For Indian startups, perhaps 2017 has been a year when they were really recognised as a sector that can give innovation and new life to traditional firms.
Cab aggregator Ola has acquired food ordering and delivery marketplace Foodpanda’s India business and will invest $200 million to revamp the platform.
Ratan Tata-backed B2B e-commerce startup Moglix announced its expansion to Mumbai and Ahmedabad to cater to the market of Western India.
PropTech start-up BuildSupply said that they have raised an undisclosed amount for its Pre-Series A financing round led by Gree Ventures a premier Japanese Tech Venture fund, with participation from Venture Highway
After receiving the license for mobile wallet from Reserve Bank of India the SoftBank backed True Balance has now launched its mobile wallet service in India.
To date, 30 startups have graduated from Target Accelerator Program in India and worked with Target teams across stores, marketing, finance, legal, merchandising, mobile and digital.
As many as 10 Indian startups have won the RBL Bank's startup contest called The Big Pitch 2.0 organised to strengthen startups ecosystem in India
Tel Aviv based on-device fraud prevention solution firm Paygilant said that it met the Reserve Bank of India's (RBI) most recent Prepaid Payment Instruments (PPI) guidelines which require PPI issuers to meet the challenges of fraud and customer protection with a strong risk management system in place
Mobile analytics and user engagement platform CleverTap hs announced their integration with Exotel’s cloud telephony solution as part of their product offering
The new joint venture, SBI Wirex Asia, follows a previous investment this year of $3 million by SBI Group in Wirex.