Category "News"

Zomato Acquires Urbanspoon; Sixth Acquisition In Last Six Months

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Zomato Acquires Urbanspoon

Zomato, the restaurant search app, announced today that it has acquired Urbanspoon for an undisclosed amount in an all-cash deal. The acquisition marks Zomato’s entry into the United States. This also establishes Zomato’s presence in Australia and Canada, while adding to its already dominant position in United Kingdom and New Zealand. After...

Online Fitness Service Provider Gympik Raises Funding; Plans For Geographic Expansion

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Gympik - Online Fitness Service Provider

Bangalore-based technology start-up Gympik Health Solutions Pvt. Ltd., which owns and operates online marketplace-cum-ecosystem for fitness & wellness service providers, has raised $135,000 (about Rs 86 lakh) in seed funding from group of angel investors including, Capvent’s managing partners Tom Clausen Haldyn Glass and Rohan Ajila, as well as BSE listed... Raised $90 Million From SoftBank And Others

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One of the India’s largest property portals 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 as its first acquisition in India for $1.2 billion as reported by VCCircle. Jabong is backed by Rocket Internet, which had...