India Deals Digital Marketing Company Mogae Media Pvt Ltd Buys Ngage and 17 More Updates – BW Disrupt

Here is a list of deals that happened in India Startup Ecosystem including funding, merger, acquisition, product launch & appointment etc.

1. Indore-based discount broking company TradingBells has raised $296.3K (INR 2 Cr) in a Seed funding round led by Mumbai-based stock broker Swastika Investmart Ltd. Read More

2. E-Cell, IIT Bombay has announced the launch of the second edition of ‘The Ten Minute Million’ challenge at the Entrepreneurship Summit of IIT Bombay. The selected startups will then get an on-spot funding commitment for $22.2K (INR 15 lakh). Read More

3. Bengaluru-based medical grade wearable device startup, ten3T has raised an angel round of funding from Pi Ventures. Read More

4. User analytics and engagement platform, MoEngage, has raised an undisclosed amount of investment from Anand Chandrasekaran, the Head of Platform & Product Partnerships for Messenger at Facebook. Read More

5. Grofers has partnered with YES BANK, in a move which will allow Grofers customers to get currency notes delivered to their doorstep along with their grocery order for up to INR 2,000 through YES Bank PoS machines. Read More

6. SERV’D, a Pune-based startup, has received a $100K grant from Digital Financial Service (DFS) Lab. Read More

7. 1mg, Gurugram-based HealthKart’s online drug search business, has acquired MediAngels to strengthen its position in the eHealth space in India. Read More

8. Socure Inc, a digital identity verification company, has raised $13 million in funding led by international venture capital fund Flint Capital.
9. Google has activated a new Google Drive feature that can turn the cloud storage app for iOS, a mobile operating system developed by Apple Inc., into a migration tool. This will enable the transfer of calendars, contacts and photos from an iPhone or iPad to a new Android device in a much easier way. Read More

10. Mumbai-based digital marketing company Mogae Media Pvt Ltd has acquired Ngage, the ad-tech platform of Nimbuzz BV, a Netherlands-based over-the-top (OTT) content firm. Read More

11. The first set of Nokia feature phones – Nokia 150 and Nokia 150 Dual SIM – from HMD Global’s stable will be rolled out in India, besides other markets of Europe, West Asia and Africa in the first quarter of 2017. The phones could be priced at less than Rs 2,000. Read More

12. Infosys said it invested an undisclosed amount in Indian drone startup ideaForge, as the IT company looks to tap its solutions for industrial uses. Read More

13. Chinese smartphone maker nubia Smartphone will invest $100 million (Rs 680 crore) over the next five years in (expanding its operations in India, which it counts among the top three countries globally.
14. Amazon.com, the Seattle-based ecommerce giant, is set to launch its Prime Video service in India on Wednesday. Read More

15. Social commerce venture Sagoon is in the process of raising $20 million (about Rs. 133 crore) in fresh funding through a ‘mini-IPO’, under the regulations enacted by the Obama administration’s landmark JOBS Act. Read More

16. Paytm has announced its partnership with major NHAI toll concessionaires like Reliance Infra, Sadhbav, IRB, MEP, L&T and GMR to enable cashless payments at all state, national and city tolls across India. With this partnership, commuters across the country can now pay their toll charges instantly with Paytm. Read More

17. IBM today, inaugurated its state-of-the-art Security Command Center in Bangalore to service the security needs of Indian clients. Read More

18. fitpass, the all-access pass to gyms and fitness studios, has raised $1 million in seed funding from Mumbai Angels and a consortium of Delhi and Bangalore based Angels. Read More