Indian Angel Network, the country’s oldest and largest angel investor group, has invested an undisclosed amount in DesignBids, an online marketplace for architecture and interior design services. While the terms of the transaction were not disclosed, IAN Members Ambarish Raghuvanshi and Ari…
Start Up India
JustDoc gets seed funding
JustDoc, a healthtech startup, has raised seed funding from TracxnLabs, T.V. Mohandas Pai, Mohit Saxena (Co-Founder, InMobi), Raghunandan G (Co-Founder, TaxiForSure), Singapore Angel Network and others. JustDoc, enables patients to do video consultations with doctors via its website. Earlier this…
Malaysia’s MaGIC, Singapore’s Fundnel woo Indian startups
Bringing startups up to speed with business practices in South-East Asia, Malaysian Global Innovation and Creativity Center (MaGIC) will be picking out startups in India for its four month-long accelerator programme. This is MaGIC’s first stop in India as the Malaysian Ministry of Finance b…
ERP startup SpiderG launches e-invoicing app for SMEs
SpiderG, a startup based in Pune, has launched an e-invoicing app for SMEs as part of its ERP product offering. The app enables companies to create, send, and receive invoices, purchase orders, and other such documents online, and have organized communication over these transactions. It provides …
Buildzar raises $4 million from Puneet Dalmia
Buildzar.com, a Gurgaon based marketplace for home construction and home renovation, has raised $4 million from individual investor Puneet Dalmia in pre-series A funding. Puneet is the MD & CEO at Dalmia Bharat Limited and an MBA from IIM Bangalore. He was the Co-Founder of JobsAhead.com (lat…
VC investments in Non-Tech firms surge in 2015
There is nothing new about Venture Capital (VC) funds globally investing outside technology businesses. But, this is now getting traction in India. When Sequoia invested in craft-beer company Bira91 this month, it only accentuated the trend that saw record investments of $1.9 billion in 2015 acro…
Start-ups seek PM intervention on net neutrality woes
The net neutrality debate in India goes back to December 2014 when Airtel decided to charge separately for Internet-based calls but withdrew the plan later after facing protest. Hundreds of startups including bigger players like, Zomato, Cleartrip, Paytm and their employees on January 25 approach…
States to come out with start-up policy
Encouraged by the Centre’s StartUp India initiative, several states including Uttar Pradesh and Chhattisgarh are planning to come out with their own policies to promote budding entrepreneurs. States like Kerala, Tamil Nadu and Karnataka have rolled out their respective policies and more are…
China bet big on India’s Digital Startups
The drought is turning into a deluge. For years, Chinese investment in India remained a trickle — $1.2 billion between 2000 and September 2015, which was only 0.47% of the total Foreign Direct Investment inflow. While China became India’s largest trading partner in 2008, investment flow fro…
GREX to steer Rs 150 crore funding for startups, SMEs
Investment platform GREX expects to channelise funding of Rs 150 crore to start-ups and Small and Medium Enterprises (SMEs) in the country this year, a top company official said. Also, by March this year, the company is hopeful of helping about 10-12 start-ups and SMEs raise Rs 20-25 crore. ̶…