Ride-hailing giant, Ola, announced that it has acquired the Mumbai-based Ridlr. The deal mark’s Ola’s expansion into the public transportation segment. The deal is primarily a stock transaction. The acquisition is the second such major acquisition made by Ola. In December 2017, the ride hailing giant acquired Foodpanda in a $40-$50 million deal. “Public transportation […]
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A Human Resources (HR) providing startup, Employment Hero, has raised fresh funding of $6.2 million which the Australian startup will put toward local expansion. The startup provides business with a cloud-based platform called the Employment Management Platform, which can serve a variety of functions that a company’s HR department would typically handle and can also […]
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Aavishkaar Bharat Fund, an investment fund worth $200 million, has made an investment of approximately $5.3 million into Kottaram Agro Foods. The food and beverage startup was founded in 2011 by Prashant Parameswaran and provides customers with pre-packaged food items. The startup has recently made a move into the beverage sector specifically. The company, which […]
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In a move to making it a highly funded Asian startup based in healthcare technology, DocDoc has raised a new funding round worth $5.45 million. The Singapore-based startup provides users with a platform allowing them to reach medical professionals to best fit their lifestyles. The startup works with over 23,000 doctors. “DocDoc leverages the latest […]
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Agri-tech startup, AgShift has reportedly raised $2 million in a seed funding round led by Exfinity Ventures. “We have proven our core technology working with great partners. Now, with new capital, we will work towards strengthening our development team and maturing the product for specific enterprise and use cases as we continue to establish AgShift […]
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