E-commerce marketplaces such as Snapdeal, Paytm, AskmeBazaar and Flipkart are using transaction data of thousands of vendors on their platforms to help them raise working capital through tie-ups with banks and financial service firms. The e-marketplaces use tools to crunch data on the trading his…
Tag: Snapdeal
Faasos Raises Rs 200 Crore Funding
Pune-based food-tech startup, Faasos Food Service has raised Rs 200 crore from Russian internet-focused investment firm ru-Net. With the participation of existing investors including venture capital firms like Sequoia Capital and Lightbox Ventures, the online restaurant is now valued at Rs 870 cr…
Analytics startup Zenatix Solutions raises funding from Blume Ventures
Zenatix Solutions, an internet-of-things (IoT) driven energy-data analytics startup has raised an undisclosed amount of follow-on funding led by seed focused fund Blume Ventures. This comes about five months after the Gurgaon-based startup raised Rs 1.27 crore from angel investors including Googl…