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Unmanned aerial vehicles are set to change the face of logistics in India, says Locus.sh CEO Nishith Rastogi

Low-volume remote locations represent a costly part of standard networks, and with drones, there is a considerable cost to be saved, according to Rastogi 

HackerEarth raises US$4.5M to help employers conduct online tests for developers

HackerEarth will use the newly-raised capital to strengthen the product team and expand the business internationally 

Indonesian P2P lending platform Amartha raises Series A, aims to disburse US$30M by end of year

Led by Mandiri Capital Indonesia, Amartha's latest round also sees participation by Lynx Asia Partners, Beenext, and Midplaza Holding 

Beenext backs Servify to help keep track of your electronic devices

The startup helps consumers store their bills and warranty on cloud, in addition to connecting with brand authorised service ecosystem when consumers need a reliable repair 

Zefo raises US$6M to source you refurbished furniture and home appliances

It currently offers TVs, refrigerators, washing machines and microwaves under the appliances category, and beds, sofas, dining tables, etc. in the furniture category 

In Pics: Diwali celebrations at online realty startup NoBroker

The realty portal was in the news last year after its Bangalore office came under attack from dozens of people -- allegedly real estate brokers its model has edged out 

Philippines' Coins.ph raises $5M Series A

With a fast growing mobile market and largely underbanked population, Coins.ph uses the blockchain to deliver financial services via mobile and web 

Bharat Bazaar gets funding from Beenext to digitize Indian agriculture

Supply channel bottlenecks and lack of a proper marketing channel are serious problems for a farmer, and Bharat Bazaar aims to address this 

Beenos, Beenext​ participate in Voonik’s US$20M Series B funding

The company has also acquired Styl, a Bangalore-based startup that lets users make appointments with salons and spas through its mobile app 

Beenext invests in India’s Droom to help it burn up the road

Droom is an online marketplace to buy and sell automobiles and automobile services