Startups News - Page 10

Budget 2015: NASSCOM seeks clarity in several long pending issues

The IT industry body has asked the government to address regulatory and tax challenges for technology startups and SMEs, like difficulties in access to funding for low asset based firms...

It's official: Snapdeal acquires designer wear portal Exclusively.com

Snapdeal said it hoped to reach a Gross Merchandise Value of $2 billion in the fashion category this year aided by the acquisition.

Snapdeal may be looking to buy designer apparel seller Exclusively.in to take on rivals

Looking to strengthen its fashion business in order to take on rivals Myntra and Jabong, Snapdeal may acquire Exxlusively,in, a website that sells only designer brands.

Zomato to get 'food-delivery' feature by mid-March: Here's how it will work

Zomato, which recently announced a cashless facility for users in Dubai at select restaurants, is planning to launch a new service which will let customers in India order directly from the app/site.

We will continue to work as long as there is money on the table: TaxiForSure CEO

Cab aggregators are all eyeing expansion into newer cities even as clientele in Mumbai, Delhi and Bengaluru is expanding simultaneously. But there has been continuous buzz about at least one cab aggregator, TaxiForSure, being an acquisition target.

Snapdeal upgrades app for sellers as 30% of its trader base are now on mobile

The seller zone app, which is the country's first ever mobile managed online marketplace application for sellers, allows sellers to list products through Snapdeal.com.

FreeCharge, the online bill payment service, gets $80 mn in fresh funding

The company, founded in 2010, enables users to recharge pre-paid and post-paid mobile phones online and get rewarded with discount shopping coupons for using its site.

Zomato's buying spree continues: Co acquires Turkey's Mekanist in all-cash deal

Just two weeks after Delhi-based online restaurant search service Zomato entered the US with a big bang, the company today marked its seventh acquisition in the last six months by buying out Turkey's prominent restaurant discovery portal Mekanist in an all-cash deal.

Betting on more investments: Arvind Mayaram says target of 4.1% fiscal deficit feasible

India's top finance ministry official said that plans announced in this week's budget to stick to a fiscal deficit target of 4.1 per cent of GDP are "very credible", despite criticism from ratings agencies that the number is optimistic.

It's official: Twitter makes its first ever acquisition in India with ZipDial deal

Bangalore-based mobile marketing and analytics company ZipDial came into prominence with its implementation of missed calls for user verification, alerts and other use cases.

Facebook co-founder Saverin, Velos invest $11 mn in e-commerce startup Hopscotch

The company will use the funds primarily to build operational capacity and technology, to support growth initiatives and expand its products and service offerings, the company said in a statement.

Startup Deal4loans seeking $8-10 million in venture funding

The company's portal provides online comparison for retail loans. It not a broker but provides online comparison and passes the customer request to the bank which he opts for.

Flipkart gets naughty with new sexual health category

Flipkart has launched a new category which will sell sex toys---pleasure devices, sexual combos and kits, edible lingerie and lubricants and condoms among others.

After Urbanspoon acquisition in US, Zomato to raise $100 mn in 30 days

The startup is likely to be valued at about $1 billion after completing the fresh round of investment, Zomato founder Deepinder Goyal said.

CommonFloor acqui-hires Bakfy, won't invest in college gossip app

Bakfy chose to be acquired by CommonFloor because of the opportunity in the real estate space

India will be home to 11,500 tech startups by 2020: NASSCOM

Bangalore and National Capital Region (NCR) tops the chart for being home to maximum number of technology startups.

Flipkart to Zomato: E-tail Davids take victory baton in this year's fund-raising party

E-commerce, its off-shoots and other tech-based product start-ups were the centre of attention for investors this year

Online furniture store Pepperfry plans to raise up to $60 mn, set up offline stores

Pepperfry has been a spectacular success story, if one goes by its promoters' claims.

Will Murdoch's News Corp re-enter Indian internet space with financial education website?

Murdoch's News Corp, that has largely stayed out of the growing Indian internet industry, may just be hunting for a new investment target.

Coal scam: Why did CBI hurry to file closure report against Birla, asks court

A special court on Friday asked the CBI as to what was the "hurry" in filing a closure report in the coal blocks allocation case in which it had earlier lodged an FIR against top industrialist Kumar Mangalam Birla and others.

Coal scam: SC refuses to hear pleas of companies

The bench has already reserved its order on the fate of 218 coal blocks allocations which were declared by it as illegal and arbitrary.<br />

Fashion turns red hot in Indian e-commerce as Jabong becomes a Rs 21,000 cr global giant

Fashion etailer Jabong just turned into a global giant with its investors German venture capital group Rocket Internet and with Swedish investor Kinnevik announcing a merger of five emerging market fashion start-ups.

SimplEye: Now smartphones are accessible to visually challenged too

Kriyate Design Solutions, a Delhi-based startup founded in 2012, has developed an app, SimplEye, to help bridge this gap between smartphones and the visually impaired, using sound, vibration and tactile accessories.<br />

Co-op sector too catches e-com fever: GoCoop gears up to turn online marketplace

The new marketplace will support both B2B and B2C channels, the latter being a first for the co-operative segment.

SME funding: Sebi, Sidbi join hands to create awareness about capital markets

The primary objective of the programme is to interact with SMEs

Why the onus of fine balancing solely rests on CFO in a startup

Here's a look at some of the challenges that the CFOs are likely to face in their roles in a start up.

NextDrop: A startup that informs you what time water will be supplied in your area

The 25,000 registered users of Next Drop across three cities, Hubli, Dharwar and Bangalore, get an SMS alert an hour before the water is likely to come in their areas. Users can also ask for specific information related to water supply and the company will reply to that as well.

As you like it: Here's a tour company that takes you off the beaten path

To book a holiday with Broken Compass, interested parties have to first fill a questionnaire stating their interests and budget following which the firm suggests a few sites. If clients on a tour want to do different things on the same day, then the startup ties-up with different local tour operators so that requirements of all members are met.

Amazon-ian worries: Why Flipkart is not at all happy about FDI in e-commerce

India's biggest online retailer, Flipkart, is opposing FDI in e-commerce as they believe it will only benefit 'one company