RedStart Labs (India) has invested close to Rs 1 crore in Bengaluru-based health technology startup BrainSightAI, according to PTI report. RedStart Labs is a wholly-owned subsidiary of technology company InfoEdge. RedStart holds 4 per cent stake in BrainSightAI on a fully converted and diluted basis. However, aggregate shareholding of the company after the current investment…
Skylark Drones, a drone platform startup, has announced that it has raised $3 million in InfoEdge Ventures and IAN Fund led pre-series A funding round. Fowler Westrup, AdvantEdge Founders, Vimson Group, Redstart Labs and IKP also participated in the latest round. Skylark Drones is a technology company that is building the core infrastructure for the…
Zomato Media Private Ltd has announced to acquire Uber’s Food Delivery Business in India, UberEats, in an all-stock transaction. As per a stock exchange filing by Zomato, the deal gives Uber a 9.99% stake in the company. Post-acquisition, UberEats will discontinue operations in India that include direct restaurants, delivery partners and users of its apps.…