Category: Press Releases

Hyderabad-based Monitra Healthcare raises funds from IAN

Hyderabad-based Monitra Healthcare raised an angel investment from Indian Angel Network, a seed-stage platform in India. The funding round was led by IAN investors KNK Venkatraman and Dr. Vinayendar Tulla the former joining the company board for further mentoring. Monitra Healthcare will use the fresh funds to augment the technology

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Jet Airways saga: From soaring the skies to being temporarily grounded

Jet Airways, India”s oldest private airline, decided to temporarily suspend all flights from Wednesday night as cash ran out and banks refused to give more money. It became the second major airlines to shut down operations, even temporarily, this decade after Kingfisher in 2012.  Jet Airways was informed by the

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BookMyShow invests in Pune-based fintech firm, AtomX

Online ticket-booking platform BookMyShow has announced a strategic investment in AtomX, a Pune-based payments technology company for an undisclosed amount. With this investment, BookMyShow will provide customers an enhanced cashless experience for a host of on-ground events. This is part of BMS” larger strategy to strengthen its presence in the

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Travel community platform, Tripoto raises Rs 25 cr in Series B round

Delhi-based online global travel community for travellers, Tripoto Travel Pvt Ltd, the startup which enables the users to discover the travel itineraries as well as to book a hotel and the holiday packages have now secured Rs 25 core in the funding round of Series B from Orchid India, Hornbill

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Amazon India partners with Ketto to launch crowdfunding initiative for sellers

Amazon India has joined hands with Mumbai-based crowdfunding company Ketto to help its sellers raise funding for business expansion, product development and even for medical assistance and launched a first of its kind program, “Amazon Wings” for its sellers. Ketto is Asia’s most trusted and visited crowdfunding platform that helps

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Reliance Jio acquires 87% stake in Times Internet-backed chatbot firm Haptik

Reliance Industries Ltd, through its subsidiary Reliance Jio Digital Services Ltd (RJDSL), has acquired 87% stake in artificial intelligence (AI) chatbot company Haptik Infotech Pvt. Ltd for ₹700 crore with the rest being held by Haptik founders and employees through stock option grants. The investment will help Reliance Jio Infocomm

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