SaaS

Spa-Salon SaaS Startup Zenoti Raises $20 Mn From Steadview

A spa and salon software startup Zenoti Software has raised USD 20 Mn from Steadview Capital in less than three months after closing a Series C round of funding.

Source: INC42

 

Retail

Amazon To Acquire 49% Of Future Coupons

Ecommerce giant Amazon is acquiring 49% stake in Kishore Biyani’s Future Coupons, the promoter entity of India’s second-largest retail chain Future Retail.

Source: INC42

 

Food and Beverages

Haldiram Bhujiawala buys Coffee Bean franchise for Rs 100 crore

Haldiram Bhujiawala has bought The Coffee Bean & Tea Leaf India franchise from private equity fund Everstone Capital in a deal which, two people briefed on the matter said, cost it under INR 100 crore.

Source: ECONOMICTIMES

 

EdTech

Tiger Global, Sequoia investment to value skilling startup over $100 Million

Interviewbit Academy, an income-sharing agreement (ISA) startup where students/professionals pay re-skilling fee only after landing a job, is raising $20 million from Tiger Global Management and Sequoia Capital India besides Singapore’s Economic Development Board (EDB), two people directly aware of the matter said.

Source: TOI

 

Hyperlocal Services

Crowdsourced same-day delivery service Wefast raises $15M in Series B led by Vostok New Ventures

Wefast via its parent company Dostavista, the leading crowdsourced same-day delivery service operating globally, has raised $15 million in a Series B funding round led by Vostok New Ventures, as well as other existing investors Flashpoint and Addventure.

Source: YOURSTORY

 

Others

IRCTC Files Draft Papers To Raise INR 500-600 Cr In IPO

The government-owned Indian Railway Catering and Tourism Corp. Ltd (IRCTC) has filed draft papers for its initial public offering (IPO) with the Securities Exchange Board of India (SEBI) on Thursday.

Source: INC42