• NEWS
    JustRide raises $400,000 from a group of angel investors

    A screen grab of JustRide website New Delhi: Self drive car rental aggregator JustRide has raised $400,000 in a pre-Series A round from a group of angel investors including Dheeraj Jain, partner at Redcliffe Capital. JustRide said it will use the money to enhance its technology. The company is in advanced talks with an Indian […]

  • NEWS
    Customer support in the time of instant outrage: How start-ups do it

    At e-commerce marketplace Snapdeal (run by Jasper Infotech Pvt. Ltd), social media is handled with a set of processes and a large team of 16 constantly monitoring the social chatter. Photo: Bloomberg Bengaluru: No online retailer escaped the backlash sparked by a recent clutch of instances in which customers ordered mobile phones online and were […]

  • NEWS
    Flipkart secures a credit line of over Rs450 crore from HDFC Bank; Amazon’s localization of mobile tech boosts demand for its app

    Photo: iStock What to watch out for • Capital markets regulator Securities and Exchange Board of India to fast-track market reforms, ease start-up funding. • Amazon’s localization of mobile tech boosts demand for its app. • Flipkart has secured a credit line of over Rs.450 crore from private sector lender HDFC Bank, according to latest […]

  • NEWS
    Google, Microsoft, Other Rivals Back Apple Ahead of iPhone Ruling

    Tech industry leaders including Alphabet Inc’s Google, Facebook Inc, Microsoft Corp, AT&T and more than two dozen other Internet and technology companies were filing legal briefs on Thursday asking a judge to support Apple Inc in its encryption battle with the US government, court documents and sources familiar with the companies’ plans said. The rare […]

  • ALL DEALS
    UN Human Rights Chief Warns of Implications of Apple-FBI Row

    An FBI demand that Apple unlock an iPhone risks setting a dangerous precedent that could have a chilling effect on human rights, the United Nations rights chief warned Friday. Zeid Ra’ad Al Hussein’s intervention came after Apple’s largest rivals backed the tech giant’s bid to resist the US government demand seeking to access the iPhone […]

  • ALL DEALS
    US Police Say Criminals Like Apple’s iPhone Because of Encryption

    Some criminals have switched to new iPhones as their “device of choice” to commit wrongdoing due to strong encryption Apple Inc has placed on their products, three law enforcement groups said in a court filing. The groups told a judge overseeing Apple’s battle with the US Department of Justice on Thursday that, among other things, […]

  • ALL DEALS
    2016—the year of discounted valuations

    The speculation is about which two will first join hands in 2016 to compete with the US leader—Amazon—that has doubled in market cap in the last year and remains the formidable force to reckon with. Photo: Bloomberg 2015 was the year of discounted products. 2016 will be the year of discounted valuations. When will be […]

  • ALL DEALS
    Flipkart bets on large appliances to power next stage of growth

    Flipkart started selling large appliances again in early 2014, nearly a year after it was forced to withdraw these products because of customer complaints about late deliveries and poor quality of products. Photo: Hemant Mishra/Mint Bengaluru: India’s largest e-commerce firm Flipkart Ltd is banking on sales of high-priced products such as television sets, refrigerators and […]

  • ALL DEALS
    Mind the gap: Boosting a climate of entrepreneurship

    Photo: Ramesh Pathania/Mint Bengaluru can often feel like a different country. Elsewhere, university campuses might be on fire, debating the freedom of speech and meaning of freedom; water supply to entire neighbourhoods might be cut off by angry mobs; thousands might be stranded due to once-in-a-century floods. But in Bengaluru’s coffee shops and meeting rooms, […]

  • NEWS
    Ratan Tata, University of California partner to fund start-ups in India

    Ratan 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 […]

  • NEWS
    Sequoia Capital top venture capital investor of 2015

    While Sequoia Capital backed 48 start-ups, New Enterprise Associates—the second most prolific venture capital firm—was involved in 44 deals, according to start-up tracker Tracxn. Bengaluru: Sequoia Capital and New Enterprise Associates were the most prolific venture capital firms last year globally in terms of the number of deals, backing 48 and 44 start-ups, respectively. The […]