Here is a list of deals that happened in Indian Startup Ecosystem today including funding, merger, acquisition, product launch & appointment etc.1. Reliance Capital has sold around 1% stake in payments firm Paytm for $41.2 Mn (INR 275 Cr) to China’s Alibaba Group.
Read More2. Early-stage venture fund Pi Ventures has announced the first close of its maiden fund at $13 Mn. The $30 Mn fund is expected to close within this year.
Read More3. Online marketplace for last-mile logistics Blowhorn has raised $3.75 Mn (INR 25 Cr) in Series A funding from IDG Ventures India, together with the Michael & Susan Dell Foundation and existing investors, Draper Associates, and Unitus Seed Fund.
Read More4. Pune-based agritech startup AgroStar has raised $10 Mn Series B funding led by Accel India. Existing investors IDG Ventures and Aavishkaar also participated in this round.
Read More5. Television broadcast network STAR has picked up a minority stake in Bengaluru-based ZAPR Media Labs.
Read More6. StatSoft Technologies Pvt Ltd-run online car servicing platform BookServicing has raised Rs 20 lakh ($30,000) in seed funding from the National Science and Technology Entrepreneurship Development Board (NSTEDB), a government arm that promotes tech enterprises.
Read More7. Easter Egg, a blockchain-enabled gifting platform, has raised $400,000 in its initial round of funding from Singapore-based early stage investment firm Wealthy Ideas.
Read More8. Noida-based Dataresolve Technologies Pvt. Ltd, which runs cybersecurity and cyber intelligence startup Data Resolve, has raised over $1 million from IDFC Parampara Early Stage Opportunities Fund.
Read More9. Delhi-based startup First Step Digital – which launched a female urination device PeeBuddy - Ladies, Now Stand & PEE – has received Rs 2.96 crore ($444,000) in a pre-Series A funding from Indian Angel Network (IAN).
Read More10. MyGreens, a Delhi-based cold pressed juice making firm, has acquired JusDivine.
Read More11. TA Associates, Leapfrog and others will invest Rs 500 crore ($75 million) in Fincare, the parent company for DishaMicrofin.
Read More12. Facebook suspends location-sharing feature after Italian copyright suit.
Read More13. IBM and Danish transport company Maersk said they were working together to digitize, manage, and track shipping transactions using blockchain technology.
Read More14. Microsoft is close to signing a nine-year lease deal with Prestige Group for a 600,000 sq ft office space in Bengaluru, three people aware of the development said.
Read More15. Online marketplace ShopClues has launched e-commerce enablement initiatives like mobile point-of-sale system, QR code-enabled digital payments and business credit card as part of its offline strategy to on-board close to 1 lakh merchants by 2018-end.
Read More16. Netflix to set up Mumbai office; India among top 3 mobile markets. Neflix on Monday announced that its service will now be available on the DTH platforms of Bharti Airtel and Videocon.
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