After China, Malaysian Small and Medium-scale Entrepreneurs (SMEs) will be setting their sights on the halal market in India. Minister in the Prime Minister’s Department Datuk Seri Dr Wee Ka Siong said the initiative would see the SMEs engaging with those businesses there. “We are in the midst of…
India best for Global In-house Centres (GICs) | Nasscom Study
Information technology body Nasscom on April 21 said that its recent study ranked India as the number one location for Global In-house Centres (GICs). Nasscom on April 21 started the sixth edition of its two-day GIC conclave. “This year, the conclave’s theme focuses on ‘Transfor…
ixigo launches 1-Tap Cab Booking, that books cabs even without internet or GPS
ixigo, India’s leading travel search app has announced the launch of “1-Tap Cab Booking” on the ixigo cabs app – an innovative feature that allows booking the nearest available cab in one tap of a button on the user’s home screen. Currently available for Android, 1-Tap Cab Booking will wor…
Gennext Hub, Invest Ottawa team up to connect India, Canada
GenNext Hub, a Reliance Industries Ltd-backed startup program, entered into a partnership with Invest Ottawa on April 20 to create a bridge to engage innovative startups from India and Canada. For starters, they have inked a Memorandum of Understanding (MoU) that includes co-branding, events invi…
20% of all applications received from smaller towns | Startup Expo
The Indian startup revolution is not limited to metros anymore; one-fifth of applications for a Startup Expo being organised by Lufthansa Airlines and The Indus Enterprise have come from smaller towns. Out of 34,000 applications for the one-day expo in Gurgaon this weekend, about 20% came from to…
Matrix partners raises 730 crore to boost its corpus
Venture firm Matrix Partners India, an early investor in ride hailing app Ola and classifieds portal Quikr, has raised a further Rs 730 crore or $110 million to boost the corpus of its second fund. The fund raise comes at a time when a Co-Founder Rishi Navani is leaving the firm, which will now b…
Nazara Games picks up 26 percent in mastermind sports
Nazara Games has picked up a 26% stake in London-based mobile gaming startup Mastermind Sports. This is its second investment after it put in an undisclosed amount in the London-based firm Truly Social, which focuses on women centric games. Mastermind Sports, founded in 2014, is a gaming studio w…
Sport merchandise start-up Zeven to open brand stores
Home-grown, multi-sport, footwear and apparel start-up Zeven, which went live with its e-commerce site Zevenworld.com in January, is preparing to open four exclusive brand stores this year. Targeted at the 16-80 age group, Zeven is adopting an omni-channel approach to reach its customers. The fir…
AskmeFin to credit rate Small & Medium units, use algorithms
AskmeFin plans to venture into credit rating of small and medium enterprises to enable them get funds at competitive rates. To start with, the company will use algorithms to provide credit scores for the 1.5 lakh SMEs registered with it and also helping them tie-up short-term funds. A part of the…
Foodpanda considering another round of investments
Foodpanda.in is considering yet another round of investments this fiscal as it focuses on more human capital, new technologies and products. Saurabh Kochhar, Founder and CEO of the food-ordering application company, told reporters here on the sidelines of an ASSOCHAM event that this year the comp…