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TravelTriangle, India’s leading online holiday marketplace, has raised $8.6 Mn in Series D led by South Korea-based KB Global Platform fund and Nandan Nilekani-led The Fundamentum Partnership Fund I. Others investors include SAIF Partners, Bessemer Venture Partners, RB investments also participate in this round. The company was founded by Sankalp Agarwal, Prabhat Gupta and Sanchit…
Multibhashi, an Android app to learn languages most effectively and effortlessly, has raised its latest round of investment received from a set of investors led by RareJob Inc., one of the leading online English learning players listed in Japan. The company was founded by Anuradha Agarwal in 2017 Today Multibhashi has more than 1.5 million…
Healthians, India’s largest health test @home service provider, has raised Rs 85 crore in Series B led by DG Incubation and DG Daiwa Ventures of Japan with participation from Kotak Private Equity and Trifecta from India, and Mistletoe and Tokio Marine from Singapore. The company was founded by Deepak Sahni in 2013. In August 2016,…
MedikaBazaar, a B2B online platform for medical supplies and equipment, has raised $15 Mn in a funding round led by HealthQuad, Ackermans & van Haaren, Rebright Partners and Toppan Printing company. The company was founded by Vivek Tiwari and Ketan Malkan in 2015. In 2017, the startup has raised $1 Mn in Pre-Series A from…
Vogo, India’s first automated scooter rental startup, has raised Rs 28.3 crore in the ongoing Series C funding round from existing investors Matrix Partners, Stellaris Venture Partners, and Kalaari Capital. The company was founded by Anand Ayyadurai in 2016. Earlier in June 2019, VOGO also secured an undisclosed amount from former Myntra CEO Ananth Narayanan,…
BlaizeTM, new-generation computing unleashing the potential of AI to enable leaps in the value technology delivers to improve the way we all work and live, has emerged from stealth unveiling a ground-breaking next-generation computing architecture that precisely meets the demands and complexity of new computational workloads found in artificial intelligence (AI) applications. In cadence with…
Anil Dhirubhai Ambani, Chairman of the Reliance Group (including, Reliance Communications, Reliance Capital, Reliance Infrastructure, and Reliance Power), has resigned from his position as Director of Reliance Communications, along with four others. Smt. Chhaya Virani, Smt. Ryna Karani, Smt. Manjari Kacker and Shri Suresh Rangachar have tendered their resignation from the office of Director. Also,…
Markus Duesmann will succeed Bram Schot as CEO of Audi. His appointment will be effective from April 1, 2020. The incumbent CEO, Bram Schot, has been in this role since June 2018. Duesmann has been active in the automotive industry for almost three decades, most recently as Board of Management Member for Purchasing at BMW.…
World’s leading investment firm, Blackstone and India’s largest integrated fashion company, Future Lifestyle Fashions Limited (FLFL) have announced that funds managed by Blackstone have invested ₹1,750cr in Ryka Commercial Ventures Pvt Ltd, the holding company of FLFL, and FLFL. With this transaction, Blackstone will be the only financial partner in Ryka. As a part of…
Restaurant chain, Burger Singh has raised a fresh funding round led by Singapore-based venture capital firm RB Investments. The amount of funding is undisclosed. As per media reports, the company has reportedly raised about $6 Mn till now. In April the company said it had raised over $4 mn in two rounds of pre-seed funding…
Here’s a new platform to seek new skill based talent in India. IndiaSkills 2020 provides a platform for skilled and talented Indian youngsters to showcase their abilities at regional and national level competitions in over 50 skills. It is a biennial competition to scout talent from the country, offering them a platform to showcase their…
Niki.ai, India’s first B2C commerce platform that provides a voice centred and local language based user experience, has raised an undisclosed amount in Series A funding round led by EMVC. Other existing investors including Ratan Tata, Ronnie Screwvala’s Unilazer Ventures, Haresh Chawla, and Japan’s Recruit Partners also participated in this round. The company was founded…
Navi Technologies, a consumer-centric and technology-driven business in the BFSI (Banking, Financial Services & Insurance) space, has received about Rs. 888 cr from its founder Sachin Bansal. Navi Technologies was earlier known as BAC Acquisitions. The company was founded by Sachin Bansal & Ankit Agarwal in 2018. Sachin Bansal also invested $3 million each in…
StyleCracker, an online personal styling platform backed by Bollywood actor Alia Bhatt, has raised $2 Mn from US-based investor AMJ Ventures. The company was founded by Dhimaan Shah & Archana Walavalkar in 2015. Previously, AMJ has invested in Indian startups like Avail Finance, a Bengaluru-based loan financing service and Propelld, a company which provides finances…
UPL Limited, an Indian multinational company that manufactures and markets agrochemicals, industrial chemicals, chemical intermediates, and specialty chemicals, and also offers crop protection solutions, has entered into definitive agreements to acquire 100% shares of Yoloo (Laoting) Bio-technology Co., Ltd. (“Laoting Yoloo”), an agrochemical company based in Hebei Province, China, from Beijing Yoloo Bio-Technology Corp., Ltd…