Article on July 20, 2018

Ebix Acquires Pune Based Indus Software Technologies for $29M

The acquisition of Indus will increase the employee strength of Ebix in India by 900 to approximately 7,200 employees.

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PayU, Jungle Ventures and Nexus VP Invest $18M Series B Funding in Lending Platform PaySense

Increases stake in a technology platform that enables Indian consumers to access digital credit

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IIT Roorkee Launches TIDES Business Incubator Extension at Greater Noida

State-of-the-art Campus will provide incubatees office space, video conference facility, Investors Meet ups & mentors interactions; gain exposure to startup ecosystem of NCR

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LenDenClub Gets RBI Nod for NBFC-P2P

Recently Monexo Fintech, Faircent, OML Technologies, BigWin Infotech ( and Finzy have also received NBFC P2P certification from RBI.

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Food-Tech Startup SmartQ Acquires Goodbox's Digital Cafeteria Business in an All-Cash Deal

Acquisition will ramp up SmartQ’s expansion plans across the country

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#TodayDeals: Singapore-based Temasek Holdings Buys $30M Ola Shares from Former and Early Employees & More

Here is a roundup of all the latest happenings in the Indian Startup Ecosystem today.

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