FreeCharge founders, Chaayos CEO back B2B pharmacy app Reap

FreeCharge founders, Chaayos CEO back B2B pharmacy app ReapMumbai-based Workcell Solutions Pvt. Ltd, which runs B2B app for pharmacies Reap, has raised an undisclosed amount in seed funding from FreeCharge founders Kunal Shah and Sandeep Tandon, Chaayos co-founder and CEO Nitin Saluja and Thinklabs founder Gagan Goyal, a financial daily reported on Wednesday. The company will use the funds to develop the product […]

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Exclusive: Waste management organisation Hasiru Dala buys scrap collector startup EnCashea

EnCashea2Bangalore-based scrap collection and recycling startup EnCashea has signed an all-cash deal to sell its technology and customer base to Hasiru Dala, a non-profit organisation for waste pickers and other informal waste workers. Hasiru Dala, which is currently engaged mainly in wet and dry waste management, will venture into the scrap business using EnCashea’s proprietary […]

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PressPlay co-founder Anand Sinha joins FreeCharge

10377429_10152617238857772_192189687037188245_nSnapdeal-controlled digital payments platform FreeCharge has appointed Anand Sinha, co-founder and former chief executive of Sequoia Capital-backed travel entertainment startup PressPlayTV, as director of partnerships and strategic initiatives. Sinha will lead both online and offline partnerships in addition to working on several strategic initiatives for the firm, the company said in a press statement. Sinha […]

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Pocket Aces raises $3 mn led by Sequoia Capital

Seed_funding_junaidMumbai-based Pocket Aces Pictures Pvt Ltd, which runs digital entertainment startup Pocket Aces, has raised $3 million (Rs 20 crore) in a round of funding led by venture capital firm Sequoia Capital India, the company announced on Thursday. Other investors included North Base Media, TV Mohandas Pai-led Aarin Capital, 3one4 Capital, Axilor Ventures, and FreeCharge […]

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Exclusive: Kunal Shah-backed scrap collector EnCashea shuts shop

ClosedBangalore-based scrap collection and recycling startup EnCashea, which raised a seed funding from FreeCharge co-founder Kunal Shah and others recently, has decided to shut down its operations due to an unsustainable business model that runs on thin margins, but necessitates incremental working capital. The startup has decided to call it a day and return the […]

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Freecharge hires Karthik Rajeshwaran as director of strategy

Karthik RajeshwaranSnapdeal-controlled digital payments platform FreeCharge has appointed former Obi Mobiles executive Karthik Rajeshwaran as director (strategy). Rajeshwaran will use his expertise to usher-in consumer centric innovations to expand revenue across new business opportunities, Freecharge said in a press statement on Wednesday. Prior to his appointment at Freecharge, Karthik led global marketing and growth at Obi […]

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Online B2B marketplace Bharat Bazaar gets funding from BeeNext, others

bharatbazaar1Mumbai-based White Shadow Technology Pvt. Ltd that operates online business-to-business (B2B) marketplace Bharat Bazaar has raised an undisclosed amount in seed funding from a clutch of investors. The investors participated in the round included BeeNext, a Singapore-based early-stage technology fund; TV Mohandas Pai, chairman, Manipal Global Education Services and Aarin Capital; and Kunal Shah and […]

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Crownit raises funding from Girish Mathrubootham, Kunal Shah and Anand Chandrasekaran

Crownit2_fGurgaon-based GoldVIP Technology Solutions Pvt. Ltd that operates merchant discovery and rewards platform Crownit has secured an undisclosed investment from a group of investors, it said in a statement. Those who took part in the funding round include Freshdesk CEO Girish Mathrubootham, Freecharge’s Kunal Shah and Sandeep Tandon and Snapdeal’s former chief product officer Anand […]

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Wedding portal Shaadisaga gets funding from ah! Ventures, Anupam Mittal & others

Delhi-based online wedding planner Shaadisaga has raised an undisclosed amount in funding in a pre-Series A round from ah! Ventures, People Group’s Anupam Mittal and other investors. FreeCharge’s Kunal Shah and Sandeep Tandon, Dheeraj Jain of Redcliffe Capital and Rohit Chokhani of White Unicorn Ventures were among the other angel investors in this round, the […]

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Exclusive: EnCashea in talks to buy smaller rival RaddiMan; raises funding from Kunal Shah, others

encausa_002Bangalore-based scrap collection and recycling startup EnCashea has raised an undisclosed amount in seed funding from FreeCharge co-founders Kunal Shah and Sandeep Tandon, Tracxn Labs and a group of unnamed investors. The company is now in advanced talks to acquire its city-based rival RaddiMan, a person privy to the development told TechCircle.in. In addition, EnCashea […]

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