- Paytm Looks To Acquire Deals Platform Little And Nearbuy One97 Communications, the parent company of Paytm, is reportedly in talks to acquire Bengaluru-based O2O deals platform Little and Gurugram-based Nearbuy, reported LiveMint. The reports of the acquisition come in just months after Paytm picked up a majority stake in the events ticketing venture Insider.in. Insider.in is run by OML Entertainment. The same month, Alibaba […]
- Rocket Internet Backed CupoNation Looks To Strengthen Foothold In India CupoNation, Rocket Internet-backed online savings destination platform is looking to strengthen its foothold in India. In a recent move, the deals platform has partnered with ‘ABP Live’ to expand its reach to online shoppers in India. Mayank Sharma, Managing Director, CupoNation Southeast Asia said, “Our partnership with ABP News Network, one of the most well-known […]
- How Did Groupon Make Money – What Was So Smart About It? Assuming we are talking about the original business model, not Groupon Goods, the short-lived Groupon Now and whatever else they have been attempting to do with Breadcrumb etc., it’s more complicated than what people think, but it’s also genius. There’s a lot of learnings for you. The single best one though is, “If you aren’t […]
- Indian Startup Seed Funding Report: 1047 Deals Grossing $340 Mn [2015-2016] The year 2016 has witnessed over 877 deals with combined amount of $3.9 Bn being invested till October 2016 in the Indian startup ecosystem. The break up of the type of rounds being raised gives some interesting observations. A total of 537 (about 61% of total deals) startups grossed $161.5 Mn in Seed funding in […]
- Bengaluru Based Design Startup Tonbo Imaging Inks $100 Mn Deal With Peruvian Army Bengaluru-based imaging-design startup, Tonbo Imaging has reportedly entered into a $100 Mn contract with the Peruvian army. Tonbo Imaging will manufacture and export ‘night-vision sights’ for the army’s weapons. As per the terms of the deal, the device fitted on rifles, will be supplied to Peru by a US-based manufacturer Unified Weapon Systems Inc. (UWS). […]
- Jaarvis Backed Online Deals Platform PromOn Raises Funding From Now Capital Online deals and marketing platform PromOn has raised a bridge round of $180K (INR 1.2 Cr) led by Now Capital. With this, Sahil Baweja and Ankit Gupta from Now Capital have joined Promon as directors and will be helping them in forming corporate strategies. As per Sahil Baweja, co-founder, Now Capital, “Discounts are ubiquitous, but for […]
- Angel Investing In India – Are We Seeing A Bubble? Angel investing seems to have become a growth industry in India today. Lots of people are happy to get on to the startup bandwagon, which is why there are so many incubators, angel groups, and accelerators being set up. Lots of enterprising investors have become entrepreneurs in their own right and have put together groups of […]
- Deal Discovery Platform Nearbuy Raises $2 Mn Venture Debt From BlackSoil Capital Gurgaon-based deals and coupons website, Nearbuy (formerly Groupon India) has raised about $2 Mn (INR 15 Cr) venture debt from BlackSoil Capital Private limited. This is the first debt transaction for Nearbuy after last August. The startup aims at utilising the capital for investing in customer and merchant technology. Talking about the investment, Mohinder Pal […]
- 14 Penultimate Rules On Being More Creative “You know that ‘penultimate’ means ‘second’, right?” she said to me. I forget why, but it was in a horribly embarrassing situation. I remember that. I remember thinking I thought ‘penultimate’ meant ‘number one’. ‘You know it’s not the best. It’s the second best,” she repeated. I remember the blush. I remember her asking the question […]
- Accel Partners Backed O2O Platform Crownit Gets A Boost From Kunal Shah And Other Angel Investors Local merchant discovery and privileges platform, Crownit, has secured an undisclosed amount of funding from FreeCharge founders Kunal Shah & Sandeep Tandon, Freshdesk founder Girish Mathrubootham and former Snapdeal CPO Anand Chandrasekaran. Kunal Shah, Founder, FreeCharge, said, “Crownit has built a sustainable marketing programme for offline merchants. The consumer engagement of Crownit has proven that […]
- AdLift CEO Prashant Puri Invests $300K In PriceRaja Gurgaon-based PriceRaja, a product & price comparison and deal aggregation platform, has raised about $300K (INR 2 Cr) from Prashant Puri, founder and CEO of AdLift. With this, Puri will also join PriceRaja in an advisory role. The startup will used the newly raised capital to fund its expansion. PriceRaja was founded in January 2014 by […]
- How Entry Of Online Players Is Boosting Car Dealership Segment In India The market for pre-owned cars in India has seen a sudden surge in popularity buoyed by factors like greater customer acceptance, the desire to upgrade to high-end models and the fact that the car dealership sector is undergoing a sea change. From being a largely unorganised space, this segment is now becoming more and more […]