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Fintech startup TranServ raises $15M from IDFC fund, Micromax

Digital payments firm TranServ Pvt Ltd has raised $15 million (Rs 100 crore) in its Series C round of investment led by venture capital fund IDFC SPICE and consumer electronics maker Micromax Informatics Ltd. Existing investors Nirvana Venture Advisors and Faering Capital India Evolving Fund also pa...

26 April, 2016 | More »


It pays to be fit, promises the Fitard app

Ever signed up for a fitness programme and then quit within days? You had your reasons – bad weather, too expensive, too busy a schedule – but deep down you knew you weren’t motivated enough to stick to the gruelling regime. Pankaj Bora and Shubham Goyal, too, had faced the same challenge....

25 April, 2016 | More »


Why VC-backed PepperTap shut its hyperlocal grocery business

Gurgaon-based PepperTap began its online grocery delivery business in late 2014 and quickly expanded to become the third most heavily funded player after BigBasket and Grofers. Its end was equally quick. The startup late last week decided to shut down its main business after months of rapid expansio...

25 April, 2016 | More »


Blume Ventures backs contacts management startup InTouchApp

Pune-based startup Volare Technologies Pvt. Ltd, which runs a phone contacts management app called InTouchApp, has raised an undisclosed amount of seed funding from Blume Ventures. Incubated at the Microsoft India Accelerator programme, the app allows users to sync, backup and share contacts across ...

25 April, 2016 | More »


Paytm-backed LogiNext buys last-mile delivery startup YourGuy

LogiNext Solution Pvt Ltd, a logistics analytics startup, has acquired last-mile delivery startup YourGuy Concierge Pvt Ltd in a cash-and-equity deal. Mumbai-based LogiNext will absorb YourGuy’s 200 delivery personnel and 20 other employees into its last-mile delivery vertical Sprintr as part ...

25 April, 2016 | More »


Exclusive: Meat ordering startup Licious raises Series A funding

Meat and fish ordering startup Licious, run by Delightful Gourmet Pvt. Ltd, has raised its Series A round of funding, co-founders Abhay Hanjura and Vivek Gupta have told Techcircle.in. Click here for details. The Series A round comes almost seven months after the ten month-old startup raised its an...

21 April, 2016 | More »


How Indian women are outplaying men in mobile gaming

Gaming is widely considered to be a predominantly male activity. But that stereotype is breaking down worldwide, especially when it comes to mobile gaming. The trend is catching up in India, too. While men still constitute a majority of gamers in India, an increasing number of women are taking to ga...

21 April, 2016 | More »


Nazara picks up 26% stake in Mastermind Sports

Mobile gaming developer and publisher Nazara Technologies Pvt Ltd has picked up 26 per cent stake in London-based mobile gaming studio Mastermind Sports Ltd. Mastermind has just launched its first game CricBet, a real-time prediction game, which allows fans to bet on the outcome of live cricket matc...

21 April, 2016 | More »


Blume Ventures backs rewards app m.Paani

Loyalty rewards platform m.Paani has raised an undisclosed amount in funding in its pre-Series A round of funding led by Blume Ventures. Adil Allana of The Allana Group, Aprameya Radhakrishna, founder of TaxiForSure, and Gautam Ivatury, co-founder of Meradoctor and Signal Point Partners also partici...

21 April, 2016 | More »

Punit Soni

Can’t say my exit not linked to Flipkart management change: Punit Soni

Punit Soni, who last week quit as Flipkart’s chief product officer, has admitted his exit is related to the recent management reshuffle at India’s largest e-commerce company. For full article click here...

20 April, 2016 | More »