[Funding alert] Winvesta raises seed round from Speciale Invest, Blume Founders Fund, Kunal Shah

Financial services startup Winvesta on Wednesday said it has raised funds as part of its seed round from Speciale Invest, Blume Founders Fund and CRED's Kunal Shah.The company, however, did…

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In 2020, Cashfree had 70K merchants on its platform. By 2021, it nearly doubled that number. Here’s how

Buoyed by the rapid adoption of ecommerce and online payments in India in the wake of the COVID-19 pandemic, payments processing startup Cashfree said it saw a 150 percent increase…

Continue ReadingIn 2020, Cashfree had 70K merchants on its platform. By 2021, it nearly doubled that number. Here’s how

Prime Venture Partners announces Fund IV of $100M, with a first close of $75M

Investment firm Prime Venture Partnershas announced the close of its Fund IV of $100 million, with a first close of $75 million (Rs 556 crore). Prime Venture Partners had raised $72 million…

Continue ReadingPrime Venture Partners announces Fund IV of $100M, with a first close of $75M

‘Internet platforms are more than just conversation builders’ – 35 quotes of the week on digital transformation

Launched in 2014, StoryBites is a weekly feature from YourStory, featuring notable quotable quotes in our articles of this past week. This special series of quotes focuses on the increasing…

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Solving for kiranas, Mumbai-based startup LoveLocal finds sweet spot in battle for online grocery

The growth of LoveLocal, a Mumbai-based hyperlocal ecommerce marketplace that enables local retailers to sell daily essentials online, in the past 18 months shows the power of being at the…

Continue ReadingSolving for kiranas, Mumbai-based startup LoveLocal finds sweet spot in battle for online grocery

Run by a brother-sister duo, this Indian online store sells hardware crypto wallets by Ledger, Trezor

Looking at his techie father buy Bitcoin (BTC) and Ethereum (ETH), Harsh Vakharia did some research and found it was risky to hold cryptocurrency on exchanges, as the exchanges were…

Continue ReadingRun by a brother-sister duo, this Indian online store sells hardware crypto wallets by Ledger, Trezor

Open digital ecosystems can unlock $700B opportunity in India: Nasscom

Open digital ecosystems in India will unlock opportunities worth $700 billion by 2030 across sectors, stated Nasscom in a report titled ‘Digital India: The Platformisation Play’, at a summit.Citing a…

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