Eyewear Startup Lenskart Planning Manufacturing Frames In House

Eyewear Startup Lenskart Planning Manufacturing Frames In House

Eyewear Startup, Lenskart run by Lenskart Solutions Pvt. Ltd., by next month it will move manufacturing and assembly to a new facility in Manesar, on the outskirts of Haryana, newest lens-cutting machines and automated assembly and sortation systems will be implemented there which could deliver 20,000 frames a day, more than three times Lenskart’s installed capacity presently. […]

China Based News Aggregation Platform Toutiao Raising $2 Billion Funding

China Based News Aggregation Platform Toutiao Raising $2 Billion Funding

China based News Aggregation Platform, Toutiao means “headlines” in Chinese backed by Sequoia Capital and CCB International, is raising at least $2 billion at a valuation of over $20 billion in its latest funding round, people familiar with the matter told Reuters. The fundraising comes after the startup raised $1 billion at an $11 billion valuation […]

Online Entertainment Ticketing Platform BookMyShow Acquired VoD Platform Nfusion

Online Entertainment Ticketing Platform BookMyShow Acquired VoD Platform Nfusion

Online entertainment ticketing platform, BookMyShow (BMS) running under Bigtree Entertainment Pvt. Ltd., has acquired video-on- demand platform Nfusion for an undisclosed amount. This move will help to enhance its audio streaming offerings. BookMyShow is India’s largest online entertainment ticketing platform that allows users to book tickets for movies, plays, sports and live events through its website, mobile app […]

Indian eCommerce Giant Flipkart & eBay India Merger Completed

Indian eCommerce Giant Flipkart & eBay India Merger Completed

Indian eCommerce giant, Flipkart, has now completed the deal of acquisition with the online auction site eBay India. With this, eBay.in will now be a Flipkart Group company. Though Flipkart will own and operate eBay.in with immediate effect, the latter will function as an independent entity even as the two firms explore opportunities in cross-border […]

Online Learning App - Byju's

Online Learning App Byju’s Raises Funds From China’s Tencent Holdings

Online Learning App, Byju’s, has now got on board Chinese internet giant Tencent Holdings Ltd. in a fresh $40-million financing round, valuing the Bengaluru company at around US $750 million after the investment reported TOI. The latest round of funding will help Byju’s accelerate product development for new markets and create a capital pool for […]

SaaS Maker Freshworks Acquired Chat Bot Automation Startup Joe Hukum

SaaS Maker Freshworks Acquired Chat Bot Automation Startup Joe Hukum

Cloud-based business software maker Freshworks (earlier Freshdesk) has acquired Chat Bot automation startup Joe Hukum. It is a platform that helps businesses build their own chatbots. The amount of deal has not been disclosed yet. Post-acquisition, the Joe Hukum team will be joining the Freshworks products teams and will be responsible for building bots and enabling workflow […]

PayTM Acquired Majority Stakes Of Online Ticketing Platform Insiderdotin

PayTM Acquired Majority Stakes Of Online Ticketing Platform Insider.in

Digital payment startup PayTM acquired majority stakes of Online ticketing platform Insider.in backed by event management company Only Much Louder (OML) for about US 5.4Mn (INR 35 crores). This acquisition will enable hundreds of millions of PayTM customers to discover a wide selection of events and book instantly through Insider. Shreyas Srinivasan, Online Ticketing Platform […]

Google Acquires Indian AI Startup Halli Labs

Google Acquires Indian AI Startup Halli Labs

Tech giant Google has today acquired, Halli Labs, an Indian based AI startup. It is working on solutions based on artificial intelligence and machine learning based out of Bengaluru. The deal details have not been disclosed yet. It has been founded just four-months back by former Stayzilla employees Pankaj Gupta and Pradhuman Jhala. This is the […]

Student Fintech Startup SYM Acquihired By Accel Backed Good Methods Global

Student Fintech Startup SYM Acquihired By Accel Backed Good Methods Global

Student Fintech Startup, Save Your Money (SYM), offering an automated micro-saving platform, has been acqui-hired by Accel Partners backed healthcare startup Good Methods Global (GMG). Student Fintech Startup Save Your Money (SYM) was founded by five engineering students from Kerala Aravind Muraleedharan, Vivek S, Abin Alias, Aswin Dev and Sarah Abraham while in their third year […]

Artificial Intelligence Startup Boxx

Artificial Intelligence Startup Boxx.ai Raised US$500K Seed Funding Led By Unicorn India Ventures

Artificial Intelligence startup, Boxx.ai, has raised US $500K (about INR 3.2 Crore) of seed funding led by Mumbai based VC firm Unicorn India Ventures. The funding round also saw the participation of angle investors like Venky Krishna kumar (Former COO and CFO, Citibank APAC), Suresh Shankar (Founder and CEO, CrayonData) and VivekBhargava (CEO, DAN Performance […]