Hiring startup Belong.co ropes in former Groupon top exec

NASDAQ-listed deals aggregator Groupon Inc’s chief operating officer Bharath Devanathan has joined Bangalore-based recruitment solutions startup Belong.co as chief customer officer, his LinkedIn profile shows. Devanathan joined Groupon India as vice president in April 2011 and in August he was appointed as chief operating officer. Later in 2013, he was made COO of Groupon Inc’s […]

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Exclusive: Restaurant booking & deals startup OneLoyalCard acqui-hires Pocketin

OneLoyalCardOneLoyalCard.com, a Delhi-based table reservation and deals platform, has acqui-hired restaurant deals startup Pocketin for an undisclosed amount as it looks to enhance its technology infrastructure and accelerate pan-India growth plans. “By acqui-hiring Pocketin, we will consolidate our position in the Delhi-NCR region and fast forward our expansion plans to other major markets,” Vaibhav Garg, […]

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Rewards platform Kloseby gets seed funding, aims to reach more users

Kloseby1Rewards app Kloseby has raised $100,000 (around Rs 68 lakh) in seed investment from an undisclosed investor, it said in a statement. Kloseby, run by Cloudnine Technologies Pvt. Ltd., helps users earn rewards when they visit stores. It also enables businesses to get better visibility. The funds will be used for building technology and hardware, […]

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Ankur Warikoo working on a new script for Nearbuy

Ankur WarikooAn old lady runs through the narrow corridors of a slum, chasing two thieves, who had apparently robbed her bag. Twenty seconds into the chase, the old lady grabs them and hits them on to the ground. The video ends with a message – “Karate classes for just Rs 149.” This was the advertisement of […]

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Deals site Nearbuy gets $2.2 mn in loans from BlackSoil Capital

Deals and discounts site Nearbuy has raised venture debt of Rs 15 crore (about $2.25 million) from non-banking financial company

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