Healthcare technology start-up Idea Bubbles has raised Rs 4.5 crore in equity funding from 1Crowd and Eureka Forbes along with its parent Shapoorji Pallonji & Company. “Idea Bubbles…has recently raised Rs 4.5 crore (about USD 700,000) in equity funding from early stage funding pla…
Start Up India
Candor inks pact with B’luru Metro for biz incubation centre
Candor Management Services announced that it has signed a definitive agreement with Bangalore Metro Rail Corporation to set up a new business incubation centre at the ‘Namma Metro’ Trinity Station. Branded “candorHUB”, the centre will nurture startups in bringing their inn…
Idea Bubbles raises Rs 4.5 cr from Eureka Forbes, 1Crowd
Healthcare technology startup Idea Bubbles today said it has raised Rs 4.5 crore in equity funding from 1Crowd and Eureka Forbes along with its parent Shapoorji Pallonji & Company. “Idea Bubbles…has recently raised Rs 4.5 crore (about USD 700,000) in equity funding from early stag…
Flipkart’s Sachin Bansal looks to set up lobby group for Indian start-ups
Flipkart Co-Founder and Executive Chairman Sachin Bansal is talking to several Indian entrepreneurs and influential investors to create a lobby group that will represent the interests of Indian consumer Internet start-ups, three people familiar with the matter said. Bansal has approached Ola’s Bh…
Start-ups can raise $3 mn via ECBs annually: RBI
The Reserve Bank permitted startups to raise External Commercial Borrowings (ECBs) of up to USD 3 million in a financial year, a move aimed at boosting innovation and promoting job creation. The borrowing should be denominated in any freely convertible currency or in Indian Rupees (INR) or a comb…
SREI launches digital marketplace iQuippo for infra sector
City-based Srei Group on October 27 announced launch of iQuippo, a digital marketplace startup for construction equipment machinery and services. “iQuippo is an independent markeplace model for construction equipment and this is the first of its kind. This is an e-commerce startup from Kano…
India will be home to 10,500 start-ups by 2020: Nasscom
India has emerged as the third largest start-up base and such ventures are poised to grow 2.2 times to reach 10,500 by 2020 despite a perception that the ecosystem in the country has slowed down in the last year, says a report. India is in the third position just behind US and UK, and nearly [&he…
Start-up investment down 18% this year
The funding spree in Indian start-ups has slowed this year, with less of big-size investments, says a Nasscom-Zinnov report for 2016 on the sector. Indian start-ups could attract $4 billion (Rs 26,700 crore) of investment this year, an 18 per cent decrease from last year’s $4.9 bn. “Funding in qu…
Gujarat to host Indian Textile Sourcing Exhibition
Gandhinagar, the capital of Gujarat, will host the Indian Textile Sourcing (ITS) exhibition. The three-day event will kick off from February 16, 2017. This display will be the largest textile sourcing event in South Asia. A premiere of the exhibition displaying various textile materials will be h…
Medikoe teams up with health & fitness app Growfit
Chennai: Medikoe, an online medical platform providing value-added offers on healthcare & wellness products and services, has tied up with health and fitness app Growfit. The Growfit app is a chat-based coaching app that connects users all over India to experts for seeking advice on topics re…