Yatra acquires hotel rooms aggregation company MagicRooms.in
Bangalore based Hotel rooms aggregation and reservation company, MagicRooms.in has been acquired by Yatra.com. Yatra.com is the online travel agency which has raised Rs 200 […]
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HomeShop18 acquires online bookstore Coinjoos.com
HomeShop18, the 24 hours shopping channel, is acquiring Coinjoos.com. Coinjoos.com (formerly known as Flipgraph) is owned and operated by OnGraph Technologies Pvt Ltd, an outsourcing […]
Flipkart valued at $1B?
Flipkart is potentially looking to raise $150m USD at a valuation of $1B USD making it the first Indian Internet company to cross $1B USD valuation mark.
Snapdeal raises $40 million USD in series B funding
SnapDeal announced today that it has closed a series B venture capital funding of $40 million USD by Bessemer Venture Partners, Nexus Venture Partners and […]
Start a company in India in 24 hours
Incorporating a company in India usually takes 4-6 weeks. However, according to a recent circular issued by the Ministry of corporate affairs, incorporation formalities will be completed in 24 hours. If implemented, the initiative will be a huge boost to entrepreneurship ecosystem in India.
Bigshoebazaar raises Rs 40 cr from Nexus Venture and Catamaran
The Delhi based online wholesale company Bigshoebazaar.net has raised Rs 40 crores in the second round of funding. Catamaran, a venture capital fund founded by […]
Vserv raises $3 million USD from IDG Ventures India
Mobile Ads Network, Vserv, raised $3 million USD in series A funding from the venture capital fund IDG Ventures. Established in Jan 2010, the company […]
IndiaPlaza.in raises $5mn in venture capital funding
Indiaplaza.in has raised $5 million USD in venture capital funding from NEA-IndoUS. Indiaplaza.in, controlled by The Indigo Monsoon Group, is one of the e-commerce companies […]
Times Internet starts T-lab incubation program for Internet and Mobile Entrepreneurs
Times Internet Limited has started an incubation program to develop and nurture entrepreneurs in the Internet and Mobile space. T-Labs will work with the incubated […]
SAIF Partners invest $5.5M in Online Apparel Store Zovi.com
Private equity player SAIF Partners has invested $5.5 Million USD in the online apparel store Zovi.com. Angel investor Deep Kalra (founder of MakeMyTrip.com) has also […]