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Mobile-only jewellery e-tailer Melorra raises $5M from Lightbox

Online jewellery retailer Melorra has raised $5 million (around Rs 33.4 crore) from venture capital firm Lightbox Ventures. The funds will be utilised to develop the company’s technology, marketing and acquiring talent. Bangalore-based August Jewellery Pvt Ltd, which runs Melorra, has entered the ...

8 January, 2016 | More »


What does Netflix’s entry mean for other internet TV companies in India

So far Indian audiences have been able to watch only a handful of Netflix original content. That is now going to change with the US on-demand video streaming service entering India. But as Indian viewers lap it up, the bigger question is what does the entry of this internet TV network giant mean for...

7 January, 2016 | More »


How Bhavin Turakhia is trying to disrupt corporate meal voucher business

Serial tech entrepreneur Bhavin Turakhia’s digital payments platform Zeta has rolled out its first product – Zeta Meal Vouchers –which aims to provide employees access to corporate meal vouchers at the click of an app. “The corporate benefits and expense management is Zeta’s fi...

7 January, 2016 | More »


Times Internet buys news curation app Viral Shots

Times Internet Ltd, the digital arm of media company Bennett, Coleman & Co. Ltd (BCCL), has acquired Gurgaon-based Viral Shots for an undisclosed amount. Founded by Shalini Tewari and Kumar Apurva, Viral Shots is a micro content mobile app that curates stories from over 300 social and web destin...

7 January, 2016 | More »


Ed-tech startup Myly raises $100K in seed funding

Jaipur-based EduCommerce Technologies Pvt Ltd, which runs mobile-based education startup Myly, has raised $100,000 (about Rs 67 lakh) in seed funding from Newbie Promoter Pvt Ltd. The funds will be used primarily for customer acquisition, the startup said in a statement. It is also planning to rais...

7 January, 2016 | More »


TV remote app Sensara gets funds from ex-Google executive, Bangalore firm

Bangalore-based Sensara India Pvt Ltd, the developer of an app that enables smartphones to function like TV remotes, has raised an undisclosed amount in early-stage funding from former Google India executive Lalitesh Katragadda and little-known Bangalore firm Gana Yantrika Systems Pvt Ltd. “In...

6 January, 2016 | More »


Bitcoin wallet startup Zebpay raises $1M in Series A funding

Bitcoin mobile wallet Zebpay has raised around $1 million (around Rs 6.6 crore) in Series A funding from Claris Life Sciences CMD Arjun Handa, Jindal Worldwide MD Amit Jindal and other unnamed investors. The startup, run by Zeb Ventures Pte Ltd, will use the money raised to scale up block chain-base...

6 January, 2016 | More »


India’s most funded hyperlocal startup Grofers shuts shop in 9 cities

Hyperlocal grocery and fresh food delivery startup Grofers India Pvt Ltd, which ran a massive expansion drive four months ago, has shut down its operations in nine cities. The cities where it has stopped services are Bhubaneswar, Ludhiana, Bhopal, Kochi, Mysore, Nashik, Rajkot, Coimbatore and Visakh...

5 January, 2016 | More »


Alef Mobitech raises $5M from Tata Capital’s VC fund

Tata Capital Innovations Fund (TCIF) has invested $5 million (Rs 33.3 crore) in a unit of New Jersey- and Mumbai-based mobility computing firm Alef Mobitech Inc. Alef Mobitech will use the money for business development, marketing and R&D initiatives, the company said in a press statement. Alef ...

5 January, 2016 | More »


500 Startups leads $100K funding round in learning disorder tracker My Child App

My Child App, which helps parents track learning disorder in children, has raised $100,000 (Rs 66 lakh) from Silicon Valley-based early stage VC fund 500 Startups, Singapore Angel Network and a bunch of angel investors. Samir Bangara, Anisha Mittal, Amit Gupta, Pallav Nadhani, Lalit Mangal, Arihant ...

5 January, 2016 | More »