Zomato cancels acquisition of drone startup TechEagle
TechEagle, a Lucknow-based drone startup which was acquihired by the foodtech giant Zomato has got its acquisition deal cancelled.
India
Funding rounds, acquisitions, regulatory shifts, and major business developments from across the Indian startup and technology landscape.
India’s InCred acquires digital lending platform Qbera
Mumbai-based InCred, an NBFC that provides loans digitally such as home loans, business loans and personal loans has acquired Qbera
o9 Solutions raises $100 Mn funding from Kohlberg Kravis Roberts
o9 Solutions is an integrated business planning solutions provider headquartered in Texas, US. The company today announced that it has raised $100 million
Airtel invests in edtech startup Lattu Media for 10% stake
The telecom major Bharti Airtel yesterday announced that it has invested an undisclosed amount in the Mumbai-based edtech startup Lattu Media
OkCredit raises INR 80 Cr funding from its parent entity
Haryana-based OKCredit last week announced that the company has raised INR 80 crore (around over $10 million) from its parent entity, OkTech Inc.
India’s TikTok rival Mitron app controversy & Pakistani connection myth
India's TikTok rival, the Mitron app has been making headlines since its launch and in the recent days, a controversy regarding the app's connection with Pakistan
Kris Gopalakrishnan – co-founder of Infosys and chairman of Axilor Ventures invests in Myelin Foundry
Bengaluru-based deep tech startup Myelin Foundry on Thursday announced that the company raised an undisclosded amount from Kris Gopalakrishnan
Piaggio India launches e-commerce platform for Vespa and Aprilia
The Indian arm of the Italian automobile manufacturer, Piaggio on June 10 announced that the company has launched an e-commerce store
Anil Valluri joins Google Cloud India as Senior Director
Google Cloud has reportedly appointed Anil Valluri as Senior Director for Google Cloud in India. The announcement came yesterday
Bengaluru-based HealthPlix raises $6 Mn in Series B round led by JSW Ventures
Bengaluru-based healthtech startup HealthPlix yesterday raised $6 million in a Series B round led by JSW Ventures with participation from existing investors
Gurugram-based Yolo Bus raises $3.3 Mn in a Series-A round from Nexus Venture Partners
India's Yolo Bus that standardises inter-city bus travel, today announced that the company has raised $3.3 million in a Series-A round led by Nexus Venture
Wooden Street – Jaipur-based custom furniture startup scoops $3 Mn funding
Jaipur, India-based custom furniture startup Wooden Street on Tuesday (June 2) raised $3 million in a Series A funding round from the Indian Angel Network