Weekly Summary: Myntra Funding; Comparison of Payment Gateways & More


Weekly Summary: Myntra Funding; Comparison of Payment Gateways & More

We saw some interesting activity from the Indian e-commerce space this week. Rocket Internet backed e-commerce portal Jabong raised $27.5 million in funding, Myntra received $50 million in funding. But on the sidelines the founders of online retailers Jabong and Yebhi have quit.

In another development One97’s Paytm also made its entry into the m-commerce space with the launch of its app marketplace.

We also posted an updated 2014 edition of  payment gateway comparison in India.

Here is a curated list of all the important happenings from this week.

Weekly Summary
Weekly Summary (image credit: shutterstock)

–––––– Editorially Recommended Articles

Compared: Payment Gateways in India [2014 Edition]

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Jabong Raises $27.5 mn Fresh Funding, Sells Logistics Arm JaVAS; 2 Founders Quit

Truecaller Looking For More Partners in India, its Fastest Growing Market: Alan Mamedi, Co-Founder [Interview]

Truecaller Funded by Sequoia India : A Wake-up Call for Indian Startups?

——— Channel : Indian Startups / Resources

Startup RushGuest Makes Last Minute Hotel Booking Cheaper

Price Comparison Site ShoppingWish Pivots; Goes Mobile First With Scandid

Travelkhana introduces Meals in Buses for Makemytrip Customers

Rajasthan Bans FDI in Multi-brand Retail

Startup Baggout Brings Social Networking to E-commerce

Vibe’s Anonymous Peer Feedback Platform Tells You What Peers Really Think of You

Why I Care About The Right Bra Size And Why You Should Too

Startup Roundup: Pepagora, TestVita, Obelix

DrawTyme Makes Teaching Videos Easy for Teachers to Create

——— Channel : India Online

Yebhi’s Nitin Agarwal Quits, Company Says Not Looking for Further Investments

Ola goes Mini : Brings Auto-like fare in Bangalore

India to Digitize Public Libraries Under Rs 400 cr National Mission on Libraries

PayU Launches PayUMoney E-Wallet Service For Indian Consumers

Amazon Lobbies In the US for FDI in Retail in India

We have done a Terrible job in Broadband Penetration Says Trai Chairman

Facebook Has A Higher CTR for Premium Apparel Brands, Google Highest in Banking Assets

——— Channel : APPS/ Stuff

Explara Launches Entriz App; Now Event Registration Desks Can Go Paperless

Motorola Re-Enters Indian Market With Moto G Launch, Goes For The Pricing Sweetspot

Indian Government Launches National Cloud, MeghRaj To Improve Delivery Of eServices

Paytm launches App Marketplace : Marries Desi Bargaining and Mcommerce. And It’s Cool.

What You Need to Know About Satya Nadella; Probably the Next Microsoft CEO

Indian Government To Launch Advanced Emergency Response System For Civilians

AAP To Launch Mobile App For Donations; Now Others Will Follow

The Mxit Messenger is Late to Market & Needs A Better Value Proposition

Looking for a Dance Partner? There’s an app For That

Apple Restarts iPhone 4 Production for India, Brazil

Vodafone India Sees 38% Growth In Mobile Internet User Base

—–––– Channel: Indian Startup Funding

Myntra Confirms $50 mn Funding from Premji Invest & Others

Info Edge Ups Canvera Stake to 27%

FarFaria Raises $3.25 million Investment from Inventus Capital Partners

Ad Platform Jivox Secures $5.8 Mn In Series C Funding

intelloCut Secures $200k Funding from Blume Ventures, Rajan Anandan

TrueCaller Confirms $18.8 mn Series B Funding From Sequoia Capital India; Partners With Yelp

Ex-Yebhi Employees Raise Angel Funding for Startup KnottyKart

MakeMyTrip Acquires Netherlands-based EasyToBook

Times Internet Acquires Indie Music Site Musicfellas

Energy Management Company LogicLadder Secures Rs 1.72 Cr In Angel Funding

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