Sheena
1407 stories by Sheena
Tatas in talks to put money into BigBasket
The salt to era conglomerate Tata Group has joined the conversations to select out up a minority stake in on line grocer BigBasket, which has been trying to enhance $two hundred million in increase capital, humans privy to the improvement instructed Mint. “Tata organization, Temasek and Generation I
Flipkart got gaming platform Mech Mocha’s IP and group
E-commerce primary Flipkart has introduced the acquisition of intellectual assets from Mech Mocha, a cellular gaming startup that runs live-social gaming platform ‘Hello Play’. As part of the purchase, Mech Mocha’s gaming group will be part of Flipkart. Co-based by Arpita Kapoor and Mohit Rangaraju,
FreshToHome raised $121 million in funding from Investment Corporation of Dubai and more
FreshToHome, an online brand in fresh fish and meat e-commerce, on Tuesday stated it has raised $121 million (approximately Rs 890.8 crore) in investment led via way of means of Investment Corporation of Dubai, Investcorp, Ascent Capital, DFC, Allana Group and different investors. Iron Pillar, the l
Keito Pune-based raises seed round from LetsVenture, and others
Pune-based AI startup Keito has brought an undisclosed sum up in a seed round from LetsVenture, SumaSoft Pvt Ltd, Rajesh Agarwal, CEO of SP Investments; way of life financial backer Jaideep Sippy; private supporter Nandkishore Mundada; Gautam Ramchandani, Former SP Group and Marcomm Consultant; Hema
Otipy an social commerce startup raises $1M from Inflection Point Ventures
Otipy is basically an social commerce startup, which mainly focus on the agricultural sector just by delivering fresh fruits and vegetables to the consumers, and even enables farmers to get a fair price. Otipy recently raised $1 million from Inflection Point Ventures (IPV), which is an early-stage i
Transport service issues rules to direct Ola, Uber; limits surge pricing
The Union street transport and interstate service has given new rules to control taxi aggregators like Ola and Uber and furthermore set a breaking point to flood estimating, satisfying an incessant interest of clients of all such portability aggregators. As indicated by the rules, the driver of a ve
Selecting stage GetWork brings Rs 2 Cr up in seed round drove by Artha Venture Fund
Gurugram-based edtech and HR-tech stage GetWork on Wednesday declared that it has brought Rs 2 crore up in a seed subsidizing round drove by Artha Venture Fund (AVF), a beginning phase miniature VC store. The round likewise saw the interest of India Accelerator’s private supporters. With this
Apna said it has gathered up $100 million in its Series C round
Professional networking platform for blue and gray collar laborers Apna said it has gathered up $100 million in its Series C round drove by existing investor Tiger Global Management at a valuation of $1.1 billion, making it probably the fastest startup to achieve the pined for unicorn status. The ne
G2 has raised $157M for its product survey administration
Today G2, an organization that gives an online programming audit and data set, reported that it’s anything but a $157 million Series D. Per a delivery the organization imparted to TechCrunch ahead of its news, G2 is presently worth more than $1 billion, making it a unicorn in current speech. P
GoMechanic has raised $42M from Tiger Global, Sequoia, and others
Spare parts and multi-brand vehicle workshop GoMechanic has brought $42 million up in Series C subsidizing round drove by Tiger Global Management, with Sequoia Capital India, Orios Venture Partners and Chiratae Ventures partaking in the round. GoMechanic, which is controlled by Targetone Innovations
Bengaluru based Startup OneCode Has Raises $5 Mn Funding
Bengaluru-based assisted ecommerce stage OneCode has reported bringing $5 Mn up in financing drove by Sequoia Capital India’s Surge gas pedal and Nexus Venture Partners, with investment from WaterBridge Ventures. Other than the endeavor reserves, the startup has raised the subsidizing from pri
Interview Of An Successful Indian Entrepreneur Yeshasvini Ramaswamy
I was so excited to know about the answers of an successful entrepreneur Yeshasvini Ramaswamy. I am sure you are also as excited as I was to read. So, without wasting any time, let’s read the answers of an famous entrepreneur. What advice would you give to women who want to start a business? A
Swiggy has onboarded more than 7,000 new restaurants in a month.
Online meals shipping platform Swiggy on Thursday discovered it has onboarded greater than 7,000 new eating places a month on Swiggy that is three,000 greater than the pre-covid times, along side handing over 10 crore orders considering the start of the lockdown. Nearly 6,000 new eating places are s
India govt. allocates Rs 120 Cr to incentivise for drone manufacturing
The Indian government on Wednesday approved to allocate Rs 120 crore spread throughout the following three financial years towards creation linked incentives (PLI) for manufacturing drones and its parts in the country. Industry specialists say the move could be a major shot in the arm for the local
Edtech startup ClassMonitor brings Rs 3.5 Cr up in pre-Series A round drove by PATH India, Gulf financial backers
Indore-based self-teaching centered edtech startup ClassMonitor has brought Rs 3.5 crore up in pre-Series A financing drove by PATH India and Gulf financial backers, including UAE-based Calega family office financial backer gathering, and Sarvann, a gathering of Oman-based financial backers. The org
Startups will be spine of India, says Piyush Goyal
Association Minister Piyush Goyal on Saturday said that new companies will be the foundation of the nation, while adding that the environment of new businesses is empowering development, advancing and fortifying new youthful business visionaries alongside organizations with groundbreaking thoughts a
Potloc Raised CA$20M in Series A Funding
Potloc, Inc., a Montreal, Canada-based organization which use web-based media focusing for improving the quality, explicitness and precision of reviews for buyer research, shut its Series A series of subsidizing, adding up to CA$ 20M. Lead speculators incorporate France-based Cap Horn, and Canadian
Chairish Raised $33M Series B To Scale Online Marketplace For High-end Furnishings
Online home furnishing agencies noticed elevated boom as people spent extra time in their houses this year, and Chairish, an internet market for high-end furnishings, was certainly considered one among them. As a result of the boom, the 7-year-old San Francisco-based corporation introduced a $33 mil
Apna in conversation to raise fresh round of more than $1 Bn valuation
Apna is in conversation to raise a new round that is probably going to push the organization’s valuation at more than $1 billion, as indicated by two sources mindful of the arrangement. This is the third round of subsidizing for the Bengaluru-based startup in 2021 which raised $12.5 million Se
Unacademy assigns ESOP worth Rs 20 Cr to former VP Dinesh Godara
Subsequent to reporting undisclosed round from Tiger Global and Dragoneer Investment Group at a valuation of $2 billion, edtech unicorn Unacademy has apportioned ESOPs worth around Rs 20 crore to its previous VP Dinesh Godara. Godara assumed a significant part in scaling up Unacademy. He was VP of t
Vodafone Idea Ltd to declare integration; plans rebranding to VI
Vodafone Idea Ltd on Monday will declare its integration into one brand called ‘VI’, years after the completion of Vodafone India Ltd, stated people aware about the development. The rebranding is a part of the company’s efforts to lessen price of preserving brands, the people stated, ask
PM’s Bold Reforms Is Going Pave Way To India’s Rapid Economic Progress: Mukesh Ambani
Gandhinagar: Reliance Industries Limited Chairman Mukesh Ambani on Saturday said that “intense changes” presented under the initiative of Prime Minister Narendra Modi will prepare for India’s fast financial advancement in the years to come. Tending to Pandit Deendayal Petroleum Uni
Payu, possessed by Prosus, has obtained BillDesk for $4.7 billion
Payu, possessed by Prosus, has obtained BillDesk for $4.7 billion, in what is effectively probably the greatest arrangement in India’s fintech space. The proposed bargain is dependent upon endorsement from India’s opposition guard dog and expands on past acquisitions by PayU in India, in
Decoding CRED’s Series C subsidizing round
In January, Credit card charge installment application CRED reported its Series C round drove by DST Global. While the organization didn’t reveal a lot of subtleties of the financing round, Fintrackr has decoded the numbers from its administrative filings. CRED has passed a unique goal to disp
Google improves its Play Store policy on gamified loyalty programs
Google has improved its Play Store strategy on gamified steadfastness programs for application engineers in India. As indicated by Google, it has refreshed its approach direction on gamified dependability programs that depend on a certified money related exchange in the application and offer prizes
Gaming firm Nazara Technologies files for IPO
Worldwide gaming and media sports organization Nazara Technologies has recorded a draft distraction outline (DRHP) on January 14 with market controller Securities and Exchange Board of India (SEBI) for its first sale of stock (IPO). The veteran financial specialist Rakesh Jhunjhunwala-sponsored orga
DeHaat raises $30M Series C speculation drove by Prosus Ventures, RTP Global
Patna and Gurugram-based agritech stage DeHaat has brought $30 million up in Series C financing drove by Prosus Ventures (beforehand Naspers). The round additionally saw cooperation from existing financial specialists Sequoia Capital India, FMO, Omnivore, and AgFunder. Dexter Capital was the selecti
How Fynd remodeled operations in FY20 post acquisition through Reliance
Omnichannel trade startup Fynd which was obtained via way of means of Reliance in August 2019 and spent round 8 months under Reliance in FY20, positioned a decent manage on its charges throughout that monetary year. The agency scaled back appreciably which brought about a drop in working sales and a
Sharechat has raised $502 million from Tiger Global Management and LightSpeed Ventures
Indian online media stage ShareChat has raised $502 million from Tiger Global Management and LightSpeed Ventures, while Snap Inc, Twitter and India Quotient, as well, partaken in the round. With the most recent venture, the startup’s valuation has gone up to $2.1 billion. The venture makes Sha
On Wednesday Urban Company has raised $255 million at $2.1 billion valuation
Urban Company said on Wednesday it has brought $255 million up in another financing round and affirmed a valuation of $2.1 billion, joining over twelve different new companies in India that have procured the unicorn status this year. The new financing round a Series F was driven by Prosus Ventures,
Lightspeed-upheld Foxy obtains Marsplay
EkAnek, which runs the excellence shopping and live video trade application Foxy, has gained local area drove business stage Marsplay as per three Entrackr sources who likewise said that the arrangement emerged half a month back. “The exchange is probably going to encourage an exit for financi
Delhivery has documented its DRHP with SEBI to raise Rs 7,460 crore through IPO
Coordinations and store network administrations organization Delhivery has documented its DRHP with SEBI to raise Rs 7,460 crore through Initial Public Offering (IPO). As per the DRHP, Delhivery Limited’s forthcoming public deal comprises a new issue of Rs 5,000 crore and a proposal for deal (
Tiger Global leads $100 million interest in Indian social trade DealShare
Tiger Global has put resources into DealShare, a startup in India that has assembled a web based business stage for center and lower-pay gatherings of purchasers, only three months after the Indian firm finished up its past $21 million Series C subsidizing round. The New York-settled firm has driven
Agritech startup Intello Labs has raised Rs 37.3 crore or $5 million in a round led by Avaana Capital
Artificial intelligence-focused horticultural technology startup Intello Labs has raised Rs 37.3 crore or $5 million in a round led by Avaana Capital which takes the organization’s valuation to around Rs 246 crore or close to $34 million, according to Fintrackr’s estimates. The round lik
Indore-based STAGE is constructing an ‘Indianised’ OTT platform with authentic hyperlocal content
In 2016, WittyFeed is one of theIndia’s most viral websites. The platform began out in 2014 with a consumer base of one lakh customers and within the next years, it had garnered 420 million web page views and 2.5 billion ad impressions. But, in 2018, WittyFeed’s Facebook web page was worn out overni
AppsForBharat has raised $10 Mn from Elevation Capital, Sequoia and others
AppsForBharat, an item studio zeroed in on building applications for the profound and reverential necessities of Indian clients, has gathered up $10 million in a Series A financing round drove by Elevation Capital with support from existing financial backers Sequoia Capital India, BEENEXT and Matrix
Eloelo brought $2.1M up in pre-Series A co-drove by Waterbridge and Lumikai
Bengaluru-based maker drove live social gaming stage – EloElo on Tuesday brought $2.1 million up in a pre-Series A round, co-drove by Waterbridge Ventures and Lumikai Fund (India’s first gaming and intelligent media reserve). Better Capital and ability the executives firm Exceed Entertai
Nirmala Sitharaman Finance minister proclaims Rs 12,000-crore interest free loan to states
Finance minister Nirmala Sitharaman on Monday addressed the media approximately proposals to stimulate call for in the economy hit with the aid of using the coronavirus pandemic. On warning signs are that the financial savings of presidency and organised region personnel have increased, the authorit
Healthtech startup Traya raises seed speculation drove by Kae Capital, Whiteboard Capital
Mumbai-based healthtech startup Traya.health (also known as Tatva Health) on Thursday declared that it has raised an undisclosed measure of seed financing drove by Kae Capital and Whiteboard Capital. Heavenly attendants Puneet Kumar from Steadview Capital and Suhail Sameer from BharatPe likewise too
PhonePe is wanting to enter the stockbroking business
PhonePe, India’s second biggest advanced installments organization, is intending to enter the stockbroking business, a move that will escalate the fight for piece of the pie in the too serious industry. The Bengaluru-based fintech startup is anticipating a stockbroking permit from Securities a
Hate speech row: Facebook responds to Congress, says issues raised through it ‘taken critically’
Days after the Congress wrote letters to Facebook CEO Mark Zuckerberg accusing the social media giant’s India management of bias and displaying favouritism to the BJP, Facebook has spoke back to the Congress. Replying to Congress general secretary K C Venugopal, who had despatched letters to Zuckerb
The organization has raised pre-IPO financing of ₹92 crore from public business sectors speculator Amansa Investments at ₹58.5 per share
Brisk assistance eatery network Burger King India Ltd on Friday set a value band of ₹59-60 for each offer for its ₹810 crore first sale of stock (IPO) opening on 2 December. The organization will sell new offers worth ₹450 crore to general society, while advertiser element QSR Asia Pte Ltd, claimed
E-commerce platform Snapdeal adds 8 hubs and expands logistics network ahead of festive season
One of the popular ecommerce Snapdeal had included eight logistics centres into its network across manufacturing hubs, including Mathura, Noida, and Mumbai, ahead of the festive season. This expansion is part of a decentralised network, which is designed by Snapdeal. Its centres are situated within
9Unicorns will offer $100,000 for 5-7% equity per startup, along side a focussed three-month mentorship programme
Startup incubator Venture Catalysts has made the primary close of its accelerator fund 9Unicorns at Rs 100 crore.Modelled at the strains of Silicon Valley’s influential startup accelerator Y Combinator, the fund has a goal corpus of Rs 300 crore. It plans to spend money on over 100 early-stage start
BitClass brings $2 million up in seed subsidizing drove by Venture Highway
Bengaluru-based startup BitClass, which offers a stage for autonomous instructors to direct online classes, has brought $2 million up in seed subsidizing drove by Venture Highway. This seed financing round is driven by Venture Highway with interest from AET Japan, Figure Eight Investments, and Water
Coinbase Mafia Tells How Tight A Circle Holds Sway Over Bitcoin
Coinbase Global Inc’s. documenting to turn into a traded on an open market organization gives a brief look into the tiny circle of for the most part men who order the unbelievably worthwhile computerized scene. This U.S.- based force list begins with Brian Armstrong, the now tycoon CEO of Coin
Unicorns support investment activity, in third week of June startups has raised $740M
Venture financing into Indian new businesses ricocheted back firmly in the third seven day stretch of June following a dreary earlier week, helped to a great extent through interests into unicorns. The complete endeavor subsidizing in the third week remained at $740 million when contrasted with $46
Is It Safe To Invest in Yes Bank Deposits?
For starters, let’s have a look at what came about to Yes Bank and whether or not things have changed, making it secure to make investments in the savings account and deposits of Yes Bank. The bank bumped into issues with unstable loans, in large part from some massive company houses, which tu
Nua brings $7.1 million up in pre-Series B financing round drove by Lightbox
Ladies wellbeing brand Nua has raised $7.1 million as a component of its pre-series B financing round, drove by existing financial backer Lightbox Ventures. Vindi Singh Banga and Kamini Banga of the Banga family office and Kae Capital additionally partook in the round. The brand likewise added Deepi
With Farmiso integration Meesho is taking on DealShare, CityMall
Social business major Meesho is hoping to twofold down on its basic food item contributions. The organization is currently coordinating its basic food item arm Farmiso within its center application in a bid to extend the scope of its staple conveyances before long, individuals mindful of the advance
Gurugram SaaS startup is building programming quicker via mechanizing the whole QA measure
Organizations think that its difficult to hold existing clients, and it is an additional weight in groups when clients leave unannounced. Truth be told, nine out of 10 clients leave to stay away forever when they discover blunders in applications, which stays uncertain for a really long time. Organi
Swiggy is ready to bring $450 million from SoftBank
SoftBank Vision Fund is concluding a $450-million interest in food conveyance application Swiggy, in the wake of having deferred a bet while it assessed the area for a couple of years, individuals acquainted with the improvement told ET. The arrangement is probably going to fix Swiggy’s valuat
BharatPe is offering work from Dubai, a Superbike of BMW and iPads to draw tech ability
Soonicon BharatPe, which is in talks to raise a fresh round of funding from Tiger Global, is going all out to shower tech talents with extravagance. The organization which offers fin-tech solutions for merchants plans to offer superbikes and Apple iPads among other things to significantly increase i
Manifest Climate Raised $6.5M in Seed Round
Our capacity to have an effect has authoritatively expanded. Show Climate today reported that it has finished a seed financing of $6.5 million with an extraordinary organization of driving innovation financial backers. The gathering incorporates Klass Capital, Golden Ventures, OMERS Ventures, Bryker
Transaction stated to value wellness startup around $1.6 billion
Silicon Valley telemedicine enterprise Hims Inc., which received reputation promoting erectile dysfunction and hair loss remedies on-line, is nearing a deal to move public via a merger with blank-check enterprise Oaktree Acquisition Corp., according to people with expertise of the matter. The deal,
Cron AI brings $4M in Series A drove by VenturEast, Kitaki Ventures
Cron AI a deeptech startup constructing a 3D information edge insight stage on Tuesday said it raised $4 million (about Rs 29.3 crore) in the Series A round drove by VenturEast and Kitaki Ventures. Existing financial backer YourNest Venture Capital additionally took an interest in the round. The sta
Reliance, BP Plc resolve to pay for any shortage in KG-D6 production to buyers
As per draft gas deals and buy arrangement (GSPA) Reliance and BP have shared alongside value revelation offers for steady gas from the R-Cluster fields in KG-D6 block, the merchants will repay purchaser cash identical to gas sourced from substitute source to compensate for any volumes they can̵
For Footprint Expansion, Andreessen Horowitz Leads Headway’s $70M Series B
A half year in the wake of declaring $32 million in a mix seed/Series A round, emotional wellness care framework supplier Headway is back with a considerably greater subsidising raise. This time, the organization brought $70 million up in Series B financing. The New York-based organization gives fre
Cashfree gathers up $35 Mn in Series B round drove by Apis Partners
Installment passage startup Cashfree has gathered up $35.3 million in its Series B round drove by London-based private value store Apis Partners’ Apis Growth Fund II. Existing financial specialists Y combinator and Smilegate Investments likewise partook in the round. A month ago, Entrackr had
French Amundi takes steps to sell SBI bonds over proposed Rs 5,000 cr Adani coal mineshaft credit
France-based Amundi, which is perhaps the biggest financial specialist in India’s State Bank of India (SBI), took steps to auction SBI green bonds held by it except if it stops its booked Rs 5,000 crore credit to Adani’s Carmichael coal mineshaft in Australia. “We consider SBI ough