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Snapdeal appoints Dharmarajan K as customer service head

Snapdeal has appointed Dharmarajan K as the head of customer experience. He will be a part of the online marketplace’s leadership team and be responsible... .

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Online test prep startup Toppr acquires competitor EasyPrep

Online test prepping platform Toppr has bought JEE prep test-taking platform EasyPrep for an undisclosed sum. Toppr had raised $2 million from SAIF Partners and Helion... .

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InfoEdge’s stake in PolicyBazaar down to 18%, following recent round of funding

Info Edge, which was the first company to invest in online insurance aggregator PolicyBazaar, has informed the BSE that its stake in PolicyBazaar’s parent company... .

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Helion Venture Partners raises $300 mn to invest in early, mid startups in India

Venture capital firm Helion Venture Partners has raised $300 million for startups in India, reports TechCrunch. Helion’s startup portfolio which includes Housing.com, TaxiForSure, ShopClues and... .

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Zero Rating: Slows down innovation, distorts competition & fractures the...

By Vishal Misra (@Vishalmisra) The false equivalence of Zero Rating with Toll Free lines The debate over Net Neutrality and Zero Rating rages on, and... .

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Robosoft raises $12M from Ascent & Kalaari; 99Games & Global Delight to be...

Software development company Robosoft has raised a Series B funding of ~$12 million from Ascent Capital and existing investor Kalaari Capital. Ascent led the round... .

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Foodpanda launches delivery services in 5 cities; plans to expand to 7 more...

Rocket Internet-backed online food ordering service Foodpanda has now forayed into food delivery service as well. The service has been launched in 5 cities at... .

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Lukup applies for MSO, ISP licenses; to bundle OTT content with TV and Internet

On demand TV player and interactive advertising platform Lukup Media is looking to expand its over-the-top (OTT) services by acquiring multi-system operator (MSO) and internet... .

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Weekly Digest (10th-17th April 2015)

MediaNama would like to thank its sponsors:Paytm, Getit, Practo, Times Internet and E2Efor their support. Investment & M&A – Robosoft raises $12M from Ascent & Kalaari;... .

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Funding roundup: Doormint, UrbanClap and Vyomo

  On demand utility service startup Doormint has raised an undisclosed amount of funding from Powai Lake Ventures, reports YourStory. The funds will go towards... .

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ICICI Bank launches NFC payments service with Tech Mahindra

India’s largest private sector lender ICICI Bank has launched a new service called ‘Tap n Pay’ which enables near field communications (NFC) payments for users using NFC... .

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Godot Media founders launch content discovery & social media scheduling...

Content writing services provider Godot Media’s co-founders Sophia Solanki and Vishal Dutta have launched a content discovery and social media scheduling platform called DrumUp. The... .

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HealthKartPlus gets $6M injection; rebrands itself as 1 mg

Pharmacy network and medicine search engine HealthKartPlus has raised funding worth $6 million from Deep Kalra, founder of MakeMyTrip, Sequoia Capital, Omidyar Network, Intel Capital... .

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Freshdesk raises $50 million from Tiger Global, Accel Partners and Google...

Online customer support platform Freshdesk has raised $50 million in funding from a round led by Tiger Global along with Accel Partners and Google Capital,... .

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Zomato introduces online ordering in Delhi; restaurants with better ratings...

Restaurant aggregator Zomato has started its food delivery service in Delhi NCR with Mumbai, Bangalore in the offing along with more cities. (Hat tip: Manish Malik)... .

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FireFly Networks deploys WiFi service at the Supreme Court of India

FireFly Networks, a joint venture between India’s largest telecom operators Airtel and Vodafone, has installed WiFi services on the premises of the Supreme Court of... .

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Network18 posts a profit of Rs 10.58 cr on revenues of Rs 841.4 cr in Q4-FY15

RIL owned Network18 has reported a net profit of Rs 10.58 crore for the quarter ended March 31, 2015 (Q4-FY15), up from Rs 4.12 crore loss... .

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TV Today Network approaches HC for a decision to sell Oye FM

TV Today Network has approached High Court with an urgent writ petition to expedite the sale of its radio stations to Bennet, Coleman and Company... .

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Sulekha raises $28 M from GIC & Norwest; to expand to more cities

Online classified website Sulekha.com has raised Series C funding worth ~$28 million (Rs 175 crore) from Singapore’s GIC and VC Norwest Venture Partners, reports Mint. The... .

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Amazon to reportedly launch an AmazonSupply clone in India

Amazon India will be inviting small and medium businesses to procure supplies from a new website beginning this week, the first country outside the US... .

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