Software-as-a-service (SaaS) startup, Qapita, on Tuesday said it has raised $5 million as part of its Pre-Series A round led by MassMutual Ventures. Endiya Partners, along with other angel investors, including Anjali...
Sirona Hygiene raises $3 million in Series A funding
Maker of female hygiene products, Sirona Hygiene on Tuesday announced that it has raised $3 million as a part of its Series A funding from NB Ventures and IAN Fund. According to the company, the funding will be used to...
Indian dating app TrulyMadly raises Rs16 crore in pre-series A round
New DelhiHomegrown dating app TrulyMadly on Tuesday announced a pre-series A funding round of Rs16 crore (approximately $2.1 million). PayTM founder Vijay Shekhar Sharma, and InMobi co-founders Abhay Singhal and Piyush...
Mobile Premier League acquires GamingMonk; launches Esports Arena
Esports and skill gaming platform Mobile Premier League (MPL) on Tuesday said it has acquired esports gaming platform GamingMonk for an undisclosed amount. GamingMonk hosts esports tournaments across multiple platforms...
Whatfix in talks to raise up to $90 million from SoftBank VF
Software-as-a-service (SaaS) startup Whatfix is in active talks to raise $80-90 million as a part of its Series D round, led by SoftBank Vision Fund II, at a valuation of $500-550 million, said two people aware of the...
Tiger in talks to invest $100 mn in GoMechanic
Tiger Global, the US investment fund that made a string of big bets on Indian startups in a span of a few weeks, is looking to write another large cheque soon for GoMechanic, a Gurugram-based vehicle service and repair...
Tech Mahindra acquires DigitalOnUs for $120 million
IT major Tech Mahindra on Monday said it has acquired DigitalOnUS, a hybrid cloud and DevOps services provider, for $120 million (about ₹898 crore) to augment hybrid-cloud offerings for enterprise customers globally...
Cloud firm Druva raises $147 mn at a valuation of $2 bn
Cloud data protection and management services provider Druva Inc. has raised $147 million in its latest round of fundraising from Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) and Neuberger Berman...
SC halts all proceedings in Amazon-Future case in HC
The Supreme Court on Monday halted all legal proceedings between Amazon.com Inc. and Future Group in the Delhi high court over the Kishore Biyani-led retail chain’s proposed ₹24,713 crore asset sale to Reliance...
Expect Religare Finvest’s debt restructuring to be over in 2 months,: Official
With debt restructuring plan getting approved by a consortium of 18 lenders led by SBI, Religare Finvest Ltd is gearing up for new business, Religare Enterprises Chairperson Rashmi Saluja said. RFL, an NBFC arm of...
Ant Group denies report that it’s exploring ways for Jack Ma to sell stake
Ant Group denied a report that the Chinese finance-technology company is exploring ways for founder Jack Ma to sell his stake and give up control as a means to ease pressure from the country’s regulators. Reuters...
Promoters of packaging firm Polyplex plan to exit via ₹1,500 crore stake sale
Businessman Sanjiv Saraf and his family aim to sell their promoter holding in Noida-based polyester film making firm Polyplex Corp. Ltd for at least ₹1,500 crore. The sale comes as the equity market reflects a premium...
