Earlier this year, the media had reported a possible merger between BedBathMore and FabFurnish, but the deal did not go through.
The app competes with discounted offerings made by online travel agents and travel sites as well as branded budget hotel aggregators including Oyo and Treebo.
KPCB Edge is the early-stage investment arm of Silicon Valley based VC firm Kleiner Perkins Caulfield Byers which has backed technology companies like Uber, Amazon.
Ekart, the logistics arm of online marketplace Flipkart has signed on a network of 700 corner stores across 28 cities as part of its alternative delivery programme.
The programme includes $50,000 in equity free funding and a two-week all expenses paid bootcamp, apart from a six months of ongoing mentorship and product credits including Google Cloud.
Tiger Global-backed Delhivery confirmed that it had a discussion with Alibaba in April this year to chalk out potential fit for its India plans.
France headquartered GROUPE SOS is a 30 year old company with annual turnover of USD 900 million and employs 14,0000 caregivers across France and four other locations in Europe.
IDFC Spice fund and Micromax Informatics backed TranServ has appointed Salil Mody as senior vice president of corporate strategy.
The capital will be utilized by the company to build technology and product apart from hiring a team to strengthen the play.
The new round of funding gives the startup additional horsepower to go deeper into its core eight cities and maintain its market leadership position.
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