Archives
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ALL DEALS 
March 2, 2016 Tracxn unveils platform to help angels exit start-ups
Abhishek Goyal, co-founder, Tracxn. Photo: Hemant Mishra. Bengaluru: Start-up data analytics provider Tracxn Technologies Pvt. Ltd has launched an Internet platform aimed at helping early investors in mature start-ups sell their shares by connecting them to venture capital (VC) firms and other institutional investors. If the platform, called TracxnSecondary, gains scale, it will increase liquidity […]
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NEWS 
March 2, 2016 Hyper-local discovery app Magicpin raises $3 million
Magicpin offers features where users can take pictures and selfies to avail of offers and discounts at neighbourhood stores. Investor-turned-entrepreneurs Brij Bhushan and Anshoo Sharma have raised $3 million in Series A round of funding from Lightspeed Venture Partners for Magicpin, a hyper-local discovery app. Magicpin was founded in August by Bhushan and Sharma, who […]
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ALL DEALS 
March 2, 2016 Taskbob raises Rs28 crore in series A funding
The funding comes at a time when home services platform operators have raised fresh capital to remain afloat, pursue consolidation efforts and to remain competitive and scale rapidly. Bengaluru: Taskbob, a home services company run by Mumbai-based Crenovative Ideas Pvt. Ltd, has raised Rs.28 crore ($4.5 million) in a series A funding round led by […]
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ALL DEALS 
March 2, 2016 Flipkart sees 400% increase in sale of household items over weekend
The company launched home items last January and now claims to sell “a substantial part” of all home products sold online. Photo: Hemant Mishra/Mint Bengaluru: India’s largest e-commerce company Flipkart Ltd said it reported a 400% increase in daily unit sales of household items such as towels, bulbs and small appliances as well as furniture […]
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ALL DEALS 
March 2, 2016 RAW Pressery gets fresh funds from Sequoia Capital, others
Started in 2013 by the former marketer as an experiment to fill the gaps in India’s health beverages market, RAW Pressery has become a fad among fitness enthusiasts. Rakyan Beverages Pvt. Ltd, the maker of organic cold-pressed juices sold under the brand RAW Pressery, has raised close to $4.5 million in series B funding from […]
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ALL DEALS 
March 2, 2016 Freshdesk buys Framebench, its fourth acquisition in seven months
A file photo of Girish Mathrubootham, founder and chief executive, Freshdesk, who said that the acquisition of Framebench presents an opportunity to integrate collaborative capabilities. Photo: Mint Bengaluru: Freshdesk Inc., a start-up that provides customer support platforms for enterprises, has acquired Framebench Technologies Pvt. Ltd, a company which lets users collaborate on files (documents, images, […]
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ALL DEALS 
March 2, 2016 Businesses are built on burning ambition. But don’t burn at both ends
I am 28. I have just raised the first round of venture capital for my e-commerce company. It is a heady feeling. But as the high-fives are settling down, please tell us the things we should keep in mind, what must be done to take the company to the next round of funding and 20x […]
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ALL DEALS 
March 2, 2016 Share of international students at Yale will go up: Peter Salovey
Salovey is the 23rd president of Yale University. Before becoming president, he was the provost of the university. New Delhi: For Yale University president Peter Salovey, India presents opportunities for educational partnerships and joint research with Indian companies. In an interview during a recent visit, Salovey spoke about how Yale is looking to expand its […]
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ALL DEALS 
March 2, 2016 John Varghese to be St. Stephen’s College’s new principal
A file photo of St.Stephen’s College, Delhi. Photo: Hindustan Times New Delhi: John Varghese, professor at Hyderabad’s English and Foreign Languages University will be the new principal of St. Stephen’s College in Delhi after Valson Thampu retires from the post later this month. The Supreme Council of the college which includes members of Church of […]
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ALL DEALS 
March 2, 2016 Beti Bachao Beti Padhao scheme extended to 61 more districts
Gujarat, Haryana, Himachal Pradesh, Jammu and Kashmir, Madhya Pradesh, Maharashtra, NCT of Delhi, Punjab, Rajasthan, Uttar Pradesh and Uttrakhand are the 11 states where the scheme has been expanded. Photo: Ramesh Pathania/HT New Delhi: A week after Union women and child development (WCD) minister Maneka Gandhi announced the expansion of the Beti Bachao Beti Padhao […]
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ALL DEALS 
March 2, 2016 Neem extract may help treat pancreatic cancer: study
Nimbolide was able to reduce the migration and invasion capabilities of pancreatic cancer cells by 70%. Photo: Houston: A natural extract derived from the neem tree, commonly found in India, could potentially be used to treat pancreatic cancer without harming normal, healthy cells, a new study has claimed. Scientists tested nimbolide, a compound found in […]
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ALL DEALS 
March 2, 2016 President approves Visva Bharati VC dismissal
A file photo of President Pranab Mukherjee, who had twice earlier returned the file relating to Dattagupta to the HRD ministry, seeking the opinion of the law ministry on this issue. Photo: PTI New Delhi: President Pranab Mukherjee has approved the dismissal of Visva Bharati vice chancellor Sushanta Dattagupta, the first instance of sacking of […]
