San Francisco, Calif.-based same-day grocery delivery startup Instacart, Co-Founded by Indian American Apoorva Mehta, announced March 8 it has raised $400 million in a new funding round. Mehta, who also serves as the company’s chief executive officer, tweeted March 8 in a company blog, announcing…
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American food firm Hain Celestial eyes acquisition of Indian health start-ups
The $3-billion Hain Celestial Group is planning to acquire Indian start-ups in the health and wellness categories, with a budget of $1-5 million. The New York-headquartered company, which has a presence in India through its global acquisition of Tilda Rice Company, is planning to expand its portf…
Start-up Raw Pressery to raise $ 20 million
Two-year-old start up Raw Pressery is planning to raise $20 million from the same set of investors since the time it started making cold pressed fresh juices. Having raised $7.2 million from investors such as Sequoia India, Saama Capital and DSG Capital, its next round is expected to be a bigger …
Blippar raises $54 million from Malaysian Government Fund
Blippar Inc, a technology company specializing in augmented reality, artificial intelligence and computer vision, has raised $54 million (Rs 365 crore) in series-D funding led by Khazanah Nasional Berhad, the strategic investment fund of the government of Malaysia. Existing investors also put in …
Budget 2016 | Quotable Quotes
“Finance Minister spent a considerable amount of time in trying to address the rural distress and the difficulties being faced by the farmers. The emphasis on the budget on various schemes and ideas, which including for instance the linking of the MNREGA scheme to rural challenges, is very signif…