NDMC Clears Proposal To Set Up Atal Incubation Centre For Startups
New Delhi Municipal Council (NDMC) has cleared a proposal to set up business incubation centres for startups. Twenty new startups will get assistance from NDMC, who will be provided with the basic...
View ArticleSwiss Re Selects 6 Startups For Its 1st Batch Of InsurTech Accelerator...
Swiss Re, a reinsurance company based in Zurich has selected six startups for its first batch of InsurTech accelerator programme. Swiss Re Group is a wholesale provider of reinsurance, insurance and...
View ArticleHome Rental Service Startup Fella Homes Raises $2 Mn; Acquires LifePad Homes
Gurgaon-based fully furnished home rental service startup Fella Homes raised a seed funding of $2 Mn from unnamed investors. Fella Homes was founded in 2015 by five friends, of which four were...
View Article400+ Startups, 100+ Shutdowns – Indian Hyperlocal Market Decoded [Report]
One of the hottest categories that emerged in the startup domain in last one year is Hyperlocal. The copious rise of Internet users, surge of payment options, increase in geo-location aware devices and...
View ArticleHyderabad Based Spark10 Accelerator Announces Completion Of First Cohort
Spark10, India’s first European startup accelerator aimed at helping early-stage startups to turn their minimum viable product (MVP) into scalable investable business, has announced the graduation of...
View ArticleMobile Learning Management Platform Byndr Raises $700K In Seed Funding
Hyderabad-based Mobile learning management platform Byndr has raised $700K in seed funding from the Education Design Studio (premier Ed-tech accelerator at the University of Pennsylvania), Ben Franklin...
View ArticleHealthtech Startup Modasta Raises $1.5 Mn From HNIs
Bangalore-based health content portal and queries platform, Modasta, has reportedly raised $1.5 Mn (about INR 10 Cr) from Mauritius-based high net worth individuals (HNIs). Modasta was founded in 2015...
View ArticleSEBI To Allow Investors Buy Mutual Funds Through E-Wallets
In order to make financial products more accessible to consumers, Securities and Exchange Board of India (SEBI) is planning to utilise digital wallets for the purchase of mutual funds. SEBI is further...
View ArticleFruits & Vegetable Supply Chain Startup Lemon Leaf Raises Funding From Angel...
Delhi-based fresh fruit and vegetable supply chain startup Lemon Leaf has raised $133K (INR 90 lakhs) in first external round of funding. The investment was secured from angel investors, Saurabh Sahni...
View ArticleHealthtech Startup Tiyo Raises $120K In Seed Funding
Kolkata-based healthtech startup, Tiyo, run by Labsense Technology Services, has raised $120K in angel funding from veteran entrepreneurs from Middle East including Anish K & Ajith Nair, CEO...
View ArticleVenture Catalysts Invests $150K Seed Investment In Business Communication...
Mumbai-based seed investment and innovation platform, Venture Catalysts (VCats), has invested $150K in AppSay, a business communications platform. The investment was led by VCats angels Shreyans Shah...
View ArticleGoCoop Raises Series A Funding From Kris Gopalakrishnan, Saha Fund & Others
Bangalore-based GoCoop Solutions and Services, an ecommerce enabler for rural producers and co-operatives, has raised an undisclosed amount in Series A funding. The investment was secured from Infosys...
View ArticleMovers & Shakers Of The week [25 July – 30 July]
Stripe Makes 1st India Hire Payments startup Stripe, valued at $5 Bn, has hired its first India employee as it looks to kick-start operations in Mumbai. Anand Balaji, an ex-Amazon executive, has come...
View ArticleNews Roundup: 12 Startup Stories You Don’t Want To Miss This Week [25 July –...
In a bid to have a leaner organisation structure, and make better utilisation of its cash resources, Flipkart will let go number of its employees based on performance. The company has given 700-1000...
View ArticleFunding Galore: Startup Fundings Of The week [25 July – 30 July]
After being in news for acquisition offers from biggies, Jabong got finally acquired by homegrown ecommerce biggie from its Myntra unit. The acquisition was revealed through a tweet from Flipkart...
View Article11 Shutdowns In 2 Months: Downfall Of Indian Startup Continues
2016 has been tough on startups both in terms of funding and obviously challenges of running a business. If we look at the publicly available data for the first five months, more than 18 startups had...
View ArticleIndia Now Has Its Own Version Of Shark Tank: Startups, Here Is Your Chance To...
Hair pulling, name calling, and general cattiness, have made reality shows a nail-biting affair, especially in India. Now imagine adding the drama and thrill of startups to it! In a bid to offer...
View ArticleOnline Lingerie Brand Buttercups Raises Funding From Snapdeal’s Ex-CPO Anand...
Bengaluru-based online lingerie brand, Buttercups has raised an undisclosed amount in a fresh round of funding led by Snapdeal’s ex-CPO, Anand Chandrasekaran and existing investors Kanwaljit Singh and...
View ArticleOYO Raises $62 Mn Funding From Softbank; Existing Investors Give It A Miss!
Gurugram-based budget hotel aggregator OYO has raised over $62 Mn (INR413 Cr) in a new round of funding led by existing investor – Japan’s SoftBank Group Corp. As per the documents filed by Oravel...
View ArticleExclusive: Scale Ventures Takes Over The Portfolio Of Delhi Based Guerrilla...
Delhi-based Scale Ventures has acquired the portfolio of Delhi-based Guerrilla Ventures. Guerrilla Ventures was founded by Ritesh Malik. Malik is also the founder of YCombinator-backed coworking space,...
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