///Start-up and funding news – Daily Digest. 31st May 2017

Start-up and funding news – Daily Digest. 31st May 2017

Here’s your daily dose of start-up and funding news from India and around the world: 31st May ‘17

India startup #news:
• Flipkart’s chief operating officer Nitin Seth quits
• BookMyShow is planning to bring down the share of movies to about a third of its revenues in the next 3-5 years and increase investments in live events and content business, which include platforms like Daily Social and Movie Nation
• Zomato is evaluating the option of fulfilling deliveries on its own for a small set of restaurants
• Japan-based pharmaceutical company Rohto Pharmaceutical has invested $5 Mn in online pharmacy SastaSundar Healthbuddy
• Bank Of Baroda and Times Internet have reportedly been in talks with FreeCharge; Deal size is expected to be in the range of $60 Mn-$75 Mn
• Jyoti Bansal has invested an undisclosed amount in sales execution and marketing automation platform Leadsquared
• LoadShare has raised an undisclosed amount from Matrix Partners India in a pre-Series A round
• Swiggy raises $80M funding led by Naspers
• MagicPin has raised $7 mn Series B from existing investor Lightspeed India Partners, Waterbridge Ventures and two global family offices
• Collateral Medical has raised $3.5 mn in a Series-A investment from Carpediem Capital
• Microsoft signs 15 year lease for 2L-sq ft office space in Hyderabad

Around the world:
• Singapore government and SGX launch their drive for more tech IPOs
• Spotify steps up Asia expansion with plans to launch in Vietnam and Thailand
• Uber fires self-driving car chief at centre of court case
• China to implement cyber security law from Thursday
• Snap buys LA-based drone manufacturing firm for $1M

2017-05-31T15:19:05+00:00

This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.

This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.