- Funding Galore: Startup Fundings Of The Week [28 November – 3 December] Flipkart’s valuation took another beating as a mutual fund managed by Morgan Stanley slashed the value of its Flipkart shares by 38.2%. The recent markdown pegged its valuation at $5.54 Bn. Morgan Stanley, as of September 2016, has marked the value of its Flipkart shares at $52.13 per share, as compared to $84.29 per share […]
- Hyperlocal Shopping App ShopsUp Raises $963K Seed Funding Location-based shopping app ShopsUp, has raised a Seed funding of about $963K (INR 6.6 Cr) from Anand Sankeshwar, managing director at VRL Logistics and Yang Shu, CEO of Taojinjia. Founded in 2015 by Suhas Gopinath and Anmol Vij, ShopsUp helps users discover branded and local lifestyle stores and rewards them with exclusive offers and discounts. […]