Mailit Get’s A Big Investor
In this Pandemic scenario, logistic startup has seen a boost in investments with companies such as Ecom Xpress, Unicorn gaining investors from all around the globe. The logistic scenario has…
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Dunzo Seeking $150million in Funding
The startup that is backed by Google and operates in 8 most traffic clogged cities seeks to extend its reach across the country reaching $1 billion revenue in the next…
Continue readingCityMall Raises $11million In New Funding
Online grocery platform Citymall has just raised $11 million on Thursday as a part of its Series A funding round led by Acel Partners. Elevation Capital, Jungle Ventures and WaterBridge…
Continue reading$6.5 million settlement paid by Coinbase to CFTC
In a Friday statement released by Commodity Futures Trading Commission(CFTC) has said that cryptocurrency exchange platform Coinbase has paid $6.5 million dollars to settle regulator’s claims alleging misleading transaction of…
Continue readingAs Wunderlist shuts down, its founder announces a new productivity app called Superlist
Wunderlist [https://www.wunderlist.com/]is going away, but fans of the productivity app may find some consolation in founder Christian Reber?s announcement that he is launching a new startup calledSuperlist [https://superlistapp.com/]. ?Superlist will…
Continue readingIndian education startup Byju’s is fundraising at a $10B valuation
Byju?s [https://byjus.com/], an education learning startup in India that has seen a surge in its popularity in recent weeks amid the coronavirus outbreak, is in talks to raise as much…
Continue readingINVENT-Backed 160 Indian Startups Raised $18.6 Mn In 3 Years
The Innovative Ventures and Technologies for Development (INVENT), a British government-supported programme, has successfully incubated 160 startups in low-income states of India since its inception in 2016. Initially, the programme…
Continue readingZoho launches Catalyst, a new developer platform with a focus on microservices
Zoho [https://crunchbase.com/organization/zoho]may be one of the most underrated tech companies. The 23-year-old company, which at this point offers more than 45 products, has never taken outside funding and has no…
Continue readingWeWork pulls thousands of phone booths out of service over formaldehyde scare
WeWork, the co-working empire once valued at $47 billion beforereality struck [https://techcrunch.com/2019/09/24/report-weworks-adam-neumann-to-step-down-as-ceo/] , plunging the business and its investors into crisis, has another problem to add to its growing pile…
Continue readingQuadrigaCX Founder’s Widow Will Cough Up $9 Million to Repay Users
Jennifer Robertson, the widow of QuadrigaCX founder Gerald Cotten, is transferring nearly $9 million ($12 million CAD) in assets to EY Canada, the bankruptcy trustee for the now-defunct crypto exchange….
Continue readingGovt Boasts Of Indian Startup Ecosystem, Hopeful To Cross 1 Lakh Mark By 2024
Guruprasad Mohapatra, DPIIT secretary said this change has been accelerated since 2015-16 Shailendra Singh, MD, Sequoia Capital India, said that Indian startups have come into their own in the last…
Continue readingIndia’s Udaan raises $585M to expand its B2B e-commerce platform
Udaan, [https://crunchbase.com/organization/udaan]a three-year-old business-to-business e-commerce platform in India, has raised more than half a billion dollars in a new financing round as it looks to bring more kirana stores (neighborhood…
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