Darwinbox Raises USD 15 Mn In Series B Round From Sequoia
Cloud-based HR solutions company Darwinbox has raised USD 15 Mn in Series B round of funding led by Sequoia Capital. The company’s existing investors Lightspeed Ventures, 3one4 Capital and Endiya Partners also participated.
Junglee Games Acqui-Hires Algorin TechLabs; Launches Howzat Fantasy Gaming App
To stay competitive in the tight Indian online gaming market, Nazara Technologies has been on an acquisition and investment spree, and now US-based Junglee Games has now announced the acquisition of Bengaluru-based gaming tech startup Algorin TechLabs. Junglee claims to have 20 Mn users in seven countries and targets 40-50 Mn active users by this financial year-end.
Sachin Bansal Announces Acquisition Of NBFC; To Take Over As CEO
Flipkart co-founder Sachin Bansal has finally marked his entry into the financial services segment with the acquisition of Chaitanya Rural Intermediation Development Services Private Limited (CRIDS), a non-banking finance company (NBFC).