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Priyanka Sahay and Sayan Chakraborty

Stories by Priyanka Sahay and Sayan Chakraborty

Deals

Foodpanda’s India unit raises $22.4m in one year

Food ordering start-up Foodpanda raised the sum between July 2015 and June 2016 in eight tranches from parent Jade Gmbh and Co.

Venture Capital

Indian budget hotel aggregator Oyo raises $62m from SoftBank

None of Oyo’s other existing investors—Greenoaks Capital, Sequoia Capital and Lightspeed Venture Partners—participated in this round of funding,

Deals

India: Courier service Pigeon Express in talks to acquire GoJavas

GoJavas, which counts Snapdeal as a key investor, had started scouting for possible suitors after a bid by Snapdeal for a complete buyout fell through

India

India: GoJavas pays a price for over-dependence on Snapdeal, Jabong

The company, which was in talks with Snapdeal for an acquisition, suffered a blow after the talks fell through. Snapdeal subsequently snapped ties wit

Deals

Pushing the envelope: Courier aggregators latest to woo Indian users

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