Udaan.com, a business-to-business online marketplace, on November 22 said it has raised $10 million in series A funding from venture capital firm Lightspeed Venture Partners India and Lightspeed US. Udaan was launched earlier this year by Sujeet Kumar, Vaibhav Gupta and Amod Malviya, former senio…
Start Up India
Micro VCs best match for fund-starved start-ups
Delhi-based small fund Quarizon is in the last leg of closing its second round of capital raise of `20 crore to give startups a fillip to their humble beginnings. Quarizon has just finished deploying its first fund of Rs12 crore across eight startups in need for seed investments. The funding sque…
Brigade Enterprises partners Microsoft & Intel to mentor & benefit start-ups
Brigade Enterprises, one of the leading real estate developer in India, recently launched the country’s first real estate focused accelerator program. The accelerator will mentor startups whose products or services can be used in the real estate industry across various domains be it Residential, …
Bosch India launches first accelerator programme to mentor start-ups
Technology and engineering solutions company Bosch India launched its first accelerator programme for start-ups called DNA – ‘discover, nurture and align’ — to gain a foothold in the country’s booming start-up market. This is first time Bosch would be working with ex…
Edtech Start-up VoLT raises an undisclosed amount of seed funding from YMS Mobitech
An EdTech Startup VoLT has raised an undisclosed amount of seed funding from YMS Mobitech, a tech-based distribution company. VoLT (Vocabulary Learning Technique), a product of Edutainment Spearheads, simplifies vocabulary learning process using Creative Teaching Methodologies, ‘Law of Associatio…
Dubai-based Cocoon Ventures to invest $20 mn in Indian start-ups
Dubai-based venture fund Cocoon Ventures is planning to invest around $20 million in Indian startups in the areas of IoT (internet-of-things), robotics, and agriculture. The year-old fund, which is a consortium of 25 high profile Gulf Arabs, is also collaborating with US and Turkey-based accelera…
Currency Switch Impact | TechProcess & NumberMall to bring cashless payments to kirana shops
TechProcess Payment Services, an electronic payments company, said on November 21 that it has partnered with NumberMall, an app-based payments platform for small merchants, which will enable 30,000 kirana shops to accept cashless payments. NumberMall connects the kirana shops to manufacturers and…
Currency Switch Impact | New entrepreneurs dominate small hydrocarbon fields auction
India received bids for about 34 of the 46 small oil and gas blocks offered in an auction that ended on November 21, mostly from local private companies, many of them new entities venturing into the hydrocarbon industry under a liberal contractual regime that the government offered to woo investm…
Online home services start-ups create a new generation of entrepreneurs
Mumbai: For Priya Rakesh Sanath, there was little time left after 12-hour workdays. Or money. For two-and-a-half years, the 26-year-old toiled at a beauty parlour in the Mumbai suburb of Goregaon, working six days a week to earn Rs5,000-6,000 a month. There were no Diwali holidays or time to cele…
32 tech start-ups to participate in Startup Bridge to boost M&A
To boost mergers and acquisitions in the Indian startup ecosystem, 32 established technology startups will participate in Startup Bridge, an event to forge long-term relationships with Fortune 500 companies, eyeing mergers, acquisitions and partnerships with these companies. A highly-curated list…