Startups News - Page 17

Zomato to invest $1 mn to expand presence in Scotland

With a very diverse cuisine-driven restaurant industry, Scotland has gained significant prominence over the last decade and has a lot to offer to the culinary sector, he said adding that Edinburgh and Glasgow are the obvious choices to expand into.

How Cougar Motorsports is making India's tough terrains accessible to enthusiasts

Apart from taking driving enthusiasts for expeditions, it also takes care of all the paper work of the participants.

Kerala to host Young Entrepreneurs Summit, earmarks 1% of state budget for startups

About 2000 entrepreneurs are expected to participate in the summit being organised by Kerala State Industrial Development Corporation (KSIDC) in association with Technopark-Technology Business Incubation Centre (T-TBI), Technopark, Infopark, KINFRA, Start Up Village, TiE Kerala and CII.

Paree at Rs 12: Will this sanitary napkin from Soothe revolutionise women's hygiene?

"Ultra-thin napkins are made with super absorbent polymer or 'magic gel', that makes them more absorbent, thinner and sexier," explains Dharia confirming he's not in this business despite Paree being five percent costlier to produce. "We have 150 million women in our current target audience to cater to and they don't need a sexy product - they need to get used to using a napkin first."

Angel investor Sawhney's Global Accelerator Program zeroes in on 11 startups

The 13-week global accelerator program will connect entrepreneurs to peers, mentors, advisors and investors in India, Singapore, San Francisco, New York, Boston and Toronto through a slew of partners. Some partners include Impact Hub in SFO, New York and Singapore, Communitech, University of Waterloo in Canada, Intuit in Bengaluru, Investopad in Gurgaon, and Mass Challenge in Boston.

Sebi floats crowdfunding rules; allows cos to raise up to Rs 10 cr

Under the proposed norms, crowdfunding platforms can be provided by only Sebi-registered entities, while companies can raise up to Rs 10 crore in a year through this route.

Online delivery site foodpanda.in aiming for 10-15% market share by 2017

Currently, the on line food ordering platform operates in a market place model and has a presence in 30 cities (in India).

Careers360 aims to be 'Amazon of education', raises funds from 5 investors

Private equity investor Ranjan Pai of the Manipal Group, Career Launcher's Satya Narayanan, venture capitalist Mahesh Murthy of Pinstorm, and two financial investors have come together to fund the creation of 'India's largest education marketplace.' The investors will also mentor the company as it grows.

Flipkart plays by Amazon rules: May launch own brand of tablets

Following the footsteps of Amazon yet again, Flipkart is planning to launch tablets under its range of private label electronics, DigiFlip

Crowdsourcing goes places: Fund this co and pre-order your personal lingerie collection

"There are 150 sizes available in the world, in India we get 30," says Ganesh. She's launching with 58 sizes of brassieres from 28A-44G across a basic and season range. The former will have six styles in four colors each and the latter, a fancier one, has three styles in three colors each, both priced between Rs. 900 - Rs. 1000.

Watch out IT biggies: New tech, funds help start-ups serve untapped markets

These nimble start-ups, most of them based in Bangalore, offer niche cutting-edge technology products, solutions and services that traditional outsourcing companies don't offer, or can't offer at competitive rates.

82% of startup pay packages are above market median, finds study

While junior level people get paid Rs 5.50 lakh per annum, those at the mid-level and senior-level get paid Rs 15 lakh and Rs 35 lakh a year, respectively, which is at par or above the more traditional and mature organisations.

Can't get money for your venture? Here is how crowdfunding could work for you

Given the current tremendous response, we believe it is most certain that more people will be interested in crowdfunding.

As e-retail hots up, here is how logistics firms are getting ready to take up the challenge

Almost all the online players, be it in retail, electronics or food, are aiming to improve their delivery system and offerings with an eye on raking in the consumers and the money that follows.

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

FashionAndYou raises $10 mn; eyes more funding next year

Its current round of funding saw participation from existing investors -- Sequoia Capital, Smile Group, Norwest Venture Partners, Intel Capital and Nokia Growth Partners.

Fresh hires vs old hands: Why companies let the latter leave

It was not such much that the new hires had stopped performing but the old hands were preventing the new hires from performing.

Facebook COO Sheryl Sandberg's first India visit to focus on SMEs, developers

The company has been aggressively hunting for new avenues to increase advertising revenue and the SME sector in India, which has over 25 million firms, could play a crucial role.

Indian Silicon Valley: Nasscom moots for national tech entrepreneurship mission

According to the industry body, which represents the over $118 billion Indian IT-BPO industry, the country has showed promising prospects for developing technologies and solutions and many large multinationals are reporting that 70 percent of their emerging markets solutions are coming from India.

Kathi rolls to condoms, Fly By Knight aims to satisfy Mumbai's nocturnal cravings

A nocturnal delivery service in Mumbai that can get you everything from condoms to Chinese manchurian to chips between 9 pm and 5 am.

IT honchos Balakrishnan, Mohandas Pai raise Rs 100 cr to fund tech start-ups

Boost for Amazon, eBay? India likely to announce FDI in e-commerce next month

A more robust online retail sector will spur manufacturing and help an economic revival, said the people, who are privy to discussions within the new government. An announcement is expected in next month's budget.

Baby step towards creating more jobs: Modi govt sets up a ministry for entrepreneurship

In nations like Israel, US and Hong Kong, strong government backing has created an ecosystem for entrepreneurship to thrive, thereby making entrepreneurs accountable for the largest amount of job creation.

Flipkart's funding reveals appetite for India's retail sector, consumption story

Bansal said the primary reasons for raising investments was to have a buffer of funds in the bank to meet demands of a capital-intensive industry like e-commerce.

10,000 Startups boosts entrepreneurship in India. Director Rajat Tandon explains how

Last week, Firstbiz reported on the progress made by NASSCOM's pioneering 10,000 Startups program and its plans for sparking the entrepreneurial flame in Tier-II and Tier-III cities. Following that the program's senior director Rajat Tandon spoke to us about the lessons NASSCOM has learnt from its first year of the program and how it intends on working with the new government to encourage India's nascent but promising entrepreneurial scene.

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