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.

BYJU’S, India’s largest education company announced a new round of funding from Tencent Holdings Limited (Tencent), a leading provider of Internet value added services in China. This latest round of funding will help BYJU’S accelerate product development for new markets and enable inorganic growth through...

Prestellar Ventures, a Singapore-based venture capital firm, launched a $100M venture capital fund backed by four general partners (‘GPs’) - CG Corp Global (Nepal’s sole Forbes-listed billion-dollar enterprise), Satin Creditcare (the third largest Microfinance Institution in India), Frontline Strategy (a private-equity firm in Mauritius) and...

Paytm has appointed Kiran Vasireddy as the Chief Operating Officer (COO) for its payments business. Going forward, Kiran will be overseeing all product and business functions for the payments division in line with its growth plan for bringing 500 million Indians into the mainstream economy.Over...

Noticeboard, Bengaluru-based communication platform for frontline staff, has raised its first round of $1.2 million led by Stellaris Venture Partners.The funds will be used to strengthen the technology, product and design teams. Noticeboard is focused on leveraging the power of the mobile phone to make information...

The legal industry is on the cusp of a transformation in which artificial-intelligence platforms dramatically affect how legal work gets done. Tech-savvy law firms are now setting up their own start-up accelerators, and this sector is expected to attract considerable VC attention in 2018. Most new entrants in the...

Jugnoo, India’s leading hyperlocal startup, is all set to create its footprints in the South Korean market. The B2B offering of the company, Tookan has been selected as one of the top three finalists to participate in K-Startup Grand Challenge - a 4 month accelerator...

Qbera, a fintech start-up offering quick and hassle-free personal loans, has announced the launch of its operations in Mumbai.The digital platform facilitates easy access to funds for salaried individuals through a simple and convenient application process for unsecured loans, providing instant approval and quick loan...

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 Might be Getting $500 mn from SoftBank in Fresh FundingIndian e-commerce giant Flipkart might soon get a fresh boost of...

Elanic, India’s largest pre-owned buying-selling community, has announced that it has joined hands with SecondCry, a parent-only marketplace for children’s pre-owned products. The acqui-hire is aimed at expanding product offerings to existing consumers while opening up new market opportunities. It strengthens Elanic’s...

FableStreet, a Premium work-wear brand, raises seed round from angel investors - Kanwaljit Singh (MD Fireside Ventures, former MD Helion Ventures), Harmeet Bajaj (Fashion Multipreneur, 25+ years in International and Domestic Fashion Industry), Pameela P (Sr. Director at Unilever), Fusiontech ventures and select other investors...