Archives
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ALL DEALS 
March 17, 2016 India Funding Roundup: A Home Tutoring Marketplace, Rickshaw Advertising Startup, and More
Our latest funding roundup compiles seed and late stage investments in Indian startups engaged in tech-based recruitment, tutor aggregation, fashion discovery, home services, and more. WorkIndia Recruitment marketplace WorkIndia founded by a group of IIT/ IIM alumni recently announced Wednesday that it had secured an undisclosed sum in funding from Beenext, a Singapore-based early stage […]
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NEWS 
March 16, 2016 Blueshift raises $8 million in Series A funding
Blueshift allows marketers to customise their messages based on customers’ interests, purchase patterns and browsing behaviour, thus increasing engagement. Bengaluru: Blueshift Labs Inc., a marketing automation solutions provider, on Tuesday announced that it had closed an $8 million Series A round of funding led by Storm Ventures, with participation from existing investor Nexus Venture Partners, […]
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ALL DEALS 
March 16, 2016 Govt hikes funding for start-ups, Flipkart invests more in Myntra
Photo: iStock What to watch out for: • Flipkart invests another Rs.338 crore in its fashion portal Myntra: In an attempt to boost its leadership position in the fashion segment, Flipkart has infused Rs.338 crore into online fashion store Myntra. The fresh funds come at a time when Myntra’s nearest rival, Rocket Internet-backed Jabong, is […]
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NEWS 
March 16, 2016 Five-fold hike in govt budget for funding startups
In the 2016-17 financial year, the government will provide seed capital to 50-80 new ventures with funding ranging from Rs.50 lakh to Rs.1 crore per company. Photo: Priyanka Parashar/Mint New Delhi: A five-fold hike has been made by the government in its budget for funding startups in the next fiscal, a move which is in […]
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ALL DEALS 
March 12, 2016 India Funding Roundup: A Pre-Owned Fashion Marketplace, E-Commerce Enabler, and More
A total of 23 tech startups got funded in this week, according to sector analysis provided by data tracker Tracxn. Our latest funding roundup compiles seed and late stage investments in firms engaged in e-commerce enablement, self-drive car rentals, B2B listings, and pre-owned fashion. Yana Mobile personal assistant app Yana has reportedly raised an undisclosed […]
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NEWS 
March 11, 2016 Tracxn secures funding from Ratan Tata
Tracxn provides information on start-ups to over 6,000 clients across India, the US, the Middle East, South-East Asia and Europe, and claims to sign up at least one new client every day. Tracxn Technologies Pvt. Ltd, a data analytics company that tracks start-ups, has secured funding from Ratan Tata, chairman emeritus of Tata Sons Ltd, […]
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ALL DEALS 
March 11, 2016 As start-up funding slows, venture capital firms back in the driver’s seat
Even some well-funded start-ups are feeling the heat. Last week, grocery delivery start-up Grofers shut operations in nine cities, citing poor demand. Photo: Ramesh Pathania/Mint Venture capital (VC) firms are again wielding strong control over their portfolio companies, as a funding slowdown helps shift power back to the investors after more than a year when […]
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NEWS 
March 8, 2016 Nightingales plans to raise $20 million in second round funding
The promoters of Medwell Ventures have invested around $3.5 million in Nightingales. Hyderabad: Nightingales Home Health Services, part of Medwell Ventures Pvt. Ltd, on Tuesday said it plans to raise around $20 million to fund expansion by the end of this year. Medwell Ventures acquired Benguluru-based Nightingales in April 2014, for undisclosed amount. Medwell Ventures, […]
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NEWS 
March 4, 2016 Magic Crate raises seed funding from Mohandas Pai, others
The firm said it ships several thousand activity crates each month, customised to specific age groups, with the prices starting at Rs.549. Bengaluru: Funfinity Learning Solutions Pvt. Ltd, which makes Magic Crate subscription-based activity kits for children, on Thursday said it has received seed investment from Aarin Capital, T.V. Mohandas Pai, chairman of Manipal Global […]
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ALL DEALS 
March 3, 2016 India Funding Roundup: A Customer Engagement Platform, Gym Aggregator, and More
Our latest funding roundup compiles seed and late stage investments in Indian startups engaged in industrial robotics, fashion e-commerce, customer engagement, online test preparation, and fitness discovery. Momark Noida-based Momark Services, a mobile app-based customer engagement platform and mobile wallet aggregator, has raised a pre Series-A funding of $600,000 (roughly Rs. 4 crores) led by […]
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ALL DEALS 
March 2, 2016 Tracxn raises funding from Nandan Nilekani, Mohandas Pai, others
According to documents filed with the registrar of companies, Tracxn posted revenue of Rs.2.31 crore for the year ended 31 March 2015, up from Rs.9.78 lakh in the previous year. Bengaluru: Start-up data analytics firm Tracxn Technologies Pvt. Ltd on Wednesday said it has raised funding from a group of angel investors, including former UIDAI […]
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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 […]
