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Posts Tagged ‘ Kunal Shah ’

Exclusive: Kunal Shah-backed scrap collector EnCashea shuts shop

Thursday, November 3, 2016 | More »

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Bangalore-based scrap collection and recycling startup EnCashea, which raised a seed funding from FreeCharge co-founder Kunal Shah and others recently, has decided to shut down its operations due to an unsustainable business model that runs on thin margins, but necessitates incremental working capit...

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What keeps top angel investors going?

If you think Binny Bansal, the co-founder of India’s largest e-tailer Flipkart, is only interested in online retail space, you could not be more wrong. Bansal is as interested in aerospace and defence, healthcare, technology & equipment and leisure products, as he is in online retail, if you g...

1 November, 2016 | More »

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Why Freecharge badly needs a recharge

The news report last week that Japanese telecom and internet conglomerate Softbank Group Corp is in talks to invest in FreeCharge was the third in as many months speaking of fund-raise efforts by ecommerce company Snapdeal for its digital payments arm. Around a month ago, two people in the know of d...

13 October, 2016 | More »

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Anupam Mittal, Rajan Anandan, Kunal Shah & Zishaan Hayath among top angel investors in Q3

Angel investors in the country have kept funds flowing for startups at a time when venture capital investors seem to be holding back. In the first nine months of 2016, the value of investments has declined significantly across all investment categories such as private equity and venture capital but ...

12 October, 2016 | More »

Karthik Rajeshwaran

Freecharge hires Karthik Rajeshwaran as director of strategy

Snapdeal-controlled digital payments platform FreeCharge has appointed former Obi Mobiles executive Karthik Rajeshwaran as director (strategy). Rajeshwaran will use his expertise to usher-in consumer centric innovations to expand revenue across new business opportunities, Freecharge said in a press ...

12 October, 2016 | More »

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Online B2B marketplace Bharat Bazaar gets funding from BeeNext, others

Mumbai-based White Shadow Technology Pvt. Ltd that operates online business-to-business (B2B) marketplace Bharat Bazaar has raised an undisclosed amount in seed funding from a clutch of investors. The investors participated in the round included BeeNext, a Singapore-based early-stage technology fund...

3 October, 2016 | More »

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Crownit raises funding from Girish Mathrubootham, Kunal Shah and Anand Chandrasekaran

Gurgaon-based GoldVIP Technology Solutions Pvt. Ltd that operates merchant discovery and rewards platform Crownit has secured an undisclosed investment from a group of investors, it said in a statement. Those who took part in the funding round include Freshdesk CEO Girish Mathrubootham, Freechargeâ€...

26 August, 2016 | More »

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Wedding portal Shaadisaga gets funding from ah! Ventures, Anupam Mittal & others

Delhi-based online wedding planner Shaadisaga has raised an undisclosed amount in funding in a pre-Series A round from ah! Ventures, People Group’s Anupam Mittal and other investors. FreeCharge’s Kunal Shah and Sandeep Tandon, Dheeraj Jain of Redcliffe Capital and Rohit Chokhani of White Unicorn...

24 August, 2016 | More »

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Exclusive: EnCashea in talks to buy smaller rival RaddiMan; raises funding from Kunal Shah, others

Bangalore-based scrap collection and recycling startup EnCashea has raised an undisclosed amount in seed funding from FreeCharge co-founders Kunal Shah and Sandeep Tandon, Tracxn Labs and a group of unnamed investors. The company is now in advanced talks to acquire its city-based rival RaddiMan, a p...

23 August, 2016 | More »

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Exclusive: Snapdeal eyes nearly $1.2 bn valuation for FreeCharge

Online marketplace Snapdeal is looking to sell a stake in unit FreeCharge at a valuation of as much as $1.2 billion (Rs 8,000 crore), a person aware of the development said, as the retailer seeks to monetise its investment in the digital payments company it acquired last year. Snapdeal has been in d...

12 August, 2016 | More »

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