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News website The Ken raises $400K from angels

Friday, February 17, 2017 | More »

News website The Ken raises $400K from angels
Subscription-based news startup, The Ken, has raised $400,000 (Rs 2.68 crore) from a clutch of investors, the company said in an email statement. The participants in this round of funding include Aprameya Radhakrishna, co-founder, TaxiForSure; Deepak Natraj, managing director, Aarin Capital; Girish ...

Hemanth Satyanarayana, CEO of Imaginate

VR startup Imaginate raises $500K from SRI Capital

Imaginate Technologies, Inc, an augmented reality (AR) and virtual reality (VR) startup, has raised Rs 3.35 crore ($500,000) in seed investment from venture fund SRI Capital, a top company executive told Techcircle. “The funds will be used to scale up operations in the US and run pilots with l...

17 February, 2017 | More »

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Exclusive: Packaged foods startup Sattviko acquires StylSpot

Rays Culinary Delights Pvt. Ltd, which runs packaged foods company Sattviko, has acquired outfit curation portal StylSpot in order to strengthen its technology platform, a top company executive told Techcircle. Sattviko, which also operates a chain of quick-service restaurants (QSR) in three cities,...

16 February, 2017 | More »

fitness

Weight-loss startup Obino acquires fitness app Fitard

Mumbai-based Manna Healthcare Pvt. Ltd, which runs weight loss coaching app Obino, has acquired Fitard, a reward-based fitness tracking app, it said in a statement. It did not disclose the deal value. The fitness app rewards users with Fitcoins, a virtual currency, on completion of targets. These Fi...

16 February, 2017 | More »

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LetsVenture, Venture Catalysts lead funding in co-working space Innov8

New Delhi-based Guerrilla Infra Solutions Pvt. Ltd that runs co-working space Innov8 has raised an undisclosed amount in an angel round led by online deal-making platform LetsVenture and Mumbai-based seed investment platform Venture Catalysts, it said in a statement. Other investors who participated...

15 February, 2017 | More »

nazara-game

Nazara Games to set up eSports league for $20 mn

Nazara Technologies Pvt. Ltd, which operates mobile gaming firm Nazara Games, has launched an eSports league in India, for which it would invest roughly $20 million (Rs 136 crore) over the next five years, the company said in a press statement on Tuesday. “Asia-Pacific accounts for 44% of the audi...

14 February, 2017 | More »

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Mobile app analytics startup CleverTap names Almitra Karnik as marketing head

Mobile app analytics and user engagement platform CleverTap, run by Mumbai-based WizRocket Inc, has appointed Almitra Karnik as head of marketing, it said in a statement. Karnik will be managing brand strategy as well as digital, content and partner marketing along with public and analyst relation ...

14 February, 2017 | More »

Team Fyle

Expense management startup Fyle Technologies raises $400K from Pravega, others

Expense management company Fyle Technologies has raised $400,000 (Rs. 2.67 crore) in its seed round led by early stage venture firm Pravega Ventures, the startup’s founder Sivaramakrishnan Narayanan told Techcircle. Venture fund Beenext, redBus co-founder Phanindra Sama, Zivame co-founder Richa Ka...

14 February, 2017 | More »

Snapdeal's cost cutting continues, disbands SD Instant team

Snapdeal continues cost cutting, disbands SD Instant team

After reports of Snapdeal laying off nearly 30% of its staff, co-founders Kunal Bahl and Rohit Bansal have sent out an e-mail to the e-commerce firm’s employees stating that the company has to take tough decisions in order to become profitable, a report in a national daily stated. Snapdeal has...

13 February, 2017 | More »

Tim Draper, founding partner of Draper Associates & DFJ

Blume Ventures goes global, ties up with US-based Draper Venture Network

Early-stage venture fund Blume Ventures has entered into a strategic partnership with Draper Venture Network (DVN), an alliance of independent venture capital firms that connects leading entrepreneurs and investors around the world. DVN was formed in 1990 by Tim Draper, a leading venture capitalist ...

13 February, 2017 | More »

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