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.

Bangalore-based online hotel reservations startup MiStay, has raised an undisclosed amount in seed funding from Axilor Ventures and a group of angels, a press statement said. The startup will use the freshly raised funds for hiring talent and marketing, apart from expanding operations. Founded in 2016 by Indian Institute of...

One of the problems faced by the city people for daily commuting is finding a ride that is easily available, affordable and quick to board. And when it comes to driver issues, bargaining and idle time are the two things that kill their productivity. 3 years ago, Jugnoo -...

SoftBank and Alibaba-backed Paytm on Tuesday said it has invested in Mumbai-based lending startup CreditMate. The fintech major, however, did not disclose the investment amount. CreditMate was founded in 2016 by Jonathan Bill, Ashish Doshi and Aditya Singh. The company focuses on secured lending against two-wheelers. As a part of the...

Mumbai based Instinct Innovations has raised a seed round of funding led by Vida Ventures and Dr. Aniruddha Malpani for its Redbook platform. Redbook, already being used by over five hundred pharmacies in Mumbai, acts as the base for a proprietary AI engine that offers deep insights on drug...

Nuvepro, a managed cloud environment solutions provider, today announced that it has raised $400K investment led by 1Crowd and its investor community. The investment will be used to deepen their R&D efforts and continue to expand into the worldwide market. 1Crowd is a unique angel investment platform focused on early...

Underlining its commitment to drive innovation through disruption, Venture Catalysts, India’s first integrated incubator, recently participated in a pre-Series A investment worth INR 4.5 crore for ONN Bikes, a Mumbai-based self-drive bike rental platform. The funding was led by existing investor Z Nation Lab and also saw participation from...

India’s leading online home interiors brand, HomeLane.com, today announced the acquisition of Capricoast.com, a leading online home interiors marketplace, for a consideration of INR 90 crores. HomeLane.com said that this acquisition will enable it to offer its customers a smoother and more streamlined home designing experience enabled by technology. Following...

Perspectico, which is just a little over two-months-old edtech startuo, has raised incubation support and an undisclosed amount of funding from the incubation cell of Delhi University, SIIF. SSCBS Innovation and Incubation Foundation (SIIF) is an outcome of Incubation Policy from Govt. of NCT, Delhi. Perspectico will use the...

Gurugram based food-tech startup Hungry Foal secured a Pre-Series A Funding from GAIL (India) Ltd under GAIL’s startup initiative ‘Pankh’. The agreements were exchanged at ‘Startup Sangam’ - an event organized by Ministry of Petroleum and Natural Gas in the presence of Shri Dharmendar Pradhan, Minister of Petroleum...

Gurgaon-based India Accelerator on Tuesday announced their list of final six startups they will be investing in, spread across sectors like FinTech (Kuants), a Ukrainian startup working on AI-backed Sign language-to-speech converter (EValk), Lifestyle products Rental platform (Voko), AI backed gift-recommendation platform (Wish-a-Mitr), Inter-city cab platform (CabBazar) and an...