Exclusive: O2O startup Shopsity shuts down; founder joins Paytm

Danish AhmedYebhi.com co-founder Danish Ahmed’s second venture—Shopsity—also seems to have fizzled out. Shopsity followed an online-to-offline (O2O) retail model and connected customers to fashion retailers in their vicinity. Its website and app are no longer working. Moreover, according to Ahmed’s LinkedIn profile he has joined mobile wallet and e-commerce firm Paytm as vice president of O2O […]

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Yuvraj Singh-backed health-tech startup Healthians.com raises Series A funding

From L- R: Healthians Founders Deepak Sahni and Anuj MittalExpedient Healthcare Marketing Pvt. Ltd, which runs online diagnostics and wellness startup Healthians.com, said on Monday it has raised $3 million (Rs 20 crore) in a Series A round led by venture capital fund Beenext. Japanese Internet company Digital Garage and Japanese e-commerce and investment firm Beenos, among others, also participated in this funding round, […]

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Beenos’ founder floats $60M VC fund

Teruhide Sato, founder & former CEO of Japanese e-commerce operator and investor Beenos Inc (formerly Netprice), has set up a new $60 million (approximately Rs 400 crore) venture capital fund targeting investments in early stage companies in India, Southeast Asia, Japan and the US, separate media reports said citing Sato. The fund christened BEENEXT will […]

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