Startups News - Page 16
Urban Ladder COO Srivatsa sees online furniture market growing 5-fold in 2 years
One category which has shown immense growth and is becoming popular in terms of sales is sofas. Though it is a high ticket item and people believe touch-and-feel is crucial, our sofas are doing well probably because of the innovative solutions we offer to our customers.
Not a laughing matter: Online comedies seek to raise funds from big investors
Not just TVF One, but there are a slew of online companies in the entertainment space that are looking at raising capital. Investors are attracted to the medium because of the `virality of content, user base and engagement they offer,' said Anirudh Suri, MD, India Internet Group Advisors.
How deal sites like Groupon, MyDala have adapted to thrive in India
While deal sites like Dealsmagic.com, MasthiDeals.com and Taggle.com shut shop some have managed to survive with some innovative strategies.
A question for entrepreneurs: When does a start-up become a grown-up company?
Mature is as mature does. As long as the entrepreneur is engaged in knee-jerk reactions to situations instead of redundancy planning, as long as he creates contingencies instead of planning for them, as long as he 'copes' rather than strategizes, he is a kid stuck in a time warp.
Apart from e-commerce, this sector got the most private equity funding in Q2 of 2014
Private equity (PE) firms invested $1,944 million across 88 deals during the quarter ended June 2014, down from the last quarter.
Billion dollar baby: Flipkart raises Rs 6,000 cr for war chest as it expands
The firm is reportedly set to make the announcement about its fund raising in the next couple of weeks.<br />
Crowdfunding site Ketto raises Rs 50 lakh to send Jharkhand girls team for USA Cup
Ketto, a crowdfunding platform for social causes, closed its biggest crowdfunding campaign last month raising little over Rs 50 lakh that will be used to sponsor 15 underprivileged girls for The USA Cup.

Zomato enters Chilean market; earmarks $2 mn for expansion
It will also offer an exciting prospect for business owners to reach out to and engage with a highly targeted audience

'Jugaad' in innovation puts India to shame. Here's why
The idea of "affordable excellence" is what India needs to support, said an Indian scientist Dr Raghunath Mashelkar.

To The New launches 2-year programme to train entrepreneurs across Asia
The company will identify, train and mentor professionals in the digital industry and provide them with a platform to kickstart and head new divisions, geographies, products and services or business units under its umbrella. <br />
SAIF Partners invests Rs 10 cr in online marketplace TravelTriangle
TravelTriangle, a registered product of Holiday Triangle Travel, is a marketplace for travel agents who can provide customised tours packages to travellers at the best prices.<br />

Amazon's entry takes Indian e-commerce market on path to consolidation
In May this year, marking the biggest consolidation in the e-commerce space in India, homegrown e-retailer Flipkart acquired online fashion retailer Myntra in an estimated Rs 2,000 crore deal.
Online furniture seller Urban Ladder raises Rs 120 cr in second round of funding
Urban Ladder was launched in July 2012 by IIT and IIM graduates Ashish Goel and Rajeev Srivatsa and provides furniture solutions in seven Indian cities.
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.

Olacabs raises Rs 250 crore in funding to expand operations
The company will use the funds from this investment to expand their operations to newer markets as well as invest a sizable sum into the supply ecosystem
Brahma's new creation: 3D plastic printouts
3D printing has been around since the 1970s or so, though it was rediscovered and repurposed from a consumer angle around 2008-9 when the likes of Makerbot came to the fore. Though this technique might be familiar in many parts of the world, it's still finding its feet in India.
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.
India's Amazon of education? Careers360 readies online marketplace
Education magazine Careers360 recently raised funds from five angel investors to expand its counselling services and educational products and launch an education marketplace.<br />
Zomato's CEO explains the rationale behind its acquisition of New Zealand's MenuMania
India's largest restaurant search and discovery service, Zomato, has made its first acquisition abroad by snapping up New Zealand's leading restaurant listing and review portal MenuMania in a bid to step up its global expansion.<br />
Nasscom launches national database of start-ups
As a one-stop platform for all stakeholders, the registry will be a national database of start-ups and identify the areas of their operations, providing an opportunity to be engaged with investors, large enterprises, media and state-run organisations.<br />

IITians open tea cafe chain in NCR after quitting US jobs; look to raise venture capital
Quitting high flying jobs in the US, two IITians have joined hands to start a tea cafe chain 'Chaayos' in the NCR region and are looking to raise venture capital to open nearly 50 odd stores across the country.
Flipkart jumps into tablet war with Android powered Digiflip Pro at Rs 9,999
The seven-inch tablet branded Digiflip Pro is expected to help the domestic online marketplace increase revenue and expand its presence in the multi-billion dollar electronics business.<br />
This venture capitalist does not believe Amazon is the model India needs. Here's why
If we like the idea, we can align with them and we plan to invest anywhere between $3-$5 million. Then, we would accept responsibility to work with the entrepreneur to build the company. We would also get operationally engaged in the business.
Here's why Function Space is the science geek's answer to Facebook
The venture, started in 2010, was conceived as a Facebook for science - a way to make knowledge sharing accessible and approachable. Now known as Function Space, it uses the social learning model to make science easy and understandable for all skill levels - be it novices or experts.<br />
Flipkart-Myntra readies fashion incubator in hope of finding new local brands
According to the article, the first batch of 20 entrepreneurs will begin in July and eventually the e-commerce site hopes to pick 3-5 brands annually that it can retail online and perhaps even pick up some equity in.<br />
A step forward, 2 backwards: How Sebi could kill crowdfunding before it takes off
Though a step ahead, Sebi's pilot norms are over-cautious and rigid
Flipkart set to fire up it's own DigiFlip tablet on 26 June
While the specification details of FlipKart's device still remain under the wraps, the company is hosting a blogger event on 26 June and has sent out a cryptic invite in form of a jar of tablets.

Cisco sets aside $40 mn to fund big data, IoT startups in India
The US-based firm's $2 billion venture capital arm, Cisco Investments, today said it will invest $40 million over the next 12-18 months to fund early-stage firms in India with a focus on products and technologies relevant to emerging markets.<br />
How the Deshpande Foundation is hoping to change social entrepreneurship in India
Naveen Jha, CEO, Deshpande Foundation talks to Firstbiz about social entrepreneurship in its present day form. <br />