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Craft beer co. White Owl raises Rs. 40 crore in Series B

 Mumbai-based brewery startup, White Owl has received a funding of Rs. 40 crore in a funding round, led by IIFL India Private Equity Fund alongside the existing investors also taking part.  With this investment, White Owl has raised Rs. 70 crore to date,a testament to the growing popularity of premium craft beer in India across

Oyo launches SuperAgent for helping travel agents simplify online hotel booking

Gurugram-based hospitality firm OYO Hotels and Homes has expanded its product suite with it’s latest product addition SuperAgent, an online portal for travel agents.  The company says that SuperAgent aims to improve the booking experience for offline travel agents by serving an easy and quick way to book an OYO accommodation for their consumers. SuperAgent

Online tax filling platform ClearTax acquires Dose FM

Tax-filing and investment platform ClearTax has announced the acquisition of Mumbai-based audio streaming platform Dose FM for an undisclosed amount.  In a statement, ClearTax said that the acquisition would help enhance its mobile offerings and enable it to rapidly build simpler products across areas like accounting, analytics, and governance, helping the startup to further expedite

Cars24 raises $100 million from Unbound in Series D funding

Gurugram-based online used car marketplace, Cars24 has raised $100 million in an ongoing Series D round from multiple investors, a major portion of which is contributed by Moore Strategic Ventures  and Unbound Global.  KCK FZE , a Dubai-based cargo company has also invested about $25 million along with Cars24’s pre-existing investor Kingsway FCI which has invested

Uber India lays off staff as part of global restructuring

Ride-sharing giant Uber, in a global restructuring move has laid off 350 of global staff as part of its third global retrenchment drive this year, of which under 10% are based in India, as per reports.  These changes will impact all of Uber's businesses in the country, including the company's food delivery offering UberEats. The

Clevertap raises $35 million from Tiger Global and Sequoia Capital

Mobile marketing and analytics startup CleverTap has raised $35 million in a Series C financing round led by Tiger Global Management and Sequoia Capital. This funding has led the valuation of the company to be bolstered and go up to a sizeable $385 million. This has been twice in the past 6 months that CleverTap

[Funding Alert] Restaurant SaaS startup Urbanpiper raises $7.5 million from Tiger Global and Sequoia

Renowned VC firms Tiger Global and Sequoia Capital have recently made a new joint venture in a software product startup. Both Tiger Global and Sequoia, announced an investment of $7.5 million in restaurant focused SaaS company Urbanpiper.  Scott Shleifer, Partner, Tiger Global Management, said-   UrbanPiper is helping restaurants reduce costs and improve connectivity with diners

[Funding Alert] Location intelligence startup GeoIQ raises funding from IP Ventures

GeoIQ, a web-based analytics platform with real-time analysis features which helps advertisers track and optimize their media buying campaigns. The company based out in Bengaluru has recently raised an undisclosed amount of funding from IP Ventures.  The company was founded last year by Devashish Fuloria (CEO), Tusheet Shrivastava (CTO) and Ankita Thakur (Chief Data Scientist)

IRCTC makes stellar stock market debut, share prices surge by 132%

Indian Railway Catering and Tourism Corporation (IRCTC)’s shares surged nearly 128% on its first day of trading on the Bombay Stock Exchange, from their issue price on Monday, marking the largest debut for a local company in 2 years. Shares of IRCTC have been listed on both BSE and NSE- the two major stock exchanges

Bewakoof raises $11.2 million from Investcorp

Bewakoof Brands, an online focused apparel brand has recently received an investment of $11.2 million in a funding round from Investcorp. After making this investment in the startup, Bahrain-based firm Investcorp will have an equity of 14%  along with a board seat in Bewakoof board of directors.  The startup, based in Mumbai will be devoting

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CIN- U74999DL2019PTC347107