The Indian consumer market, driven by increasing disposable incomes and a favourable demographic shift towards a majority working population, is opening up significant opportunities for several mid-sized consumer companies, a report said. “There has been spectacular growth in this segment (mid-si…
Nova Gaming Ventures in talks to raise $5 million
Gurgaon-based gaming platform startup Nova Gaming Ventures is in talks with multiple investors to raise $5 million to fund its expansion plans. The company, which had launched its gaming platform NovaPlay in April this year, is now looking to expand into mobile gaming space, said Amitesh Rao, CEO…
Production of horticulture crops increased
The total production of the Horticulture crops in the country is estimated to be around 283.36 million tonnes during 2015-16. These estimates are based on the information received from different State/UTs in the country. The Department of Agriculture and Farmers Welfare has released the Third Adv…
PropTiger acquires property transaction data provider PropRates
Online real estate advisor PropTiger.com said on September 5, that it has acquired Mumbai-based start-up PropRates, which gathers real estate transaction data. The acquisition, the price of which was not disclosed, will enable PropTiger to offer consumers real-time data about property transaction…
110 million mobile handsets produced in FY16: ICA & CEAMA
Prime Minister Narendra Modi’s ‘Make in India’ mission has achieved some success in boosting mobile manufacturing and assembling in the country. The number of handsets manufactured in India nearly doubled in FY16 from the previous year, said Ravi Shankar Prasad, Information Tech…
Mexico is top destination for India’s automobile exports; growth over 110%
Mexico has emerged as the top destination for India’s automobile exports making a compelling case for the Indian engineering exporters to push for further push in the growing South American markets, according to EEPC India. The EEPC India which would be organising India Pavilion at Expo National…
Investors to choose startups for funding in reality show
A clutch of investors, including Omaxe CEO Mohit Goel, Inditrade Capital’s Sudip Bandopadhyay and People Group Founder & CEO Anupam Mittal, will select startups in a reality show for seed funding in range of Rs 30 lakh to Rs 1 crore. Metropolis Healthcare MD & CEO Ameera Shah, iProspect I…
Roadshow in London to attract FDI in food processing sector
India is organizing a three-day road show in UK beginning on September 5 to attract foreign direct investment in the food processing sector. The government recently allowed 100 per cent FDI in multi-brand retail for food products produced and processed in India. Food Processing Industries Ministe…
Voonik acquires styling & personalisation app Dekkoh
Voonik, India’s leading personalization – focused fashion marketplace, announced the acquisition of Dekkoh. Voonik has been expanding rapidly and has brought newer businesses into its fold with a vision of offering its customers the best online fashion experience. Over the last few months, …
Karnataka Start-Up Council stands to improve ease of doing business
The Karnataka Start-up Council has stressed the need to improve ease of doing business for start-ups and ensuring availability of manpower, said an official statement on Sunday. “The Council has suggested that the state government departments should commission pilot projects by start-ups and faci…