Press Release

Necessity is the mother of all inventions. So, when the startup scene started booming in India and people realised that their small budgets and the space crunch in the country didn’t allow them to have their individual spaces early on in the game, they decided to share their...

BabyChakra, one of India’s largest and fastest growing social discovery and commerce platform for maternity and childcare announces two key leadership appointments. The company has brought on board former FreeCharge executive Ms Rachita Choudhary as Head of Engineering and founding member of Jabong and Hopscotch Mr. Samarth...

In an effort to enhance their customer base in South East Asia and Australia, pCloudy.com - one of largest mobile device cloud platform, today announced the launch of its new device data center in Melbourne, Australia. The launch of the data center is aimed at tapping...

Ecom Express Private Limited, a leading end-to-end logistics solutions provider for the e-commerce industry, has appointed Mayank Gupta as Senior Vice President and Chief Financial Officer. Mayank brings with him over 19 years of expertise and experience in the areas of strategy, business, finance, operational turn...

FinMomenta, a Digital lending platform has introduced another core loan segment on their platform called Corporate HR loans for employees to make borrowing money easier in times of emergency. This innovative step by the company will allow employees of the corporates to borrow...

Bangalore-Based Vogo Automotive Pvt Ltd, which operates a tech-enabled scooter sharing platform, VOGO has raised an undisclosed amount in seed funding led by the family members of the Murugappa, A.V. Thomas groups & Thiagaraja Groups. The funding round has also seen participation from Ajit Thomas, Chairman...

Synup, a provider of SaaS-based solutions that enables local businesses to manage their online presence, today announced it has completed a $6 million (approx INR 40 crores) Series A round of financing. The fresh round of investment is led by Vertex Ventures along with Synup’s existing...
Infosys

One of India's biggest multinational corporation, Infosys, is now helping local Indian startups take their solutions to a global scale. EdgeVerve Systems, which is a wholly-owned financial product subsidiary of Infosys, has decided to explore the great expertise that Indian startups have to offer to buckle up...

In a shocker of a news, Aditya Birla Group’s fashion e-commerce platform Abof.com has decided to shut its shop by the end of 2017, according to a report in the Economic Times. Aditya Birla Online Fashion started its operations two years ago in...

Acko, India’s first online General Insurance Company today announced that it has received the final clearance from Insurance Regulatory & Development Authority (IRDA), enabling the company to commence general insurance business in India. The company had filed the application for the licence with IRDA to set...