Suman Chaudhary

An engineer by education and writer by profession, Suman keeps tab on startup ecosystem of India and leads the research team of IndiaWeb2 for covering funding deals, merger & acquisition and market reports.

Here is a list of top funding deals that happened in Indian Startup Ecosystem this week. Check out the brief description about all of them.Flipkart To Raise $1.5 Bn From eBay, Tencent at $11 Bn ValuationA week ago, we reported how there were strong rumours in the...

Tech Mahindra, a specialist in digital transformation, consulting and business re-engineering and Huawei Enterprise Business Group (EBG) have signed a global partnership agreement.Basis this agreement, Tech Mahindra will market Huawei’s enterprise products and services across 44 countries including India. The alliance would also involve launching...

Leading BFSI and Fintech companies have collaborated to form the largest Fintech Group at IAMAI. The purpose of the group is to encourage collaboration, seek complementarities and build synergy between leading BFSI companies and the emerging Fintech start-ups.The group comprises of 60 members from leading banks and...

Postman, provider of the most popular API toolchain available, today announced that it has moved its corporate headquarters from Bangalore, India, to San Francisco to better serve the needs of its community: API developers.The new San Francisco office will house all sales, marketing and customer success staff,...

Indian Angel Network (IAN), world’s largest business angel group, has made an undisclosed investment in Gurugram-based farMart, an agriculture machinery renting platform for the farmers and by the farmers. The investment was led by Ambarish Raghuvanshi on behalf of IAN and he has also joined...

Flock, the Team Messenger, today announced that CEO Bhavin Turakhia plans to invest $25 million into the company to enhance product innovation and meet global demand. The added funding is in addition to the self-made tech billionaire’s original investment of $20 million. As the company closes in...

Indian financial marketplace Deal4loans has announced its new corporate identity. Effective immediately, the Company is rebranded to Wishfin. The name – Wishfin captures the company’s mission of fulfilling aspirations and wishes of users via financial products and services covering the broad spectrum of wealth management, investment, and...

Fitso, a health and fitness app has raised $200K of angel funding from a group of angel investors namely Sujeet Kumar (ex-president, Flipkart), Bhupinder ( CEO, INtelenet), Yashish Dhaiya (CEO, Policy Bazaar) and a few more. Fitso was launched with an idea to make fitness accessible and affordable for...

Infoworks.io Inc., the industry leader in enterprise data warehousing on Hadoop, announced that it has closed $15 million in a Series B financing. The company will use the financing to scale go-to- market and customer success programs to meet customer demand. Centerview Capital Technology led the round with...

WNS (Holdings) Limited (WNS) (NYSE: WNS), a leading provider of global Business Process Management (BPM) services, today announced it has acquired HealthHelp, an industry leader in care management. HealthHelp works closely with both payors and providers to help improve patient outcomes and drive long-term sustainable...

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