Below is a list of deals that happened in Indian Startup Ecosystem today. Read a brief description about all of them:
2. Google will invest $550 million in Chinese e-commerce powerhouse JD.com.
4. Video game and electronics retailer GameStop is holding talks with private equity firms about a potential transaction after receiving buyout interest.
5. Online automobile marketplace Droom has increased its marketing budget by over 75% to Rs 400 crore for the fiscal ended March 2019.
6. According to RoC filings, Delhi-based co-working spaces provider Innov8 has posted a revenue of Rs 1.95 crore in FY17 as compared to Rs 36.25 lakh in the previous fiscal. Meanwhile, the company’s losses jumped to Rs 2.59 crore in FY17 from Rs 1.64 lakh in the preceding fiscal.
7. Thimpu-based SAARC Development Fund (SDF) will soon be launching a social enterprise development programme (SEDP) to fund 80 entities annually across the 8-member states including India.
8. Security and surveillance equipment maker Prama Hikvision will invest ₹500 crore in India over the next few years.
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