Talent recruitment firms are scouting for business from smaller start-ups that have recently raised funds to fuel growth, diversifying away from larger consumer Internet clients that have frozen hiring amid a funding slowdown, industry executives said. Talent recruitment firms such as Wenger &…
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Swiggy raises Rs 47 crore from Norwest venture partners, DST global and Accel partners
Swiggy has raised an additional Rs 47 crore from existing investors Norwest Venture Partners, DST Global and Accel Partners, valuing the online foodordering startup at over Rs 865 crore or $130 million, filings with the registrar of companies show. The new round of funding gives the startup addit…
Urban ladder looks to clock GMV of $250 mn by June 2017
Urban Ladder, which posted losses of Rs 58.51 crore in FY15 on revenues of Rs 19.21 crore, is looking to transact a GMV (Gross Merchandise Value) of $250 million by June 2017, Rajiv Srivatsa, COO and co-founder of Urban Ladder, said. Declining to reveal any numbers to back his claim, the company …
Industrybuying.com raises Rs 12 Cr venture debt from Trifecta capital
Delhi-based business-to-business e-commerce player industrybuying.com has raised Rs 12 crore from venture debt provider Trifecta Capital. Venture debt is an alternative form of finance often used by start-ups. “The investment would be used to finance working capital and drive growth in the enterp…