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India: Digital payment platforms record surge in transactions after demonetization
Paytm saw more than five-fold rise in overall traffic, MobiKwik witnessed more than 40% increase in app downloads in less than 18 hours of the demonet
Angel investments in India pick up momentum in Q3
Active angel investors - including super angels and angel networks - announced investments across 60 companies in Q3 2016. The activity levels are up
How ‘taxi drivers’ in India are taking the road to entrepreneurship
It’s not just existing cab drivers or those looking for a better life within the profession who are switching gears.
India: Unilazer-backed food-tech startup Yumist plans to raise $2m from VCs
In December 2015, Yumist raised $2 million in a round led by Unilazer Ventures. Existing investor Orios Venture Partners also participated in the roun
India: Flipkart senior vice-president leading customer experience unit Anand KV exits
Anand, who was one of Flipkart’s dozen-plus senior vice-presidents, left in August. Flipkart has promoted Eric Lange and Sachin Kotangale to steer
Wipro Consumer arm to buy China’s FMCG player Zhongshan Ma
This would be its second biggest acquisition since it bought Unza Holdings Ltd, a Singapore consumer goods firm, for $246 million in 2007. This will b
India: Agri processor LEAF raises Series B funding from Bestseller Foundation, Unitus Impact
Earlier in 2013, LEAF had raised its Series-A funding from the Aspada Investment Company, backed by the Soros Economic Development Fund, in lieu of a
Investors from China, Japan step up focus on Indian startups
While established investors such as Alibaba and Softbank have been rather lukewarm this year, other investors from the two countries such as Beenos Pa
India: Three start-ups from empoWer receive seed funding from govt and Vodafone
Three start-ups from empoWer, a Zone Startups India accelerator for women entrepreneurs, have received equity-free seed funding from the Department of