Company will invest funds in expanding India presence and strengthening technology base
The company aims to solve the everyday problem of uncertainty and delays over food ordering in food courts
According to a report by Nasscom, there are close to 400 companies in India focused on the fin-tech market globally.
The e-tail venture plans to initially offer apparel, electronics and footwear products
The company, founded in 2014, is a 360-degree health and wellness platform
Firm offers both online and offline laundry services; plans to expand beyond Ahmedabad to other cities in Gujarat
Firm plans to launch a range of school supplies such as uniforms and allied products, and facilitate fee payments across 500 schools
MUrgency had earlier raised funding from Infosys co-founders Kris Gopalakrishnan and S D Shibulal's Axilor Ventures
Intelligent Interfaces was being designed to use data analytics to 'streamline processes for government'
Initially, Grofers will make Ola Money as preferred payment solution; firms will cross-sell each other's services
These start-ups will join 18 other promising start-ups from Brazil, Indonesia and Mexico in Silicon Valley next month
Company has so far facilitated loans of over Rs 400 cr to entrepreneurs and small businesses, while registering a 20 fold growth in past one year
Round also saw participation from angel investors including Girish Mathrubootham, CEO of Freshdesk
SoftBank releases data on India investments, quiet on Housing.com
The food-based portal intends to provide authentic cooked-food from renowned chefs and home-makers who have expertise in regional cooking
Funds to be used for better risk mitigation practice and expansion
It plans to use the capital to grow to 5 million users within the next two years
Saahil Goel, CEO & co-founder of Kraftly, talks about a report that gives an insight into a revelation that funding into startups has nosedived
The funding comes just a year after announcement of seed round led by angel investors and Micromax