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ShopDeck raises $8 million in funding round led by Bessemer Venture Partners, Elevation CapitalThe funds will be used by the firm to strengthen Al-powered technology stack, add talent and expand on-ground operations to support sellers...- Financial irregularities found at healthcare startup Mojocare after review, say investorsA clutch of investors, including Peak XV Partners (erstwhile Sequoia India), Chiratae Ventures and B Capital, had initiated a review of the...
- We back the jockey, not the horse: Samir Sood, founder, Venture HighwayVenture Highway has backed startups like reseller network Meesho, vernacular social network ShareChat, social commerce venture Wmall, resea...
- Fresh set of VCs from Sequoia, Accel, others quit to become foundersAccel, an early backer of Flipkart and Swiggy, estimates that 90% of those who stepped down from the fund ended up starting their own compa...
- 20% higher average order value, high repeat orders: How women sellers are becoming prominent in social commerceWomen sellers are stepping up to bridge the trust gap.
- Social e-commerce startup DealShare gets $11 millionMatrix Partners and Falcon Edge led the two investment rounds for the firm.
- WMall in talks to raise $10m from Chiratae Venture and SAIF PartnersThe investment comes roughly six months after the startup closed a $1.8 million funding round from Venture Highway and SAIF Partners.
- VCs discover a picture of promise in social commerceFocused on the non-English speaking population and relying on videos and social platforms, a new breed of discovery-led startups is rising.
- VCs bet on startups that use regional languages to access next 100 million usersSome of these platforms are also leveraging the bargain-hunting and social-shopping behaviour to build trust.
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