an undisclosed amount in Series C funding led by Amadeus Capital, […]
NEWS March 9, 2016 KartRocket raises $6 million from Bertelsmann India, others
The company will use the money for product enhancement, team expansion and marketing initiatives. Photo: Mint New Delhi: BigFoot Retail Solutions Pvt. Ltd, which owns and operates e-commerce-enabling solutions provider KartRocket, on Monday said it had raised $6 million in an investment round led by Bertelsmann India Investments, the strategic investment arm of German media […]
NEWS March 9, 2016 Food delivery start-up Swiggy raises Rs230 crore in latest round
The funding comes at a time when venture capital firms have become more cautious about investments. According to industry experts, the mandate has now shifted to earning revenue and reducing cash burn. Food delivery start-up Swiggy, owned by Bundl Technologies Pvt. Ltd, has raisedRs.230.34 crore in a Series C funding round, with existing investors SAIF […]
NEWS March 9, 2016 Finomena raises funds from Matrix Partners and others
Bengaluru-based food delivery company Cookaroo Food Networks, is looking to use the funds to develop technology and to scale operations across Bengaluru and Hyderabad. Bengaluru-based financial technology start-up Finomena has raised an undisclosed amount in funding from US-based private equity firm Matrix Partners, Kaushal Aggarwal, managing director and co-founder of Avendus, and Harshvardhan Chamria of […]
NEWS March 9, 2016 KartRocket raises $2 million from Japanese investor
New Delhi-based KartRocket caters to the small and medium enterprises market in India by enabling merchants to go online. New Delhi: BigFoot Retail Solutions Pvt. Ltd, which owns and operates e-commerce-enabling solutions provider KartRocket, on Tuesday said it has raised $2 million from an undisclosed Japanese investor, in addition to $6 million it raised in […]
NEWS March 9, 2016 Ninjacart raises $3 million from Accel Partners, others
Ninjacart started in May 2015 as a hyperlocal grocery delivery company, but changed to its business model after six months, and currently works with about 120 retailers, and claims a monthly revenue of Rs1.2 crore. Bengaluru: Ninjacart, a business-to-business marketplace that connects farmers and brands to retailers, run by 63Ideas Infolabs Pvt. Ltd, has raised […]
