IBM has partnered with start-up incubator Kstart, an initiative of Indian venture capital firm Kalaari Capital, to offer training and mentoring sessions to Indian start-ups. Kstart’s entire roster of seed-stage portfolio companies will have the opportunity to apply for the IBM Global Entrepreneur…
Local information provider CityShor gets Angel funding
Lifestyle start-up CityShor has received angel investment from Gujarat Angel Investors Network (GAIN). Launched by entrepreneurs Pallav Parikh and Pankaj Pathak in 2013, the start-up provides information on local products, places and things to do around the city. CityShor also provides a platform…
Four SME IPOs to hit capital markets
Riding on the upbeat market sentiment, four companies will come out with initial public offerings (IPOs) to raise about Rs 26 crore and get listed on the BSE exchange’s small and medium enterprises platform. Ruby Cables, Franklin Leasing and Finance launched their initial share-sale programmes on…
Amazon launches ‘Tatkal’ service in Chennai for SMEs
Amazon India has launched Amazon Tatkal, which enables small and medium enterprise (SME) owners to get on board and sell their products on Amazon.in. Amazon Tatkal is a mobile van that offers services like registration, imaging, cataloguing and basic seller training videos. Interested sellers can…
Uber launches UberMOTO in Gurgaon
After Bengaluru, taxi-hailing app Uber on March 30 launched a pilot of its bikesharing product – UberMOTO – in Gurgaon. “Uber today announced a pilot of Uber’s bikesharing product – uberMOTO in Gurgaon… This follows our agreement with the government of Haryana …
Delivery startups explore additional income streams
With investors turning increasingly cautious, hyperlocal delivery start-ups are exploring additional revenue streams such as advertisements and promotions to try and mitigate the impact of losses incurred by their core offerings. Shadowfax Technologies Pvt. Ltd and Opinio (Moonshots Internet Pvt.…
EasyMeat signed revenue sharing agreement with Venky’s
Pune-based meat delivery startup EasyMeat.in has signed a one-year revenue-sharing agreement with Venky’s, a subsidiary of the VH Group that specialises in processed chicken meat products. The startup will take about 15% commission for each Venky’s product sold through its online port…
Quikr ties up with home services company Fixy for QuikrServices
Online classifieds company Quikr has tied up with home services company Fixy for QuikrServices, its home services arm. As per this tie up, any queries in the home services segment for Mumbai and Thane would be redirected to Fixy. Tufayl Merchant, Co-Founder, Fixy, said, “We will be the excl…
Robin Uthappa has HealthEminds on healthcare tech startups
Indian cricketer Robin Uthappa has invested an undisclosed amount in a healthcare technology startup HealthEminds through his fund Caffeine Ventures. The company, founded by entrepreneur and former investment banker Ankita Puri and Yale-trained cardiologist-entrepreneur Sunita Maheshwari, focuses…
Veritas Finance raises Rs 30 crore from Sarva Capital
The Chennai-based Veritas Finance said it has raised Rs 30 crore from Sarva Capital in A series funding. The funding will help the Tamil Nadu and Puducherry-focused company to fuel their expansion plans and diversify their product and services. It will get a board position for Venky Natarajan, Ma…