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AUTOnCAB acquires BigZop for grocery delivery play

New Delhi-based NGA Technologies Pvt Ltd, which operates autorickshaw-hailing app AUTOnCAB, has acquired hyperlocal grocery delivery startup BigZop for an undisclosed amount. “We want to help auto rickshaw owners gain maximum utility of their asset,” Vinti Doshi, co-founder of AUTOnCAB, said...

29 September, 2015 | More »


InMobi raises $100M from Tennenbaum, others

Mobile advertising platform InMobi has raised about $100 million in fresh debt from a consortium of lenders led by US-based Tennenbaum Capital Partners. Quoting several sources with direct knowledge of the development, The Economic Times reported that InMobi has already received $60 million of th...

29 September, 2015 | More »


Uber’s Chinese rival Didi Kuaidi invests in Ola

Didi Kuaidi Joint Co, which competes with Uber Technologies Inc for a slice of China’s taxi-hailing market, has invested an undisclosed amount in India’s largest cab aggregator Ola. The investment is said to be part of the recent $225 million funding round led by Ola’s existing investors Fal...

28 September, 2015 | More »


How Stockal taps web chatter to help US stock investors

Today, we profile the fourth Indian startup vying to secure a semi-finalist spot at The Wall Street Journal’s WSJDLive conference to be held on October 19-20 in Laguna Beach, California. WSJDLive brings together an unmatched group of top CEOs, inspirational founders, game-changing pioneers, enterp...

28 September, 2015 | More »

Helpchat acquires offline deals app Niffler

Personal assistant app Helpchat has acquired Mumbai-based deals and discovery platform Niffler for an undisclosed amount. The acquisition will enable Bangalore-based Helpchat, run by Coraza Technologies Pvt Ltd, to launch its services in Pune and Mumbai, where Niffler is already present. “We a...

28 September, 2015 | More »


Daily Ninja gets seed funding from TFS’ Radhakrishna, others

Daily Ninja, a mobile app that delivers daily needs on a subscription model, has raised an undisclosed amount in seed funding from TaxiForSure (TFS) co-founder Aprameya Radhakrishna and other investors. FindYogi’s Naman Sarawagi, Delyver’s Afsal Salu and six other angel investors also put money...

28 September, 2015 | More »


Qualcomm to create $150M India-focused VC fund

US-headquartered chipmaker Qualcomm Inc said on Sunday it will create an India-dedicated ‘strategic’ fund to invest $150 million (Rs 992 crore) in Indian startups. The firm is already an active investor in several Indian startups through its corporate venture capital arm Qualcomm Venture...

27 September, 2015 | More »


PayU names ex-Snapdeal exec Moondhra as global CFO

Naspers-owned online payments and mobile wallet company PayU, which has operations in 18 countries, has appointed Snapdeal’s former finance head Aakash Moondhra as its global CFO. In addition to managing finance operations at PayU global, Moondhra will also play a role in shaping Naspers’...

24 September, 2015 | More »


Ola to start car-pooling service

Taking cues from Meru and Uber, taxi aggregator Ola may soon launch a carpooling service. Industry sources say that Ola (run by Mumbai-based ANI Technologies Pvt Ltd) is set to unveil Ola Share, its new ride sharing facility for user travelling along a similar route The development was first reporte...

23 September, 2015 | More »


E-learning firm Liqvid to incubate ed-tech startups

Noida-based Liqvid, better known for providing language training & e-learning services, aims to incubate and fund upto five mobile-first startups in the ed-tech space. Liqvid is open to spending upto $5 million for handholding early-stage startups and entrepreneurs with a novel idea, its founder...

23 September, 2015 | More »