Sequoia India

Ola raises $1.1 bn from investors led by Tencent Holdings, in talks for another $1 bn

Ola and Uber are locked in an intense battle for leadership in the Indian market and have pumped in millions of dollars in driver incentives and discounted rides for customers

PepperTap acquires Jiffstore to boost online grocery space, raises Rs 26 crore

PepperTap acquires Bengaluru-based hyperlocal grocery delivery startup Jiffstore for an undisclosed amount

Zomato raises $60 mn from Temasek, Vy Capital

The company will use the investment to expand new business verticals, Zomato said in a statement.