RPG Group owned Zensar Technologies has reportedly acquired the US-based firm, Cynosure, for $33 million. The acquisition comes as Zensar looks to strengthen its offerings and expand its presence in the US market. Cynosure is an IT services firm that primarily caters to mid-tier and smaller insurance clients. “Zensar will look at more acquisitions to […]
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Maharashtra-based Fingerlix, a startup allowing users to receive and cook pre-selected, fresh food without preservatives, has raised $1.31 million. With the Indian food and grocery market having grown to the sixth position, globally in terms of size according to an IBEF report, the food-based startup’s mobile app and website fall directly into the category. Users […]
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An art-focused startup looking to build a mobile community of collectors and galleries, Artland, has raised $1 million for company growth. Founded in 2016, the startup looking to brings artists, galleries and buyers together, charges galleries a fee for a subscription on its mobile app which is used for purchasing art from the galleries as […]
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The first startup hub in Bihar has been launched and opened by the state’s Deputy Chief Minister and IT minister, Sushil Kumar Modi. According to Modi, the hub, which is located in Patna and will assist 31 startups, will bring about encouragement within the youth of state to pursue entrepreneurship. At the inauguration of the […]
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The online lending startup, Avail Finance, announced that it has raised $17.2 million (approximately Rs 112 crore) in Series A round of funding led by venture capital firm, Matrix Partners. The funding round also saw participation from prominent investors including Ankit Bhatia and Bhavish Aggarwal from Ola, FreeCharge Founder Kunal Shah, Flipkart Co-founder Binny Bansal […]
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