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Updated: Ola confirms raising $400M led by DST Global; $100M earmarked for...
Update: Ola’s Director of Marketing Communications Anand Subramanian told MediaNama that tier-2 and tier-3 cities and town will be the company’s focus as it expands... .
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Funding roundup: Commeasure, The Porter, CapriCoast and TaskBob
Commeasure raises $1m in seed funding Business centric hotel search engine Commeasure has raised $1 million in seed funding from Jungle Ventures, reports YourStory. The... .
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Carzonrent acquires Ridingo to provide ridesharing services
Car rental company Carzonrent India Pvt Ltd , which operates radio taxi services under the name EasyCabs, has acquired the rideshare startup Ridingo, reports The Economic Times. Following... .
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Google’s new handwriting input app supports 82 languages and emojis
Technology giant Google has now come out with a new application called Google Handwriting Input which allows users to input in 82 languages and also... .
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Snapdeal appoints Dharmarajan K as customer service head
Snapdeal has appointed Dharmarajan K as the head of customer experience. He will be a part of the online marketplace’s leadership team and be responsible... .
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Online test prep startup Toppr acquires competitor EasyPrep
Online test prepping platform Toppr has bought JEE prep test-taking platform EasyPrep for an undisclosed sum. Toppr had raised $2 million from SAIF Partners and Helion... .
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InfoEdge’s stake in PolicyBazaar down to 18%, following recent round of funding
Info Edge, which was the first company to invest in online insurance aggregator PolicyBazaar, has informed the BSE that its stake in PolicyBazaar’s parent company... .
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Helion Venture Partners raises $300 mn to invest in early, mid startups in India
Venture capital firm Helion Venture Partners has raised $300 million for startups in India, reports TechCrunch. Helion’s startup portfolio which includes Housing.com, TaxiForSure, ShopClues and... .
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Zero Rating: Slows down innovation, distorts competition & fractures the...
By Vishal Misra (@Vishalmisra) The false equivalence of Zero Rating with Toll Free lines The debate over Net Neutrality and Zero Rating rages on, and... .
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Robosoft raises $12M from Ascent & Kalaari; 99Games & Global Delight to be...
Software development company Robosoft has raised a Series B funding of ~$12 million from Ascent Capital and existing investor Kalaari Capital. Ascent led the round... .
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Foodpanda launches delivery services in 5 cities; plans to expand to 7 more...
Rocket Internet-backed online food ordering service Foodpanda has now forayed into food delivery service as well. The service has been launched in 5 cities at... .
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Lukup applies for MSO, ISP licenses; to bundle OTT content with TV and Internet
On demand TV player and interactive advertising platform Lukup Media is looking to expand its over-the-top (OTT) services by acquiring multi-system operator (MSO) and internet... .
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Weekly Digest (10th-17th April 2015)
MediaNama would like to thank its sponsors:Paytm, Getit, Practo, Times Internet and E2Efor their support. Investment & M&A – Robosoft raises $12M from Ascent & Kalaari;... .
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Junglee starts selling unboxed and refurbished electronic products from...
Looks like Amazon India’s e-commerce & price comparison portal Junglee has started selling unboxed, factory seconds, refurbished and surplus electronic products such as mobile phones &...
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Funding roundup: Doormint, UrbanClap and Vyomo
On demand utility service startup Doormint has raised an undisclosed amount of funding from Powai Lake Ventures, reports YourStory. The funds will go towards... .
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ICICI Bank launches NFC payments service with Tech Mahindra
India’s largest private sector lender ICICI Bank has launched a new service called ‘Tap n Pay’ which enables near field communications (NFC) payments for users using NFC... .
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Godot Media founders launch content discovery & social media scheduling...
Content writing services provider Godot Media’s co-founders Sophia Solanki and Vishal Dutta have launched a content discovery and social media scheduling platform called DrumUp. The... .
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HealthKartPlus gets $6M injection; rebrands itself as 1 mg
Pharmacy network and medicine search engine HealthKartPlus has raised funding worth $6 million from Deep Kalra, founder of MakeMyTrip, Sequoia Capital, Omidyar Network, Intel Capital... .
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Updated: Paytm parent One97 launching e-grocery app called Zip; Bangalore...
Update: Paytm has released an Android app called Paytm Zip. It is functional in Bangalore in the following areas: Bellandur, Iblur, Sarjapur, Kadubeesanahalli, Marathalli and... .
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Freshdesk raises $50 million from Tiger Global, Accel Partners and Google...
Online customer support platform Freshdesk has raised $50 million in funding from a round led by Tiger Global along with Accel Partners and Google Capital,... .
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