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]

Rakesh Jhunjhunwala Invests ₹180 Crore In Mobile Gaming Company Nazara Technologies

Nazara Technologies, a Mumbai-based mobile gaming company, which recently raised ₹330 crore funding from IIFL, has now secured yet another funding round worth around ₹180 crore from Rakesh Jhunjhunwala -- a veteran stock market...
Funding

Simility Secures $17.5 Million From Accel Partners, PayPal And Others

Simility, a startup that offers fraud prevention service, which is powered by machine learning technology, has announced that it has secured $17.5 million in a new funding round.The round was led by VC firm Accel...
Ola Money

Ola Appoints Former PayU India CEO Nitin Gupta As Head Of Ola Money

Bangalore-based cab-hailing service provider Ola has appointed Nitin Gupta, co-founder and former chief executive of payment gateway firm PayU India, as the head of Ola Money. This was confirmed by Ola's spokesperson.He will now lead Ola...
FlexiLoans

Lending Platform FlexiLoans Raises $7 Million Debt Funding

FlexiLoans, a Mumbai-based digital lending platform, has raised a funding round of around $7 million in its debt funding round. The investment will be used by the company to expand its proprietary loans and...
Mobycy

Bicycle Sharing Startup Mobycy Secures $500K In Seed Round

Mobycy, a bicycle sharing startup based out of Gurgaon, has raised $500,000 (approx. ₹3.2 crore) in its seed funding round. The investment comes from a US-based angel investor, who remains unnamed.The capital coming to...
Graphic India

Graphic India Raises $5 Million Funding To Expand Its Operations

Graphic India, a Bangalore-based character entertainment company, has managed to raise $5 million funding round, led by US-based Liquid Comics. The company also witnessed the participation of Start Media LLC; Julian Farrior, co-founder of Backflip Studios;...
Dunzo

Google Leads $12 Million Funding Round In Task Management Startup Dunzo

Bengaluru-based Dunzo – a daily tasks management app, has raised around $12 million in its Series B funding round. Google -- the search engine giant has led the round, marking its first investment in Indian startup.Along with Google, the...
Sachin Bansal, Binny Bansal

FIR Filed Against Flipkart Founders Sachin And Binny Bansal For Alleged Cheating

A first investigation report (FIR) has been filed against Flipkart founders Sachin Bansal and Binny Bansal, along with a few other company officials for allegedly "cheating" a businessman of around ₹9.96 crore.The cheating is...
flipkart

Flipkart to start selling insurance products on its platform

Flipkart -- the Indian eCommerce firm which is struggling to enter the service space with its grocery delivery service, is now trying another product. The company will soon start selling insurance products on its...
PhonePe POS

Digital payments startup PhonePe launches POS machine for small merchants

PhonePe, an online digital payments startup which is owned and operated by e-commerce startup Flipkart, has launched its own Point of Sale (POS) device.The POS machine, which looks similar to a calculator, is available...
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...