India Volanews

INDIA REGULATION Chinese App Ban

India Blocks AliExpress, Snack Video, ChinaLove, 40 Other Chinese Apps Based on a comprehensive report from home ministry’s Indian Cyber Crime Coordination Center, MeitY issued the order to block the access of these apps by Indian users.

by LiveMint

7 hours ago

INDIA Unicorn CARS24

India Cars24 Turns Unicorn with $200m Funding Led by DST Global The capital will be used to bolster Cars24’s new lines of business such as pre-owned two-wheelers, customer financing and servicing.

by DealStreetAsia

7 hours ago

INDIA Startups SignalX

India Risk Management Startup SignalX Raises Rs 6 Cr in Seed Round Led by 9Unicorns, 3Lines VC, Hyderabad Angels SignalX offers an AI-powered SaaS platform for corporate risk and due diligence for a comprehensive financial, legal, regulatory, and reputational risk analysis on any given target company.

by YourStory

2020-11-24

INDIA Startups NewsReach

Digital Media Tech Startup Newsreach Raises $150K in Seed Round The startup is creating a news ecosystem of original and hyper-local content by empowering the offline local news publishers/reporters to go online.

by YourStory

2020-11-24

INDIA Startups Cashfree

Bengaluru-Based Cashfree Raises $35.3M Series B Investment Led by Apis Growth Fund II Cashfree processes online payments for several Indian businesses. A 2017 Y Combinator alumnus, Cashfree added that it has processed over $12 billion annualised payments as of March 2020.

by YourStory

2020-11-24

INDIA Startups Country Delight

Bengaluru-Based Country Delight Raises $25M in Series C Round Led by Elevation Capital, IIFL AMC Its supply chain is a completely tech/IOT-enabled system, which ensures a fully traceable source provenance and only the highest quality product.

by YourStory

2020-11-23

INDIA Startups Chingari

Indian Short Video App Chinagri Reaches User Base of 38m The data provided by the officials at Chingari claims that more than 95 million videos are viewed on the platform every day. In the last 45 days, over 2.6 billion videos on the app have been watched by its consumers.

by DealStreetAsia

2020-11-23

INDIA UNICORNS BYJU’S

Indian Edtech Firm Byju’s in Talks to Raise $200m at $12b Valuation The surge in investor interest also catapulted Byju’s into India’s second-most valuable startup, also earning it the decacorn status—the handful of startups that are valued at more than $10 billion.

by DealStreetAsia

2020-11-23

INDIA Startups Real Money Game

【Exclusive】IPL boosts India’s Fantasy Sports Market Every year, Fantasy Sports which has seen incredible growth this year, possibly one of the highest in India on most relevant metrics.

by Anshuman Gandhi

2020-11-23

INDIA GIANT Reliance Industries Limited

India Reliance Retail Closes Fundraising Exercise after Raising $6.3b for 10.9% Stake RRVL reported a consolidated turnover of ₹162,936 crore ($ 21.7 billion) and a net profit of ₹5,448 crore ($ 726.4 million) for the year ended March 31, 2020.

by DealStreetAsia

2020-11-20

INDIA Startups DaMENSCH

Matrix Partners India Leads $6.7 Mn Funding Round in Bengaluru-Based DaMENSCH Its products are retailed on its own website and third-party ecommerce platforms such as Flipkart, Amazon and Myntra.

by techcircle

2020-11-20

INDIA Startups True Balance

Gurugram-Based Fintech Startup True Balance Raises $28M from Softbank, Others True Balance, which was officially launched in India in 2016, has disbursed via its primary loan products of over Rs 1 billion this year alone to India’s underbanked, uncredited, unaccessed, and the financially uneducated.

by YourStory

2020-11-19

INDIA Startups Thrive

Mumbai-Based Thrive Raises Pre-Series A Investment Led by Whiteboard Capital, Ahimsa Capital Thrive's solution allows restaurants to share their digital ordering links with their customers to order from Instagram, Facebook, WhatsApp, and SMS in a few clicks.

by YourStory

2020-11-19

INDIA Startups MPL

MPL Sets Up Rs 37 Cr Fund for Indian Game Developers, Studios The fund is earmarked for Indian game developers and studios to develop their games for national and global audiences.

by YourStory

2020-11-19

INDIA Startups Turtlemint

Indian Insuretech Platform Turtlemint Raises $30 Million Turtlemint helps advisors educate customers and recommend products that are best suited to meet their unique requirements, enabling them to purchase insurance seamlessly.

by LiveMint

2020-11-18

INDIA REPORT Diwali 2020

Diwali 2020: Goods Worth ₹ 72,000 Crore Sold, Sales Up 10.8%, Says Traders' Body Meanwhile, CAIT is likely to launch its e-commerce portal BharatEMarket in December to bring its traders' community online.

by ndtv

2020-11-17

INDIA Startups Krimanshi

Indian Animal Nutrition Startup Krimanshi Raises Rs 5 Cr from RVCF Krimanshi is working in animal feed production, primarily in dairy, and is bringing innovation by establishing a new supply chain for unconventional ingredients in the animal nutrition sector.

by YourStory

2020-11-17

INDIA Startups Arzooo

Zoom's Eric Yuan And VC Bill Tai Invest in India B2B Retail Tech Startup Arzooo Arzooo is disrupting the offline retail space by empowering offline stores to compete effectively with larger ecommerce websites.

by YourStory

2020-11-17

INDIA GIANT Amazon India

Amazon India Launches 'STEP' to Accelerate Growth of 7 Lakh Sellers Starting December 1, 2020, all sellers on Amazon.in will get 'Standard' benefits up to March 31, 2021.

by YourStory

2020-11-17

INDIA Startups GROFERS

Softbank, Others Close to Investing $55-60m in Grofers Grofers, an online grocery delivery service founded in December 2013, operates in a $600-billion market with many competitors, including Walmart-controlled Flipkart and American e-commerce giant Amazon.

by DealStreetAsia

2020-11-16