• NEWS
    Bringing tech to tutors—Vidyanext

    Vidyanext is unique in that it consciously stayed away from an online-only model or self-paced courses—two models that most start-ups in this sector adopt. Bengaluru: You are a parent. You want to find a good tutor for your school-going child. You want the best of technology-enabled solutions for them. What do you do? You either […]

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    Start-ups, venture capital backers turn to investment banks for deals

    Investors pumped in more than $9 billion into start-ups over the past two years. Photo: Priyanka Parashar/Mint Bengaluru/New Delhi: Weak business models and a funding slowdown are forcing many Indian consumer Internet start-ups and their venture capital (VC) backers to seek help from investment bankers in order to secure fresh funds from new investors or […]

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    Affimity raises $1.2 million from Silicon Valley angel investors

    Affimity allows users to focus on their passions and specific interests, filtering out irrelevant content and displaying only those posts that are relevant to the users’ interests. It currently has over 35 channels. Mumbai: Bengaluru-based social networking start-up Affimity Inc. said on Wednesday it has raised $1.2 million in angel funding from a group of […]

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    Mukesh Bansal to leave Flipkart; Ankit Nagori to also quit

    Mukesh Bansal, the head of Flipkart’s commerce platform, will leave by April. Photo: Hemant Mishra/Mint Bengaluru: Mukesh Bansal and Ankit Nagori, who are among the most powerful executives at Flipkart Ltd, have resigned to start their own ventures, leaving co-founder Binny Bansal firmly in control of the country’s largest e-commerce company. Mukesh, the head of […]

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    Oyo Rooms has acquired Zo Rooms: SoftBank

    Zo Rooms had 300 employees and 20,000 listed properties across 30 cities. Photo: Mohsin Shaikh/Mint New Delhi: Oyo Rooms, the budget hotel-booking app backed by Japanese billionaire Masayoshi Son’s SoftBank Corp., has acquired smaller rival Zo Rooms. SoftBank, which took part in a $100 million round of funding in Oyo Rooms last year, announced the acquisition […]

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    T-Hub to set up a health tech accelerator

    Photo: Mint Hyderabad: Hyderabad’s start-up incubator T-Hub is looking to set up a health tech accelerator, to mentor and fund 10-15 innovations, in May this year. In fact, over the next one year, it would also open three other accelerators, for Internet of Things, agritech and B2B companies. “The healthtech accelerator will be the first […]

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    Why investors are interested in CarDekho

    CarDekho.com boasts of investors such as Ratan Tata, Times Internet, Sequoia, Hillhouse Capital, Tybourne Capital and HDFC Bank, and is valued at $300 million. Clearly, it has no dearth of investors or money. New Delhi: The presence of CarDekho.com, promoted by Jaipur-based IT firm Girnar Soft, at the recently-concluded Delhi Auto Expo was intimidating. The […]

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    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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    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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    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 […]