Startup Ideas, Starting Up a Business, Startup News, New Business Startup

Snapdeal’s board gives approval for Flipkart’s $950 million acquisition offer

Jul 27, 2017 Pankaj Handa ecommerce, merger

Jasper Infotech’s board, the parent company of beleaguered ecommerce major Snapdeal, has approved Flipkart’s bid of $900 million-$950 million clearing

ACQUISITIONS

Axis Bank wins the race to acquire Freecharge

Jul 27, 2017 Pankaj Handa Acquisition, freecharge, payment bank

Axis Bank, India’s third largest private sector lender, has been cleared by the board of Jasper Infotech (parent of Snapdeal)

FOOD

After GST, small grocers shifting toward organized wholesalers such as Walmart and Metro

Jul 26, 2017 Pankaj Handa GST, organized wholesale, walmart

Goods and Service Tax has altered the way people do business in India, and the small retailers are a part

TRANSPORT

Softbank considering multi-billion-dollar investment in Uber

Jul 26, 2017 Pankaj Handa investment, softbank, strategy change, uber

Softbank, the Japanese technology and media giant, is considering a multi-billion-dollar investment in the world’s largest ride sharing firm Uber

TECHNOLOGY

AGTech Media forms a JV with PayTM for developing mobile games for Indian customers

Jul 25, 2017 Pankaj Handa joint venture, online gaming

AGTech Media, a Hong Kong-based gaming startup, has formed a joint venture with Paytm, run by One97 Communications Ltd, for

MANUFACTURING

Vizio files $100 million lawsuit against LeEco for not honoring the purchase agreement

Jul 25, 2017 Pankaj Handa lawsuit, LeEco, smart consumer durable

Vizio, a US-based smart consumer durable maker, has filed a $100 million lawsuit against the Chinese consumer durables startup LeEco

HEALTHCARE

Multiplier Solutions and ABI Health each received $1.5 million capital infusion

Jul 24, 2017 Pankaj Handa early stage startups, healthcare

Multiplier Solutions and ABI Health, early stage healthcare startups, have received US$1.5 million each from Norwest Venture Partners. Though a

FASHION

FableStreet raises seed capital from the angel investors

Jul 22, 2017 Pankaj Handa capital raising, seed funding, work-wear

FableStreet, a premium work-wear brand, has raised capital in a seed round from angel investors including Kanwaljit Singh (MD, Fireside

ECOMMERCE

RentoMojo raises $10 million capital in a Series B funding round

Jul 22, 2017 Pankaj Handa capital raising, ecommerce, RentoMojo

RentoMojo, the furniture and consumer durables rental start-up, has raised $10 million capital in a series B funding round from