Flipkart puts $4 million in EasyRewardz
The investment, as per EasyRewardz executives, is part of an ongoing funding round that could also see the startup raise capital from others.
Fintech company PayU India names key leadership hires
The company, a subsidiary of Netherlands-based PayU, is undergoing a major leadership t...
Naspers to bet on machine learning
Naspers has taken stakes in myriad businesses around the world to try and replicate its success with Tence...
PayU India to fill empty slots on top
The transition comes at a time when firm’s rivals are closing the gap.
India remains the No 1 focus for Naspers: Group CEO Bob van Dijk
South African firm has ploughed $4 billion into India over past five years, making it the second largest internet investor after SoftBank.
SoftBank, Naspers eye Dream11 stake
The deal could see the participation of more than one new investor. Additionally, Dream11’s existing backer Tencent is also keen to increase its stake in the company.
PayU, Fosun closing $10m round in DotPe
Additionally, a number of high-profile angel investors are also expected to pump money into the company.
Don’t let vested interests stifle innovation: Prosus CEO
Prosus CEO Bob van Dijk's statement comes at a time when the DPIIT is looking into online food delivery companies like Zomato and Swiggy, where Prosus owns a 39% stake for an investment of $850-900 million, for deep discounting, data masking and private labels.
ElasticRun raises $40 million from Prosus Ventures, Avataar, others
ElasticRun will invest freshly raised capital to further build its technology platform, expand categories, and expand its network coverage to new geographies, its cofounder Sandeep Deshmukh said.
PayU India launches multi-functional mobile app for merchants
Merchants can use the app to monitor their business performance and request for payments.
PayU in talks to buy consumer lending platform PaySense
The startup counts venture capital firms Nexus Venture Partners and Jungle Ventures among its list of institutional investors.
Meesho bags $125 million from Facebook, Naspers & others
Meesho offers solutions for discovery, logistics and payments to enable easier transactions between resellers and buyers.
Neo bank Juno raises Rs 21 crore in seed round
Juno was founded in July this year by Varun Deshpande, Ratnesh Ray and Siddharth Verma, who also created the Consensys-backed Nuo protocol in 2018.
Startups plan Cibil-like rating for users
Companies to share data on a common platform to deter bad behaviour, reward the good.
PayU in talks to buy Wibmo
Naspers-owned firm intends to own entire payment process through this acquisition; deal pegged at $60 m
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service