Archives
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NEWS March 4, 2016 Ratan Tata, University of California partner to fund start-ups in India
By: sristy SahaRatan Tata has made small investments ranging from Rs.10 crore in online market place Snapdeal to Rs.10 lakh in Zivame. Photo: Mint Bengaluru: RNT Associates, the privately held investment firm of Ratan Tata, and the chief investment officer’s office of the University of California have partnered to jointly fund start-ups and enterprises in India over […]
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NEWS March 4, 2016 Zomato turns profitable in 6 markets, including India
By: sristy SahaZomato co-founders Pankaj Chaddah (left) and Deepinder Goyal. Photo: Ramesh Pathania/Mint Restaurant search and review website Zomato Media Pvt. Ltd said on Monday that the company has reached operational profitability in six markets, including India. Zomato has also turned operationally profitable in the United Arab Emirates, Lebanon, Qatar, the Philippines and Indonesia. “We can now […]
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ALL DEALS March 3, 2016 India Funding Roundup: A Customer Engagement Platform, Gym Aggregator, and More
By: sristy SahaOur 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 3, 2016 Start-ups have limitations in traditional business, says Capgemini India CEO
By: sristy SahaPhoto: 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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ALL DEALS March 3, 2016 For whom is the Nasscom’s India Leadership Forum 2016?
By: sristy SahaThe 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 […]
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ALL DEALS March 2, 2016 Hardware start-ups warm up to Make in India
By: sristy SahaPhoto: Ramesh Pathania/Mint When Prime Minister Narendra Modi exhorted entrepreneurs to make in India in his 2014 Independence Day speech, it was touted as a watershed moment for the manufacturing sector, which accounted for 17.3% of the country’s gross domestic product in 2013-14. The corresponding number for China stood at 36%, according to the World […]
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ALL DEALS March 1, 2016 Foodpanda changes India strategy in revival bid
By: sristy SahaFoodpanda, which until now has been driven by technology developed at its headquarters in Berlin, has also started to build its products locally. Photo: Ramesh Pathania/Mint New Delhi/Mumbai: Online food ordering company Foodpanda is revisiting its India strategy by outsourcing delivery and is also looking to start its own kitchen, a comparatively higher-margin business, as […]
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NEWS February 26, 2016 Lenovo Looking to Expand Offline Sales and Support in India
By: sristy SahaLenovo seems to be on a launching spree as the company has launched five smartphones in the last two days, namely the Lenovo A1000, the Lenovo A6000 Shot, the Lenovo K3 Note Music, the Lenovo Vibe P1, and the Vibe P1m. Considering all these devices have been launched in the price range between Rs. 4,999 […]
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ALL DEALS February 26, 2016 Counterpoint ‘Grossly Underestimated Our Numbers’, Says Xiaomi India Head Manu Jain
By: sristy SahaLess than 24-hours after the Counterpoint Research’s Market Monitor analyst report stated thatMicromax’s Yu is outselling Xiaomi online, and that Xiaomi registered a 46 percent drop in smartphone shipments (its first-ever drop in the country), Xiaomi has issued a counterpoint of its own by saying it sold record 1 million plus units in Q2 (July […]
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NEWS February 18, 2016 Indians think Africans are ‘frauds and prostitutes’ ‒ so why do they still come to India to study?
By: sristy SahaPhoto Credit: Noah Seelam/AFP 21.8K Total Views On the morning of February 6, a few hundred African students gathered on the steps of Bengaluru’s Town Hall, a striking, colonnaded building at the heart of the sprawling metropolis best known as India’s Silicon Valley. Holding posters, some printed and most handwritten, and shouting slogans, they were […]