Archives
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August 8, 2016 Myntra acquires content aggregation start-up Cubeit
By: sristy SahaFor the year ended 31 March 2015, Myntra’s revenue grew 77% to Rs.758 crore from Rs.427.26 crore the previous year. Photo: Bloomberg Bengaluru: Online fashion store Myntra Designs Pvt. Ltd has acquired Bangalore-based Cubeit, a start-up that facilitates content aggregation on mobile devices, to gain access to its employees, the company said in a statement […]
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ALL DEALS April 1, 2016 Delivery start-ups explore additional income streams
By: sristy SahaHyperlocal delivery start-ups, including food-tech and logistics companies, together garnered $270 million in funding in 2015, but the sector has also seen a massive correction in the form of closure. Photo: Ramesh Pathania/Mint With investors turning increasingly cautious, hyperlocal delivery start-ups are exploring additional revenue streams such as advertisements and promotions to try and mitigate […]
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ALL DEALS April 1, 2016 Start-up deals of the day
By: sristy SahaTrue Balance is a mobile app that keeps users updated about their prepaid mobile account. Photo: Softbank Ventures Korea invests in True Balance New Delhi: SoftBank Ventures Korea, the venture capital arm of Japan’s SoftBank, has invested an undisclosed amount in True Balance, a mobile app that keeps users updated about their prepaid mobile account, […]
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ALL DEALS March 26, 2016 Tendulkar makes his first tech start-up investment
By: sristy SahaALSO READ Tendulkar bats for Oxigen walletGlobal mobile subscriptions growing around 5 per cent y-o-yGovt to launch Rs 10,000-cr fund for domestic electronic firmsInvestment in an Indian start-up every 8 hoursZebpay raises nearly $1 mn in series ‘A’ funding Cricket legend Sachin Tendulkar made his first investment in a technology start-up, a firm that makes […]
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NEWS March 25, 2016 Ex-Flipkart duo to launch healthcare start-up, Uber-Ola battle goes to court
By: sristy SahaPhoto: iStock What to watch out for Mukesh Bansal, Ankit Nagori to launch healthcare start-up The duo who left Flipkart earlier this month are teaming up and pooling $5 million to launch a start-up in the area of healthcare and sports and fitness. Uber-Ola battle goes from the streets to court Uber has alleged that […]
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NEWS March 25, 2016 Robotics start-up Endless Robotics raises $100,000 in seed funding
By: sristy SahaEndless Robotics provides a service that uses robotics to make paint spray technology effective and bring greater efficiency to construction and real estate projects. Endless Robotics Pvt. Ltd, a start-up that makes products for automating painting in the construction and real estate industries, on Wednesday said it raised $100,000 in pre-series funding from angel investors […]
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NEWS March 23, 2016 Mukesh Bansal, Ankit Nagori to launch healthcare start-up
By: sristy SahaMukesh Bansal quit Flipkart this month. Photo: Hemant Mishra/Mint Bengaluru: Mukesh Bansal and Ankit Nagori, who left Flipkart this month, are teaming up and pooling $5 million to launch a start-up in the area of healthcare and sports and fitness. The two will register the company over the next month and have started the process […]
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ALL DEALS March 16, 2016 Yuvraj Singh invests in Rahul Yadav’s start-up Intelligent Interfaces
By: sristy SahaRahul Yadav has been working on his new venture after the Housing.com’s directors fired him on account of his objectionable behaviour towards investors and the media in July. Mumbai: Indian cricketer Yuvraj Singh has made an undisclosed amount of investment in former Housing.com’s chief executive officer and co-founder Rahul Yadav’s start-up Intelligent Interfaces. “Proud to […]
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ALL DEALS March 16, 2016 Uber’s Travis Kalanick among big names to attend Modi’s Start-up India event
By: sristy SahaA file photo of Uber’s founder Travis Kalanick. Photo: Bloomberg New Delhi: Investment firm SoftBank’s founder Masayoshi Son, taxi-hailing service Uber’s founder Travis Kalanick and collaborative workspace provider WeWork’s founder Adam Neumann will attend the government’s Start-up India event next week, where Prime Minister Narendra Modi will unveil an action plan to assist early-stage companies. […]
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HOME & GARDEN March 16, 2016 Home services start-up Gapoon raises angel funds
By: sristy SahaBengaluru-based Gapoon, founded in 2015, earlier raised an undisclosed amount in angel funding in July. Bengaluru: Home services start-up Gapoon Online Consumer Services Pvt. Ltd on Tuesday said it has raisedRs.1.2 crore in angel funding. Bengaluru-based Gapoon, founded in 2015, earlier raised an undisclosed amount in angel funding in July. It operates an on-demand as […]
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NEWS March 16, 2016 Education start-up FlipClass raises $1 million from S. Chand and Blume Ventures
By: sristy SahaThe Bengaluru-based firm had in 2014 raised about $250,000 in funding from LetsVenture, an online fund-raising platform. Bangalore: FlipClass (run by Gyankosh Solutions Pvt Ltd), an education start-up that operates a marketplace for home tutors, on Monday said it has raised $1 million in funding from S. Chand and Co. Pvt. Ltd, a publisher of […]
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ALL DEALS March 14, 2016 ShopClues set to buy mobile payments start-up Momoe
By: sristy SahaRadhika Aggarwal and Sanjay Sethi, founders of ShopClues. Photo: Mint Online shopping platform ShopClues.com is in advanced talks to buy mobile payments firm Momoe Technologies, as it looks to add a payment service to its platform, according to three people aware of the discussions. The all-stock deal, likely to be announced in the next 45 […]
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