Salman S.H
Stories by Salman S.H
India: Classifieds portal Quikr gets 50% revenue from acquired firms
Quikr has been on an acquisition spree since 2015 and has acquired 13 companies in total till date across various categories.
Unilever Ventures leads $3m funding in grocery delivery platform Milkbasket
The online grocery delivery space in India has seen a number of entrants in the past, and some of them have either exited the market fully or down siz
India: Food tech startup HungerBox raises $2.5m from LionRock Capital, others
F&B spending in the B2B space alone is estimated to reach $14 billion in India in 2018, growing approximately at 15% per annum.
India: Tencent-backed health-tech startup Practo losses widen in 2016-17
Practo, one of the well-funded start-ups in the online medical care space, competes with NetMeds and Portea. It raised $55 million in a Series D fundi
India: ShareChat raises $18m Series B from Xiaomi Singapore, Shun Wei Capital
Existing investors including SAIF Partners, Lightspeed Partners, India Quotient, and Venture Highway also participated in the round.
China’s Ofo to launch bike-sharing service in India through tie-up with Paytm
Ofo will be the first international company to launch bike sharing in India.
Indian fintech startup NiYO Solutions raises $13.2m in Series A round
Investors in the round include Social Capital, JS Capital Llc, Horizon Ventures and Prime Ventures India.
India: Online education startup Springboard raises $9.5m Series A led by Costanoa
The funding round was joined by Learn Capital, Appdynamics founder Jyoti Bansal, Blue Fog Capital, Rocketship.vc and Moneta Ventures.
India: Swiggy acqui-hires startup 48East to boost its new supply business
The acquisition comes just a month after Swiggy launched Access kitchens in Bengaluru under the new supply vertical.
India: Video-sharing firm Clip raises funds from Matrix, others
Existing investors Shunwei Capital and India Quotient also participated in the round. The seven-month-old start-up will use the funds to hire people a
