Mumbai

Apax may pick up 45% stake in the company

It will buy out existing investors Khazanah and TA Associates

Fractal Analytics may be valued at $350-$400 Mn

Investment will be used to grow the depth of the product and expand reach in more markets in India

International angel and seed investors from Silicon Valley, Hong Kong, Europe, Singapore, and India participated

Cube Wealth works on the concept of disciplined long-term wealth creation using the MAP philosophy:

• UPI 2.0 will be launched by dignitaries such as Urjit Patel, Rajnish Kumar, and Nandan Nilekani
• A consortium of over 10 public and private banks will join UPI 2.0 from the beginning
• The updated version of UPI will bring in new features such as overdraft facility, IPO subscription, and block feature on digital payments

• 18 startups from Mumbai, Delhi, and Bengaluru have been selected for the Oracle accelerator programme
• Selected startups are actively using technologies such as AI, ML, chatbots, among others
• Oracle's enterprise-grade cloud platform allows startups to be able to scale rapidly, securely and cost-effectively.

Scootsy will continue as an independent app

Swiggy will further strengthen Scootsy’s curated restaurant network

The acquisition will enable Scootsy’s expansion across Mumbai and other major cities

Online luxury fashion store Pernia's Pop Up Shop forms a joint venture with Purple Style Labs

The joint venture is targeted at business growth and expansion across all modes of retail channels

The companies are also eyeing international expansion

• Aims to provide easy, seamless and paperless experience to customers
• Customers can avail loan sanction up to $291.87K
• Platform is developed in partnership with Biz2Credit

Clinivantage Will Use The Funding To Scale Up And Expand Its Operations

The Funding Round From Amicus Capital Valued Wonderchef At $102.6 Mn

A Curated List Of Startup Events [June 11-17, 2018]

A Curated List Of Startup Events [June 4-11, 2018]

The P2P Platform Plans To Leverage The Unutilised Carrying Capacity Of Travellers To Help Deliver Consignments