Sequoia leads $12m funding in SaaS( Software as…

SirionLabs, which offers technology based solutions to large enterprises to manage their outsourcing contracts, has managed to gain funding of $12.25 million from leading investors  Sequoia Capital and also saw participation from two new investors—QualGro…

BookMyShow Raises Funding From Stripes Group

Movies and events ticketing platform BookMyShow has raised Rs 550 crore in a funding round led by US-based Stripes Group. It's one of the biggest funding rounds for internet startups this year. Existing investors Accel…

Cisco launches startup accelerator

Cisco, a network equipment maker launches a start-up accelerator program named Launchpad which will enable selected start-ups to work along with Cisco and develop products together. It will also help the start-ups to solve their…

Government allows 100% FDI for online grocery startups

In a boost to retailers and grocery startups such as Bigbasket and Grofers, the government on Monday allowed 100% FDI in food retail, including through e-commerce, provided such items are produced, processed or manufactured in the country. "The decision by the government…