Reliance Industries, one of India’s largest industrial houses, has acquired a majority stake in NowFloats, an Indian startup that helps businesses and individuals build online presence without a
San Francisco-based Branch International, or Branch.co, raised $9.2 million to bring digital financial services to mobile phone users in Sub-Saharan Africa. Andreessen Horowitz led the Series A round.
WhatsApp is huge in India. The Facebook-owned messaging service has probably passed 100 million monthly active users in the country -- it crossed 70 million in November of last year -- and is used by
Unitus Seed Fund, which invests in for-profit startups in India to help people at the bottom of the economic pyramid access basic necessities, has raised its second fund of $3.3 million. The new fund,