Funding

Fintech startup EarlySalary gets INR 5 Cr as debt fund from IFMR Capital

Pune-based FinTech startup EarlySalary, which offers Salary Advances and Instant Cash Loans, has raised its first debt financing of Rs 5Cr from IFMR Capital. The

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Funding

CreditVidya gets $5-million in Series-B equity round from Matrix Partners

B2B financial data technology platform, CreditVidya has raised $5-million in a Series-B equity round led by Matrix Partners. Existing investor Kalaari Capital has also participated

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Funding

OYO Rooms raises $250 million in Series D equity round led by SoftBank

Budget hotel aggregator OYO Rooms has raised $250 million in Series D equity round led by SoftBank, through SoftBank Vision Fund, the world’s largest private

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Funding

Sequoia Capital invests $6 Mn in Bengaluru-based startup OncoStem Diagnostics

OncoStem Diagnostics, a Bengaluru-based oncology-focused startup today said it has raised $6 million from Sequoia India. The funding round also saw the participation from existing

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Startups

ZDream unveils its first Indo-China incubation lab in Gurgaon

ZDream Ventures, an investment arm of Draphant, has launched its startup incubator ZDream Labs in Gurugram. Founded in 2015 by two industry veterans from China,

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Funding

Lendingkart Technologies raises $10.51M in Series C equity funding

Lendingkart Technologies today announced that it has raised $10.51Min Series C equity funding. Singapore-based Sistema Asia Fund along with current investors – Bertelsmann India Investment, Mayfield India, Saama Capital, India Quotient

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Funding

Holiday marketplace GoFro raises $10 million in Series B round led by HIS

GoFro, an online holiday marketplace, has raised $10 million in Series B round funding led by H.I.S. Co. Ltd., a Japanese leading travel company who

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Technology

HCL announces strategic partnership with Alpha Insight

Leading global IT Services Company, HCL Technologies today announced a new strategic partnership with Alpha Insight, an intelligent products and solutions company headquartered in London,

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Funding

IFC Invests $10 million in B2B marketplace Power2SME

International Finance Corporation (IFC), a member of the World Bank Group has invested $10 million in Gurgaon-based B2B marketplacePower2SME that helps SME’s buy raw materials at bulk prices and get

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Funding

Datasigns Technologies raises $1.5 Mn from SRI Capital, BeeNext and Pravega Ventures

Bengaluru-based Datasigns Technologies Pvt. Ltd that runs the fintech platform ShubhLoans has raised $1.5 million in pre-series-A funding from SRI Capital, BeeNext and Pravega Ventures.

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Startups

Mazkara Internet acquires BazingaLabs to leverage mobile technology for its flagship product Fabogo

Pune-based consumer internet firm, Mazkara Internet has announced the acquisition of Mumbai-based mobile technology startup BazingaLabs for an undisclosed amount. The formal acquisition took place

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Funding

True North, IDG Ventures may invests $20 mn into parent company of PolicyBazaar

Private equity major True North and venture capital firm IDG Ventures India are reportedly in advanced discussions with ETechAces Marketing and Consulting Pvt. Ltd, the

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Startups

HCL Technologies buys data automation platform ETL Factory for 7 million pounds

Countrys fourth largest software services firm HCL Technologies has agreed to acquire UK–based data automation platform ETL Factory for 7 million pounds. ETL Factory, which

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Funding

PrimaryIO raises $5.6 Mn seed funding from Accel, Exfinity and Partech Ventures

Storage management firm, PrimaryIO has raised $5.6 Mn seed funding from Accel, Exfinity Ventures and Partech Ventures to expedite its product development efforts. Commenting on

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Startups

Printing retail chain Printo buys rival The Print Bazaar in an all-stock deal

Bengaluru-based printing retail chain, Printo has acquired Delhi-based printing solutions company The Print Bazaar in an all-stock deal. The deal value remains undisclosed. However, post-acquisition

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