Driver on Demand service DriversKart has partnered with QuikrServices to provide services in Delhi, Bangalore and Chennai on the Quikr platform. As part of the tie-up, queries received for on-demand driver services on the Quikr platform will be redirected to Driverskart. As per Vinit Srivastava, …
Companies, Finance & Markets
Global hardware start-up accelerator eyeing India
HAX, the world’s largest hardware start-up accelerator, is scouting for investments in young firms in India, which have developed working prototypes in areas such as healthcare, consumer electronics, robotics and bionics. Benjamin Joffe, General Partner at the Shenzhen-based HAX said that he has …
Paytm plans to invest in three-four start-ups in India
Paytm, mobile wallet and e-commerce marketplace, is expected to close three-four start-up funding deals this month as part of its investment programme from a corpus of $150-200 million fund which the company had started in 2015, Kiran Vasireddy, Senior Vice President at Paytm told. “Most of the s…
OYO partners with PayZapp to aid frictionless payment
India’s largest branded network of hotels OYO announced the integration of PayZapp, a complete payment solution by HDFC Bank, on its consumer app. This tie-up will enable customers to directly link their debit and credit card to PayZapp, and book an OYO by making the payment in just one cli…
FreeCharge’s Chat-n-Pay service records 1 million active users
Freecharge, India’s fastest growing digital payments platform has achieved another milestone in its journey towards a less-cash society. The company has registered one million active users for its Chat-n-Pay service in just two months of its launch. Chat-n-Pay service is an engaging and sec…
BANKEDGE launches 15th Training Centre at “Golden City – Amritsar”
BANKEDGE – an Academy for Banking and Finance Opens it’s 15th Training Centre at the GOLDEN CITY – AMRITSAR at Punjab. The Centre, officially opened on 17th July, will be a venue for various training programs for Banking and Financial Service Sector and events such as banking career workshops, se…
Bluestone raises Rs 200 crore from IIFL, RB Investments
IIFL and RB Investments Pte have led Rs 200 crore Series D round in online jewellery retailer Bluestone at undisclosed valuation. Existing investors in the company Kalaari Capital, Accel and IvyCap Ventures participated in the current round. The company competes with Tata Group backed Caratlane i…
Askme Grocery foraying into gourmet foods to pep up sales
Online grocery delivery firm AskMe Grocery is foraying into high-margin gourmet foods category, a move aimed at arresting dipping average orders on its platform. The company expects gourmet foods to account for about 10 per cent of its targeted Rs 1,800 crore GMV (worth of merchandise to be sold …
Digital news media space hot; Dailyhunt expands footprint
News and ebooks mobile application Dailyhunt has picked up a minority stake for Rs 15 crore in OneIndia, the local news language portal owned by Rajesh Jain and BG Mahesh. The duo were the brains behind Prime Minister Narendra Modi’s digital strategy during the 2014 elections and the invest…
Shopclues acquires Bengaluru-based startup Momoe
Online marketplace ShopClues, the newest member of the billion-dollar valuation club, has acquired Bengaluru-based startup Momoe as it looks to build a payments business. The deal will also help ShopClues establish an office in the startup capital and all five Momoe founders are expected to join …