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Consumer-facing startups attracted maximum investment in 2015: Report

Investment momentum in startups witnessed a rapid rise in the last five years and in 2015, over 600 Indian companies got funded with more than USD2 billion being invested by PE and VC funds. According to a report by assurance,...

CCD pilots home delivery service in Bengaluru

QSR chain Cafe Coffee Day is set to unveil a home delivery service via its recent alliance with foodservice delivery aggregator Swiggy. The chain, which has 1500-plus outlets across 219 cities, has piloted the initiative in 50 units across...

Hyperlocal service startup BookMeIn raises Rs 2.5 cr

Mumbai-based hyperlocal services marketplace, BookMeIn, has raised INR 2.5 crore in an angel round of funding from Ajmera Group of Companies. Started in 2014 , BookMeIn provides hyperlocal service in four categories and 26 sub-categories including beauty & fitness, health...

Universal Sportsbiz raises Rs 46 cr; to touch Rs 100 cr revenue by 2016

Universal Sportsbiz Pvt. Ltd (USPL), the owner of fashion brands Wrogn, Imara and Collectabillia, has raised Rs 46 crore from existing investor Accel Partners. This is the second round of investments by Accel Partners in the company. Accel Partners...

UrbanClap raises $ 10 ml in Series A funding to fuel expansion

UrbanClap, a mobile-based services marketplace, has reportedly raised $10 million in funding from its existing investors SAIF Partners and Accel Partners. The Gurgaon-based startup, which raised a seed round of Rs 10 crore from SAIF Partners, Accel Partners and Snapdeal...

Foodservice start-up Swiggy draws Rs 105 crore in Series B funding

Bangalore-based food delivery start-up Swiggy has raised Rs.105 crore in a Series B round of funding from Norwest Venture Partners, existing investors Accel Partners and SAIF Partners and an undisclosed global investment firm. Swiggy will use the funds to expand...

Kids Fashion Goes Online

The fact that the market for kids’ clothing and accessories has been dominated by offline shops and supermarkets is soon changing with several online retailers taking over this niche segment, the kids’ clothing industry is definitely riding new waves. While...

Novotel Mumbai Wins HolidayIQ.com India Says Yes Award 2014

Novotel Mumbai on Juhu Beach has won the The HolidayIQ.com India Says Yes Award 2014 for its Awesome Food. Award winners are determined based on the reviews and ratings for Hotels from over one million travellers over the last...

Merchant of Style, Myntra Grows Business on Netmagic’s Data Center Infrastructure

The online fashion retailing industry in India is burgeoning, and it owes a lot to the country’s large population on the Internet. As of 2012, Internet user base was about 137 million – with penetration of Broadband Internet growing...

Online Retailer Flipkart Raises $1 bn Funding

E-commerce retailer is reportedly known to have raised over over $1 billion (Rs 6,000 crore) and is likely to announce the fund-raising by next week as confirmed by people aware about the development, reports a leading daily. The money...
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SAIF Partners pares 5.8% stake in Senco Gold for Rs 433 cr

SAIF Partners' shareholding in Senco Gold declined to 4.97% from 10.77%New Delhi: Hong Kong-based SAIF Partners on Thursday pared...
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