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India Deals: Quikr Acquires Grabhouse and 16 More Updates

Bats on Delivery, an on-demand food and essential commodities delivery services firm, has raised its angel round of funding from a Delhi-based businessman.

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Here is a list of deals that happened in India Startup Ecosystem including funding, merger, acquisition, product launch & appointment etc.

1. Tech enabled laundry service provider, UClean, has raised an undisclosed amount in Seed funding, led by franchise and retail solution group, Franchise India. Read More

2. Bosch India has launched its first accelerator programme for startups. The 18-week programme is called ‘discover, nurture and align- DNA.’ Read More

3. T-Hub Hyderabad has invited applications from startups to be part of the ‘UberEXCHANGE’ Programme in San Fransisco. The entries for application closes on December 2, 2016. Read More

4. Bats on Delivery, an on-demand food and essential commodities delivery services firm, has raised its angel round of funding from a Delhi-based businessman. Read More

5. Gurgaon-based Paradime Technologies Pvt. Ltd, which runs cash-flow management startup nu,mb,erz, has raised seed funding of $650,000 from investors Kae Capital and Khosla Impact. Read More

6. Mumbai-based digital advertising network Fork Media has entered into an agreement with digital media company Ziff Davis, to operate IGN – the media brand for games, movies, entertainment and fan culture, and AskMen – the online male lifestyle media brand, in India. Read More

7. Online classifieds firm Quikr India Pvt. Ltd has acquired home rental startup Grabhouse, run by Cryptopy Technologies Pvt. Ltd. Read More

8. Tata Sons LTD, the holding company of the diversified Tata Group, is setting up a startup incubator in Pune or Bengaluru to offer early-stage ventures better visibility to its group companies. Read More

9. Home grown e-commerce giant Flipkart plans to enter the groceries segment next year and will further develop its furniture business in a move to take on its biggest rival Amazon India. Read More

10. Paytm has been witnessing over 7 million transactions worth Rs 120 crore a day, helping it crosss USD 5 billion GMV sales, four months ahead of its target. Read More

11. After raising around $33 million in its Series B round of funding earlier this year, online marketplace for used automobiles droom is in the market again to raise around $50 million. Read More

12. UTI Ventures, the private equity (PE) investment arm of UTI Asset Management Co. Pvt. Ltd, has sold its remaining stake in PE firm Ascent Capital to its current management led by chief executive Raja Kumar for an undisclosed sum. Read More

13. Uber has launched UberWeddings in India which eases the wedding preparations by offering several packages for users according to their needs. Read More

14. Symantec is buying NYSE-listed identity theft protection services company LifeLock in a deal valued at $2.3 billion, to expand its offering in identity protection and prop up sales at its Norton cybersecurity unit. Read More

15. BetterU, an education marketplace focused on bringing quality education from around the world to Indian learners, today announced a partnership with Pluralsight, the global leader in online learning for technology professionals. Read More

16. Now Book Railway Tickets on IRCTC with FreeCharge Wallet. Read More

17. Datasigns Technologies Pvt. Ltd., a mobile first financial technology start-up has secured an undisclosed amount in angel funding. Read More

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