BCCL Invests Rs.130 crore in Quikr A huge development of Quikr reveals recently, the online classifieds firm is trying its best to get a unicorn status. It has increased up to Rs.130 crore from BCCL, as per the filed documents with the Registrar Companies, Brand Equity Treaties Ltd that owns

India’s new tech unicorn! About the funding Hike, known as the competing messenger app of WhatsApp has raised $175 million in Series D round of funding, which was led by Tencent and Foxconn. These funds made the company’s valuation to $1.4 billion. The existing investors are Softbank Bharti ($7 million)

OYO Rooms getting bigger and better! Founded in 2013 by Ritesh Agarwal, OYO Rooms raised a whopping $62mn from its existing investor- Japan’s SoftBank Group Corp. with no participation from other existing investors including Greenoaks Capital, Sequoia Capital, and Lightspeed Venture Partners. Gurugram-based budget hotel aggregator OYO Rooms is India’s

Genext Students growing as a team! Funding Genext A crowdfunding platform for startups 1Crowd not only helps you raise funds but also co-invests in your company and connects you with their network of partners. Recently, Genext Students raised a funding of $209K (INR 1.4Cr) from 1Crowd. The funds will be used to accelerate product

Local Technology Dreams to Go Global! About Atomo Diagnostics Microsoft founder Bill Gates backs Australian biotech startup Atomo Diagnostics. Launched in 2010, Atomo has developed a unique testing platform that enables quick, accurate and cost-effective point-of-care and consumer diagnostics. These developed solutions cut down the error rates, improve care and

Achieving Wefly’s dream to fly is closer to reality! Hong Kong-based investment firm Swastika Company has acquired a 20% stake in the Mumbai-based startup, Wefly. As part of the contract, Vaibhav Jain, director at Swastika, will also be coming on board as a partner for the company. The deal amount

Stepping in the Food Industry! Funding YumLane Launched in March this year, Mumbai-based packaged food startup YumLane recently raises $1 million (INR 6.6 crore) in seed funding round led by Flipkart Co-founder and CEO Binny Bansal. People Group Founder Anupam Mittal, MakeMyTrip Co-founder Sachin Bhatia and Darius Pandole, partner at

Liquefy your assets globally! About Jeeten Desai Jeeten Desai is the former employee of Housing.com launched Pinvest, wealth management startup. Desai has worked with Housing.com in Hyderabad, where was in charge of setting up their marketing team in the city. He was driving growth in a startup environment and escalating

Stepping in the Software World! PayPal Funding Pulsate Headquartered in Dublin and founded by Patrick Leddy 4 years ago, Pulsate is a mobile marketing software startup. The renowned global payments company, PayPal, government agencies as well as a leading investment fund backs an Irish startup, Pulsate with $ 1.5 Million

Ridlr Brings Public Transport Information To Your Mobile Who funded whom? Ridlr, an app that helps in public transport information secured $6 million in series B funding by Times Internet and previous investors, Matrix Partners India, and Qualcomm Ventures. Beside that, venture debt provider, Innoven Capital, also participated in this