BabyChakra targets Rs 500 Cr revenue in 3 years post-MyGlamm’s acquisition

Beauty brand MyGlamm has acquired BabyChakra, an online mother and babycare brand, for an undisclosed amount. This and many other mergers and acquisitions in India’s direct-to-customer (D2C) space indicates the…

Continue ReadingBabyChakra targets Rs 500 Cr revenue in 3 years post-MyGlamm’s acquisition

Battlegrounds Mobile India crosses 50 million downloads on Google Play Store; confirms the launch of iOS version soon- Technology News, FP

FP TrendingAug 17, 2021 17:15:10 ISTBattlegrounds Mobile India, after much hype, recently launched in India as the Indian version of the now-banned PUBG Mobile battle royale game. It, however, was…

Continue ReadingBattlegrounds Mobile India crosses 50 million downloads on Google Play Store; confirms the launch of iOS version soon- Technology News, FP

Meet The 16 Indian Startups Selected For Class 5 Of Google’s Accelerator Program

These startups have been shortlisted out of 700 applicantsThese startups will receive 3 months of mentorship and support from the network of Google and industry mentorsThe GFS Accelerator has accelerated…

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Government will support startups & entrepreneurs in the most challenging initial risk phase, says Ashwini Vaishnaw, Union IT Minister

The Indian government will be supporting startups and entrepreneurs in the most difficult phase, which is the risk phase, angels, VCs, and funds may not like to risk their time…

Continue ReadingGovernment will support startups & entrepreneurs in the most challenging initial risk phase, says Ashwini Vaishnaw, Union IT Minister

[Funding alert] Element5 raises $15M in Series A round led by Insight Partners

California-based Element5, with offices in Chennai, has raised $15 million in its Series A funding round led by global private equity and venture capital firm Insight Partners. The round also…

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Brex buys Weav, a universal API for commerce platforms, for $50M – TechCrunch

Fintech Brex first partnered with Weav, a developer of a universal API for commerce platforms, last summer. In March, Brex launched Instant Payouts for Shopify sellers using the startup’s technology.…

Continue ReadingBrex buys Weav, a universal API for commerce platforms, for $50M – TechCrunch

African fintech Pngme raises $15M for its financial data infrastructure platform – TechCrunch

Unbundling financial data through APIs and driving data-driven insights with value-add products in Africa keeps getting more exciting as major players continue to raise more money for scale. Less than…

Continue ReadingAfrican fintech Pngme raises $15M for its financial data infrastructure platform – TechCrunch