Snapdeal rejects Flipkart takeover offer (yet another homegrown ecommerce major) of roughly $700-800 mn as per Livemint attracting criticism from its shareholders according to some people well acquainted with the matter. The news comes just a few days after Flipkart completed its commercial and legal due diligence of Snapdeal. The reason for this rejection is… (0 comment)
Recently, UrbanClap Raised Funding of Rs 20 crore from Trifecta Capital. The investment came as a venture debt via non-convertible debentures. UrbanClap is home services based marketplace startup founded by Varun Khaitan and Abhiraj Bhal in 2014. The company hails beauticians, cleaners, electricians and other such home service professionals. UrbanClap competes with some other similar… (0 comment)
The home services startup Frapperz Raised Funding $400K from its existing investors. The company is in constant talks with its investors in Australia and Hyderabad. It’s been just a bit more than a month that the startup Frapperz raised funding $100K in the seed round from an investor group. And now the company is willing to raise… (2 comments)
SAAS based startup Autobix recently raised an undisclosed amount in a seed round. The funding comes from GardX International Ltd, United Kingdom. Autobix is a software as a service based automotive dealership solutions provider. The core idea of the startup is to bring various functions of automobile workshops together. This imparts transparency for the customers… (0 comment)
Overcoming all the hurdles, the online pharmacy startup Myra has successfully raised $7-8 million from Matrix Partners and Times Internet. A little while earlier, PharmEasy also roped in $18 million from Bessemer Venture. The recent fundraiser of Myra is especially important for the fact that pharmacy startups in India are facing tough times. Several regulatory… (0 comment)
Online Fashion E-commerce StalkBuyLove Raises $1 Million. The fashion e-tailer has pulled off a stunning fundraiser of $1 million in a venture debt. The investors are the Trifecta Capital. StalkBuyLove is a women fashion e-tailer selling in the categories of apparels and accessories. The Delhi-based startup was co-founded by Tushar Ahluwalia and Nishrit Shrivastava and… (1 comment)
Ola Secures $100 Million to shape up its expansion plans. The fund is to come from the existing shareholders of the taxi hailing company. ANI Technologies which runs and operates Ola disclosed the approval yesterday. Ola Secures $100 Million, the board has agreed upon raising $100 million by an issue of 495,526 Series ‘l1’ preference… (0 comment)
POPxo Raises $3.1 Million Funding from IDG Ventures India and Kalaari Capital. GREE Ventures from Japan, Summit Media from Phillippines, Gurpreet Singh, and Atul Goel were the other participants. The digital community for women emerged in November 2014 with its two founders Priyanka Gill and Namrata Bostrom. The company had earlier raised Rs 3 crore… (0 comment)
Recently, Startup Holachef Raised Fresh Funding $5 million in a Series B round led by Kalaari Capital. The funding came at a time when most of the food tech companies are struggling for survival. Now, the fresh funding seems to have revived the company for a better run. Holachef, based in Mumbai appeared when Saurabh… (1 comment)
So getting its name to the list of freshly funded startups, Credihealth delivers it big. The Gurugram based health startup Credihealth Raises $1.5 Million Funding in a pre-Series A round. Credihealth Pvt. Ltd. is a Gurugram based medical assistant company serving since 2013. It started with a noble cause of helping people get the… (1 comment)
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