Snapdeal Cuts 60% Gurgaon Office Due To Stern Crisis
The Snapdeal-Flipkart merger talks initiated by its principal investor SoftBank makes an old news. The latest reports suggest that the Snapdeal apparently is on a severe cost cutting spree. Snapdeal cuts 60% Gurgaon Office To Cut Costs. The online marketplace Snapdeal has been suffering rigorous cash crunch for long. As a result, the company has bid(0 comment)

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)