Month: July 2019

Funding News Ritesh Agarwal, group chief executive of Oyo Hotels & Homes, is undertaking one of the largest stock buybacks by an Indian entrepreneur. Read more on ET Tech Electric vehicle (EV) operator SmartE, which provides electric three-wheelers for last-mile connectivity at metro stations,...

Funding News Premium tea brand Teabox has raised an undisclosed sum in fresh funding, led by Dubai-based NB Ventures, the Siliguri and Bengaluru-based company announced on Thursday. Read more on ET Tech Sachin Bansal, former co-Founder of Flipkart, is mulling a foray into the mutual fund space....

Industry News Icertis has become the latest software-as-a-service (SaaS) firm to be valued at more than $1 billion, after the enterprise contract management software provider raised $115 million in fresh funding led by US-based venture capital firm Greycroft and Premji Invest. Read more on ET T...

TiE Delhi-NCR in News   Most teens are content with securing admission into a good college, but Delhi-based Tanmaay Khurana, 17, and Lakshay Chhabra, 18, wanted more. The duo decided to embrace entrepreneurship while pursuing their degree course. Their hyperlocal delivery startup, Jhutpat, ...

Funding News   Unicorn India Ventures has said it will launch a Rs 400 crore fund that will invest in early-stage startups across areas like fintech, health-tech, robotics and gaming. Read more on ET Tech Pune-based agritech startup Ecozen, which develops technology-enabled products to s...

Industry News   The announcement of bringing a new National Education Policy to “transform India’s higher education system to one of the global best education systems,” according to the finance minister Nirmala Sitharaman, has been cherished by the players in India’s education sector. T...

Funding News   Natco Pharma chairman and managing director V.C. Nannapaneni, in his personal capacity, has invested an undisclosed amount in electric vehicle start-up Pure EV. Read more on The Hindu   HealthAssure Pvt. Ltd, an online aggregator of primary healthcare services, said on Tuesd...

Industry News   Indian startups have urged the government to intervene for solving issues ranging from faster tax refunds to altered rules around employee stock options. Read more on ET Tech   Funding News   A91 Partners has closed a $351 million fund, the Mumbai-based firm sa...

Funding News   Bengaluru-based social-audio platform Headfone has raised $750,000 in a seed round, led by Fosun RZ Capital. The company is planning to build its team and improve its recommendation engine with the money and scale across India. Read more on ET Tech   Bulge-bracket private ...

Industry News India has emerged as the third biggest startup hub in the world, according to a recent NASSCOM-Zinnov report. As a result, the growing Indian startup community has high expectations from Budget 2019. Read more on ET Tech   The Union budget has paved way for new-age insure tech�...