Bengaluru-based MoveInSync Technology Solutions, a transportation and logistics startup, has raised an $8 million investment round. The startup runs a platform which provides users with features to improve their transportation and commuting experiences, such as tracking commute times and making sure the commute is efficient. The company was previously a car-pool startup called RideInSync. Inventus […]

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 […]

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 […]

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 […]

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 […]