Startup News – 1st November 2017

by harshita · Published November 1, 2017 · Updated February 8, 2018

The startup updates for the day:

Zone Startups has selected 15 women entrepreneurs for its second accelerator batch. Read more.
Flipkart’s PhonePe has launched a POS device to ramp up in-store digital payments play. Read more.
Online drugs marketplace NetMeds has raised $14 Mn from Tanncam, Sistema. Read more.
ItzCash Parent Ebix has acquired Online Travel Portal Via.com, Eyes Expansion Across Southeast Asia. Read more.
Hyperlocal delivery startup Shadowfax has acquired assets of PepperTap parent entity, NuvoEx Logistics. Read more.
After Flipkart, logistics startup BlackBuck is rewarding employees with ESOP repurchase plan. Read more.
Online grocery startup Bigbasket has raised $8.02 Mn funding to take on rival Grofers. Read more.
Foodtech startup FreshMenu has opened its first offline outlet; is setting sight on 2x revenue growth in FY18. Read more.
Snapdeal has initiated legal action against Quickdel Logistics; has sent a legal notice. Read more.
Banks to soon bring their UPI-enabled digital payment apps under the umbrella of BHIM. Read more.