Snapdeal rejects Flipkart’s $800 million buyout offer!
Snapdeal rejects Flipkart takeover offer (yet another homegrown ecommerce major) of roughly $700-800 mn as per Livemint attracting criticism from its shareholders according to some people well acquainted with the matter. The news comes just a few days after Flipkart completed its commercial and legal due diligence of Snapdeal. The reason for this rejection is(0 comment)

UrbanClap Raises A Venture Debt Of Rs 20 crore From Trifecta Capital
Recently, UrbanClap Raised Funding of Rs 20 crore from Trifecta Capital. The investment came as a venture debt via non-convertible debentures. UrbanClap is home services based marketplace startup founded by Varun Khaitan and Abhiraj Bhal in 2014. The company hails beauticians, cleaners, electricians and other such home service professionals. UrbanClap competes with some other similar(0 comment)

Frapperz In A Hunt Of $400K From Existing Investors
The home services startup Frapperz Raised Funding $400K from its existing investors. The company is in constant talks with its investors in Australia and Hyderabad. It’s been just a bit more than a month that the startup Frapperz raised funding $100K in the seed round from an investor group. And now the company is willing to raise(2 comments)

Startup Autobix Raised an Undisclosed Amount of Seed Funding
SAAS based startup Autobix recently raised an undisclosed amount in a seed round. The funding comes from GardX International Ltd, United Kingdom. Autobix is a software as a service based automotive dealership solutions provider. The core idea of the startup is to bring various functions of automobile workshops together. This imparts transparency for the customers(0 comment)

Online Pharmacy Startup Myra Raised $7-8 Million Fresh Funding
Overcoming all the hurdles, the online pharmacy startup Myra has successfully raised $7-8 million from Matrix Partners and Times Internet. A little while earlier, PharmEasy also roped in $18 million from Bessemer Venture. The recent fundraiser of Myra is especially important for the fact that pharmacy startups in India are facing tough times. Several regulatory(0 comment)

StalkBuyLove Raises $1 Million From Trifecta Capital
Online Fashion E-commerce StalkBuyLove Raises $1 Million. The fashion e-tailer has pulled off a stunning fundraiser of $1 million in a venture debt. The investors are the Trifecta Capital. StalkBuyLove is a women fashion e-tailer selling in the categories of apparels and accessories. The Delhi-based startup was co-founded by Tushar Ahluwalia and Nishrit Shrivastava and(1 comment)

Ola On A Hunt Of $100 Million In A Fresh Round
Ola Secures $100 Million to shape up its expansion plans. The fund is to come from the existing shareholders of the taxi hailing company. ANI Technologies which runs and operates Ola disclosed the approval yesterday. Ola Secures $100 Million, the board has agreed upon raising $100 million by an issue of 495,526 Series ‘l1’ preference(0 comment)