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Author Archive ‘ Bhawna Gupta ’

Flipkart buys majority stake in fintech startup FX Mart

Tuesday, September 1, 2015 | More »

FX_Mart
India’s largest e-commerce venture Flipkart has acquired majority stake in payment services startup FX Mart Pvt Ltd, which deals in electronic payments, remittance, foreign exchange and travel related businesses. Headquartered in Chandigarh, FX Mart has eight offices and an agent network covering ...

Naveen Peter, founder, TOFlo

Fintech startup incubator TOFlo raises seed funding

Mumbai-based Toflo Fintech Consulting Pvt Ltd, which runs an investment advisory and incubation platform for financial technology (fintech) startups under TOFlo, has raised seed funding, the company’s founder Naveen Peter, told VCCircle. Tania Johny Palathinkal, a business partner in another ...

1 September, 2015 | More »

BetterButter

BetterButter secures seed funding led by Growx

BetterButter Internet Pvt Ltd, which runs online recipe sharing portal BetterButter.in, has raised an undisclosed amount in seed funding led by Delhi-based Growx Ventures, an early-stage investment firm. Singapore-based M&S Partners and angel investor Manish Singhal also put money in this round...

28 August, 2015 | More »

ezysolare_logo

Solar products marketplace Ezysolare raises seed funding

Ahmedabad-based Gosolar Ventures Pvt Ltd, a company which runs online solar products and services marketplace startup ezysolare.com, has raised an undisclosed amount in seed funding from Infuse Ventures, according to a press release. It will use the funding to further develop technology and expand ...

26 August, 2015 | More »

Pick-My-Laundry

PickMyLaundry secures $100K in seed funding from GHV

PickMyLaundry, a mobile platform that facilitates booking and delivery of laundry services, has raised $100,000 from Green House Ventures (GHV), a startup accelerator launched by serial entrepreneur and Indian Angel Network member Vikram Upadhyaya. New Delhi-based PML Solutions Pvt Ltd, which runs P...

25 August, 2015 | More »

Raj-Iyer

icustommadeit raises $250K more in new angel round

Pune-based Truelytics eComm Pvt Ltd, which runs an online platform for customised personal and home-related merchandise under icustommadeit.com, has raised $250,000 (Rs 1.7 crore) in its third round of angel funding from a bunch of new investors. Aditya Pethe, MD of Waman Hari Pethe Jewellers; Eat...

25 August, 2015 | More »

VCCircle_Jolly_Food_Fellow

Jolly Food Fellow raises $302K in angel funding

Ahmedabad-based Jolly Food Fellow, a startup which assists food & beverage entrepreneurs with customer analytics, has raised Rs 2 crore ($302,600) in angel funding from a new startup incubator, The 1947. Ahmedabad-based TECHRECO Solutions Pvt Ltd, which owns and operates Jolly Food Fellow, wil...

24 August, 2015 | More »

Vijay Shekhar Sharma

One97 to hive off payments unit under Paytm

One97 Communications Ltd is planning to separate its e-commerce and payments businesses as part of plans to go head first with the payments bank platform. The company that counts Alibaba’s Alipay and SAIF Partners as large shareholders will separate the payments business under a new company Pa...

21 August, 2015 | More »

Bharatmatrimony_logo

Bharat Matrimony files for IPO; BVP to exit

Matrimony.com Pvt Ltd, which owns a string of matrimony-related consumer internet properties including BharatMatrimony.com, EliteMatrimony.com, CommunityMatrimony.com, AssistedMatrimony.com, MatrimonyDirectory.com and Tambulya.com, has filed its draft red herring prospectus (DRHP) with securities ma...

19 August, 2015 | More »

UBER_logo

Tata Opportunities Fund invests in Uber

Tata Capital’s flagship private equity fund Tata Opportunities Fund (TOF) has invested an undisclosed amount in Uber Technologies Inc, which runs a ride-hailing app Uber, it said on Wednesday. This is the first overseas investment by TOF and the third deal in as many months. “Uber’s te...

19 August, 2015 | More »

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