Business
PaGaLGuY owned ‘Prepathon’ Seeks an undisclosed amount of fund
Prepathon has raised an undisclosed amount of funds from Blume Ventures for adding more educational courses to the app. Created in 2015 by PaGaLGuY.com, Prepathon is a learning app for enhancing education for students through virtual lectures that prepare them for appearing in competitive exams. PaGaLGuY is the India’s largest
Lenskart to secure funds of Rs. 4 billion
Lenskart Solutions Pvt. Ltd. raised funds of Rs. 4 billion from several investors including Ratan Tata, Infosys’s Co-founder, World Bank arm IFC and so on. The renowned e-commerce website selling eyewear, Lenskart, which was founded in 2010, has raised a huge sum of Rs. 4 billion funding from Ratan Tata,
Myntra to relaunch it’s desktop site on 1st of June.
Myntra is one of the leading e-commerce sites in India. In fact it is ranked fourth in India by a website called StartupRanking. It had switched to ‘App Only’ mode last year. India’s largest e-commerce site, Flipkart owns Myntra, which is quite reputed for the variety the brands it offers.
Zuver seeks seed funding of $0.18 million
Zuver, a Mumbai-based on-demand driver provider startup, has raised funds of $0.18 million. In Indian currency, Zuver has raised a capital of Rs. 12 million from Shruth and Smith Hondings, an IT consulting and infrastructure management group in Bangalore and Hermes Group, a retail assisted e-commerce network in Mumbai. Founded
CarDekho acquires a Virtual Reality based startup
Volob technologies, a virtual reality startup is by far CarDekho’s third acquisition this year. The motive behind Volob’s acquisition is to enhance the visual experience of the car buyers in real and virtual settings. Jaipur based Girnar Software Pvt. Ltd, which owns CarDekho along with other online portals like Gaadi.com
Mumbai based Startup, Moto Mojo seeks Angel Funding from Ventes Avenues.
Moto Mojo, a vehicle maintenance startup receives angel funding of an undisclosed amount from Ventes Avenues. Recently launched by Uttam Arjun, Moto Mojo, a vehicle maintenance startup based in Mumbai receives angel funding from Ventes Avenues. The co-founders of Ventes Avenue are Niloufer Dundh, Fauzan Rahim and Balamurugan Mani. The
Hey Didi, an Initiative Taken to Empower Women Plans Expansion
Hey Didi is parcel delivery service as well as a transport service for women, by women, and is planning to have additional 5,000 scooters by the end of 2016. Launched on International Women’s Day 2016 at NSCI in Mumbai, Hey Didi is an initiative by Revathi Roy that provides safe
Online Beauty Startup, Amber Wellness Shuts Down
Amber Wellness, an online platform offering beauty services, closes down in Bangalore, Mumbai and Delhi. Founded by Ex Co-founder of Housing.com, Abhimanyu Dhamija and IIT graduate, Saurabh Goel in August 2015, Amber Wellness is an online beauty startup that has recently shut down in Indian cities of Bangalore, Delhi and
DriveU acquired CallAtHome for an undisclosed amount.
Founded in June last year, DriveU is driving its way to success by acquiring Gurgaon based CallAtHome, an on-demand drivers for private cars owners. DriveU is a Bangalore based firm which offers a collective service of on- demand drivers for private car owners. In February this year, it has raised
WIPRO unveils first All-Women IT Park in Saudi Arabia
Wipro with its partners has set up the first all Women Business and Technology Park in Riyadh. One of the top-notch IT Companies around the globe, Wipro is associated with Saudi Arabia since more than a decade. Recently, it inaugurated Saudi Arabia’s first all Women Business and Technology Park (WBP)