Now, restaurants serve workspace for start-ups

Chirag Gupta, 23, co-founder of Deyor, a budget hotel and campsite aggregator, works from cafes and restaurants mostly. Gupta uses the services of Qdesq, an online aggregator of workspace, and finds it much cheaper than renting out a specific facility. “We work in the marketplace model and book s…

T-Hub incubated health start-up raises $150,000

Life Circle Health Services, a Hyderabad-based home nursing and professional care services provider, has raised $150,000 from European healthcare services provider Groupe SOS. “The funds will help us further penetrate in the Hyderabad market and expand our services to New Delhi,” said Life Circle…

ICICI bank launches contactless credit card with jet airways for SMEs

ICICI Bank, India’s largest private sector bank, today announced the launch of the country’s first contact less business credit card in association with Jet Airways, India’s premier international airline, for small and mid-sized enterprises (SMEs) and their employees. Christened ‘Jet Airways ICIC…

Zarget raises $1.5 million in seed funding

Zarget, a Chennai-based SaaS startup, has raised $1.5 million (about Rs 10 crore) in seed funding. Global venture capital firms Accel Partners and Matrix Partners and CEO of Freshdesk Girish Mathrubootham participated in the round along with some other investors. “Consider the slow advances…

JM financial acquires 9.84% in p2p lending startup Fairassets

Close on the heels of Reserve Bank of India’s move to bring the nascent peer-to-peer (P2P) lending under regulation, financial services firm JM Financial has acquired 9.84% stake in P2P lending start-up Fairassets Technologies through one of its subsidiaries. All five existing investors of …