Business

After Two Years Of Rivalry, Uber Joins Hands With Chinese Rival, Didi Chuxing
The Battle That Costed Uber over 2 Billions In the latest development, the infamous tussle between Uber and Didi Chuxing seems to have come to an end. The two were competing for the leading spot in China’s taxi-aggregation business. Now, Didi would be acquiring Uber’s Chinese operations, thus putting an

Voonik Raises Another $3 Million From Temasek-Backed InnoVen Capital
Another Funding for Voonik Who invested in whom? Voonik, a fashion e-commerce portal owned by Voonik Technologies has secured another $3 million from Temasek-backed InnoVen Capital. Previously the company had secured $20 million in its equity funding round. What will be the funds used for? The company has already secured

Israeli Startup Makes Lab Meat Without Killing It
Now, no more sufferings for the animal! It is not like Chicken; it is a Chicken For meat lovers, waving a goodbye to chicken is a little difficult. A part of the IndieGogo campaign, an Israeli startup called ‘Supermeat’ comes up with a well-advanced technology that makes the meat using

The Impossible Beef Veg Burger Is Here For Your Taste Buds
A Never-tasted-before delight for the Veggies! About The Impossible Foods Momofuku Nishi, Manhattan- based restaurant unveils a Veg burger, but with beef made from plants. David Chang, world’s renowned chef founded Momofuku group in 2004 with the opening of Momofuku Noodle Bar. Momofuku features restaurants in New York City, Sydney,

Startup Lets You Buy And Sell Unwanted Gift Vouchers
Now, Gift Vouchers will never get wasted! About Zeek Founded in 2014, Zeek is an Israeli startup that allows you to buy and sell unwanted gift vouchers. It’s dedicated app and marketplace can let you trade unwanted store credit, including gift vouchers, credit notes, gift cards and e-vouchers. The seller

Ford Backs Zoomcar In Series C
Another Investment by Ford in July! About the Funding Round Recently, Bangalore-based self-driving car rental startup Zoomcar raises $25 million in Series C round of funding, which was led by renowned American automaker Ford Motor Company. Existing investor Sequoia Capital along with new funder, Reliance Ventures also participated in the

Student Deal Startup, BigDeal, Secures Investment From EVC Ventures
With an eye on Student Spending In its Pre-Series A round of funding, student deal startup, BigDeal, has raised around $100,000 from EVC Ventures. Anil Jain, Managing Partner associated with EVC, led the round. The Delhi-based startup is now looking at expanding their operations. So What’s The BigDeal? In 2015,

Babajob Announces an Opening for ‘Pokemon Catcher’
Playing Games can make you Mint Money! What is PokemonGo? For you, it must have all started with playing a game. However, had you ever thought that you can turn into a professional Pokemon Hunter? PokemonGo is an augmented reality game that can be played on smartphones with players obsessively

First Myntra, Now Jabong- Flipkart Takes Them All
Jabong Gets Acquired Flipkart has acquired yet another fashion e-tailer, Jabong, from Global Fashion Group for $70 Mn. Flipkart, which had earlier acquired Myntra in 2014, has made a significant mark in consolidating the e-commerce market in India. With this acquisition, Flipkart now stands to attract 15 million combined active

Flipkart CFO Funds Cyber Security Startup, Lucideus
Startup values mentorship from investors more than their financial support Lucideus is a New Delhi-based cyber security startup. In recent times, this startup received funding from Flipkart CFO, Mr. Sanjay Baweja. However, the funding amount remains undisclosed. About Lucideus Co-founded in the year 2012 by Mr. Saket Modi, Lucideus provides