Startup Saturday: Ola-Vogo Partnership & Binny Bansal's Mega Investment Plan
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Quikr is strengthening its real estate business. The online classifieds marketplace has acquired India Property Online Pvt Ltd to dig their heels in Chennai.
Ola plans to expand beyond cabs. In a bid to become a one-stop platform for urban transportation, the ride-hailing platform is investing $100 million in scooter-sharing startup Vogo.
Binny Bansal makes his largest angel investment. The Flipkart co-founder is reportedly making a $25 million investment in an insurance startup called Acko.
Here's a funfact for the day-A startup worth at least a billion dollars is called a “unicorn.” As of August 2018, there are more than 300 unicorns in the world. (Source: CB Insights)
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