With this acquisition, Driverskart is now established as market leader in India’s on-demand driver marketplace. The company is already servicing 10,000 rides a month and is present in Chennai, Bangalore, Mumbai, Delhi and Pune.
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“We shall utilize these funds to further refine our tech enabled risk mitigation algorithms through big data analytics thereby empowering our lenders to take better decision and creating greater access to credit for borrowers.” added Vinay Mathews, Founder and COO.
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Salosa which has been a partner to QuikrServices will further strengthen its beauty services offerings with stylists that have undergone a rigorous process of quality & background checks along with required training.
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The company uses technology and human services to target weight-loss and it’s programs are effective in prevention of lifestyle diseases such as diabetes, hypertension. The funds will be used to further develop its digital coaching platform and to accelerate growth in India.
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Beroe will deploy these funds towards further investments in category expertise, technology and aggressive revenue growth.
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Founded in February 2014 by Aditya Mukherjee (CEO), Arnav Mukherjee (Content Head) and Ajitsen Surendran (CTO) with an idea of making toys & games that are connected to stories, TOKO’s current vision is to become a leading player in the entertainment space focusing on children.
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The deal will create a dedicated subsidiary focused on Enterprise Security by merging Aurionpro’s Enterprise Security division and Spikes Security. The subsidiary will be headquartered in Silicon Valley with global operations in North America, Europe, Asia and Australia.
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Locus enables enterprises with technology to manage their deliveries, with features including, automated smart dispatches, tracking, and fleet visualization, proprietary geocoder and proprietary route deviation engine. The funding will be used to strengthen its technology offerings and expand the team.
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