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Hyderabad-based startup Zaggle acquires Pennyful

The undisclosed cash and stock deal is the first acquisition by Zaggle in the cashback space and also first since its...


Hyderabad emerging as top consumer logistics hub

The Northern Corridor of Hyderabad witnessed stable demand for warehousing space driven by 3PL, telecom, FMCG and industrial...


Nasscom To Set Up IoT CoE in Hyderabad

The Hyderabad IT sector is going through one of its best phase in the recent times. After the city got selected by National Association of Software...


Electric vehicle startup Gayam Motor Works looks for tie-up with Ola, Gati

Hyderabad-based Gayam Motor Works (GMW) is discussing with auto-hailing app Ola, logistics firm Gati and packed food delivering startup iD Fresh to...


Flipkart raises $1.4 billion from eBay, Microsoft and Tencent at an $11.6 billion valuation

Following months of rumors, Indian e-commerce giant Flipkart has confirmed that it has raised $1.4 billion in new funding at a post-money valuation...


Snapdeal Founders (Almost) Confirm Takeover Speculation

India’s third largest e-commerce company Snapdeal has been in the news for various reasons since the beginning of the year, and one of the...


India Dealbook: Ardom Telecom, Zaggle in M&A; Capital Float raises $2.3m

While Ardom Telecom has acquired Quanta Towergen, Hyderabad-based Zaggle has bought Pennyful. Also, Capital Float has raised $2.3 million from...


Hyderabad startup Gayam may power Ola’s electric vehicle fleet

Taxi-aggregator Ola is discussing a collaboration with a little-known maker of electric bicycles and auto-rickshaws for its proposed fleet of...


Copart sets up technology centre in Hyderabad

Copart Inc, a California-based online vehicle auctions company has set up its India Technology Center in Hyderabad, first such centre outside of the...


IIT entrepreneurs have created fourth-largest number of unicorns in the world – It’s more than MIT!

IIT Entrepreneurs have created 12 unicorns so far, thereby becoming creators of the fourth-largest number of...


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