Category Archives: News

Venture catalyst invested INR 3.5 cr in Bangalore based startup CleanseCar.

CleansCar

CleanseCar is an app-based daily cleaning service for cars and bikes funded by Venture Catalysts and other investors Omphalos Venture India LLP, Rishabh Mahimtura, Anil Patel and Vishal Brambhatt of rupees INR 3.5 Cr. The startup provides door to door service to the customers. The startup is based out in Bangalore, started by Kalyandhar Vinukoda […]

Fareye logistics firm acquired IoT (Internet of things) based startup Dipper technologies.

Dipper Technologies

An acquisition leads to betterment and development of the companies. Fareye which is logistics management startup acquired IOT freight logistics startup Dipper Technologies the deal amount is undisclosed by both startups. Fareye is a SaaS (software-as-a-service) platform, started in 2013 by Gautam Kumar, Gaurav Srivastava, and Nahata. The firm is based out in New-Delhi, which […]

Micro-delivery startup Milkbasket based out in Gurugram funded by Mayfield India.

Milkbasket

Milkbasket online grocery (E-commerce) startup funded by Mayfield India with $1.37 Million (INR 10Cr). This funding round is conducted under the supervision of, Nikhil Khattau who is managing director of Mayfield. Mayfield fund Is USA based Venture capital firm which mainly invests in startups which are in the initial stage. The focuses of the firm […]

Hyderabad based startup E-trio launching electric vehicles in India to save environment.

E-trio Startup

Hyderabad based startup E-trio manufacture of EV cars got the ratification from ARAI (Automotive Research Association of India). It is the country’s first startup/company which got approved apex industry body. The startup got permission to modify petrol/diesel into retrofitted cars (Maruti Suzuki Alto and Wagon R). ARAI is the Pune based organization which started in […]

Swachch Bharat Grand Challenge by startupsindia for Sanitation, Air, water& waste management startups.

Swachch Bharat Grand chalenge

StartupIndia is the country government initiative to encourage the startups in India to develop and to create employment opportunities. StartupIndia started “Swachch Bharat Grand Challenge”; this challenge for the startups who are working to solve the problems in the following areas like Sanitation, Waste management, Water and Wastewater management, Air management. Sanitation: To provide solutions […]

Whatsapp is funding Indian start-ups by collaborating with Invest India.

Whatsapp funding indian startups

Whatsapp which is the most known social app in the world. The social app is planning to encourage startups in India by funding. The Whatsapp which is owned by Facebook collaborated with invest India. They both together are going to conduct the Startup India WhatsApp Grand Challenge. The top five contestants will get INR 1.8 […]

SoftBank is going to fund online grocery delivery startup Grofers ($110-150 million).

grofers

Grocery delivery startup Grofers will soon get the fresh funding from the Japanse SoftBank vision fund $110-150 million. The final decision is how much to fund is not decided yet, some other small financial companies also planning to invest in the Indian startup. In this round of funding, German retail group metro Ag, albeit will […]

Dorco Korean company gets 10% stake in Chandigarh-based grooming startup LetsShave.

LetsShave news

India’s grooming products provider for both men and women company LetsShave acquired by Dorco Korean Company which is into the razor business since long run. The Dorco has taken a 10% stake in the LetsShave Company. Both companies did not reveal the amount for the 10% stake in the company. LetsShave is the Chandigarh-based company […]

Solar startup Azure Power funded by Canada’s CDPQ of $185 Million.

Azure power

As the world runs majorly on electricity, nowadays solar power is becoming as essential as the natural resources are decreasing gradually. So, government supporting individuals, startups to go for solar power usage and generation. Azure power startup which is one of the largest solar companies in the country. The startup raised $185 Million from Canada’s […]