Entrackr

Jitendra Singh | Entrackr Last year, cryptocurrency such as Bitcoin and Ethereum took the world by storm. In a span of twelve months, it rose from $900 to $20,000. It became a marquee attraction for investors and everyone suddenly wanted […]

Yanogya Sharma | Entrackr Ekta Kapoor-owned Balaji Telefilm’s OTT (Over-the-top) platform ALTBalaji has added 2.1 million users in Q1 FY19. According to a report by Television Post, as on 30 June, 2018, ALTBalaji’s user base stood at 3.3 million. It […]

Jai Vardhan | Entrackr After e-commerce and payments, food delivery segment has been experiencing a lot of action. Since the beginning of this year, Swiggy and Zomato have collectively raised over $500 million in risk capital. With over 16 million […]

Harsh Upadhyay | Entrackr Ultraviolette Automotive, an electric two-wheeler and energy infrastructure startup has raised Rs 6 crore in extended Series A round from TVS Motor Company. Earlier in December, last year, TVS Motor had infused around Rs 5 crore for […]

Tausif Alam | Entrackr In an attempt to implement data localisation in India, the Indian government has first asked Amazon to set up local servers in the country. The government believes the move will check unbridled cross-border migration of data […]

Saurabh Singh | Entrackr In absence of the Reserve Bank of India clarification on data storage, the global payment firms may not meet the apex bank deadline, which is till October. With only two months left to relocate the data […]

Team Entrackr | Entrackr To strengthen its play against Walmart and Alibaba, Amazon has invested Rs 2,700 crore ($386 million) in Indian unit. The online marketplace would deploy fund towards building warehouses, marketing, and increasing product assortment. With this fund […]

Harsh Upadhyay | Entrackr Scooter sharing startup Vogo has raised around $6-7 million in its Series A round led by Ola’s parent ANI Technologies and Hero MotoCorp chairman Pawan Munjal. The funding round in the Bengaluru-based startup also witnessed the […]

Tausif Alam | Entrackr With 500 million customers, Future Retail seems to be sitting on a goldmine of data which it plans to exploit to raise funds from foreign investors. The company’s boss Kishore Biyani has confirmed that he may […]

Jitendra Singh | Entrackr The paper leaks have become quite a common phenomenon. Whether it is board exams or competitive ones, there often come reports of paper leaks. The Central Board of Secondary Education (CBSE), which has more than 20,000 […]

Yanogya Sharma | Entrackr In a welcome news this morning, it was reported that ISRO plans to incubate space startups in India. The government-owned space research organisation will target those startups for incubation purposes that aim at creating applications and […]

Tausif Alam | Entrackr Payments banks, which have so far failed to make any dent in the new-age banking system, further see a huge threat from mobile wallet companies. The mobile wallet ecosystem which is continuously evolving and soon going […]

Jitendra Singh | Entrackr Mukesh Ambani-owned Reliance Jio is planning to roll out its broadband service JioGiga Fibre within next two months at around 50 per cent lower rate. Jio is eyeing to commercially launch Jio Giga Fiber, which includes […]

Harsh Upadhyay | Entrackr Paytm parent One97 Communications and AGTech Holdings have put in $16 million in Gamepind, a joint venture between both Alibaba-backed companies. Following the deal, the joint venture also appointed former Paytm executive Sudhanshu Gupta as its […]

Saurabh Singh | Entrackr In an attempt to strengthen the information base and track children living in shelter homes, Aadhaar cards of over 30,000 children have been linked to the Track Child portal. The portal functions as a central database of […]

Team Entrackr | Entrackr This week 18 startups received funding, of which 10 received a total sum of about $188 million. Among them, PhonePe raised the highest investment of $66 million, followed by ZipGo which raised about $44 million. Meanwhile, […]

Tausif Alam | Entrackr Recently, UNESCO published a report on Internet Service in which India topped the list in Internet shutdown, an intentional disruption of the Internet service to control communication or online content or slowing down the access to […]

Harsh Upadhyay | Entrackr Hotel brand Oyo is on expansion spree. While expanding its operations in overseas such as China, London in recent times, the SoftBank-backed company also acquired startups to prove its mettle besides hotel brand segment. The latest […]

Saurabh Singh | Entrackr The Competition Commission of India (CCI) may order a regulatory probe in pre-Independence Day sale discounts exercise practised by online marketplaces such as Amazon, Flipkart and Paytm. Discounting practice by online retailers is explicitly banned. “The […]

Yanogya Sharma | Entrackr With $4.5 million funding in its pocket, hyperlocal micro-delivery platform DailyNinja has made its first acquisition in Hyderabad. With plans to expand its operations in the city, the milk-tech player has consolidated Hyderabad’s local milk and […]

Tausif Alam | Entrackr The government, which left no-stone-unturned to stop cryptocurrency trading in India, is planning to launch crypto tokens for financial transactions in the country. It is also considering to replace smart cards with such tokens. In the […]

Tausif Alam | Entrackr E-commerce marketplace Shopclues, discarding negative speculations, has claimed to be on the right path and also raised about $16 million from existing investors this year. The company last raised $7.5 million in debt in May 2017. […]

Jitendra Singh | Entrackr In spite of having the second-highest number of active Internet users in the world, India has only 160 Mn (40 per cent of 390 Mn active users) who transact online. On average, India adds 40 million […]

Team Entrackr | Entrackr Sequoia Capital-backed edtech startup Unacademy is in advanced talk to acquire online exam preparation platform WiFi Study. The negotiation has been on for past six weeks, and both parties have been agreed for the deal, said […]

Harsh Upadhyay | Entrackr After 4 months of being in stealth mode, IndiaTech.org, the lobby group has once again come up with a new CEO on board. The lobby group has appointed Rameesh Kailasam as the new acting CEO after […]

Harsh Upadhyay | Entrackr Lianjia, is China’s one of the biggest chain of offline real estate stores, with a widespread global reach online as well. However, unlike regular models, Lianjia owes its success to its ability to leverage the dual […]

Jai Vardhan | Entrackr Indian Internet space has been notorious for not offering an exit to investors. Over the years, many venture capitals (VCs), experts, and media have been lamenting over clogged exit funnel, time and again. However, with Flipkart […]

Harsh Upadhyay | Entrackr Payments major Paytm has acquihired savings management application Balance Tech for an undisclosed amount. With the acquisition of the Bengaluru-based startup, Paytm aims to enhance its users and merchant interface. Following the deal, Paytm will absorb […]

Tausif Alam | Entrackr With the change in name from Metro Bikes to Bounce, the two-year-old motorcycle and scooter-sharing startup has bounced back with $12.2 million funding raised from Sequoia India and Accel Partners, along with a consortium that includes Raghunandan […]

Saurabh Singh | Entrackr After studying Indian market for over a decade, Sweden-based furniture giant has opened its first store for people in Hyderabad’s Hitec City on Thursday. The 400000 square feet outlet has around 7500-8000 products. Knowing the price-sensitive […]