wordpress blog stats
Connect with us

Hi, what are you looking for?

Funding & M&A Roundup: LocalBanya and YouTellMe + Priceburp

LocalBanya.com expands to Pune, funding from Shrem Strategies Mumbai based e-grocery Localbanya.com now serves Pune along side Mumbai, the company has announced. It received a new round of funding from Shrem Strategies towards the end of 2014. After doing test runs in Pune in February (including same-day delivery), they decided to become operational in Pune towards the end of February this year. The 3 year old company is looking to expand to metros in the next 3 months. It claims to have over 1 lakh customers and 14,000 products on the website, delivering up to 11:30pm. It adds that the average value of a cart is Rs 1400 per order. Localbanya had raised an undisclosed amount in Series A funding from real estate development group Karmvir Avant Group in January 2014 and BCCL’s Springboard fund in July 2013. The investment from January 2014 was planned to strengthen its operations, hiring and marketing operations. Founded in May 2012 by Karan Mehrotra, Amit Naik and Rashi Choudhary, the platform currently offers grocery and bakery products, household products and kitchenware among other broader categories. **** Price comparison YouTellMe.com acquires coupons portal Priceburp.com One year old price comparison and product discovery startup YouTellMe.com is set to acquire coupons portal Priceburp.com. The company said that they have plans for raising a Series A funding of $1-1.5 million in the next 2 months. Priceburp’s operational team will integrate with YouTellMe to populate the latter’s merchant coupons and deals vertical. YouTellMe will add product prices, coupons and deals…

Please subscribe/login to read the full story.
Written By

I'm a MediaNama alumna from 2015-16 (remember TinyOwl?) now back to cover e-services like food and grocery delivery, app based transport and policies, platforms and media in India.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement

News

Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?

News

A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'

News

India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...

News

There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ