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Walmart-owned Flipkart has entered into e-pharmacy space.

It has partnered with Gurgaon-primarily based 1MG, whose app is now to be had on Flipkart’s Android app. This approach customers can order prescription medicines, book medical doctor consultations and lab checks inside Flipkart. The e-tailer’s access in e-pharmacy is already seeing opposition. The All India Organisation of Chemists and Druggists (AIOCD), a frame with 8.5 lakh members, has…
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SEA funding heavyweights unveil new regional VC partnership

The newly unveiled Altara Ventures represents certainly considered one among the biggest homegrown VC partnerships in the region. The group consists of Tan Chow Boon, Credence Investment managing companion; Seow Kiat Wang, Credence Partners companion; Gavin Teo, former general companion at B Capital; and Dave Ng, Southeast Asia head at Eight Roads. Rounding out the organization is seasoned…
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Cameo Completed $50M Series B Funding Round

Cameo, a Chicago, IL-primarily based startup that connects enthusiasts directly with their favorite popular culture personalities, closed $50m Series B financing. The spherical was led through Kleiner Perkins with participation through The Chernin Group, Spark Ventures, Bain Capital and Series A lead investor Lightspeed Venture Partners. The business enterprise intends to apply the brand new funds…
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Suuchi Received $8M Growth Investment from Edison Partners

Suuchi, a Princeton, NJ-primarily based supply chain platform company for fashion manufacturers and retailers, raised $8m in growth funding. Edison Partners made the investment. In conjunction with the funding, Kelly Ford, Partner, Edison Partners, joined Suuchi’s board of directors. The agency will use the finances to boost up go-to-market execution and product innovation, in addition to hold…
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BusinessStartup

Egyptian payments platform Kashier raised six-figure seed

Cairo-primarily based fintech Kashier has raised seed funding led through Glint Ventures, it introduced in a assertion to MENAbytes on Sunday. The startup did not expose the precise size of funding however has instructed MENAbytes that it is a six-figure (USD) deal. The spherical additionally included participation of a few other unnamed investors. Founded in 2017 through Khaled Raslan, Mohamed…
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BusinessStartup

San Francisco-based startup raises a $16 million Series B

The San Francisco-primarily based startup raised a $16 million Series B spherical of funding to similarly increase its free social calendar and occasion discovery platform that brings people collectively over shared experiences. Goodwater Capital led the spherical with participation from Founders Fund, Floodgate and Raine. The new financing offers IRL a complete of $28 million raised because the…
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Servify raised $23 million in series C spherical of funding

Mumbai-primarily based Servify has raised $23 million in its series C spherical of funding led by present investor Iron Pillar and a host of different investors. All the prevailing investors Blume, Beenext and Tetrao SPF participated in the spherical together with new investors who joined the cap table Global Alternatives Investor fifty seven Stars, strategic investors like Sparkle Fund (an…
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Jyoti Wadhwa built her online business, with cash borrowed from her husband and got success

The yr was 2010. Jyoti Wadhwa, a Delhi housewife and a mom of a two-yr-old girl, discovered herself in a “confused state” whilst her husband Anshul Bansal, the only income member of the family, came back home one day and stated he desired to stop his task as an investment banker and do some thing on his own. Jyoti realised that given the chance her husband was about to take, she had to begin…
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Pep Technologies raisesd Rs 42 crore in investment spherical led by Amicus Capital, RPSG Ventures

This is the third spherical of investment raised by the company so far and the fresh funds will be utilised for scaling up R&D capabilities, increasing distribution throughout virtual channels, developing operations, brand building and organisational scale up, the company stated in a statement. “mCaffeine plans to penetrate the market aggressively by giving more emphasis to a customer-driven…
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Mobile Premier League (MPL) raises $90 million Series C financing round, with investors Sequoia India, Go-Ventures, and Base Partners.

SIG, early-stage tech investor RTP Global, including MDI Ventures led MPL’s $90 million Series C financing round, with participation from present investors Sequoia India, Go-Ventures, and Base Partners. Times Internet and Salman Khan both are also early investors in MPL. The new funding brings MPL’s to-date boost to $130.5 million. It was valued between $375 million to $400 million pre-money…
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