News traffic remains heavy on Startup Street, here is all the news and buzz from the new economy -:
- Pharmeasy Funding: India’s largest online pharmacy is reportedly in talks with SoftBank for $200 mn funding that could fetch a healthy valuation of $5.6 billion.
- Mobikwik IPO: On the heels of the Paytm IPO this digital payment platform is also looking to raise $250-$300 million via an IPO and insiders indicate the DRHP could be filed this week.
- Powerplay: This Construction management app has raised $5.2 million in funding led by Accel Partners and Sequoia Capital
- DoSelect: Bengaluru based recruiting platform has been acquired in an all cash deal by Info Edge, the parent company for Naukari.com.