NEWS AT A GLANCE
'Info Edge' and Others Invest in E-Commerce Platform 'ShopKirana'
'Mumbai Angels Network' Invests in Startup 'Fric Bergen'
Walmart India Shuffles Top Management, Appoints New Head
Priyanka Chopra-Backed 'Bumble' Debuts in India
Zomato signs in 'Durga Raghunath' to accelerate growth in businesses>

Tag Archives: startup

Snapdeal declines $700-750 million buyout from Flipkart

Another major setback for Flipkart and Snapdeal ! This deal has seen troubles from the beginning. However, the final settlement and fate of the deal will depend on negotiations between SoftBank Group Corp. and Tiger Global Management, two largest shareholders in Snapdeal and Flipkart respectively. SoftBank has been aggressive in pitching for a sale since…
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Nilekani and Aggarwal set up ‘Fundamentum’

Startups to get support from Fundamentum Nandan Nilekani mentioned that he would stop investing personally in startups beyond 12 he has already invested in and will invest further through Fundamentum only. The fund, however shall not invest in financial or education technology. To quote him further, “I have been doing investments for the past few…
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Dibz: Click, Eat, Save!

Switch to Dibz for your latest desire! It seems that almost every day, you are invited to download a new app which will make your life easier. There are apps to find a restaurant and those to deliver from the same restaurants. But most of them seem to become extinct almost as soon as you…
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Reliance Capital arm invests into Billionloans

Reliance Capital expands its consumer lending business Billionloans Financial Services (Billionloans) on Monday announced that it had closed a seed funding round of approx. Rs 7 crore (US$ 1 million) from Reliance Corporate Advisory Services Limited, a wholly-owned subsidiary of Reliance Capital, according to a company press statement. V Balakrishnan, the ex-member of the Board…
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