Online marketplace for wedding vendors and services, Weddingz.in, has raised an undisclosed sum from consumer-focused venture capital firm Sixth Sense Ventures, the second such funding raised by the company in less than two months. Proceeds from the pre-Series a round will be used by the year-old…
Start Up India
Top 10 Angels give wing to 425 Startups
India’s top 10 angel investors — call them archangels — have supported and helped build 425 Indian startups over the past 10 years, according to estimates by startup database Xeler8. That’s a significant figure, given that the startup ecosystem is still in its infancy, and reflects th…
Startups choose debt row over death by equity dilution
As private equity and venture capital investors are tightening and consolidating their investment portfolio in the startups space, an increasing number of startups are getting sensitised with the new emerging `funding climate’ and are too looking towards debt funding to avoid further equity…
B2B startups warm up to SMEs
Even as various e-commerce companies and organised retail run mega sales promotions in a bid to outdo each other, it’s the neighbourhood kirana store that’s been caught in the crossfire. This is what prompted Sahi Sani, a Traditional Distributor, to look into whether technology could …
Raising funds, tapping talent may get easier for start-ups
Taking the Start-up India drive a step ahead, the Companies Law Committee has laid out a bunch of recommendations that specifically address issues relating to start-ups, in its draft recommendations submitted on February 1. At present, the fund raising limits for start-ups during the initial five…
Start-Ups must come up with ideas for manufacturing sector | Nirmala Sitharaman
Start-ups in India should look at high knowledge areas such as core sciences and space technology, said Minister of State for Commerce and Industries, Nirmala Sitharaman. Addressing a gathering of around 300 delegates, which included members from the Indian Electronics and Semiconductor Associati…
Walmart Labs seek Indian tech to drive its e-commerce
Global retail giant Walmart is looking to engage more with Indian startups as it seeks access to innovative technologies for its e-commerce and supply chain operations through collaborative partnerships or even acquiring them. The global retailer operates around 11,000 stores and has 240 million …
NxtGen targets 5,000 virtual conferencing rooms
IT infrastructure services company NxtGen Datacenter & Cloud Technologies is targeting to sign in at least 5,000 virtual conferencing rooms for its pay-as-you-use video conferencing service VCEverywhere, as it aims to make video conferencing more affordable to small and large companies by pay…
Start-up Zapasya launches Career Counselling app
Career counselling too can be an app away now. Thanks to Zapasya. The city based start-up has come up with a mobile app based career counselling service. Christened Talenjaro, the app has been developed by Indus Net Technologies. This application has been designed to offer a real time communicati…
BSE Institute ltd, announces launch of new zone for startups
BSE Institute Ltd, a wholly owned subsidiary of BSE Ltd, announced the launch of a new accelerator for startups. This accelerator is housed in the iconic P.J.Towers the home of BSE, Asia’s oldest and the world’s fastest stock exchange. This has been setup as a technology based incubator under the…