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Aricent Inc acquires Smart Play for $180 Mn

Aricent Inc acquires Smart Play for $180 M. Bengaluru based Smart Play is one of the leading chip design company in India. This is one of the biggest acquisition by US-based Aricent Inc. in the...

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Housing.Com to lay off 600 employees in 3 months

Housing. Com to lay off 600 employees in 3 months, the company focus on its core technology and product tightens its cash burn. Housing.com has 2600 employees on its roll, plans to focus on revenue...

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Alibaba buys stake in Suning for $4.6 Bn

In a biggest stake deal ever Alibaba buys a stake in Suning Commerce Group Ltd for $4.6 Billion. Suning Commerce Group Ltd is China’s largest electronics stores network. This move hints interests of...

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BigBasket secures $50Mn from Bessemer

BigBasket secures $50 million funds as Series ‘C’ from Bessemer Venture Partners , Ascent Capital Group, Helion Venture Partners and Zodius Capital  yesterday. Bengaluru based BigBasket aims $1 billion...

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OneAssist raises $7.5mn from Assurant

OneAssist raises funding of $7.5 million from Assurant Solutions and other PE investors. The company is an assistance platform for daily anxieties that affects our daily lives. OneAssist has developed...

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IFMR Holdings secures $25 Mn from Accion

IFMR Holdings secures $25 million from Accion, LeapFrog Investments and Lok Capital. The company is a financial inclusion platform that offers financial assistance to financially excluded households...

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Zoffio may raise $10 Mn funds from investors

Zoffio in funding talks for $10 Mn with venture capital firms. Bengaluru-based Arcadia Technologies P Ltd owns and operates Zoffio.com, is leading online office stationery supplier. The e-commerce...

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NEA and Orios fund IntelligenceNODE for $4 Mn

NEA and Orios fund IntelligenceNode for $4 Mn, a Big Data analytics startup for retailers. Mumbai based IntelligenceNode has developed a platform where it has simplified the entire retail lifecycle by...

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Grab Taxi secures $350 Mn from PE investors

Grab Taxi secures $350 million funds from leading PE investors like Tiger Global, China Investment Corporation, Coatue Management, and SoftBank. The company is an automated location-based Smartphone...

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Qonfuse, Delhi based Edtech startup raises seed funding

Qonfuse, Delhi based Indian Edtech startup has raised seed funding from Hamraj Kumar, founder of CureInstant (Medical technology startup). Financials of the deal have not been disclosed y… The post...

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