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Swiggy launches new pickup service; Drivezy raises equity funding of $20 million

Team YS
29th Nov 2018
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Just a month after Zomato Pickup started, Swiggy has launched its own ‘Swiggy Takeaway’. Tech review platform My Smartprice was the first to notice the new additions. But what do these features entail? They let you order food on the app and choose to pick it up whenever you want.


Drivezy raises equity financing of $20 million in Series B

Bengaluru-based vehicle sharing marketplace Drivezy has raised equity financing of $20 million for growth and asset financing of $100 million to add new vehicles. The round was led by existing investor Das Capital and included Yamaha Motor Co. Ltd., Axan Partners and IT-Farm. 

Drivezy
Three of the Drivezy Founders

Zomato will become a complete food business. Here’s how.

In the last ten years, Zomato has grown into a unicorn valued at $2.3 billion and has raised $600 million in funding. Co-founder and CEO Deepinder Goyal talks about how he’s conquered the food chain, and what’s next.

Deepinder Goyal, CEO and CO-founder Zomato.
Deepinder Goyal, CEO and CO-founder Zomato. Illustration by Aditya Ranade.

CloudSEK raises Rs 14 crore in pre-Series A


Information security risk management startup CloudSEK raised Rs 14 crore in its pre-Series A investment, led by Exfinity Venture Partners and StartupXseed. The company will use it to evolve its flagship product XVigil, a unified risk management platform.


SUN Mobility partners with SmartE

Energy infrastructure and services company SUN Mobility has joined forces with SmartE, an electric vehicle (EV) startup to set up battery swapping stations. SmartE will be deploying the battery swapping infrastructure at SmartE parks and charge hubs across Delhi, Gurugram and Faridabad.


The Souled Store raises $3 million

Pop culture merchandise marketplace The Souled Store has raised $3 million in a funding round led by RP-SG Ventures, which is backed by Sanjiv Goenka Group. The company plans to use the capital to bolster its backend and for marketing needs. Abhishek Goenka, Head of RP-SG Ventures, will be joining the board of The Souled Store.


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