Sadhana Chathurvedula
Stories by Sadhana Chathurvedula
Ratan Tata invests in Unilazer-backed Indian chat-bot startup Niki.ai
Chat-bots have come to the fore this year as large technology companies like Facebook, Google and Slack have adopted them in a big way. They also offe
India: Unacademy raises $500k from Blume Ventures, others
Unacademy competes with companies such as Khan Academy, Coursera, and EdX.
India: Housing.com co-founder Rahul Yadav’s second venture fizzles out
Rahul Yadav had announced his second venture, Intelligent Interfaces, in September, referencing virtual and augmented reality and AI
India: Knowlarity Communications acquires customer engagement start-up Smartwards
This is the second acquisition for Knowlarity, which employs about 450 people and has so far raised about $22.5 million from investors Sequoia Capital
India: Housing co-founder Advitiya Sharma launches education start-up Genius
Genius competes with Vidyanext (run by Pengala Learning Pvt. Ltd), flipClass (run by Gyankosh Solutions Pvt. Ltd), and Tiger Global-backed Vedantu Inn
India: Rediff.com delists its shares on Nasdaq
Rediff.com believes that continuing to comply with Nasdaq listing requirements may be difficult and expensive
India: InTouchApp raises seed funding from Blume Ventures
This is the first round of funding for the Pune-based firm since its formation in 2012. It helps smartphone users manage contacts, allowing them to cr
eBay to take India-designed payment service PaisaPay global
US-based online marketplace eBay Inc. plans to launch solutions developed at its technology centre in Bengaluru in other geographies.
India: Flipkart strikes third deal in payments space, buys startup PhonePe
PhonePe is Flipkart’s third major acquisition in payments, after it bought payments start-up NGPay, and FX Mart, which owns a prepaid wallet.
India: Infuse Ventures to raise $150m fund to invest in cleantech
Infuse Ventures Inc. is a Rs 125-crore fund formed by BP Plc, International Finance Corp., the ministry of new and renewable energy, Technology De