Jay

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Jay is the Editor of Venture Dreams. He also has keen interest in photography and is an avid gamer. You can reach him through email - [email protected]
Snapdeal

Snapdeal to sell its logistics arm Vulcan Express to AllCargo for $4.6 million

Snapdeal is once again in the market to sell its logistics arm Vulcan Express. As per the reports, the company is going to sell Vulcan Express to AllCarge for about $4.6 million (₹30 crore).AllCargo...
Grofers Office

Grofers CFO Ashneer Grover Quits Amidst Company’s Merger Talks

Ashneer Grover, who was working as the Chief Financial Officer at Grofers -- one of the leading grocery delivery startup, has resigned from the company.The development comes at a time when the company is...
FreeCharge Logo

Axis Bank Completes Acquisition Of FreeCharge, Appoints Sangram Singh As CEO

Axis Bank has received the required approval from the Reserve Bank of India (RBI) to complete the acquisition of mobile wallet company Freecharge for ₹373.27 crore on a cash-free, debt-free basis.The bank is now...

Food-tech startup Yumist shuts down operations due to lack of funds

While start-ups like Zomato and Swiggy keeps on growing, most startups in the food-tech sector are finding it difficult to keep the business afloat. One such startup is Yumist.Gurgoan-based Yumist, which cooks and delivers...

Google Tez, a digital payments app launched in India

Google India has today launched Tez, a mobile app for digital payments and commerce, built with the goal of connecting the next billion users in India.The app was officially launched by finance minister Arun...

Zomato completes acquisition of Runnr to boost food delivery business

Zomato, an online restaurant discovery platform which has also started food delivery service, has announced that it has closed the acquisition of logistics startup Runnr. The deal seems to be aimed at boosting its...
Money

Oyo raises $10 million in strategic investment from China Lodging Group

Just a few days after raising a $250 million funding round from SoftBank Vision Fund, Oyo has today announced that it has received $10 million from China Lodging Group.This strategic investment is a follow-on for...

Unacademy bags $11.5 million Series B funding from SAIF and Sequoia

Unacademy, a Bengaluru-based online education platform has today raised Series B round of funding worth $11.5 million led by Sequoia India and SAIF Partners.Existing investors of the company -- Nexus Venture Partners and Blume...
WeWork

WeWork enters Mumbai with a 1.9 lakh sq. ft. co-working space

WeWork, the New-York based co-working space provider, which recently entered in the Indian market, has unveiled its second community workspace in India – WeWork BKC.This new center of WeWork is located in Bandra Kurla...
paytm

Paytm infuses $9.3 million in Paytm Payments Bank

Paytm Payments Bank, the recently launched payments bank service from online payments startup Paytm, has reportedly raised $9.3 million (₹60 crore) from One97 Communications and the company's founder Vijay Shekhar Sharma.As per the reports, Vijay...

Snapdeal invests $23.8 million in its logistics arm Vulcan Express

Snapdeal, the e-commerce startup, has invested $23.8 million (₹152 crore) in its logistics arm Vulcan Express, as revealed through the company's filing with Registrar of Companies (RoC).As per the RoC filings, Vulcan Express has...

Uber officially announces appointment of Dara Khosrowsashi as its new CEO

During the long process of appointment of new chief executive for Uber, many names were rumored to become the CEO. However, the role went to Expedia CEO Dara Khosrowsashi. Today, the company has officially confirmed...