Search Results for: Sequoia

Zoomcar raises $24 million from investors led by Ford Smart Mobility

With the latest funding, the car rental firm looks to expand its fleet to tier-2 and tier-3 cities in India.

Aug 25, 2016

ClearTax hopes to cash in on e-filing of income tax returns, aims for 5 million users by 2018

Over a million users availed of the facility to file their income tax returns online and the numbers could go up rapidly, says ClearTax.

Aug 24, 2016

Blackstone, Bain Capital, KKR, others keen to buy 48% stake in Mu Sigma

Blackstone Group, Canada Ontario Teacher's Pension plan, Bain Capital are competing to acquire stake in the firm.

Aug 22, 2016

Corporate VC funding in Indian start-ups jumps 5-fold in June quarter

Internet, mobile and healthcare were the top three sectors for start-up funding activities in April-June quarter across the world, says a CB Insights report.

Aug 10, 2016

Phone Bills To Go Up By 10-15 Percent In Coming Months; Carriers Owe Government Crores In Spectrum Purchase

Naspers-backed Pay U to acquire fintech firm Citrus Pay in all-cash deal

The Nasper-Citrus deal is expected to close by the end of August or September this year.

Aug 8, 2016

Zoomcar raises $25 million from Ford Motor; equity funding rises two-fold

Zoomcar has raised $25 million from Ford Motor, and the latest funding has taken its total equity funding to $46.5 million.

Jul 25, 2016

Acquisitions and angel funding dominate food tech start-up industry worldwide, reveals Traxcn

Acquisitions, early stage investment and restaurant aggregation business model are prominent worldwide trends in foodtech start-up ecosystem, says Traxcn.

Jul 13, 2016

Chinese supercomputer named world's fastest; list of top 5 supercomputers in the world

At 93 petaflops, China's Sunway TaihuLight supercomputer is the fastest in the world, beating the 33.85-petaflop Tianhe-2.

Jun 21, 2016

Interview with Freecharge COO Govind Rajan

FreeCharge expands payments network to 1 lakh merchants

FreeCharge aims to double its reach by the end of the year and targets five million merchants in next 18 months.

Jun 13, 2016

India's third-largest online grocery platform PepperTap taps out

The SnapDeal-backed online retail venture intends to shift focus to logistics.

Apr 25, 2016

Sequoia Capital denies link with Aircel-Maxis case, says ED searches were for investments in Vasan Healthcare

Sequoia Capital allegedly misused India's foreign direct investment policy, CNN News 18 reported.

Apr 19, 2016

Google Capital invests in CarDekho's parent company Girnar Software

Girnar Software will use the new funding to improve technology, R&D and expansion to other markets.

Mar 21, 2016

PepperTap joins downsizing bandwagon, shuts shop in six cities

Start-ups are increasingly resorting to layoffs and partial business shutdowns amid rising costs and pressure by investors to stay profitable.

Feb 9, 2016

FIPB approves Cadila Healthcare's Rs 5,000 crore FDI proposal

In all, the FIPB approved five proposals worth Rs 6,050 crore and deferred six.

Jan 14, 2016

Grofers closes operations in nine cities due to poor take off

Currently, Grofers operates in Mumbai, Delhi-NCR, Bengaluru, Pune and a few other cities

Jan 5, 2016

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