Paytm on Thursday said it has acquired a majority stake in Insider.in, the ticketing arm of events company OML Entertainment. The acquisition, terms of which are undisclosed, will allow Paytm to integrate events listed...
Mswipe raises $31 million in fourth funding round
Independent PoS (point of sale) merchant acquirer and network provider Mswipe Technologies on Wednesday announced a Series D, or fourth strategic round of funding of $31 million. UC-RNT fund, a joint venture between...
Pune-based BVG India planning Rs1,000 crore IPO
Pune-based facility management company BVG India Ltd plans to raise up to Rs1000 crore from an initial public offering (IPO), two people directly aware of the matter said. The proposed offering is in the early stages of...
Swiggy gets $80 million from Naspers and others, gains financial heft against Zomato
Online food delivery start-up Swiggy (Bundl Technologies Pvt. Ltd) Tuesday said it has raised $80 million in a Series E funding round led by South African media company Naspers Ltd. The fresh funds could help the...
Silicon Valley’s Tanium allows $100 million secondary stock sale, sees later IPO
Highly valued security company Tanium Inc is allowing its co-founder, employees and some early investors to sell $100 million of stock to private equity and venture funds in a secondary sale that reduces pressure for an...
Yum China to buy majority stake in delivery services firm Daojia
Yum China Holdings Inc (YUMC.N) said it would buy a controlling stake in food delivery services firm Daojia to expand delivery services for its KFC and Pizza Hut chains in the country. Terms of the deal to buy the...
Zomato in talks to buy delivery start-up Runnr in $20 million deal
Food-technology start-up Zomato Media Pvt. Ltd is in advanced talks to acquire delivery start-up Runnr (Carthero Technologies Pvt. Ltd) in a move that will help Zomato strengthen its food delivery business, according to...
NestAway buys rival Zenify to offer home rental solutions to families
Home rental start-up NestAway Technologies Pvt. Ltd has acquired smaller rival Zenify (City Synapse Information Pvt. Ltd) for an undisclosed amount, a move that will help NestAway expand its offerings for families, the...
Quikr acquires home services start-up Zimmber in a $10 million all-stock deal
Online classifieds company Quikr India Pvt. Ltd has acquired home services start-up Zimmber (Rejuvenate Solutions Pvt. Ltd) for about $10 million in an all-stock deal, in the attempt to strengthen its position in the...
Ola raises Rs 670 cr from Ratan Tata-backed fund, other investors
SoftBank-backed Ola has raised Rs 670 crore ($104.4 million) in fresh funding from investors including UC-RNT Fund, a venture between the University of California and Ratan Tata. While UC-RNT Fund has pumped in Rs 267...
Ola may raise $100 million more, four months after SoftBank’s investment
Ride-hailing service Ola (ANI Technologies Pvt. Ltd) is likely to raise another $100 million from investors, four months after the company raised about $250 million from its largest shareholder, Japan’s SoftBank Group...
Be U Salon chain raises Rs 4 crore from investors
Salon chain ‘Be U Salons’ on Monday said that it has raised Rs 4 crore ($600,000) from a consortium of investors from the UAE, Singapore, and India to fund its expansion plans. Be U Salons has 20 outlets...
