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Zomato food delivery business pushes revenue to $206 million

Zomato food delivery business pushes revenue to $206 million

08 Apr, 2019 - By ADMIN

Food delivery and restaurant discovery company Zomato has recorded $206 million (about Rs 1,339 crore) in revenue for FY19, a three-fold jump in topline on-year, driven primarily by its core food delivery business.

Startup

Read More : Economictimes

Funding Galore: Indian Startup Funding Of The Week [1-6 Apr]

Funding Galore: Indian Startup Funding Of The Week [1-6 Apr]

06 Apr, 2019 - By ADMIN

This week one of the biggest funding came to Bengaluru-headquartered logistics startup BlackBuck which raised INR 553 Cr ($79.9 Mn) in a Series D round from Accel Partners US, Goldman Sachs and B-Capital.

Startup

Read More : Inc42

After Ola, Karnataka Transport Dept Looks To Stop Bike-Taxi Startup Rapido

After Ola, Karnataka Transport Dept Looks To Stop Bike-Taxi Startup Rapido

06 Apr, 2019 - By ADMIN

After Ola, the Karnataka state transport department is now looking to stop the services of bike taxi company Rapido.

Startup

Read More : Inc42

Lending startups look to raise fresh funding

Lending startups look to raise fresh funding

05 Apr, 2019 - By ADMIN

Several lending startups in India are returning to raise fresh equity because of an easing of the liquidity situation.

Startup

Read More : Livemint

Oyo Rooms looks to build own cloud kitchen brands

Oyo Rooms looks to build own cloud kitchen brands

05 Apr, 2019 - By ADMIN

Budget hotel startup Oyo Rooms (Oravel Stays Pvt. Ltd) plans to create cloud kitchen brands, as part of its strategy to become a full-fledged hospitality chain.

Startup

Read More : Livemint

DSG marks first close of $50 million third fund

DSG marks first close of $50 million third fund

04 Apr, 2019 - By ADMIN

Early-stage consumer-focussed investor DSG Consumer Partners has marked the first close of its $50 million third fund—DSGCP III—at $30 million, said the fund’s founder and managing director Deepak Shahdadpuri in an interview.

Startup

Read More : Livemint

Little Black Book raises $5 million from Inventus, IAN Fund and others

Little Black Book raises $5 million from Inventus, IAN Fund and others

04 Apr, 2019 - By ADMIN

 Online discovery and shopping platform Little Black Book (LBB) on Wednesday said that it has raised $5 million in Series-A funding round led by venture capital firm Inventus India and Indian Angel Network (IAN) Fund.

Startup

Read More : Livemint

Oyo cuts losses to 10 of overall sales in 2018-19

Oyo cuts losses to 10% of overall sales in 2018-19

03 Apr, 2019 - By ADMIN

 Budget hotel startup Oyo (Oravel Stays Pvt. Ltd) has cut its estimated net loss to a tenth of its overall sales in 2018-19 even as it continued to focus on expanding in India and South Asia, said Aditya Ghosh, the company’s chief executive officer.

Startup

Read More : Livemint

Mahindra said to lead $500 million Zoomcar funding round

Mahindra said to lead $500 million Zoomcar funding round

03 Apr, 2019 - By ADMIN

Self-drive car rental platform Zoomcar (ZoomCar India Pvt. Ltd) is in talks to raise around $500 million in a fresh funding round led by automaker Mahindra and Mahindra Ltd, said two people aware of the development.

Startup

Read More : Livemint

Flipkart co-founder and other top names join AngelList’s first investment syndicate in India

Flipkart co-founder and other top names join AngelList’s first investment syndicate in India

02 Apr, 2019 - By ADMIN

A little over a year after it introduced Syndicates to the India market, AngelList — the U.S. service that helps connect companies with investors — is rolling out its own fund in the country with the backing of some stellar names.

Startup

Read More : Techcrunch

Online catering marketplace ezCater gets another $150M at a $1.25B valuation

Online catering marketplace ezCater gets another $150M at a $1.25B valuation

02 Apr, 2019 - By ADMIN

In 2007, Stefania Mallett and Briscoe Rodgers conceived of ezCater,  an online marketplace for business catering, and began building the company in Mallet’s Boston home, mostly at her kitchen table.

Startup

Read More : Techcrunch

Ninjacart became a B2B agritech startup

Ninjacart became a B2B agritech startup

01 Apr, 2019 - By ADMIN

When we started Ninjacart in 2015 as a B2C hyperlocal grocery delivery platform, our main aim was to help retailers take their inventory online.

Startup

Read More : Livemint

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