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Posts Tagged ‘ Funding crunch ’

Exclusive: OYO rival Wudstay shuts budget hotel aggregation business

Tuesday, December 13, 2016 | More »

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Wudstay Travels Pvt Ltd – which started off as a rival to OYO Rooms – has exited the budget hotel aggregation space, a source close to the development told Techcircle. The company now operates in the PG and hostel segment that it started this year. Wudstay is yet to confirm the development, but ...

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2016: Not too bad after all; barring ecommerce

The year 2016 is set to go down in the history of investing in India as the year of “lull”, or the year in which deal activity slowed to such an extent that a section of observers began flashing red signals about the future of India’s startup industry. There is no denying that funding slowed [...

14 November, 2016 | More »

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Trifecta Capital lends $3 mn venture debt to Urban Ladder

Bangalore-based Urban Ladder Home Decor Solutions Pvt. Ltd that operates furniture portal Urban Ladder has secured $3 million (Rs 20 crore) in venture debt from Trifecta Capital. Mint, which first reported the development citing a Registrar of Companies (ROC) filing by Urban Ladder, said the cash tr...

24 August, 2016 | More »

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Exclusive: Matrix Partners-backed home products marketplace Zimply shuts shop

Matrix Partners-backed mobile marketplace for home décor and interior designing products, Zimply, has shut down its operations, a person familiar with the development told VCCircle. The website and app of the startup are also no longer accessible. The company went through multiple pivots before fin...

28 June, 2016 | More »

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How startups can build scale in a challenging funding environment

It isn’t a coincidence that the number of advertisements screaming discounts by leading e-commerce players in mainstream dailies has gone down in recent months. One doesn’t see too many startups riding IPL, the most sought after event among advertisers on television, this year either. This is un...

26 April, 2016 | More »