Proceeds will be utilised to expand company's hyperlocal shopping services to over 50 cities
The app uses a traveller's mobile GPS to predict a train's delay.
Investments are pouring into online portals for add-ons.
As the tides of investments change over time, venture capital funds are shifting their focus to businesses related to consumer demand such as education, media and entertainment, food & beverages and alternative energy.
The company, started by three BITS Pilani graduates in 2005, could be planning to aggressively scale up its business to tap the untapped potential that the bus-booking service offers in India.
The past few years have seen the first cycle of mergers and acquisitions, exits, and track-records being created.
In an interview with Ranju Sarkar, the founders of Stellaris Venture Partners -- Ritesh Banglani, Alok Goyal and Rahul Chowdhri -- share discuss their unique founder network and why they are bullish on India.
The company is in talks with investors and the deal could be closed in a few weeks. At present, it operates in 37 cities in India.
Ola Cabs acquires TaxiForSure in $200-mn deal.
MySmartPrice has been growing about 100 per cent a year and is profitable.
The ban on taxi aggregators can put at risk investments of at least Rs 2,000 crore (Rs 20 billion), made by private equity (PE) and venture capital (VC) investors.
Sources say investors of the company have expressed their desire to speak to the management shortly and it could be about discussing Yadav's role in the company.
It quickly went from being a darling of investors to a liability
People move from investment banking to growth equity or from venture capital to growth equity or entrepreneurship, depending on what's attractive at different points of life.
Housing.com boss gifts his shares to staff.
Investments are at risk if operators are unable to resolve concerns of authorities and customers after the rape accusation.
Simplilearn said the pandemic had accelerated demand for skills in areas such as artificial intelligence, cloud computing, data science and cybersecurity.
Online shopping is the new buzzword amongst masses.
Meru Cabs' founder says they were a traditional company.
ShopClues does 1.5 million transactions a month and claims to have 40 million monthly visitors.
With the launch of Woohoo, QwikCilver now targets two markets in India - the gifting market, worth $7 billion and gift cards as a category.
Investors seem to be very keen on investing in startups.
Free speech is the soul of a great university. By compromising on it, the founders have bartered away its soul, said Rajan.
The start-up works with 2,000 owners and hosts 10,000 tenants across four cities - Bengaluru, the National Capital Region, Hyderabad and Pune.
RailYatri offers a host of travel-related services to a 4.5 million user base. Shine Jacob finds out what's next for the app.
As the funnel of good-quality early-stage companies are built, mid-stage and growth capital always follows, says Fireside Ventures founder Kanwaljit Singh.
After six years in the business, the scorecard of Bengaluru-based QwikCilver is impressive, with a 90 per cent market share.
Start-ups that did not have a business model and, hence, could not grow or attract new funding, are shutting shop.
According to data from Venture Intelligence, PEs invested in two mobile payment solutions firms each in 2009, 2010 and 2011. This grew to four deals in 2012 and five deals in 2013.
Long before he launched Paytm, Vijay Shankar Sharma, a 32 year old from Aligarh, embarked on his ambitious entrepreneurial journey.
Investors spent much of 2016 cleaning house. And a VC tells Ranju Sarkar, "There's still some bad news left in the portfolios (of VC firms). What happens to Ola and Flipkart will drive sentiment in future."
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