An incubator programme launched by Paytm will look toward developers who provide top quality solutions incorporating technology and design in various sectors. The virtual incubator was launched as part of the ‘Build for India’ initiative and hopes to start with 20 different institutions, aiming to create a community for technology developers in the country and […]
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Ahmedabad-based SME lending startup, Lendingkart Finance, announced that it has raised Rs 25 crore in debt from the State Bank of India (SBI). In a statement, the company said that the loan is in the form of cash and credit facility which will allow the startup to draw the amount in separate tranches as and […]
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With plans of expanding their national presence, CoWrks has leased commercial space in three separate deals. The company, founded in September 2016, provides shared office spaces for startups and has leased space in Mumbai and Gurugram, of a total of 2.25 lakh sq.ft. “This is in addition to our three existing centres in South India […]
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The US-based ride hailing company, Uber, is selling its US auto-leasing business, Xchange Leasing to a car marketplace startup, Fair.com. The news was first reported by the Wall street Journal, while citing sources familiar with the sale. Fair.com is a startup that offers customers open-ended leases for “pre-owned” cars through car dealers. The startup was […]
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Appario Rental, a seller entity recently formed under a joint venture between Amazon and Patni group, has received a fresh capital infusion of Rs 100 crore, as per the latest filings of the Registrar of Companies (RoC). Amazon had formed a joint venture with the Patni Group in September 2017 in order to strengthen its […]
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