Ventures that Matter

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Market News




VP Weekly | 5 May ’19

by Preksha jain  Comments (0)
Ola Plans To Raise An Additional $300 Mn As Part Of Series J Round Cab hailing giant Ola’s parent company, ANI Technologies, has proposed to increase its authorised capital to include an additional number of...

VP Weekly | 21 Apr ’19

by Preksha jain  Comments (0)
Despite TikTok Scrutiny, ByteDance To Invest $1 Bn In India ByteDance’s TikTok app was removed from Google Play Store and Apple App Store in India, but ByteDance remains bullish on the Indian market. The Chinese...

VP Weekly | 14 Apr ’19

by Preksha jain  Comments (0)
PayU acquires Accel-backed digital payments firm Wibmo for $70 mn Online payment company PayU, a subsidiary of South African media and e-commerce group Naspers, has acquired digital payments firm Wibmo Inc. for $70 Mn. Read More...

VP Weekly | 7 Apr ’19

by Preksha jain  Comments (0)
Xiaomi and Shunwei are investing $7 Mn in bus tracking app ChaloThe investment arm of Xiaomi, Shunwei Capital had raised a $1.21 Bn fund in November last year, promising a significant chunk, approx $1 Bn...

VP Weekly | 31 Mar ’19

by Preksha jain  Comments (0)
With 45 Mn MAUs, Google Pay hit $81 Bn annualised transaction run rate in March Google’s UPI-based payment app Google Pay has seen remarkable growth since its 18 months of launch in India. Escalating on...

VP Weekly | 24 Mar ’19

by Preksha jain  Comments (0)
Ahead Of IPL, Flipkart’s PhonePe Receives $107.6 Mn Cash Infusion Flipkart owned online payment company PhonePe has raised $107.6 Mn from its Singapore-based parent entity PhonePe Pvt Ltd, formerly known as Flipkart Payments.  Read More Xiaomi...

VP Weekly | 17 Mar ’19

by Bharat Ahuja  Comments (0)
Amazon-Backed Acko Raises Fresh $65 Mn In Series C From Binny Bansal, RPS Ventures, Others Mumbai-based online-only insurance startup Acko has raised $65 Mn in Series C funding from a bunch of existing as well...

VP Weekly | 10 Mar ’19

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Hyundai In Talks To Invest In Ola To Support Its Electric Vehicle Foray South-Korean automaker Hyundai Motors is reportedly in talks with Bengaluru-based cab hailing giant Ola to invest up to $200 Mn – $300...