Self-publishing platform, Pratilipi, announced that it has raised $4.3 million (approximately Rs 28 crore) in a Series-A funding round. The round was led by Omidyar Network, and saw participation from prominent new investors like Shunwei Capital and WEH Ventures as well as existing investors like Nexus Venture Partners, among others. The latest influx of funds […]

Ed-tech platform, CollegeDekho, announced that it has raised $2 million in its third round of funding. The round saw participation from ManCapital, GirnarSoft and other investors. According to a statement released by the startup, the funds raised will be utilised to strengthen its technology, expand its collaborations with international colleges and increase its marketing activities […]

Delhi–based microlending startup, Cash Suvidha announced that it has raised $ 2.5 million (approximately Rs 16 crore) in debt financing.  According to a statement released by the company, it raised $1.5 million via a private placement of non-convertible debentures and the remaining $ 1 million from two financial institutions, whose names remain undisclosed. “This capital […]

Indian ride-hailing company Ola announced that it has signed a Memorandum of Understanding (MoU) with the Government of Assam to pilot test an app-based river taxi service in the financial hub of the Northeast, Guwahati. The MoU was signed at the Global Investors Summit: Advantage Assam, which currently on going in Guwahati and was in […]

Used car automotive service provider, Mahindra First Choice Wheels announced that it has raised $15 million in a funding round led by its existing investors. The company plans to employ the funds to expand its franchise dealer network and invest in new technology enabled products and services for the online consumer. According to a statement […]