Salman S.H
Stories by Salman S.H
Former Foodpanda India engineering head Nitin Gupta joins Milkbasket
Nitin Gupta has spent over six years with Ola and previously headed Foodpanda India’s engineering operations.
Ride-hailing unicorn Ola may be in profit zone, mulls India listing in two years
An IPO will help many of its investors including SoftBank to exit or partially sell their stakes.
Intra-city logistics provider Blowhorn secures fresh funding
The company has expanded its presence to over 30 cities and now has over 25,000 driver partners on its platform.
Healthcare startup Meddo raises $3m funding led by SRI Capital
The round saw participation from growX Ventures, LetsVenture, Citrus Pay co-founder Jitendra Gupta and Venture Gurukool, among others.
India: Snacks major Haldiram’s looks to invest up to $10m in milkshake brand Frozen Bottle
Frozen Bottle was founded in early 2017 by Pranshul Yadav and Arun Suvarna.
XL Innovate leads $37m funding in Indian data analytics firm Zendrive
Zendrive said the funds will help it build up its mobile driving safety solution and strengthen its global team.
India: Co-living startup Zolostays in talks to raise $100m to scale up inventory
Since 2015, the company has added around 30,000 beds, and another 60,000 contracted beds that will be added to the platform in the coming months.
India: Bike taxi startup Rapido acqui-hires analytics startup Vahanalytics
The Vahanalaytics platform tracks vehicular data such as driving speeds, acceleration, stops, fuel and other driving behaviour.
Lendingkart raises $30m funding led by Fullerton, Bertelsmann, India Quotient
The funding will be used to expand lending bases and deepen Lendingkart’s reach to small and underserved micro-enterprises.
Zomato lays off 100 from customer support team in cost-cutting drive
The lay-offs were carried out due to redundancies in its current customer support workforce.
