With plans for company growth, real estate startup ShweProperty has raised an unspecified dollar amount of funding. The funds span seven digits. The Myanmar-based startup uses its portal to help buyers and renters connect with sellers and vice-versa. The company is led by CEO Justin Sway who founded Kaung Thu Win. In the leadership role […]
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In an effort to promote entrepreneurship in the northeast region of India, Minister of State (MoS) (Independent Charge) for the Ministry of Development of North Eastern Region, Dr Jitendra Singh, has encouraged newer and startups and entrepreneurs to move to the area. Singh, who is also the Minister of State for the Prime Minister Office, Personnel, […]
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San Francisco based grocery delivery startup, Instacart, has raised a $200 million fund round led by Coatue Management. The company provides its customer base with a mobile app which can be used to order groceries directly to users’ homes. The startup works with approximately 200 retailers such as Costco Wholesale Corp and Target Corp. Instacart […]
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Self-drive car company, Zoomcar has reportedly raised $40 million (approximately Rs 255.4 crore) in its latest round of funding. The round was led by automotive giant Mahindra & Mahindra. The funding round comes around 18 months after the startup last raised funds from institutional investors. In August 2016, Zoomcar had raised Rs 160 crore (approximately […]
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Uber is reportedly preparing to sell its Southeast Asia business to Singapore-based Grab for a stake in the company, as per sources familiar with the matter. However, no such deal has been reached yet and the timing of any such deal still remains uncertain. Grab renders private car, motorbike, taxi and carpooling services in over […]
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