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Practo In Talks To Raise $50-60 Mn In Fresh Round Of Funding
Bangalore-based healthcare startup Practo is in talks to raise over $50-60 Mn in a new round of funding, which could value it at over $600 Mn (INR 4,000 Cr), according to a report by ET. Although,...
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Uber Launches New Trip Scheduling Service, Allows Users To Book A Cab In Advance
In the latest development, online cab aggregator Uber has launched a new service, where users will be allowed to schedule their trips in advance, using the app. The new service is currently available...
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News Roundup: 11 Startup Stories You Don’t Want To Miss This Week [19...
Flipkart claims to have crossed the 100 Mn registered customers mark and claims to be the first ecommerce company in India to do so. It also claims to offer more than 40 Mn products across 80+...
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Indian Healthtech Funding Report: 2016 Hits A Low. What’s In Store For 2017
[Note: This article is part of The Junction Series. We will be covering the HealthTech sector in detail at The Junction 2017 in Jaipur. Learn more about The Junction here!] The Indian healthcare sector...
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Practo Makes Fifth Acquisition – Acqui-hires Advance Analytics Platform...
Bengaluru-based online healthcare platform Practo has acquired advanced analytics platform Enlightiks for an undisclosed amount. Post-acquisition, the entire team of 50 people from Enlightiks will join...
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Decoding The Healthtech Space In India: What Is Stopping It From Being Healthy?
[Note: This article is part of The Junction Series. Get a deep dive on innovations in HealthTech and the Indian startup ecosystem. Learn more about The Junction here!] Consider the following stats...
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Movers And Shakers Of The Week [2 January – 7 January]
AdvantEdge Partners Appoints Ridhish Talwar To Head Incubator Programme Leading early-stage venture capital fund advantEdge Partners announced the appointment of Ridhish Tawlar as Head of its Incubator...
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Practo Raises $55 Mn Series D Led By Tencent; Looks To Expand International...
Bengaluru-based online healthcare platform Practo has raised $55 Mn Series D funding in a round led by Tencent. With this, three new investors have joined Practo – ru-Net, RSI Fund (owned by Recruit...
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The Nudge Foundation To Launch Incubator For Non Profit Ventures; Plans To...
Bengaluru-based non-profit The Nudge Foundation is planning to launch the first-ever incubator to support non-profit ventures working towards poverty alleviation. The foundation plans to invest over...
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Going Non-linear, Going Big… Going To Be Funded
To describe something as “nonlinear” is to describe it by what it is not. What is so attractive about Flipkart, Practo, FreshDesk, Ola, BookMyShow, Oyo – the new age companies? The answer is – their...
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Practo Lays Off 150 Employees As Part Of Yearly Review, Launches New Brand...
Bengaluru-based online healthcare platform Practo has reportedly sacked over 150 employees. Currently, the company has about 1,500 employees. The layoffs were done as a part of the annual performance...
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News Roundup: 10 Indian Startup Stories You Don’t Want To Miss This Week [3...
All in all, it was an interesting week for the Indian startup community with two companies declaring profitability. Nine-year-old Zomato released a short form unaudited annual report for FY2017. The...
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Vijay Anand Calls Indian Startups Practo, Zoho, Freshdesk Overstaffed; Girish...
Do Indian startups tend to hire more people compared to their counterparts in the Valley? Vijay Anand, founder and CEO of Chennai-based accelerator The Startup Centre, thinks so and highlighted this in...
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News Roundup: 8 Indian Startup Stories You Don’t Want To Miss This Week [8...
After Facebook and Twitter, LinkedIn has become the new battleground for the startups. Vijay Anand, founder and CEO of Chennai-based accelerator The Startup Centre, in a recent LinkedIn post, called...
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Practo Under IT Department Scanner For Tax Evasion
Bengaluru-based healthtech startup Practo is reportedly undergoing a tax probe. As per a recent report, the company is being investigated by the Income tax authorities for tax evasion through a...
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13 Indian Startup News That You Don’t Want To Miss This Week [News Roundup]
We bring to you the weekly dose of important Indian startup news of the week. From exercising caution over Bitcoin cryptocurrency, the Government of India could finally be moving towards compliance. As...
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Income Tax Scare For Startups For Issuing Preference Shares At A Premium Over...
In a tax scare for startups, the Income Tax department has sent notices to startups and unlisted subsidiaries of some major Indian companies and multinationals for raising funds through preference...
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Tarun Davda On Why Matrix Partners Will Always Be A Founders First VC Firm
VC firm Matrix Partners inaugurated its Delhi office last month in order to increase its investments in Delhi-based startups. As mentioned by Managing Director, Tarun Davda, in past 18 months, 30-40%...
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ICICI Lombard Looks To Tap OPD Health Insurance Industry With Practo
ICICI Lombard General Insurance has launched a health insurance app — ‘IL TakeCare’ in collaboration with healthtech startup Practo. The app aims to meet the key customer requirements with respect to...
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Online Insurance Company PolicyBazaar Gears Up To Explore Healthcare Tech And...
Gurugram-based eTechAces Marketing and Consulting Pvt Ltd, which owns and operates online insurance company PolicyBazaar and lending company PaisaBazaar, will now explore the healthcare tech and...
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