Matrix Partners India today announced that it has acquired a significant minority stake in WeAreHolidays, India’s leading online marketplace for booking customized holiday packages. Matrix Partners India along with the existing angel investors Blume Ventures and GSF Superangel Investors, co-invested in this round of equity funding for the Company. WeAreHolidays will use the funds to grow its business and deepen its technology and analytics expertise.

Indians travelling overseas for leisure alone is a $5 to $7 Billion market and is growing at 40% annually. 10% of this comprises complex customized holidays, a segment which is growing much faster than Read more

WeareHolidays raises investments from Matrix Partners India

Softbank, Japanese investing firm has invested $75M in online marketplace Snapdeal, This is the second recent fund raise made by the company.

Just three months ago, Snapdeal had closed a $75 Mn investment round from a series of investors including Ebay, Intel Capital, Russian venture fund Ru-Net, Saama Capital, Recruit Co, existing investors like Nexus Venture Partners, Bessemer Venture Partners and IndoUS Venture Partners and a few angel investors.

Overall, the company has raised a total of $202 Mn investment until now, which includes a $40 Mn round from Bessemer Venture Partners, Nexus Venture Partners and Indo-US Venture Partners in … Read more

SoftBank invests $75M in Snapdeal


Exploita, is a social marketplace for adventure, wildlife and offbeat tours where enthusiasts can enlist their trips for others to join. Here the USP is the people, knowledge, skill and passion for something like Snakes, Waterfall Rappelling, Trekking, Photography etc.

As this type of tourism is more people driven, the platform helps you connect with the right ones! How would a jungle safari be with a boring guide? What if you could do the same with a naturalist or a wildlife photographer. Exploita is trying to solve this puzzle.

Exploita is Pune based startup founded by Fazle-Imdad A. Shirpurwala, … Read more

Exploita- social marketplace and platform for adventurers

Bumex is an online marketplace catering to the construction sector in India. Its a platform for buyers and suppliers to carry out the sourcing activities (RFI, RFP, RFQ) of construction material like – cement, iron sheets, bricks etc.

BuMex provides a platform that facilitates the complex process of sourcing and selling building materials and construction industry services. The technology intelligently connects Buyers and Suppliers of while directing the collaboration, quoting, due diligence and analysis processes.

Buyers request quotes online that are matched to Suppliers that have the right expertise and capacity at an exact moment in time. Buyers benefit from … Read more

Bumex – Marketplace for sourcing and selling construction material

Shopping for facility management services was never so easy before, AppartmentAdda launches marketplace for vendors and associations called Buzaar.  You can use Buzzar to shop for facility management related services and products for your apartment community.

Pain points AppartmentAdda found out, majority of the Associations felt that enough information is not available on

1)      The existing and reliable vendors who provide service

2)      The Apartments, the vendors are serving/have served

3)      The experience of other association owners about the vendor’s quality of service

4)      Availability of Quotes in standard formats, and in a central space where all MC members can … Read more

ApartmentAdda launches marketplace – Buzaar