Startups News - Page 5

Indian startups: Is there a fund crunch? Experts decode who qualifies for funds now
Year 2015 was considered a hot year with regard to funding for startups, but the winds are cooler in 2016, so far.

After Morgan Stanley, now T Rowe Price devalues Flipkart stake by 15%
There is more trouble brewing on the start-up front. Layoffs have become the name of the game.

From pressure to perform to heavy top deck: Here's what is wrong at Flipkart
E-commerce sector is transitioning and when a business model transitions, it goes through a high rate of churn, say analysts

Want a singer to croon on your birthday? Get one vetted by singer Shaan’s start-up, Happydemic
The site has an exclusive tie-up with a radio channel and its artist can perform three days a week on the channel.

GetMyPeon rebranded as Russsh, launches an Android and iOS app
With the app, one can get a variety of pickup and drop services on grocery, bakery, food, electronics, sensitive documents, parcels among others.

BITS Pilani's 12th edition of Startup Challenge to begin in April 2016
Mentoring sessions will be held in Mumbai, Delhi, Kolkata, Hyderabad and Bangalore while the finale will be held in Delhi in the last week of August or first week of September.

From reminder to pop the pill to in-house doctors, mTatva seeks to personalise healthcare
The app is available in Hindi and English with the former being most popular in Delhi, Lucknow.

Housing.com gets funds from Vineet Singh, former biz head of 99Acres.com
Singh is a veteran in the real estate industry with a proven track record in the offline and online space to deliver high-growth results.

Zomato launches Zomato Base, cloud-based POS for restaurants
Zomato Base is Android-based POS system that offers restaurants a host of features including menu, recipe and inventory management, a built-in payment solution that accepts debit and credit card payments, CRM, and real time analytics.

Cube26 ties up with IIIT-Hyderabad to initiate research on cognitive intelligence
The main benefits of cognitive intelligence are the ability to access the best of both worlds- productivity and speed from machines, emotional intelligence and the ability to handle the unknown from humans.

Paytm to engage with merchants directly, not to offer wallet through aggregators
Paytm has sent termination notices to couple of payment aggregators in the last few weeks.

Map making is laborious, it took a decade to map India, says Rashmi Verma, co-founder, MapmyIndia
The challenge was that there were no digital maps in the public domain like it is in developing countries, says MapmyIndia, co-founder, Rashmi Verma.

11 technology start-ups make the cut at GenNext Hub, a Reliance Industries-Microsoft venture
The GenNext Hub is an initiative of Reliance Industries Limited (RIL) powered by Microsoft Ventures to catalyze the startup ecosystem for a digital India.

See huge market potential for handicraft in small cities, says X5 Retail CEO Pradeep Shekhawat
Around eight out of 10 Indians do not know of a credible place to shop for authentic ethnic goods.

#BudgetImpact: Finance minister Jaitley's plan will create jobs at bottom of pyramid, say experts
A large number of youth in the country are unable to get jobs due to lack of job-ready skills.

Snapdeal partners with dPronto to expand its customer base for same day delivery
Through this tie-up with dPronto and the group company, Snapdeal will help in ensuring a large number of underprivileged youth in India get dignified jobs.

There is more to life than numbers, says Rahul Anand, founder & CEO, Hopscotch
Hopscotch’s business model focuses on a supply model where it sources products from vendors in 40 countries.

Jaypore, Delhi-based online platform, raises $5 mn from Aavishkaar; to focus on product expansion
Jaypore aims to be the leader in that segment with quality products and processes that enable consumers to have access to traditional Indian crafts with a contemporary rendering.

CouponDunia.in unfazed by competition, focus now on mobile traffic, says founder and CEO, Sameer Parwani
Competition is rife in the sector with at least eight to nine sites chosen by consumers for its popularity and deals offered.

Baby Chakra's Naiyya Saggi and her journey from Law School to entrepreneurship
Life, for Saggi, revolves around business plans for Baby Chakra and reading about the latest trends in technology.

Ratan Tata invests in retail tech start-up SnapBizz, his 8th investment in 2016
This is Tata's eighth investment this year after investing in seven companies -- DogSpot.in, Tracxn, CashKaro, FirstCry, Teabox , Moglix, Invictus Technology.

Recruitment website Aasanjobs raises $5 million for expansion & marketplace automation
Founded in November 2015, the start-up is an end-to-end recruitment service in the recruitment industry

Truly Madly in love with his job: CEO Sachin Bhatia on perks of founding dating site
Women, the co-founders spoke with, spelt out their concerns regarding trust about a dating site which led them to adopt Big Data and algorithms to check that the person on the site is single and active on social networks.

Ratan Tata invests in Invictus Oncology, 7th investment in 2016
Tata has invested in the company as part of the first close of Invictus’s Series A financing round, joining existing investors Navam Capital and Aarin Capital.

Mumbai tops late night orders for food, Delhi comes close second
On an average, Indians are willing to spend an average of Rs. 600 on a late-night delivery order.

How to start up: Check out Harsh Mariwala's mantras on entrepreneurship
Mariwala shared his mantras on entrepreneurship and what would-be entrepreneurs should be careful about.

Ratan Tata, architect of Tetley acquisition, invests in specialty tea firm Teabox
Tea companies in India have continued to rely on a legacy supply chain that has existed since the estates were first set up by British and Scottish planters over 200 years ago.

IIT Bombay's Entrepreneurship Cell to hold annual summit on 30, 31 January
Top innovators of India will showcase their success stories, strategies and products at the Innovation Conclave in 15-minute long interactions.

