Sequoia Capital India strikes a discordant but optimistic note when it says 2016 will be of a “wonderful vintage” and a great year to make new investments in startups. Armed with its largest India-focussed fund of $920 million (Rs6,100 crore), raised this year, Sequoia is scouting for…
Start Up India
Self-drive rental business startups may overtake taxi-booking apps
While the Uber and Olas of the world are busy upping their game in the $8-billion taxi-rental market, there is another parallel industry selfdrive car rentals which though nascent is growing at a fast peg. In the last one year, at least a dozen-odd startups have sprung up in the space — MiCar, Se…
Start-ups could benefit from Madrid route of trademark filing | DIPP Survey
Start-up ventures with quality, innovative products could immensely benefit by going for international registration of their product trademarks through the Madrid route, as this move prevents similar or closely aligned products from being developed in overseas markets by the competitors. Accordin…
13-Year-old Akshat Mittal creator of odd-even.com sells his company
Thirteen-year old Akshat Mittal creator of Oddeven.com, which matches individuals to potential ride-share or carpool in the direction of their commute, has sold his company to carpool app Orahi.com for an undisclosed amount. The site was developed and launched in December 2015 by the standard 9 s…
Red Hat mulls more investments in startups to push growth
IT firm Red Hat is actively looking at investing in start-ups working on innovation, infrastructure and open source technologies to further accelerate its growth in the country. Red Hat, which has invested in start-ups in India and Israel, is also expanding its workforce in the country to cash in…
Mobile players like SnapBizz, Goodbox welcome new e-Commerce guidelines
The new e-Commerce guidelines have boosted the growth prospect of upcoming mobile e-Commerce players that connect brick-and-mortar merchants directly to customers. Players like Orderr, m1-Order, Goodbox and SnapBizz say that the new e-Commerce guidelines have created a level playing field for you…
Engineering college sets up business incubation centre
S.A. Engineering College, Chennai, has set up an incubation centre for entrepreneurship development on its premises. The centre functions in association with the Ministry of Micro, Small Medium Enterprises, the Bharatiya Yuva Shakti Trust, the Confederation of Indian Industry, ITCOT, EDI, SIDCO a…
India’s first organic fast food brand ‘Yumbox’ launched in Gurgaon
Gurgaon based Divyat Infotech announces the launch of India’s first Organic Fast Food provider ‘YumBox’. The YumBox will offer wide range of healthy organic fast food items like Burgers, Pizzas, Green Salads, Wraps, Rolls, Sandwiches, and Rice bowls, Paranthas, Pasta and Smoothies among oth…
The football mind launches a football e Commerce portal
Rapidly growing football networking portal The Football Mind has officially launched an E- commerce section on their web portal. With an ever growing interest for the game, the Football Mind has augmented networking of football in India and the world. This integrated e-commerce portal will avail …
South Asian diaspora matchmaking app Dil Mil raises $2.7 million
Despite frosty fund raising scenario, matchmaking continues to be hot as matrimonial app for South Asians, Dil Mil, on March 31 said it has $ 2.7 million in its Pre-Series A round from a clutch of investors. The money would be used to experiment and harness emerging technologies and expand the pr…