Simplilearn is education company of the year: VCCircle Awards

VCCircle AwardsEd-tech firm Simplilearn Solutions Pvt. Ltd has won the News Corp VCCircle education company of the year award for 2017 for the business innovation it has demonstrated and the progress it has made on the global expansion front. The eminent jury, chaired by Arun Duggal, chairman of ratings agency ICRA, unanimously acknowledged the San Francisco-based […]

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Exclusive: Massive job cuts loom large at Yepme as funds dry up

YepmeDelhi-based VAS Data Services Pvt. Ltd, which operates fashion e-commerce firm Yepme.com, is going through trying times with the company looking to reduce headcount by 80-90% and forcing entire teams to resign. Several people that Techcircle has been speaking to for the past few months said on the condition of anonymity that both VAS Data […]

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Wooplr gets $8 mn in Series B round from Sistema Asia Fund, others

For-Wooplr-Story-TC_ThinkstockPhotos-488217130Wooplr Technologies Pvt. Ltd, which runs an eponymous fashion discovery platform for women, has raised $8 million (around Rs 53.6 crore) in a Series B round of funding from Sistema Asia Fund (SAF), a proprietary fund of Russian conglomerate Sistema JSFC, it said in a statement. The round also saw participation from Singapore-based private equity […]

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Wooplr gets $8 mn in Series B round from Sistema Asia Fund, others

For-Wooplr-Story-TC_ThinkstockPhotos-488217130Wooplr Technologies Pvt. Ltd, which runs an eponymous fashion discovery platform for women, has raised $8 million (around Rs 53.6 crore) in a Series B round of funding from Sistema Asia Fund (SAF), a proprietary fund of Russian conglomerate Sistema JSFC, it said in a statement. The round also saw participation from Singapore-based private equity […]

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Exclusive: Simplilearn to raise $40 mn this year for acquisitions, expansion

Krishna KumarOnline certification course provider Simplilearn is planning to raise $30-40 million in Series D funding in the first half of this year, its founder and CEO Krishna Kumar told Techcircle. Simplilearn Solutions Pvt Ltd, which has so far raised $28 million from venture capital firms, last raised equity funding in April 2015. It had then […]

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One funded Indian tech startup shut shop every 10 days this year

ThinkstockPhotos-511734232Well begun, as they say, is half done. By that measure, startups that managed to raise funding from marquee investors such as Sequoia Capital, Matrix Partners and Helion Ventures even before they began to earn revenue would surely have been on the path to success. But, a beginning however great is just that—a beginning. And […]

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RailYatri raises fresh round of funding from existing investors

railyatri_feNoida-based Stelling Technologies Pvt Ltd, the company which runs RailYatri.in, a platform which gives railways-related information, has raised a fresh round of funding from all its existing investors—Nandan Nilekani, Helion Ventures, Omidyar Partners and Blume Ventures. The amount of funding was undisclosed. This round comes after the Series A funding which the company had raised […]

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Exclusive: ShopClues acquires two startups to build seller support

acquireGurgaon-based e-commerce firm ShopClues has acquired two startups to enhance support for merchants on its marketplace platform, according to one person familiar with the development. The acquisitions were made in the second quarter of this year, the person told Techcircle. “One startup has been acquired and integrated, while the other is more of an acqui-hire,” […]

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