Here is a weekly recap of the major announcements and developments of this week from Digital and Startup India, in case you missed any.
Peppertap has shutdown its grocery business and will now only operate its logistics business. Read More..
Paytm had filed a lawsuit against Unicommerce in Delhi high court for accessing confidential data via the sellers who use Unicommerce’s platform. Read more..
Three other co-founders of Housing have quit the Softbank backed company to start their own venture. Read More..
SoftBank Investors Ask For Internal Probe Of Its President And COO Nikesh Arora. Read More..
Matrix Partners India has raised a further Rs 730 crore from existing investors in its second fund. Read More..
TIME named Flipkart’s founders Sachin and Binny Bansal to its annual list of the 100 most influential people in the world. Read More..
Delhiites will soon get free Wifi while travelling in metros. Read More..
The Google safe search tool diagnosis reveals that google.com is or can be a platform for people trying to scam you, forcing you to download malicious software or redirecting to unsafe sites. Read More..
Major Funding Rounds
|NestAway||$30 million||Series C||Tiger Global|
|Tork Motorcycles||Undisclosed||Angel Round||Ola Founders|
|Beatout||$1.5 million||Pre-Series A||Beenext, Stanford Angels, Others|
|1mg||Rs 100 Crore||Series B||Maverick Capital Ventures|
|Mastermind Sports||Undisclosed||Undisclosed||Nazara games|