Gurgaon based on demand grocery delivery platform pepper tap has raised $36 million(about Rs 239 crore) in series B funding from Snapdeal, Sequoia, SAIF and few other investors.
This Investment came rite before the festive season kicks in. Alibaba is also investor in Snapdeal. With this investment Alibaba directly would have 20% stake and Ant’s shareholding will come down to 20% from 25% before
Indian Armed forces are having a big makeover from buyers to builders . Rite after commissioning INS Kochi ,which is fully manufactured by Indian Naval engineers, now its time to manufacture our own guns. India is finally set to get its own mobile howitzers that will reverse the longhand Pakistani battlefield edge on artillery guns. On PM Modi’s Initiative “Make In India”, L&T is all set to start manufacturing guns for Indian Army in India.
Prime Minister Narendra Modi on Monday attended the India-US Start-up Konnect 2015 in San Jose City of California where a total of seven MoUs were signed to kick off boost in startup-creation in India-US space. PM Modi witnessed the exchange of the MoUs in the presence of 40 different companies.
Indian Startup industry is attracting big companies around the globe to come to invest in India. Latest Name in the series of big investors is Qualcomm Inc. ,an American global semiconductor company that designs and markets wireless telecommunications products and services.
As we all know the agriculture is India’s oldest but most politicised sector. Agriculture is still very unorganised in India and growth is way low. But with the help of technology we can organise this sector in coming years,” said Ashok Sharma ,President and chief executive of Mahindra Agri.
Music streaming service Saavn roped a big name on their advisor board. Mr Arun Sarin ,former CEO of Vodafone has acquired a minority stake in music streaming Saavn and will take an advisory role at the India-based company
Uber has turned to government portal to hire credible drivers in India. They will be looking for the drivers registered on National career scheme(NCS) portal, which is having a pool of job-seekers, verified and authenticated by government.
Practo is on an acquisition spree after it’s series c funding from Tencent. Practo just acquired Qikwell, a start-up which provides appointments scheduling at hospitals. This is the fourth acquisition by Practo in last 5 months.