Flipkart to acquire Walmart’s cash-and-carry business in India
The present case of dissipation of Walmart in India is gravitating its decision of selling its cash-and-carry business to Flipkart.
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Latest developments in startups, business, and technology across India, MENA, North America, Europe, and global markets. Stay informed with breaking news, in-depth reporting, and expert analysis on entrepreneurship, innovation, and emerging trends.
Info Edge launches INR 100 Cr VC fund to back tech startups in India
Info Edge today has made the announcement of the launch of its INR 100 crore VC fund under the name Info Edge Venture Fund (IEVF)
Livspace – Bengaluru-based home decor startup scoops $60 Mn funding
The Gurgaon, India-based Livspace, a home decor startup has today announced that it has raised $60 million in a funding round...
MyMobiforce introduces Mobi-Care for workplace benefits of on-demand field force
MyMobiforce - AI-based leading crowd-sourcing startup has launched a new Initiative ‘Mobicare’ in India, to provide workplace benefits to the on-demand field force.
Berkeley-based foodtech company Memphis Meats raises $161 Mn from Richard Branson, Prince Khaled, Softbank and others
The leading cell-based meat, poultry and seafood company Memphis Meats has announced the close of a $161 million funding round...
DIFC’s FinTech Hive reveals ‘Scale Up Programme’ for FinTech startups
DIFC’s FinTech Hive revealed the launch of a new funding accelerator programme for FinTech start-ups in the MEASA region...
Zomato acquires Uber Eats for INR 2,485 Cr
India's foodtech unicorn Zomato backed with Alibaba's Ant Financial has reportedly acquired Uber Eats for INR 2,485 crore...
WishADish – Delhi-based restaurant management platform partners with Helter Skelter Cafe
WishADish Brings Automation to Helter Skelter Café thus Increases its Revenue by 3X; introduces Waitlist Management Feature to Decrease the Long Queues...
Prince Khaled’s KBW Ventures invests in Singapore biotech startup TurtleTree Labs
The pre-seed round was led by Lever VC with K2 Global and KBW Ventures joining the round and backing TurtleTree Labs’ first raise
Dubai’s Global Ventures appoints Ex-Jamalon COO as the Operating Partner
Dubai-based Global Ventures appoints Said Murad as the Operating Partner. Murad is the former COO of Jamalon, a Jordan-based online books marketplace.
Morocco’s Mubawab raises $7 Mn from UAE’s Emerging Markets Property Group
Mubawab, Casablanca, Morocco-based real-estate platform last week raised $7 Mn from UAE's Emerging Markets Property Group (EMPG) to accelerate its growth.
Gamerji – Gujarat-based eSports startup raises $400K
Ahmedabad, Gujarat headquartered eSports startup Gamerji on Thursday (16 January) raised $400,000 from La Gajjar Group, an investment firm from Ahmedabad