The speed of scaling up is one among the myriad challenges startups face today. Every now and then they are posed with the question of whether to launch in multiple cities at high speed to attain market leadership or to take a slow and steady pace of city-by-city launch to establish a strong base…
Start Up India
How start-ups can turbocharge global productivity growth
We have witnessed in recent years the emergence of technology start-up ecosystems across the world. New technology trends are reducing the costs as well as the barriers of access to markets and resources for developing technology start-ups. If in the 1990s, an entrepreneur needed $2 million and m…
Currency Ban Impact: Now locate ATMs near you through CashNoCash.com
To help cash-strapped citizens, Quikr and Nasscom have launched CashNoCash.com, the crowd-sourced site that helps users across India find the nearest ATM, bank or post-office to get insights on cash availability and waiting time in queues for cash exchange or withdrawal. It also offers users a ch…
Lifestyle brand managed by specially-abled people grabs funding
Delhi-based Atulyakala, a lifestyle brand managed by deaf artists and designers, bagged funding of Rs 30 lakh on the show The Vault. Rahul Singh, Founder & CEO, The Beer Cafe, expressed his interest in the business initiative which embraces the creative side of deaf artists and designers, inv…
Mobile social gaming company PlaySimple raises $4 mn
In a Series A funding round from SAIF Partners and IDG Ventures mobile social gaming company PlaySimple has raised $4 million. Founded in 2014 by former Zynga employees Siddharth Jain, Preeti Reddy, Suraj Nalin, along with former Walmart Labs engineer Siddhant Jain, PlaySimple has developed two g…
Refurbished furniture & appliance marketplace GoZefo raises Rs 40 cr
GoZefo, refurbished furniture and appliance marketplace has raised Rs 40 crore in a funding round that was led by venture fund Sequoia India. The company aims to spend the funds raised on its plan to tap the value-conscious online customer. Venture capital fund Beenext, launched by Japanese e-Com…
Active.ai raises $3 mn from Kalaari Capital, IDG Ventures
Singapore-based fintech startup Active.ai announced it has raised USD 3 million in funding from IDG Ventures India and Kalaari Capital. The investment will support the rapid growth of Active.ai to continuously advance its cutting-edge platform and build advanced artificial intelligence (AI) featu…
London woos Indian start-ups; key to growth, jobs post Brexit
London’s technology sector is wooing Indian startups and software firms, which are among the key drivers of growth and jobs for the capital city and the wider UK economy. “India is the second largest investor into London, after the US… Despite concerns over foreign investment in…
How edtech start-ups are helping teachers perform better
Raji Sarath has been teaching English on e-learning platform Vedantu for just over six months. In these six months, the Kerala-based teacher has taught students not just in India, but also from countries like the UK, Canada and the UAE. The experience has been a learning curve for Sarath as well,…
Chinese hardware accelerator HAX to invest in 10 Indian start-ups
HAX, one of the largest hardware accelerators and most active hardware seed investors in the world, plans to make at least 10 investments in India in the coming year. The company, that has already made its bets on two Indian IoT start-ups in recent months, wants to make as many investments in Ind…