BYJU'S Becomes Second Highest-Valued Indian Startup After $460 Mn Fundraise

India, March 29 -- Bengaluru-based edtech giant BYJU'S has now become the second highest-valued Indian startup, trailing only digital payments giant Paytm, after raising INR 3,328 Cr (about $460 Mn) a... Read More

Exclusive: Firstcry Valuation Close To $2 Bn After $13 Mn Round

India, March 29 -- Pune-based baby products marketplace Firstcry has raised INR 95 Cr ($13 Mn) in an equity funding round from pi Ventures through its opportunity fund I, at a valuation of $1.9 Bn or ... Read More

Movers And Shakers Of The Week [March 22-27]: UIDAI's New Chief & More

India, March 27 -- We bring to you the latest edition of movers and shakers of the week in the Indian startup ecosystem. Aadhaar governing body Unique Identification Authority of India (UIDAI) has ap... Read More

Amazon Denies Allegations Of Seller Bias As Ecommerce Stakeholders Conclude Govt Discussions

India, March 26 -- From losses to allegations of business malpractices to agitation and a big fight with Reliance and Future Group, nothing seems to be going right for Amazon India, which has found it... Read More

Google, PayU Back Retail Tech Startup DotPe In $27 Mn Funding Round

India, March 26 -- Gurugram-based offline-to-online (O2O) commerce platform DotPe has raised $27.5 Mn funding from Google through its $10 Bn India Digitisation Fund announced by Alphabet CEO Sundar Pi... Read More

BYJU'S Looks To Stretch Edtech Dominance With $700 Mn Funding At $15 Bn Valuation

India, March 26 -- After mopping up more than $800 Mn (in disclosed rounds) in 2020, Bengaluru-based edtech giant BYJU'S is ready to put up a similar show in 2021 by raising another $600 Mn to $700 Mn... Read More

Amazon, Flipkart Claim Ecommerce FDI Policy Changes Will Disrupt Jobs, Investments Into India

India, March 25 -- The Indian government's Department for Promotion of Industry and Internal Trade (DPIIT) on Thursday (March 25) met executives from dozen of ecommerce companies to address the violat... Read More

Masai School Looks To Bridge Skill Gap Among India's Aspiring Techies With $5 Mn Series A

India, March 25 -- "Year after year, India produces lakhs of graduates of which a very small percentage are actually employable. On the other hand, the burgeoning industry struggles to find relevant e... Read More

Tata To Take On NPCI's Aadhaar Payments Systems With Universal PoS, Sound-Based

India, March 25 -- Tata Group's retail payment entity Tata Sons is reportedly working on a mobile phone-based universal point of sale (PoS) system that could replace all thumbprint-powered transaction... Read More

CityMall Bags $11 Mn Series A To Expand Social Commerce Base

India, March 25 -- Indian social ecommerce venture CityMall has raised $11 Mn in a Series A funding round led by Accel Partners. Existing investors Elevation Capital, Jungle Ventures and WaterBridge a... Read More