Category "News"

Housing.com Raised $90 Million From SoftBank And Others

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Housing.com Raised From Softbank

One of the India’s largest property portals Housing.com on Tuesday announced that it has raised $90 million from Japan’s SoftBank . Existing investors including New York-based hedge fund Falcon Edge Capital, Nexus Venture Partners, Helion Venture Partners among others may also participate in this funding round. The company will use...

YouTube Offline View Goes Live In India

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YouTube Offline Version

Google has finally started rolling out the offline video viewing feature to its users on its Android and iOS app in India. After almost two months of making the announcement, the company today made it available for the users. This new feature allows users to temporarily store videos offline to...

Amazon To Acquire Jabong For $1.2 Billion

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Amazon Jabong Deal

As the style keeps changing, clothing industry remains a higher margin, fast growing and evergreen business. American online retail giant Amazon is planning to buy the fashion portal Jabong.com as its first acquisition in India for $1.2 billion as reported by VCCircle. Jabong is backed by Rocket Internet, which had...

Milk Mantra Acquires Westernland Diary For 10 Crore

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Milk Mantra Raises Rs. 80 Crore In Series C Funding

Odisha based dairy startup Milk Mantra has acquired Sambalpur-based Westernland Dairy as its first acquisition. With this acquisition the company seeks to expand operations, which comes at a time when an increasing number of emerging ventures are taking on the established players in the Indian dairy space. Founded by Srikumar...

Flipkart Raises Another Round; Valued At $10 Billion

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Flipkart Funding

India’s biggest e-commerce player Flipkart has raised another $500-600 million fresh financing round led by its existing large investors at a whooping pre-money valuation of $10 billion. According to a TOI report, Tiger Global, South Africa’s Naspers and Yuri Milner’s DST Global, along with others, have pumped in $50-100 million...