ALL DEALS 
March 2, 2016 ICRISAT incubator plans Rs100 crore fund for agri start-ups
As part of the incubation programme, the institute had been tying up funds for start-ups but was finding it increasingly difficult to convince mainstream financiers and venture capitalists. Hyderabad: Agri-research institute ICRISAT’s incubation arm is looking to set up aRs.100 crore fund in a year, an initiative that could help small entrepreneurs from the agri-business […]
ALL DEALS March 2, 2016 Now a reality show on start-ups
Photo: iStock Hyderabad: A European start-up accelerator is bringing together two modern-day trends—start-ups and reality shows—to launch what could be the world’s first reality show on start-ups. It will be aired online on Spark10.tv, named after the accelerator that’s starting the web-based reality television show launching in April-May. Spark10 is India’s first European accelerator and […]
ALL DEALS March 2, 2016 Consumer Internet, e-commerce most preferred sectors for start-ups, study says
A file photo from the launch of the ‘Startup India’ action plan. The study shows that more than 5,000 start-up jobs are expected to be created by about 130 start-ups in the next 12 months. Photo: PTI Mumbai: Consumer Internet and e-commerce companies have emerged as the most preferred industry segments across start-ups, according to […]
ALL DEALS March 2, 2016 Chennai Angels invests in Finance Buddha
Finance Buddha raised its first round of external funding and is slated to disburse more thanRs.1,000 crore loans in the current financial year. Chennai: The Chennai Angels (TCA) on Friday said that it has invested an undisclosed amount in Finance Buddha, a financial services firm. “There have been many start-ups in the fintech space, but […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
