US-based social networking company LinkedIn is looking at buying Indian start-ups, has tweaked its India portal and with its new 800 seater office in Bengaluru, as it seeks to build on its India presence. India is currently the second biggest market for LinkedIn globally, with a user-base of 35 m…
Start Up India
Jugnoo acquires on-demand groceries venture SabKuchFresh; plans to enhance its delivery services business
SoCoMo Technologies, which owns and operates auto-hailing app Jugnoo, has acquired on-demand grocery venture SabKuchFresh, the Chandigarh-based company announced on June 2, 2016. The terms of the transaction were not disclosed, but in a company-issued statement, Jugnoo said the acquisition was ma…
SAP and CIIE to target investable regional startups in Gujarat, Rajasthan and Pune
Indian Institute of Management- Ahmedabad’s (IIM-A) incubator CIIE and global IT player SAP India launched second edition of startup accelerator to mentor and build capacities of 30 startups by 2017 by targeting regional startups. The accelerator program at Centre for Innovation Incubation …
Nandan Nilekani backed truck network start-up 4TiGO starts operations in six cities
Former Infosys CEO Nandan Nilekani and Accel Partners-backed truck network start-up 4TiGO on Wednesday announced commencement of operations in six Indian states, aimed at optimising goods transportation by bringing all stakeholders on to a common platform. The cloud-based technology platform with…
Hyderabad Angels invests Rs. 15 crore in 12 start-ups
Hyderabad Angels has committed investments to the tune of Rs. 15 crore in 12 start-ups in the financial year. “We have either deployed or are in the process of deploying the committed investments in the start-ups,”said Pradeep Mittal, Chairman. The network has about 100 investors from India, the …
1mg raises additional funds from HBM Healthcare Investments
1mg Technologies Pvt Ltd, a digital health platform start-up, 31th May announced an additional investment from HBM as a further addition to its recently closed Series B financing. The company did not disclose the amount raised. This is HBM’s first direct investment in a digital health company in …
Vahanalytics, a tech-driven start-up, raises seed fund through Venture Catalysts
Vahanalytics, a tech-driven start-up aimed at making Indian roads safer and better has raised $200,000 through Venture Catalysts (VCats), India’s seed investment and innovation platform. The investment was led by Vikram Lakhotia and Anirudh Damani of VCats. With driver less smart cars increasingl…
Yes Bank ties up with online payment solutions startup Click&pay
Private sector lender Yes Bank, has partnered with Click&pay, T-Hub’s portfolio company and a mobile-based payment solutions enterprise, to facilitate cashless, secure and flexible transactions for customers. As a part of this alliance, Click&pay will issue Yes Bank sponsored mobile…
Housing.com to achieve $10 mn revenue this fiscal year
Housing.com, which has risen over $ 100 million from various investors including Softbank and has restructured the business, today said it expects $ 10 million revenue in the current fiscal. Last November, it had decided to monetize its products as part of the restructuring exercise. “Housi…
Local movies run houseful at crowdfunding startups like Wishberry, Ketto
Actor Kunal Kapoor, who along with Varun Sheth cofounded crowd-funding platform Ketto, has been busy attending regional film festivals at Vishakhapatnam , Kolkata and Kerala. “We are trying to educate regional language movie-makers about this avenue of fund-raising,” said Sheth, Chief…