Archives
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ALL DEALS 
March 3, 2016 Start-ups have limitations in traditional business, says Capgemini India CEO
Photo: AFP New Delhi: Srinivas Kandula, chief executive officer of Capgemini India, and Patrick Nicolet, member of the Capgemini group management board, spoke about the integration of iGate’s business with Capgemini, future areas of focus for the India unit and the challenge from start-ups, on the sidelines of the Nasscom Leadership Forum in Mumbai. Edited […]
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ALL DEALS 
March 3, 2016 Ather Energy to set up new manufacturing unit in Bengaluru
A file photo of founder Tarun Mehta. Photo: Mint Bengaluru: Ather Energy Pvt. Ltd, an electric two-wheeler maker and technology start-up, will invest Rs.23 crore to set up a manufacturing unit in Whitefield, Bengaluru, to produce its first electric scooter. Founded by Tarun Mehta and Swapnil Jain at the IIT Madras research park, Ather’s new […]
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ALL DEALS 
March 3, 2016 For whom is the Nasscom’s India Leadership Forum 2016?
The fee for attending the event starts from Rs31,000 and goes up to Rs41,000 for its members. For non-members, it ranges from Rs31,000 to Rs49,000. Photo: Aniruddha Chowdhury/Mint It is the age of start-ups. If you are living in a metro city, more often than not, you will have some one in your circle doing […]
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ALL DEALS 
March 2, 2016 Russian billionaire Fridman’s LetterOne invests $200 million in Uber
Uber was valued at more than $60 billion, people familiar with the matter said in December, making it the world’s most valuable startup. Photo: Reuters Moscow: Russian billionaire Mikhail Fridman’s investment vehicle LetterOne invested $200 million in Uber Technologies Inc., betting in ride-hailing technology after selling billions of dollars worth of oil assets. “We aim […]
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NEWS 
March 2, 2016 Snapdeal raises $200 million from Canadian pension fund, Iron Pillar
In August, Snapdeal raised $500 million mainly from Chinese e-commerce firm Alibaba Group, Foxconn Technology Group and existing investor Softbank Group, which valued the Delhi-based firm at about $4.8 billion post money India’s second largest e-commerce firm Snapdeal on Sunday said it has raised $200 million in fresh funds from investors led by Canada’s Ontario […]
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ALL DEALS 
March 2, 2016 Hardware start-ups warm up to Make in India
Photo: Ramesh Pathania/Mint When Prime Minister Narendra Modi exhorted entrepreneurs to make in India in his 2014 Independence Day speech, it was touted as a watershed moment for the manufacturing sector, which accounted for 17.3% of the country’s gross domestic product in 2013-14. The corresponding number for China stood at 36%, according to the World […]
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ALL DEALS 
March 2, 2016 Ratan Tata invests in retail tech start-up Snapbizz
SnapBizz had earlier raised $7.2 million in an investment round led by venture capital firms Jungle Ventures, Taurus Value Creation, Konly Venture and Blume Ventures in January. Photo: Pradeep Gaur/Mint Bengaluru: SnapBizz Cloudtech Pvt. Ltd, which devises technology for grocery stores, said it raised an undisclosed amount of funding from Ratan Tata, chairman emeritus of […]
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ALL DEALS 
March 2, 2016 Ticket Jugaad helps you find alternative train routes with a confirmed seat
The app developers have tied up with Cleartrip for booking tickets. New Delhi: If the train ticket you are looking for is in the waiting list, don’t worry. Another route on the same train may offer you a confirmed ticket for the same destination and Ticket Jugaad, a new free mobile application, will help you […]
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ALL DEALS 
March 2, 2016 Aasaanjobs raises $5 million from Aspada Advisors, others
Aasaanjobs last raised $1.5 million in a round led by IDG Ventures and Inventus Capital in January 2015. Mumbai-based Aasaanjobs Pvt. Ltd, which owns and operates recruitment website Aasaanjobs, on Monday said it had raised $5 million in a Series A funding round led by Aspada Advisors, with participation from existing investors. Aasaanjobs last raised […]
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NEWS 
March 2, 2016 Govt plans start-up center for capital goods sector
Photo: Mint Mumbai: The Indian government has decided to create a ‘start-up centre’ for the capital goods industry and will also launch a technology development fund for the sector. The ministry of heavy industries and public enterprises, on Monday, while announcing national capital goods policy 2016, said it will create a start up centre for […]
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NEWS 
March 2, 2016 Middle East-based Wadi.com raises $67 million
Wadi, which currently caters to shoppers in the United Arab Emirates (UAE) and Saudi Arabia, claims to have more than 500 merchants—about 50 of them from India—selling more than 150,000 products from over 2,000 brands. Wadi.com, a Middle East-based online retail platform co-founded by former Jabong executive Pratik Gupta, said it has raised $67 million […]
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ALL DEALS 
March 2, 2016 The battle of Indian Internet unicorns
Photo: iStock “I believe that whatever doesn’t kill you, simply makes you…stranger,” so says the Joker in Christopher Nolan’s The Dark Knight. What he really means is not all change makes you stronger or better. Some changes leave a scar, or break us from the inside. When looked at from the perspective of Internet companies, […]
