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.

Leading international property consultancy JLL India today announced an investment into Zipgrid, India's fastest-growing technology and knowledge services provider in the community management space. This marks the closure of Zipgrid’s pre Series-A round of $500K. It is also JLL’s third investment by its JLL Technology...

Travelspice, India's only travel e-commerce platform where customer decides price she wants to pay for a hotel room, today closed early stage funding from Eagle10 Ventures.Travelspice works with 3 star to 5 star hotels in more than 212+ cities across India and 6 cities outside...

Delhi-based affordable housing finance company, Ummeed Housing Finance today announced that it has raised Series B funding of $5.6 million from existing investors Lok Capital Growth Fund (Lok’s third fund) and Duane Park.This is close on the heels of the first...

Capital First would has announced that Cloverdell Investment Ltd, an affiliate of Warburg Pincus has sold 25% stake in the company to marquee Foreign and domestic investors. Cloverdell Investment Ltd continues to be the Promoter of the company with 36% stake in Capital First Limited.As part of this transaction,...

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.Paytm Raises $1.4 Billion From SoftBank in a Largest Funding Round from Single InvestorIn what could be seen as the largest...

Bahrain’s EDB has set up office in Mumbai to accelerate its fintech development program. The new fintech fund will invest in Indian startups that have an economic interest in Bahrain. In a bid to speed up its financial offerings in the fintech space, Bahrain has tied...

DesignGild, a first of its kind design led startup accelerator from the house of MIT Institute of Design, has announced the launch of its first batch of the accelerator programme with two startups QtPi from Bangalore and RxHealth from Pune. The boot camp for these startups commences...

Dr. Ritesh Malik, founder of Innov8 & Project Guerrilla has invested an undisclosed amount in Chandigarh based startup ‘Pumpkart’.Pumpkart is India’s largest online niche platform for selling water pumps. started by KS Bhatia in 2014. Water pump...

PaySense, India’s fastest growing digital credit platform, today announced their Series A funding of $5.3 million. The round was led by Jungle Ventures with participation from Naspers Group and Nexus Venture Partners. The company had raised an earlier round of investment of $2.3 million led...

Qbera, a fintech start-up offering quick and hassle-free personal loans, has announced the launch of its operations in New Delhi and Chennai.The digital platform offers easy and convenient applications for unsecured loans, providing instant approval and disbursing loans in as little as 24 hours.Launched in...

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