With 45 Mn MAUs, Google Pay hit $81 Bn annualised transaction run rate in March Google’s UPI-based payment app Google Pay has seen remarkable growth since its 18 months of launch in India. Escalating on the back of UPI growth, Google Pay has hit $81 billion annualised transaction run-rate in March. Read More Paytm Valuation To…
Ahead Of IPL, Flipkart’s PhonePe Receives $107.6 Mn Cash Infusion Flipkart owned online payment company PhonePe has raised $107.6 Mn from its Singapore-based parent entity PhonePe Pvt Ltd, formerly known as Flipkart Payments. Read More Xiaomi Bets Big On India Play With Latest Infusion Of $507 Mn This week one of the biggest fundings came to…
Amazon-Backed Acko Raises Fresh $65 Mn In Series C From Binny Bansal, RPS Ventures, Others Mumbai-based online-only insurance startup Acko has raised $65 Mn in Series C funding from a bunch of existing as well as new investors. Read More Hotstar Raises $153 Mn To Up Its Game For The Indian OTT Market Star India…
PitchBiz- Investors meet Founders” is a flagship initiative to unleash the entrepreneurial spirit and to host the profusion of opportunities of funding and mentorship in a live 10-min pitch session to assimilate the ideas and their implementation. All the participants presented their versatile ideas which were from domains such as agriculture, medicine, transportation, and logistics….
Hyundai In Talks To Invest In Ola To Support Its Electric Vehicle Foray South-Korean automaker Hyundai Motors is reportedly in talks with Bengaluru-based cab hailing giant Ola to invest up to $200 Mn – $300 Mn. Read More ShareChat in talks to raise $200M in fresh funding ShareChat, a regional language social media platform, is…
Given these numbers, and given how boring and repetitive grocery shopping can be, it’s no surprise grocery delivery startups like Instacart have achieved $2 billion+ valuations. Grocery delivery startups are so popular, there are other startups that help you bootstrap your own grocery-shopping-as-a-service startup. Initially, this may only be profitable for high-rises that are big…
Deloitte Pegs India’s E-commerce Market at $200 Bn, To Cross $1 Tn By 2021 E-commerce will be the engine of the next level of Indian consumer growth in 2019, stated a Deloitte India and Retailers Association of India report. The report has valued India’s e-commerce marketplace at $200 Bn and predicted its growth to $1.2 Tn…
How early-stage startups raise money This is the second round of fund raising completed by the Gurgaon-based D2C Consulting, which owns and operates RenewBuy. Options include going to friends and family, crowdfunding, dipping into one’s savings, or, if one is lucky, finding an angel investorBENGALURU: The first ‘round of funding’ Abhishek Latthe got when he was setting…
