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#TodayDeals: Ola’s COO Vishal Kaul Quits, PayPal Acquires iZettle for $2.2B & More

Ola’s COO Vishal Kaul has resigned from the company and is in the process of moving on to a new organisation

Below is a list of deals that happened in Indian Startup Ecosystem today. Read a brief description about all of them:

1. PremjiInvest will make more than $130 million on its $25 million (Rs 155 crore) investment in Myntra in early 2014, post the Flipkart-Walmart deal of worth $16 billion. Read More...

2. Ola’s COO Vishal Kaul has resigned from the company and is in the process of moving on to a new organisation.

3. India is working on a framework that will provide legal backing for a stable and predictable foreign investment regime in the country with an aim to attract more capital to help create jobs and accelerate economic growth.

4. Actor Sushant Singh Rajput Makes His Entrepreneurial Debut, Launches Innsaei Ventures aims to bring significant socio-economic and developmental transformations through creation and massification of intellectual property powered by emerging technologies. Read More...

5. PayPal  has confirmed that it is buying iZettle — the Stockholm-based payments provider commonly referred to as the “Square of Europe” — for $2.2 billion in an all-cash deal. Read More...

6. Truck Aggregator FreightBazaar Raises Pre-Series A Funding Led by Omphalos Ventures India. Read More...

7. 20 Indian companies got selected as 2018 winners for IE20 programme, an initiative created by London & Partners and launched by the Mayor of London with an aim to discover India’s most innovative and high-growth companies to help them grow to London. The selected companies are Appnomic Systems, BiOZEEN, BlackPepper Technologies, Chai Point (Mountain Trail Foods), Happay, Intello Labs, Ittisa Digital Media Services, Senseforth, Chakr Innovation, Dineout / inResto, Fork Media, Lucideus Tech, Morph.ai, Videonetics Technology, Wigzo Technologies, Hug Innovations, FSM Education, Gaia Smart Cities, Iksula Services, & SaffronStays.


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