SaaS-based market analytics firm InsideView raises $32.5 million from Spring Lake Equity Partners

Friday, July 31, 2015 Comment

SaaS-based market intelligence firm InsideView Inc, which develops some of its global offerings from a product development centre in Hyderabad, has raised $32.5 million in equity a...

Hyperlocal on-demand delivery startup LazyLad raises $500K in pre-Series A round

Friday, July 31, 2015 Comment

Gurgaon-based Angular Technologies Pvt. Ltd, which runs a hyperlocal mobile commerce startup LazyLad, has raised $500,000 (Rs 3.18 crore) in its pre-Series A round of funding from...

Food-tech startup Noodle Play raises around $160K in angel funding

Friday, July 31, 2015 Comment

Mumbai-based Lollypop Foods Pvt Ltd, which runs a delivery-only Chinese fast food venture under the brand Noodle Play, has raised Rs 1 crore ($160,000) in angel funding, as per a p...

Govt may restore controversial law under which people can be jailed for offensive online posts

Friday, July 31, 2015 Comment

Government is working on restoring with “suitable modifications” the controversial section 66A of IT Act which provided for arrest of people for posting offensive conte...

Vacation packages portal TripFactory secures Series A funding from Aarin Capital

Friday, July 31, 2015 Comment

TripFactory Inc, a curated holiday package platform, has raised an undisclosed amount in Seed A funding from Aarin Capital Partners, a venture capital firm floated by former Infosy...

MakeMyTrip backs former Snapdeal CTO’s startup; sales growth skids in Q1, lowers revenue guidance for the year

Thursday, July 30, 2015 Comment

The country’s top online travel agency MakeMyTrip Ltd has invested $5 million (Rs 32 crore) to pick a majority stake in a stealth mode startup Bona Vita Technologies Pvt Ltd fo...

Exclusive: Kris Gopalakrishnan to back crowdsourced software testing startup 99Tests

Thursday, July 30, 2015 1 Comment

Infosys co-founder and its former CEO, Kris Gopalakrishnan and other individual investors are in the final stages of investing in Bangalore-based startup NinetyNine Tests Software ...

Flipkart founders back med-tech startup Wrig Nanosystems

Thursday, July 30, 2015 Comment

Co-founders of Flipkart and Snapdeal, two of India’s largest e-commerce ventures, seem to be loosening their purse strings when it comes to making personal investments in eme...

Snapdeal aims to be profitable in three years: Kunal Bahl

Thursday, July 30, 2015 Comment

Snapdeal’s chief executive Kunal Bahl said the e-commerce marketplace aims to be profitable in two to three years. Speaking at the Converge Technology Conference in Hong Kong, he...

Local services marketplace UrbanPro on expansion mode, eyes 100K monthly queries by year-end

Thursday, July 30, 2015 Comment

UrbanPro, an online marketplace that connects users with local service providers, expects to double the number of service requests handled on its platform to 100,000 by the current...