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ALL DEALS 
March 8, 2016 Tips and tricks by Uber co-founder Travis Kalanick for start-ups in India
Uber CEO Travis Kalanick speaks to students during an interaction at the Indian Institute of Technology (IIT) campus in Mumbai on Tuesday. Photo: Reuters Mumbai: The chief executive and co-founder of the world’s most valuable start-up Uber Inc., Travis Kalanick, is in India to kick-start the government’s Start-Up Initiative. The 39-year-old American entrepreneur, whose company […]
NEWS March 8, 2016 Ratan Tata invests in baby products retailer FirstCry
FirstCry offers 1,200 national and international brands with over 90,000 unique products. The range serves the needs of children ranging from new born to six years. New Delhi: Baby products retailer FirstCry on Thursday said it has raised an undisclosed amount in a fresh round of funding by Ratan Tata, chairman emeritus of Tata Sons […]
NEWS March 8, 2016 Investopad launches its third centre in Bengaluru
The platform which has already made close to nine investments in the past year, plans to make close to 15 investments every year at the early stage in small teams focused primarily on technology product investments. Bengaluru: Investopad, a seed fund and early-stage incubator, has launched its third centre in Bengaluru which can house 20 […]
ALL DEALS March 8, 2016 Ratan Tata backs start-up Teabox, turning active venture investor in retirement
The deal is the latest of about 25 personal investments that Ratan Tata has made in start-ups, helping spark an e-commerce boom in India along the way. Photo: Pradeep Gaur/Mint Singapore: Ratan Tata, who stepped down as the chairman of the $100 billion Tata Group in 2012, is taking a stake in an online start-up […]
ALL DEALS March 7, 2016 Make in India brand campaigners launch Motherland Joint Ventures
In a natural extension of its main brand, Motherland will also be involved in culture-related projects such as publishing, film, art and music. Photo: PTI Mumbai: V. Sunil and Mohit Dhar Jayal, the men behind the fabulous campaigns for brands such as Make in India, Incredible India! Indigo and Royal Enfield have called it a […]
ALL DEALS March 4, 2016 Google Nexus 5X, Nexus 6P Launched in India: Price, Availability Details
Google has launched its latest Nexus smartphones – the LG Nexus 5X and Huawei Nexus 6P – in India. The company announced that both the Nexus 5X and Nexus 6P smartphones will be available for pre-orders starting 2pm IST on Tuesday, and will go on sale from October 21. The Nexus 5X 16GB will be […]
ALL DEALS March 4, 2016 Scientists investigate suspected meteorite death in Tamil Nadu
A file photo of a meteor streaking across the sky. The last reported death from a meteorite strike was in 1825. Photo: AFP/Nasa Chennai: Indian scientists are investigating whether a man was killed by a meteorite, which if confirmed would be the first recorded death from falling fragments of space rock in almost 200 years. […]
CLOTHING March 4, 2016 Myntra generates biggest monthly sales in January
Myntra CEO Ananth Narayanan. Online fashion retailer Myntra.com said that it generated annualized gross sales of $800 million this month, a 70% jump from last January, as the firm splurged on advertising to promote its end-of-season fashion sale. Volumes in January were boosted by Myntra’s private brands, increased contribution of international brands such as Marks […]
ALL DEALS 
March 4, 2016 Wipro Ventures invests Rs9.78 crore in big data start-up Altizon Systems
Photo: Hemant Mishra/Mint Bengaluru: Wipro Ltd’s corporate venture arm Wipro Ventures has picked up a minority stake in Pune-based big data start-up Altizon Systems Pvt. Ltd. Wipro’s Rs.9.78 crore investment in Altizon allows it to have “a minority holding, not exceeding 20% of the outstanding share capital of the company”. It expects to close its […]
NEWS March 4, 2016 RBI eases stake sale rules in start-ups
The RBI said it would clarify certain other issues that are permissible under current rules. Photo: Ramesh Pathania/Mint Mumbai: The Reserve Bank of India (RBI) allowed overseas investors to sell their stakes in Indian start-ups to local companies, potentially giving foreign venture capital (VC) funds an easier exit route. The regulator also allowed start-ups to […]
NEWS March 4, 2016 Ola, Uber launch bike taxi services in Bengaluru
Photo: Hemant Mishra/Mint Bengaluru: Ride hailing services Ola and Uber on Thursday announced the launch of their respective bike taxi services in Bengaluru, a move that will mark their presence in almost every possible land commute option. Uber Inc., the world’s most valuable start-up and Ola (ANI Technologies Pvt. Ltd), now offer between themselves an […]
NEWS 
March 4, 2016 Unicorns are a myth. But you do believe in them!
Photo: Bloomberg The enterprise value of Google pre-IPO (initial public offer) was estimated to be between $33 billion and $40 billion (based on a S&P’s pre-IPO Google report). Google listed on Nasdaq on 19 August 2004 at $85, the low end of its revised price expectation of $85-95. Its market capitalization was valued at $23 […]
