Ecommerce Solutions Provider Infibeam Incorporation Acquired DRC Systems

Ecommerce Solutions Provider Infibeam Incorporation Acquired DRC Systems

Ecommerce solutions provider, Infibeam Incorporation Ltd., acquired DRC Systems Pvt. Ltd. through its wholly-owned subsidiary NSI Infinium Global Pvt Ltd for an undisclosed financial amount. DRC Systems provides cloud enterprise ERP solutions and develops customised software for e-commerce applications. Infibeam has been engaging DRC Systems’ services to provide customised BuildaBazaar solutions to its merchants in […]

Invoice Discounting Platform - KredX

Invoice Discounting Platform KredX Acquired NewYork Based Startup Hummingbill

Invoice Discounting Platform, KredX, acquired New York headquartered Accounts Receivables Management software startup Hummingbill for an undisclosed sum. This acquisition will help KredX to enhance its technological capabilities on Accounts Receivables side along with the addition of the talent pool from Hummingbill. KredX also aims to enhance its customer experience, optimize invoice delivery, tracking, follow-ups […]

Queue Management Startup - Sminq

Queue Management Startup Sminq Acquired Software Service Provider CodePandora

Queue management startup, Sminq running under Sminq India Solutions Pvt. Ltd., acquired Codepandora, a UX-focused software service provider, in a cash-and-equity deal. After this acquisition, CodePandora founder Bjorn Mascarenhas will be heading the UX efforts at Sminq and he will be assisting the startup to realize a broader global vision. Queue management startup Sminq was founded in […]

Domestic Help Provider Mydidi Acquired Mumbai Based TimemyTask

Domestic Help Provider Mydidi Acquired Mumbai Based TimemyTask In All Stock Deal

On-Demand Domestic Help Provider, Mydidi, has acquired Mumbai-based TimemyTask that runs an on-demand home cleaning services platform in an all-stock deal. As per the deal, Mydidi will acquire all the workers and technology of TimemyTask and the company will run under name of MyDidi. The deal value will be about $10-15 Millions, the first acquisition […]

Gururaj Deshpande Setting Up India’s Biggest Incubator For Startups In Hubballi

Gururaj Deshpande Setting Up India’s Biggest Incubator For Startups In Hubballi

Gururaj Deshpande, An Indian-American entrepreneur, philanthropist and venture capitalist, is setting up India’s biggest incubator for startups in Hubballi. It is around 400km away from Bengaluru. The 82,000-sqft facility is expected to open in September. India’s current biggest incubator is T-Hub in Telangana which is a 70,000 sqft building. The Hubballi incubator will have the capacity […]

Technology Enabled Education Startup - Cuemath

Technology Enabled Education Startup Cuemath Raises US$15Mn From CapitalG, Sequoia India

Technology enabled education startup, Cuemath running under Cuelearn Pvt. Ltd, has raised US $15 million in Series B round of funding led by equity investment fund of Alphabet Inc., CapitalG (formerly known as Google Capital), the company said in a statement on Monday. Existing investor Sequoia India also participated in the round. The raised capital will […]

Online Wedding Planning Startup - WeddingZ

Online Wedding Planning Startup Weddingz.in Raised US$1Mn From Singularity Ventures

Mumbai-based online wedding planning startup including venues and vendors, Weddingz.in, has raised nearly US $1 million (Rs 6.8 crore) from Singularity Ventures. This development was first reported by TechCircle. In February last year, Weddingz.in, run by Mumbai-based L-Fast Brands Pvt Ltd, had raised an undisclosed amount in pre-Series A funding from consumer-centric venture fund Sixth Sense […]

Digital Healthcare Startup Practo Raises US$55Mn Led By China Tencent Holdings

Digital Healthcare Startup Practo Raises US$55Mn Led By China Tencent Holdings

Digital healthcare startup, Practo Technologies Pvt. Ltd., has raised US $55 million in a Series D funding led by China’s Tencent Holdings Ltd. Existing investors Sequoia Capital, Matrix Partners, Capital G earlier Google Capital, Sofina and Altimeter Capital also participated in this funding round. This series D funding also saw participation from three new investors […]

Parenting Social Network Startup - TinyStep

Flipkart Invests US$2Mn In Parenting Social Network Startup TinyStep

Bengaluru-based parenting social network startup, Tinystep running under WeHive Technologies Pvt. Ltd., has raised US $2 Million funding (about INR 13.6 crore) from e-commerce major Flipkart. Earlier Tinystep received seed investment from Flipkart itself in January 2016, In September last year, the e-commerce firm put in INR 10.6 crore ($1.58 million) in the parenting social network through […]