Indian entrepreneur and angel investor Sashi Reddi is backing Hyderabad-based fast food restaurant chain Hello Curry with INR3 crore from his seed-stage venture fund Sri Capital.
Tags: India
Indian mobile payment startup Ezetap raising additional capital from American Express
Bangalore, India-based mobile payment startup Ezetap Mobile Solutions is raising an unknown amount of additional capital from credit card giant American Express just a month after it had closed $8 million in its Series B round.
Indian startup GoPeppers.com conquers e-grocery market in Noida
GoPeppers.com, an Indian startup that has been operating for more than a year, is already making waves in the e-grocery market of Noida by achieving 300 daily clients that provide an individual volume of INR1,500.
Indian jewelry e-tailer BlueStone bags $10M in Series B round
Bangalore, India-based online jewelry retailer BlueStone bagged $10 million in its Series B funding round led by venture capital firm Kalaari Capital to beef up its marketing and branding campaigns.
MH370 search operations extend to Indian Ocean
Malaysia Airlines flight MH370 search and rescue operations were extended up to the Indian Ocean after reports that the jetliner might have flown additional hours after its departure from Kuala Lumpur.
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Former Apple chief John Sculley is teaming up with former HTC India head Ajay Sharma and Singaporean investment firm Inflexionpoint to launch a yet-unnamed smartphone brand in India, which will release its first units in April.
Arkansas, US-based retail giant Walmart is planning to establish an e-commerce marketplace in India in a bid to compete with online retail giants for a share in India's e-commerce industry.
Wetzikon, Switzerland-based cable solutions provider Reichle & De-Massari (R&M) acquired Bangalore, India-based fiber optic products manufacturer Advanced Fiber Systems (AFS) for an undisclosed sum as part of its efforts to expand in India.
Bangalore, India-based social media marketing and analytics firm Salorix Inc closed down its operations after it failed to raise fresh capital due to the founder's feud with investors.
India's Varun Aaron represented the country in a game against Bangladesh last Wednesday at the Khan Shaheb Osman Ali Stadium.
Important lessons can be learned from the failed acquisition deal of India-based social media analytics firm Salorix by Facebook, especially in India where the startup ecosystem is still in its infancy, TechCrunch reported.
Waltham, US-based venture capital fund Matrix Partners invested an undisclosed amount in Chennai, India-based micro and small business financing firm Five Star Business Credits Ltd (FSBC).
Mumbai, India-based private equity fund manager ASK Pravi Equity Opportunities Fund picked up a minority stake in Chandigarh-based children's clothing firm Indian Clothing League Pvt Ltd for INR50 crore ($8.08 million).
Mumbai, India-based impact investment fund Ankur Capital shelled out INR50 lakh for a 30% stake in each of the Indian rural startups cloud farm-management systems firm Cropln, home compost company Daily Dump, and eye-care service provider ERC.
