Category "News"

SBI Signs MoU With Amazon For Frictionless Payments

- - News
SBI Amzon MoU

The Indian banking giant, State Bank of India on Wednesday signed a Memorandum of Understanding (MoU) with e-commerce player Amazon to develop payment and commerce solutions for customers and small businesses (SMEs). According to the MoU, SBI and Amazon will develop frictionless payments and commerce solutions for customers and small...

Swiggy Raises $2 Million Funding From SAIF And Accel Partners

- - News
Swiggy Fund Raising

SAIF Partners and Accel Partners have invested $2 Million in Bengaluru-based Swiggy, an on-demand food ordering start-up out of Bengaluru offering speedy deliveries from neighbourhood restaurants. Swiggy started operations in August 2014 in the Koramangala neighbourhood of Bangalore and has been growing at a very fast pace since. Using a...

FreeCharge Raised $80 Million In Series C Funding

- - News
FreeCharge Raises $80 Million In Series B Funding

India’s leading online mobile recharge platform FreeCharge today announced that it has raised $80 million (approx. INR 480 crore) in funding. The investors for the fresh round includes San Francisco-based head fund Valiant Capital Management and Hong Kong-based hedge fund Tybourne Capital Management. The round also saw participation from existing...