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Smart Parking System May Start In Bengaluru After Elections

Coming August, 85 roads located in the central parts of Bengaluru could have the much-delayed smart parking system for vehicles. The decade-old proposal will also bring an end to what the city is used to free parking. The Bruhat Bengaluru…

Indiabulls Shopper Finance Invests Rs 46 Crore In Transerv

Indiabulls Consumer Finance which is a wholly-owned subsidiary of Indiabulls Ventures. It has invested Rs 46 crore to acquire a 42% stake in digital payments and mobile wallet entity Transerv. Transerv offers mobile payments solutions under the brand name of…

WedMeGood Raises $2.6M In Series A Funding

Online wedding platform WedMeGood has raised $2.6 million in Series A funding round from Orchid Asia. Founded in 2014, by husband and wife duo Anand Shahani and Mehak Shahani. The startup is present in cities like Bangalore, Delhi, Mumbai. The…

Uber’s Main Rival, Ola in India Plans to Join London Race

Ola, Uber’s biggest rival in India, said it will take on the ride-hailing giant in London before the end of the year after launching in five smaller UK cities. The Bangalore-based startup commenced operations in Liverpool last month. Having established…

AI-focused Agritech Startup Intello Labs Raises $2M

Agritech startup Intello Labs announced that it has raised a seed round of $2 million from Nexus Venture Partners and Omnivore. Intello Labs uses artificial intelligence tools including computer vision and deep learning. To build a platform for grading and…

Paytm Money Gets SEBI Nod For Stock Trading

Paytm’s aim to become a full-stack wealth management platform. It is going to be a reality as the Alibaba-backed firm is looking to lure stock broking customers through its next fintech play. The Indian Unicorn through its subsidiary Paytm Money…

Kids-Focused News Aggregator App KidzByte Raises Rs 2 Crore

KidzByte MediaTech Pvt. Ltd, a Mumbai-based news aggregator for children. Said, it has raised Rs 2 crore ($290,000 at current exchange rate) in seed investment from entrepreneur Pranay Goyal. Key investor Pranay Goyal is the managing director of The Goyal…

SurveySparrow Secures Angel Funding

SurveySparrow, a cloud-based customer experience platform which offers tools for online surveys. It has raised $1.4 million (around Rs 9.6 crore) from seed-stage VC fund Prime Venture Partners. The Palo Alto-headquartered software-as-a-service (SaaS) company, which has a presence in Kochi,…

OYO Officially Launches Co-Working Product Powerstation

Powering through its expansion plans OYO has been foraying into several products and countries at light speed. The report has exclusively been reporting the developments around OYO’s plans to enter into co-working space. It had acquired Innov8 in January and…

OYO Confirms Investment From AirBnB

Half a month ago, The Information had circulated a report saying that US-based homestay aggregating application Airbnb is in talks with Indian hospitality chain OYO Rooms. It is likely to invest around $100-200 million in the Indian startup. According to…