Startups raised $198.3 million between February 1-7, a 65.2% increase from last year. Key deals include Myntra’s $81 million, Cashfree Paym...

Angel List cofounder Naval Ravikant and Eniac Ventures also participated in the funding round. TrueFoundry will use the funds in hiring tec...

To be picked by Y Combinator means an almost certain path to success. Set up in 2005, it has backed over 460 start-ups, including Scribd.