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Facebook eyeing investments in content startups in India

Bengaluru, March 20 -- After tapping into online payments through WhatsApp and e-commerce through its marketplace, Facebook is now eyeing the regional content space in India. The social media giant is... Read More


Ola raises $300 million from Hyundai, Kia

Bengaluru, March 19 -- Hyundai Motor Group and Kia Motors together invested $300 million in India's ride-hailing giant Ola, marking their biggest combined investment, the Bhavish Aggarwal-led company ... Read More


Lee Fixel to exit Tiger Global after 13 yrs

BENGALURU, March 16 -- Venture capitalist Lee Fixel, a prolific investor in Indian startups, is leaving New Yorkbased fund Tiger Global, the firm announced on Thursday, prompting his chief beneficiary... Read More


Lee Fixel resigns from Tiger Global but will stay on Flipkart board

Bengaluru, March 16 -- Venture capitalist Lee Fixel, a prolific investor in Indian startups, is leaving New York-based fund Tiger Global, the firm announced on Thursday, prompting his chief beneficiar... Read More


E-commerce companies come together to form lobby group

Bengaluru, March 15 -- Around 10-11 e-commerce companies, including Snapdeal and ShopClues, are in the process of forming a lobby group called 'The E-commerce Council of India', according to two peopl... Read More


Oyo Rooms plans to tap venture debt route for fresh funding

Bengaluru, March 15 -- Hospitality startup Oyo Rooms (Oravel Stays Pvt. Ltd) plans to tap the venture debt route to raise fresh funds as it seeks to double down on its Townhouse property vertical in I... Read More


Lee Fixel exits, Scott Schleifer to head Tiger Global private equity arm

Bengaluru, March 15 -- Lee Fixel, one of the most prolific investors in India's startup ecosystem, is exiting the private equity business of New York-based Tiger Global Management, according to a lett... Read More


Swiggy tightens control of its board amid plans to buy Uber Eats

Bengaluru, March 12 -- Ahead of a possible acquisition of Uber Eats by Swiggy, the latter has made changes to its articles of association to possibly avoid ceding control to investors of Uber Technolo... Read More


Dunzo close to raising up to $20 million

BENGALURU, March 8 -- On-demand task management app Dunzo is in the final stages of closing a $15-20 million round, according to three people familiar with the matter. A new strategic investor is expe... Read More


Dunzo in the final stages of closing a $20 million funding round

Bengaluru, March 8 -- On-demand task management app Dunzo is in the final stages of closing a $15-20 million funding round, according to three people familiar with the matter. A new strategic investor... Read More