Finance

Snapdeal Founders Kunal Bahl, Rohit Bansal Set Up Titan Capital Investment Fund

Gurugram-based e-commerce company Snapdeal founders Kunal Bahl and Rohit Bansal have been active angel investors in the startup ecosystem. The duo has now come together to set up an investment vehicle, Titan Capital.

Source: INC42

 

EduTech

YouTube Invests In 8 Indian Creators For High-Quality Learning Content

Tech giant Google is continuing to expand its presence in India, and this time it is doing so with the support of YouTube. With a user base of 265 Mn monthly active users in India, YouTube is an apt choice for the company to strengthen its local base with the ongoing vernacular opportunity.

Source: INC42

 

Consumer Lifestyle

Lenskart Could Enter Unicorn Club With Kedaara Capital Investment

Private equity firm Kedaara Capital is reportedly in talks to acquire stakes of the eyewear retailer Lenskart, according to a media report which cited two sources close to the matter. Existing investors in the company PremjiInvest and Chiratae Ventures are reportedly planning to liquidate their shares as part of this deal.

Source: INC42

 

Business Intelligence

OYO Acquires Danamica: Top-line Growth By Leveraging Dynamic Pricing In Pipe Line

Gurugram-based hospitality unicorn OYO Hotels and Homes on Monday announced the acquisition of Copenhagen-based data science company Danamica for an undisclosed amount.

Source: INC42

 

Food and Beverages

Sid Yog, DSG Consumer invest in organic QSR chain Suzette Gourmet

Suzette Gourmet Pvt. Ltd, which runs organic quick-service restaurant (QSR) chains under the brands Kitchen Garden and Suzette, said on Monday it has raised Rs 10 crore ($1.39 million) in a new funding round.

Source: VCCIRCLE

 

Others

Sodexo To Venture Into Child Daycare Business By August 2020: India Head

France-headquartered food services and facilities management company Sodexo is looking to diversify its offerings by venturing into daycare in India.

Source: INC42