Start-up e-commerce portal – Clipbyte.com said it is looking at raising around $2 million to fund its business needs. “We are exploring equity infusion at regular intervals as e-commerce business needs a quantum and consistent flow of funds. We are in the process of raising close to $…
Start Up India
Now, a start-up to track radio cab drivers
Recently, there were reports that the Karnataka government had imposed strict rules on app-based taxi aggregators and radio cab operators. A web-based tech news portal also reported that drivers will have to be trained once a year on safe driving skills. The number of hours the drivers put in wil…
TPG Growth looks to invest in Indian consumer internet start-ups
TPG Growth, an early backer of ride-sharing app Uber and home rental service Airbnb, is looking to invest in Indian consumer Internet start-ups, a company executive said. The fund will also partner with venture capital funds to invest in these companies. “We are looking to partner with some of th…
Tech Mahindra to launch startup garage for in-house entrepreneurs
In a first for a corporate entity, Tech Mahindra is all set to create a ‘startup garage’ for its in-house entrepreneurs. “Within our set-up, we have a number of companies that is working already. But we are about to launch a garage soon …ours will be the first corporate ga…
Ninjacart raises Rs 20 Crore, to connect farmers & brands to retailers
Ninjacart, an online platform that connects farmers and brands to retailers, has raised Rs 20 crore in a funding round led by Accel Partners. The round also saw participation from Qualcomm Ventures, Singapore-based M&S Partners and ZopSmart, the parent of online grocer ZopNow. The Bengaluru-b…
Official Start-Up web portal to be launched
Government will launch a portal for startups by next week and begin the registration process with a view to encourage budding entrepreneurs and promote ease of doing business, a top official said on March 5. Secretary in the Department of Industrial Policy and Promotion (DIPP) Ramesh Abhishek sai…
SEBI to soon announce measures for Start-ups
After getting an extension of one year, UK Sinha, Chairman of the Securities & Exchange Board of India (SEBI), is ready to unleash a number of announcements for start-ups. Though the board meeting, which is scheduled next week, will take decisions on tax incentives for alternative investment …
Uber to mentor start-ups
In sync with ‘Startup India’ initiative, app-based taxi-hailing service provider Uber on March 3 said it would mentor and help 10 start-ups with funding under ‘UberExchange’ programme. As many as 750 start-ups are participating in the programme. The company will host six l…
Aahaa.in raises Rs 6.7 crore from YourNest Angel Fund
Aahaa.in, an online platform for sourcing consumables for businesses, has raised about Rs 6.7 crore ($1 million) in pre-Series A round from YourNest Angel fund and a consortium of investors. The platform, which has been live for 16 months, currently works with Ashok Leyland, Wipro and other store…
Nanobi analytics helps clients make informed decisions
A Bengaluru-based startup is helping businesses, both small and big, to understand raw data to make informed decisions for as low as Rs 2,000 a month. It offers analytics ‘apps’ on a Google Play Store-like platform that clients can use as per their requirements. The idea struck Mahesh…