Below is a list of deals that happened in Indian Startup Ecosystem today. Read a brief description about all of them:
1. PremjiInvest will make more than $130 million on its $25 million (Rs 155 crore) investment in Myntra in early 2014, post the Flipkart-Walmart deal of worth $16 billion.
2. Ola’s COO Vishal Kaul has resigned from the company and is in the process of moving on to a new organisation.
3. India is working on a framework that will provide legal backing for a stable and predictable foreign investment regime in the country with an aim to attract more capital to help create jobs and accelerate economic growth.
4. Actor Sushant Singh Rajput Makes His Entrepreneurial Debut, Launches Innsaei Ventures aims to bring significant socio-economic and developmental transformations through creation and massification of intellectual property powered by emerging technologies. Read More...
5. PayPal has confirmed that it is buying iZettle — the Stockholm-based payments provider commonly referred to as the “Square of Europe” — for $2.2 billion in an all-cash deal.
6. Augmented reality display manufacturer DigiLens, ahas raised $25 million of a Series C round from automotive parts manufacturing giant Continental.