StartUp News – 11th December 2017
The startup world has no dearth when it comes to the new news! Read on to find out the headlines of today!
- Biotechnology Startup Clensta International Raises Pre-Series A Round at Rs 25 Cr Valuation –goo.gl/Ap5seq
- Online tea brand Vahdam Teas has raised $1.4M (Rs 9 Cr) in a round of funding led by VC firm Fireside Ventures. goo.gl/FbMxLV
- Express Bike Works – EBW Expands Footprint in Kerala – goo.gl/PAuDT1
German logistics company Deutsche Post DHL has announced plans to startup operations in India and will work with parent DPDHL’s Blue Dartservice in order to have its own presence here.
- Google targets small merchants, stores to push payment arm Tez
- FedEx Express, the world’s largest express transportation company and a subsidiary of FedEx Corp., has launched FedEx Delivery Manager in India.
- Houseome.com, a Mumbai based start-up offering end-to-end Interior Home Designing solutions has received an undisclosed investment from an Angel Investor making the total capital raised to INR 50 Lakh.
- Snapdeal, has appointed Saurabh Jalan, a representative from investor SoftBank, as an additional director at the firm. Meanwhile, Lydia Jett, a SoftBank executive and director at Snapdeal, resigned from the e-commerce firm’s board.
- Meet The 6 Startups That Showcased In Rajasthan DigiFest 2017 – Blueprint, Xane.ai, SRJNA, ToRoots, Nextsky Technologies & Bodhi
- Hero Electric is mulling over setting up multiple assembly plants to meet its target of increasing sales by ten-fold in the next five years, including enhancing exports.
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