Archives
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ALL DEALS 
March 8, 2016 Start-up India good way to spend taxpayers’ money: poll
Prime Minister Narendra Modi laid out an action plan for start-up enterprises, proposing self-certification related to nine labour and environment laws and said no government inspectors will visit start-ups in the first three years after their launch. Photo: PTI A majority of the respondents to an instaVaani poll have backed the Start-Up India programme launched […]
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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 […]
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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 […]
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ALL DEALS 
March 4, 2016 Ratan Tata says some start-up valuations ‘pricey’
File photo.Ratan Tata has invested in more than 25 Indian start-ups over the past 24 months. Photo: Abhijit Bhatlekar/Mint Mumbai: Ratan Tata said his investments in start-ups are aimed at enabling goods and services to reach a large section of the population, although the chairman emeritus of Tata Sons Ltd admitted that valuations of some […]
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ALL DEALS 
March 4, 2016 Augmented reality start-up Blippar raises $54 million
Blippar has 300 employees in 14 offices worldwide, with 30 of them in its New Delhi, Mumbai and Bengaluru offices. Bengaluru: Blippar Inc., a company that makes augmented reality technology for brands as well as for consumers, said on Wednesday that it has raised $54 million from Khazanah Nasional Berhad, the strategic investment fund of […]
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ALL DEALS 
March 4, 2016 Zendrive, a driving analytics start-up, raises $13.5 million
Zendrive’s technology can be used by a broad list of industries including on-demand services, commercial fleets, taxi aggregators, insurance companies, and for city planning, mapping, driving instruction and roadside assistance, among others. Bengaluru: Zendrive Inc., a mobile technology company which aims to make roads safer through data and analytics, raised $13.5 million in Series A […]
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ALL DEALS 
March 4, 2016 Ratan Tata invests in B2B industrial goods start-up Moglix
A file photo of Ratan Tata. Photo: Pradeep Gaur/Mint New Delhi: Moglilabs Pvt. Ltd which runs business-to-business (B2B) industrial products marketplace Moglix on Monday said it has raised an undisclosed amount from Ratan Tata, chairman emeritus of Tata Sons Ltd. The company in October raised a pre-series A round of $1.5 million from venture capital […]
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ALL DEALS 
March 3, 2016 Gurgaon based beauty start-up Stylofie raises funds from IDC’s Jaideep Mehta
The company did not disclose the amount raised. New Delhi: Gurgaon-based beauty and wellness start-up Stylofie on Tuesday said it has raised funds from International Data Corp.’s (IDC) managing director for South Asia Jaideep Mehta. The company did not disclose the amount raised. With this, Mehta joined Stylofie’s board of directors and will mentor the […]
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ALL DEALS 
March 2, 2016 Ratan Tata invests in retail tech start-up Snapbizz
SnapBizz had earlier raised $7.2 million in an investment round led by venture capital firms Jungle Ventures, Taurus Value Creation, Konly Venture and Blume Ventures in January. Photo: Pradeep Gaur/Mint Bengaluru: SnapBizz Cloudtech Pvt. Ltd, which devises technology for grocery stores, said it raised an undisclosed amount of funding from Ratan Tata, chairman emeritus of […]
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NEWS 
March 2, 2016 Govt plans start-up center for capital goods sector
Photo: Mint Mumbai: The Indian government has decided to create a ‘start-up centre’ for the capital goods industry and will also launch a technology development fund for the sector. The ministry of heavy industries and public enterprises, on Monday, while announcing national capital goods policy 2016, said it will create a start up centre for […]
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NEWS 
March 2, 2016 Buddy, a student micro-financing start-up, raises $500,000
Bengaluru-based Buddy provides small loans to purchase smartphones and laptops among others to help the student during academic years. It has several short and long-term repayment plans across 3-18 months. Photo: HT Bengaluru: Student micro-financing start-up Buddy (GaragePreneurs Internet Pvt. Ltd) on Tuesday said it has raised $500,000 angel investment from Blume Ventures, Tracxn Labs […]
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ALL DEALS 
March 2, 2016 How Printo’s Manish Sharma lost his start-up and got it back
A file photo of a Printo store in Bengaluru. Retail was booming at the time Sharma set up Printo. Photo: Hemant Mishra/ Mint Mumbai: Manish Sharma, 43, likes his coffee black and his conversation clear and upfront. Entrepreneurs aren’t really a fraternity, he says. “Mostly we have our head in the sand, trying to figure […]
