Lal10 – Noida-based artisan startup raises $1.1 Mn from Sorenson Impact
Noida, Uttar Pradesh-based B2B artisan startup Lal10 on Friday (13 March) raised $1.1 million in a seed funding round led by Sorenson Impact.
India
Funding rounds, acquisitions, regulatory shifts, and major business developments from across the Indian startup and technology landscape.
Shop101 – Mumbai-based social E-commerce startup raises INR 29 Cr funding
Mumbai, Maharashtra-based social E-commerce startup Shop101 on Friday raised INR 28.69 Cr (around $3.8 Mn) from in its ongoing Series C round
FamPay – Bengaluru-based fintech startup scoops $4.7 Mn from Y Combinator, Sequoia and others
Bengaluru-based fintech startup FamPay on Thursday raised $4.7 million from Y Combinator, Sequoia India, Venture Highway and Global Founders Capital (GFC)...
#BeAware – A research study on Online Abuse by Social Media Matters, DYT & IGPP
Social Media Matters with Do Your Thng, a creator-first community, and Institute for Governance, Policies and Politics to conduct a study #BeAware.
Ola Electric Mobility scoops $1 Mn funding from Hero MotoCorp’s Pawan Munjal
India's mobility unicorn Ola for its electric vehicle segment called Ola Electric Mobility has today raised $1 million from Pawan Munjal,
FIR lodged against ShareChat for copyright violation
Bengaluru, India-based social media startup owned by Mohalla Tech Pvt Ltd is having a tussle with the music company Lahari Recording Company.
Indian cricketer Ajinkya Rahane invests in organic food startup MeraKisan
Ajinkya Rahane, the vice-captain of India's test cricket team has invested in the Pune, Maharashtra-based organic food startup MeraKisan for a minority stake.
India’s OTT behemoth Hotstar joins forces with Disney to offer Disney Plus content in India
India's OTT giant Hotstar owned by Star Network from today (11 March 2020) started streaming Disney Plus content...
Koovs – India’s fashion e-commerce player lays off 50 percent employees
Koovs has derailed 140 employees which is about of half of its employee base, as reported by a number of publications last week.
YES Bank moratorium – crisis, impact on UPI transactions & startups
The Reserve Bank of India (RBI) on Thursday (5 March) imposed a moratorium on YES Bank capping the withdrawal limit to INR 50,000 per depositor till 3 April.
Leap Finance scoops $5.5 Mn in seed from Sequoia
Bengaluru, India-based Leap Finance, a fintech startup that offers loans to students, on Tuesday raised $5.5 in a seed funding round led by Sequoia.
Sleepy Owl – Coffee startup raises undisclosed amount from Rukam Capital
Delhi-based Sleepy Owl, a coffee brand yesterday announced that it has raised an undisclosed amount in a venture round from Rukam Capital