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March 4, 2016 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 […]
ALL DEALS March 4, 2016 Kae Capital raises $30 mn for fund focused on local start-ups
Kae Capital founder and MD Sasha Mirchandani. New Delhi: Kae Capital, which invests in early-stage companies, has raised $30 million from existing and new investors as part of its second fund. The firm will be raising an additional $10 million soon, said Sasha Mirchandani, founder and managing director of Kae Capital, on Thursday. He declined […]
NEWS March 4, 2016 Infosys, Wipro investments in start-ups not exclusive deals
Infosys and Wipro maintain their backing to start-ups, which are based out of the US, Israel and India, should not curtail the latter from partnering other outsourcing firms, some of which are even their rivals. Photo: Hemant Mishra/Mint Bengaluru: Infosys Ltd and Wipro Ltd have invested over $65 million in 11 start-ups so far, but […]
ALL DEALS March 3, 2016 Start-ups, venture capital backers turn to investment banks for deals
Investors pumped in more than $9 billion into start-ups over the past two years. Photo: Priyanka Parashar/Mint Bengaluru/New Delhi: Weak business models and a funding slowdown are forcing many Indian consumer Internet start-ups and their venture capital (VC) backers to seek help from investment bankers in order to secure fresh funds from new investors or […]
ALL DEALS March 3, 2016 Start-ups have limitations in traditional business, says Capgemini India CEO
Photo: 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 […]
ALL DEALS March 2, 2016 Hardware start-ups warm up to Make in India
Photo: 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 […]
ALL DEALS March 2, 2016 ICRISAT incubator plans Rs100 crore fund for agri start-ups
As part of the incubation programme, the institute had been tying up funds for start-ups but was finding it increasingly difficult to convince mainstream financiers and venture capitalists. Hyderabad: Agri-research institute ICRISAT’s incubation arm is looking to set up aRs.100 crore fund in a year, an initiative that could help small entrepreneurs from the agri-business […]
ALL DEALS March 2, 2016 Now a reality show on start-ups
Photo: iStock Hyderabad: A European start-up accelerator is bringing together two modern-day trends—start-ups and reality shows—to launch what could be the world’s first reality show on start-ups. It will be aired online on Spark10.tv, named after the accelerator that’s starting the web-based reality television show launching in April-May. Spark10 is India’s first European accelerator and […]
ALL DEALS March 2, 2016 Consumer Internet, e-commerce most preferred sectors for start-ups, study says
A file photo from the launch of the ‘Startup India’ action plan. The study shows that more than 5,000 start-up jobs are expected to be created by about 130 start-ups in the next 12 months. Photo: PTI Mumbai: Consumer Internet and e-commerce companies have emerged as the most preferred industry segments across start-ups, according to […]
ALL DEALS March 2, 2016 Tracxn unveils platform to help angels exit start-ups
Abhishek Goyal, co-founder, Tracxn. Photo: Hemant Mishra. Bengaluru: Start-up data analytics provider Tracxn Technologies Pvt. Ltd has launched an Internet platform aimed at helping early investors in mature start-ups sell their shares by connecting them to venture capital (VC) firms and other institutional investors. If the platform, called TracxnSecondary, gains scale, it will increase liquidity […]
ALL DEALS March 2, 2016 IITs look to nurture start-ups, host companies’ R&D centres
Around 40 start-ups work out of the IIT Madras research park. In the next six months, that number is slated to go up to 200. Tanuj Jhunjhunwala, 24, quit his job in a multinational car maker to return to his alma mater, the Indian Institute of Technology (IIT), Madras, to start an underwater robotics company. […]
ALL DEALS March 1, 2016 Meet the first Indian start-ups to adopt IBM Watson platform
A file photo of IBM’s headquarters in Armonk, New York. Kartik Mohla, a graduate in management information systems, used to work at an US investment bank before he came back to India to join his family business that helps companies boost the skills and productivity of their employees. Now, he is the CEO of InspireOne […]
