🇮🇳 Roundup: SoftBank to buy up to 30% stake in Unicommerce, and more (Updated)

Startups including Ola, Mohalla Tech, Atomberg, Nexprt, and Hosh have collectively raised at least US$791 million today in disclosed funding from international and local investors.

Here’s a snapshot of fundraising:

Here’s some important tech news in India today:

SoftBank to buy up to 30% stake in Unicommerce

Sources told Entrackr that terms of the deal were already agreed upon, with the deal expected to be officially announced soon. Financial details of the deal were not disclosed.

The ecommerce enabler was founded in 2012 and was acquired about three years later by Snapdeal for an undisclosed amount.

Unicommerce said it currently leads India’s supply chain software-as-a-service industry with a 20% share in the country’s ecommerce volume.

Zoomcar launches vehicle host program

The company’s vehicle host program will allow individual vehicle owners to share their personal car onto the Zoomcar platform.

Currently. Zoomcar has 5,000 cars on its platform across 8 cities, and expects to grow the platform to over 50,000 cars and 100 cities within the next 12 months.

It aims to reduce on-road congestion and urban air pollution through the new vehicle host program, and will also offer individual vehicle owners a joining bonus of 10,000 rupees (US$131.40), along with additional incentives tied to high quality host ratings on the platform.

Gupshup launches WhatsApp-based commerce solution

Messaging platform Gupshup has launched a WhatsApp-based commerce solution that can enable any business to create a digital storefront on WhatsApp.

The WhatsApp-based commerce solution will provide businesses with a conversational service across every stage of the buying process: pre-purchase, purchase, and post-purchase.