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Post raising $1.4B, Flipkart acquires eBay India

Indan online marketplace, Flipkart, has raised $1.4 billion from Tencent, eBay and Microsoft at a post-transaction valuation of $11.6 billion, being called its largest...

Otonomo bags another $25M to dart into ‘connected car’ arena

Otonomo, an Israeli startup that provides cloud-based platform enabling car manufacturers, drivers, services and application providers to be a part of a connected ecosystem,...

With $1.6M funding, Twenty Two Motors to launch ‘smart scooter’

Twenty Two Motors, a Gurgaon-based automobile startup has raised $1.6 million in a pre-series A round funding led by Ishwar Singh, CEO, Haryana Industries....

AdAsia bags highest ever Series A round in SEA adtech sector

AdAsia Holdings, an advertising technology company has closed US$12 million in Series A funding from JAFCO Asia. This is reportedly the largest disclosed Series...

Ola raising $100M from RNT Capital, Falcon Edge Capital: Report

Uber rival and India's home grown cab hailing service, Ola, is raising $100 million (INR 6.5 billion) from RNT Capital Advisers (RNT) and Falcon...

BigBasket raises $6.9M in venture debt from Trifecta Capital

India's online food and grocery leader, BigBasket, has raised $6.9 million (INR 450 million) in venture debt from Trifecta Capital.BigBasket is owned by SuperMarket...

Dropbox reportedly has secured $600M credit line from six banks

Popular cloud-based file-sharing service, Dropbox, is opening a $600 million credit facility from six banks led by JPMorgan Chase & Co, a Bloomberg report...

BI platform Looker raises $81.5M in Series D round led by CapitalG

Business Intelligence platform, Looker, has closed an $81.5 million Series D funding round led by CapitalG, Alphabet’s growth equity investment fund.The round includes additional...