The Small Industrial Development Bank of India (Sidbi), nominated by the government to manage its Rs 10,000-crore ‘fund of funds’ for start-ups, has committed Rs 110 crore to four venture capital funds, who are together trying to raise over Rs 1300 crore, to invest in start-ups. The funds which h…
Tag: Healthkart
Smartbox in talks to raise $10 million
Delhi-based start-up Smartbox, which provides online shoppers with a secure way to pick up their parcels from ATM-like terminals at a convenient location and time, is in talks to raise its first round of funding of $10 million from domestic and international investors. With an installed base of 1…
Ola Money can now be used across e-Commerce platforms including eBay, YepMe, AskmeBazaar
Ola Money, the digital payment solution from transport aggregator Ola, announced that its partnership with leading online marketplaces eBay, YepMe and AskmeBazaar, will allow customers to pay with one touch from their Ola Money wallet. Customers will also be eligible for an additional 10% discoun…
Healthkart chooses nutrition & fitness over drug sales
From a company selling Over-The-Counter (OTC) medicines, Sequoia Capital-backed Healthkart has morphed into one that is totally focused on nutrition and fitness products. “We are re-orienting ourselves into a vertical player in fitness and nutrition. Initially we started with OTC drugs but …