Will use proceeds to acquire customers and expand business beyond Gurgaon
Abhay Pandey, Managing Director of Sequoia Capital, to join Board
Device does not need to be connected to any smartphone and can automatically sense and send data
Had raised Rs 10-cr in a Series-A round of funding from Mumbai-based private equity firm Brick Eagle in Feb 2015
Growing demand in the logistics sector due to boom in e-commerce is the reason
Falcon Edge Capital, Ola Cabs, Meru Capital, Matrix, others participate
Says such companies have huge potential to become highly profitable
Mukesh Bansal will assume the position of the chairman of the board while continuing to lead Flipkart's commerce platform
An increasing number of start-ups are designing and building electronics hardware in India, a segment the country sorely lacks and needs on priority basis
In January last year, Innoviti had raised Rs 10 crore in a combination of debt and equity
Tech start-ups have legitimate issues with the new platform meant for them to list, which Sebi and even accounting rules have yet to recognise
Microsoft-registered company currently focuses on refurbishment of desktops, laptops, mobility devices
Bootstrapped in 2012, NumberMall had raised Rs 5 cr in 2014
A top executive with a venture capital firm says one of the first indications of the slowdown is the fact that investors are going back on signed term sheets
Funding to be deployed for multi-city expansion and brand management activities
Helps businesses track expenses on a real time basis
Idea is to bring millions of small and medium enterprises online by making it easy for them to list and sell