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Early Diwali at Ola, gets $1.1 bn funding, another $1 bn in pipeline

The company did not disclose the valuations at which funds were raised. Transportation app Ola said on Wednesday it has raised $ 1.1 billion in funding led by Tencent Holdings and is in "advanced......

Ola banned in K'taka for 6 months for violating norms

The state government says Ola was using its existing cab aggregator licence to promote bike taxi services.   The Karnataka government has banned the services of ride-hailing company Ola......

Why angel investors have turned cautious

The 'angel tax' and notices to start-ups and angel investors from the income tax department was certainly a dampener. However, a bigger factor is the lack of exits. Illustration: Uttam......

Tiger Global back on the prowl in Indian start-up arena

The investor has now put together a fund of $3.75 billion to back private companies. After over two-year long hiatus from investing in Indian startups, global venture capital firm Tiger Global......

Taxation issues in the $16 bn Walmart-Flipkart deal under lens

As many as 44 shareholders of Flipkart sold their holdings to Walmart. The income tax law requires the buyer to withhold tax while making payment to the sellers, in case they are not exempted from......

Flipkart: India's big start-up success story

From a modest two-bedroom apartment in Koramangala, the Bengaluru-headquarted company now has multiple offices across the country. From selling books online to striking a jaw-dropping $16 billion......

Angry Birds to swoop on Formula One track

Angry Birds will migrate from cellphone screens to the Formula One racetrack this weekend in Singapore, as the firm behind the mobile gaming sensation rolls out a crowd game to be played by live......
  Web results for Accel Partners
Uni gets $18.5 million from Lightspeed, Accel Partners

The large seed round marks the latest example of a second- or third-time entrepreneur raising substantial capital while still in stealth mode. NEW... ...

https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/uni-gets-18-5-million-from-lightspeed-accel-partners/articleshow/78505520.cms
How VCs are going beyond dealmaking to stay competitive

Sequoia Capital, Accel Partners and Lightspeed India Partners, among India’s most influential VCs, are conducting training and mentorship... ...

https://www.moneycontrol.com/news/startup/how-vcsgoing-beyond-dealmaking-to-stay-competitive_14327641.html
Continuity leads $30 million equity financial round in Groww

Groww competes with Steadview Capital and Tiger Global-backed IndWealth and Accel Partners’ portfolio company Scripbox in providing an online... ...

https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/continuity-leads-30-million-equity-financial-round-in-groww/articleshow/78030064.cms
Hotelogix, AxisRooms, RepUp merge to offer full-stack solution for hotels

The objective of the merger is to harness the data across operations, distribution and customer experience systems to deliver a seamless experience... ...

https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/hotelogix-axisrooms-repup-merge-to-offer-full-stack-solution-for-hotels/articleshow/77757478.cms
India’s SaaS sector to benefit big from Covid-19

Earlier this month, the Mumbai-based mobile and web application testing platform BrowserStack acquired Percy, a Silicon Valley-based company that... ...

https://economictimes.indiatimes.com/small-biz/startups/features/heres-how-covid-19-could-prove-to-be-a-catalyst-for-indias-saas-sector/articleshow/77169517.cms

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