AshnaAmbre
Stories by AshnaAmbre
India: NowFloats acquires chat messaging startup Lookup in a cash-equity deal
16 employees of the Lookup team will now be part of NowFloats with this acquisition
Language app ShareChat gets $1.35m from SAIF Partners, India Quotient
ShareChat is a social networking platform for vernacular language users, available in four Indian languages, namely Hindi, Marathi, Malayalam and Telu
India: Meru Cabs raises $25m from Brand Capital
The company is looking to raise an additional $75 million as part of its $100 million fund-raising plan. In the last round, in March 2015, it raised $
India: Velvetcase raises up to $2m from Uniqorn Ventures Fund, others
The round was led Uniqorn Ventures Fund with participation from a group of angel investors like T.V. Mohandas Pai and S. Somasegar through Letsventure
Online fashion startup 6Degree raises $200K from Indian Angel Network
6Degree is looking to allocate the funds to enhance technology, expand reach and launch tech solutions for fashion events
India Digest: Bus aggregator Limo raises $1m, Jugnoo buys SubKuchFresh
Charter bus service provider Limo has raised $1 million from Rainmaker Ventures while on-demand auto-rickshaw platform Jugnoo has acquired SubKuchFres
India: Housing aims at $10m in revenue this fiscal year
Housing.com is looking to touch $10 million in revenue in the current financial year with a monthly growth rate of 200%
India: Helpchat shuts its chat business, lays off employees
The company has given three months’ severance package to employees who have been let go and is helping them find new jobs
India: TinyOwl shuts services in a few regions
The new brand will be launched in the next one month. Currently, the app is operating under the brand name of Tinyowl in a few areas in Mumbai, and ov
