India’s OkCredit raises $67M to help small merchants digitize their bookkeeping – gpgmail

[ad_1] OKCredit, a Bangalore-based startup that enables small merchants to turn their bookkeeping digital, has raised $67 million to expand its business in the nation. The Series B financing round for the two-year-old startup was led by Lightspeed and Tiger Global. The new round, which follows Series A financing round in June this year, climbs […]

Watch India’s Chandrayaan-2 make its historic moon landing attempt right here – gpgmail

[ad_1] It’s a big day for India’s highly audacious Chandrayaan-2 mission. The nation will attempt to land its lunar orbit on the moon’s surface shortly as it inches closer to become the fourth in the world to complete a successful lunar landing. ISRO, India’s equivalent of NASA, will be live streaming the landing on its website, […]

India’s Milkbasket in talks to raise over $50M – gpgmail

[ad_1] Milkbasket, a Gurugram-based micro-delivery startup, is in talks to close a new financing round as it looks to expand its footprints in milk, groceries, fruits, and vegetables delivery market that has attracted the attention of many in recent months including Amazon India. The four-year-old startup is in advanced stages of talks with private equity […]

India’s Swiggy has a new service that will deliver just about anything – gpgmail

[ad_1] Swiggy, one of the largest food delivery startups in India, has ambitions that move beyond getting chicken shawarma to you. The startup, which began delivering grocery and perishables from local stores earlier this year, today launched Swiggy Go service to enable consumers and businesses to deliver laundry, forgotten keys, documents and just about anything […]

India’s mobile payments firm MobiKwik reaches rare key profit milestone – gpgmail

[ad_1] Indian mobile payments firm MobiKwik has reached a milestone very few of its local rivals can even contemplate: not burning money. The 10-year-old Gurgaon-headquartered firm said Tuesday it is now generating a profit excluding interest, taxes, depreciation, and amortization. “We have been in an ecosystem where we have seen a lot of high-growth and […]

India’s Oyo acquires Copenhagen-based data science firm Danamica for $10M – gpgmail

[ad_1] India’s Oyo said on Monday it has acquired Copenhagen-based data science firm Danamica as the giant lodging startup works to expand its business in Europe. Neither of the parties disclosed financial terms of the deal, but a source familiar with the matter told gpgmail that Oyo paid about $10 million to acquire the Danish […]

India’s Vedantu raises $42M to expand its live and interactive online tutoring platform – gpgmail

[ad_1] Vedantu, a Bangalore-based startup that operates an online tutoring service, today announced it has raised $42 million as it races to expand its reach in the nation where tens of millions of students enter formal education and prepare for under-graduate level competitive exams each year. The Series C financing round for the five-year old […]

India’s 9-month-old CRED raises $120M to help people improve their financial behavior – gpgmail

[ad_1] Many Silicon Valley companies and fintech startups in India today share a common mission: They all want to bring their financial services to the next billion users. Dozens of fintech startups that we have spoken to in recent months have told us that they all want to address much of India, one of the […]

India’s FreshToHome raises $20M to grow its fish, meat, vegetable, and milk e-commerce platform – gpgmail

[ad_1] FreshToHome, a Bangalore-based e-commerce startup that sells fresh vegetable, fish, chicken, and other kinds of meat, has raised $20 million in a new financing round as it looks to expand its footprint in the nation. The Series B round for the startup was led by Iron Pillar, with Joe Hirao, the founder of Japan’s […]

India’s BharatPe raises $50M to help merchants accept digital payments and secure working capital – gpgmail

[ad_1] BharatPe, a New Delhi-based firm that is enabling hundreds of thousands of merchants to start accepting digital payments for the first time each month and also giving them access to working capital, has raised $50 million as it looks to scale its business in the nation. The Series B round for the one-year old startup […]