Vidal Health raises $10M in series A funding round from Ambit Pragma

Vidal Health raises $10M in series A funding round from Ambit Pragma

 Ambit Pragma has invested $10 mn in Vidal Health to buy a significant minority stake Bengaluru – Sept 27, 2016. RedNewswire/- Bengaluru-based health and wellness solution provider Vidal Health has raised $10 mn in Series A funding round from Ambit Pragma. Their wellness programs to the corporate include health risk assessments, screening, nutrition counseling, stress counseling, tobacco cessation among others. Ambit Pragma has invested in Vidal Health, a third party administrator to buy significant minority stake in…

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ICICI Bank hits 1 lakh VPA registrations on UPI app

ICICI Bank hits 1 lakh VPA registrations on UPI app

ICICI Bank said customers of any bank who have created their VPA on ‘Pockets’ as well as ICICI Bank customers using ‘iMobile’ can soon pay using their smartphone at over 6,500 HPCL petrol pumps and more than 2,000 stores of ABFRL across the country.   Country’s largest private sector lender ICICI Bank today said it has reached the milestone of registering one lakh virtual payment addresses (VPA) on Unified Payments Interface (UPI), within three weeks…

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Logistics technology startup “Sparse Labs” gets acquired by Zomato

Logistics technology startup “Sparse Labs” gets acquired by Zomato

Zomato acquires Sparse Labs to give restaurants and customers realtime delivery tracking data Bengaluru – Sept 27, 2016. RedNewswire/- Sparse Labs is a Gurgaon-based logistics tech startup founded by Pankaj Batra specializing in helping restaurants track delivery drivers, show customers where their order is in real time and allocate orders to the most suitable delivery person based on location. Sparse Labs android based application include web dashboard, driver apps, customer notifications, API, maps and more. The application will help the…

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Ed-Tech startup “EduKart” gets acqui-hired by Paytm

Ed-Tech startup “EduKart” gets acqui-hired by Paytm

Ishan Gupta, founder of EduKart will join Paytm as vice president business Bengaluru – Sept 27, 2016. RedNewswire/- EduKart is India’s leading education marketplace, offering education seekers a platform to choose and enroll from 2500+ courses in degree, diploma, certifications, entrance coaching and K12 categories. EduKart has more than 10,000 paid students on its platform and partnerships with over 120 course providers. This company which was founded by Ishan Gupta and  Mayank Gupta in 2011 gets…

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Let’s barter India has raised an undisclosed amount of seed funding from Scale Ventures

Let’s barter India has raised an undisclosed amount of seed funding from Scale Ventures

Let’s Barter is a platform for customer to customer exchanges for used goods and barter of services New Delhi – Sept 26, 2016. RedNewswire/- Lets Barter India is a social community group for peer to peer second goods exchange on Facebook and has recently launched a website. The platform was formed in October 2015 as a Facebook group and its app for Android and iOS was launched last month. Its facebook group has more than…

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Chinese investors offer to provide funding of about $50 million for Indian startups

Chinese investors offer to provide funding of about $50 million for Indian startups

The investing delegates are keen on first understanding the Indian market, while other are keen on investing in the Indian startups Bengaluru – Sept 26, 2016. RedNewswire/- On sunday, a dozen Chinese investors offered at a technology summit to jointly provide funding of about $50 million for Indian startups. Hong Kong-based Cyber Carrier has set up a $30 million initiative fund to make 10 more investments in India. Jessica Wong, partner at Cyber Carrier, said,.. “Chinese investors are…

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