Startup News - 03/07

1. Paytm is reportedly looking to acquire the Noida-based last minute hotel booking app, NightStay for around $20M.

2. Automation Anywhere®, the leader in Robotic Process Automation (RPA), has raised Series A financing round of $250 million led by New Enterprise Associates (NEA) and Goldman Sachs Growth Equity.

3. Mobile gaming startup Nazara Games has picked up a minority stake in gaming development studio CrimzonCode.

4. Manappuram Finance Limited has agreed to acquire an 85.39% stake in Indian School Finance Company - ISFC for Rs 212.20 crore.

5. Flipkart expects to triple gross merchandise value to $17.6 billion in 2020-21.

6. IndiaMART, a marketplace focused on small and medium enterprises, filed the draft papers for its public market debut with the regulator on Monday. The Noida-headquartered company will offer up to 4.28 million shares through its offer for sale.

7. Indonesia's ride hailing service GO-JEK has appointed Ranjan Sakalley as the chief technology officer of its payments arm GO-PAY.

8. Online lending marketplace IndiaLends, is in the process of raising Rs 63.9 crore (around $9.3 million at current exchange rates) in fresh capital, reported VCCircle.

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