RE/Max
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Franchise India Bureau Apr 12 2018 - 1 min readGermany’s NORMA Group SE, which manufactures machine joining components has planned to acquire Indian water management firm Kimplas Piping Systems Ltd for an undisclosed amount. The deal is expected to close by the middle of this year. Kimplas manufactures electrofusion and compression fittings valves and proprietary equipment for the micro-irrigation industry. ...
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Franchise India Bureau Apr 05 2018 - 2 min readMobile wallet FreeCharge is likely to raise the largest series-A financing round for an Indian startup, thus helping the startup to revive its business. FreeCharge's founder KunalShah is in talks to pick up $30 million, or around Rs 200 crore, from venture capital fund Sequoia Capital, along with a bunch of ...
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Franchise India Bureau Apr 03 2018 - 1 min readPaytm Mall, the e-commerce arm of Paytm has secured close to Rs 2,900 crore from SoftBank Investment Holdings and Alibaba.com Singapore e-commerce in a deal that valued at US $2 billion. According to a regulatory filing by Paytm e-commerce, an aggregate amount of US $400 million (about Rs 2,600 crore) has ...
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Franchise India Bureau Mar 29 2018 - 2 min readSearch giant Google is leading a Series C funding round into online-to-offline fashion e-commerce platform Fynd. This is the second direct investment by Google into an Indian startup after leading a $12 million funding in hyper-local concierge and delivery player Dunzo in December last year. Kae Capital, IIFL, Singularity Ventures, GrowX, Tracxn Labs, Venture Catalyst, ...
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Franchise India Bureau Mar 29 2018 - 2 min readInvestment firm Venture Highway, which is advised by WhatsApp business head Neeraj Arora, is on the road to raising a $50-60 million venture fund, said three persons familiar with the matter. The Delhi-based company has so far backed over half a dozen entities, including vernacular social network Sharechat and reseller network ...