Here is a list of deals that happened in Indian Startup Ecosystem today including funding, merger, acquisition, product launch & appointment etc.1. Bangalore-based Roid Technologies Pvt Ltd, which operates instant mobile app store AppBrowzer, has raised $500,000 led by Deepak Gurnani, a member of Singapore Angel Network.
Read More2. Former chief product officer at Snapdeal Anand Chandrasekaran has invested in Bangalore-based IndiePitch Solutions Pvt. Ltd, which runs online funding platform LetsVenture.
Read More3. AI, B2B dominate startup shortlist for Microsoft Accelerator’s 10th batch - AceBot, Active.ai, FirstHive, Heckyl, Karomi, Lavelle Networks, LetsTransport.in, QuestionPro, SigTuple, SysCloud, Tricog Health Services, VPhrase, WittyParrot & Zenatix Solutions.
Read More4. Mumbai-based technology startup accelerator Zone Startups/India has launched the second cohort of its empoWer programme aimed at women entrepreneurs in technology businesses.
Read More5. Priyank Kharge, IT Minister of Karnataka announced a fund of $1.4 Mn (INR 10 Cr) for women entrepreneurs of the state. The announcement was made at the Government of Karnataka’s Women’s Day celebration in Bengaluru.
Read More6. Online marketplace IndiaMART has forayed into the payments space to enable the over 3 Mn sellers on its platform.
Read More7. In a bid to strengthen the development of e-governance software applications, the Government has launched OpenForge – a platform for open collaborative development of e-governance applications.
Read More8. Pinterest Inc. has acquired Jelly Industries, the question-and-answer app led by Twitter Inc. co-founder Biz Stone.
Read More9. Venture capital fund of Russian conglomerate Sistema JSFC, Sistema Asia Fund (SAF) Advisory, plans to invest $12 million in at least four Indian startups in mid-stage financing deals.
Read More10. After investments in digital payment app Paytm, Chinese internet major Alibaba.com is now looking to acquire an online movie booking firm to garner presence in the Indian digital entertainment space.
Read More11. E-commerce-focused logistics firm Ecom Express Pvt Ltd has initiated the process of raising at least $75 million in a new round of funding, two people aware of the development said.
Read More12. Blue Box Media Pvt Ltd, which operates technology news site The Tech Portal, has acquired a majority stake in Jaipur-headquartered lifestyle blog Connect Jaipur to venture into lifestyle content for an undisclosed amount.
Read More13. Alphabet's venture arm Google Ventures has invested in Currencycloud, a UK startup that provides technology to enable businesses to provide cross-border payments services to their customers.
Read More14. SoftBank Group plans to sell a 25% stake in ARM Holdings to a technology fund it is creating with Saudi Arabia after lead investors expressed a desire to include the chipmaker in their portfolio, according to people familiar with the matter.
Read More15. Saikiran Krishnamurthy, who quit as head of Flipkart's supply chain unit Ekart in January after the e-commerce giant named Kalyan Krishnamurthy as its CEO, is headed back to consultancy firm McKinsey & Company where he had been director.
Read More16. San Jose-based Nimble Storage has been snapped up by Hewlett Packard Enterprise for $1.09 billion, making it the latest acquisition of an Indian tech company by a global giant.
Read More17. Id Fresh Food India Pvt Ltd, the maker of ready-to-cook dosa and idli batter, is preparing to enter the US, United Kingdom and Singapore this year to cater to the teeming Indian diaspora in those countries.
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