Swiggy Has Raised $100 Million in Funding From Naspers, Meituan Dianping

HIGHLIGHTS Swiggy announced $100 million in Series F funding The round was led by Naspers, and sees a new investor Meituan Dianping Rival Zomato reportedly raised $200 million last week Swiggy on Thursday announced Series F funding from existing investors Naspers, and others including new investors Meituan Dianping, a Chinese group buying website headquartered in […]

Indian Startups Raised $1.73 billion in Q1 2016, Says Xeler8

Indian startups have raised $1.73 billion (roughly Rs. 11,471 crores) across 344 deals from 312 investors in the first quarter of 2016, a significant uptick in terms of deal volume and total investment size against the last quarter, analysis from startup deal intelligence platform Xeler8 has revealed. E-commerce, SaaS (software as a service) and health-tech […]

Concern about funds raised for religious charities: David Stulb

David Stulb, who heads the EY (earlier Ernst & Young) global forensic practice (Fraud Investigation & Dispute Services) was in India recently. A talk with Rajesh Bhayani: In which areas are frauds rising globally, apart from cyber crimes? At the global market, EY is focusing on two areas where we see increasing levels of fraud. […]