Ranjan Kumar and I sit in an office above the streets of Bangalore. The golden afternoon light on the city outside contrasts with the neat blue-white of the space. I’ve just asked him about feelings, something that’s made him leap out of his chair in excitement and begin drawing on a board. “I ha…
Start Up India
Indian start-up launches wearable devises for fitness
Washington: Aimed at changing the regular fitness regimes with a combination of new-age thinking and technology, an Indian startup has announced launch of series of wearable devises and mobile health applications. The vision is to solve lifestyle disorders in youth due to lack of awareness and kn…
Sebi relaxes rules for angel funds to boost start-up funding
To give a fillip to start-up funding, the Securities and Exchange Board of India (Sebi) has relaxed its rules for investment by angel funds, including allowing them to invest in up to five-year old entities. Besides, the lock-in requirement has been reduced from three years to one year for angel …
TempoGO raises $825k in seed round
TempoGO, an Internet of Things (IoT) and SaaS solution for commercial transportation, has raised USD 825,000 in seed funding led by K2 Capital of Hong Kong. Over the last 12 months, the TempoGO solution has been used or over 1,800 inter-city trips in India covering 6.5 lakh kms for 300 clients in…
Freshdesk buys data integration firm Pipemonk
Freshdesk, a cloud-based customer engagement software provider, has acquired Pipemonk, a data integration platform that allows companies to synchronise and move data among multiple cloud apps, for an undisclosed amount. This is Freshdesk’s seventh acquisition in 16 months. The deal expected to he…
Start-ups serve India’s defence & profitably
Bengaluru: Last January, when Pathankot district in Punjab came under crossborder firing, the Indian army depended heavily on unmanned aerial vehicles (UAVs). The soldiers used them for border surveillance. Those UAVs were built by IdeaForge, a 100-people, Mumbai-based venture that was started in…
Logistics start-ups get FASTags to tackle cash crunch
Long-haul logistics start-ups like Rivigo and Truckola are installing FASTags on their fleet to enable automatic online payments at toll plazas, after the government’s move to demonetise high-value currency affected cash transactions and crippled movement at border check posts. FASTags are radio …
Fashion e-Commerce portal Fynd raises funding from investors
Fashion e-commerce portal Fynd has clinched an undisclosed amount of funding from Facebook executive Anand Chandrasekaran, Arvind Sports Lifestyle CEO Rajiv Mehta and Livspace Co-Founder Ramakant Sharma. Fynd optimises delivery time for online shoppers by sourcing products from the outlets neares…
Ratan Tata’s start-up bets
Ratan Tata invested in as many as 29 startups in the past two years through March 2016. He took minority stakes in 22 companies in fiscal 2016, three times more than the previous year when he chose seven to bet on, according to Tracxn Technologies, a data analytics company. Eight of the prominent…
Dedicated verticals come up to service start-ups
Over the last two years, Sameer Desai, Founder of Seagull Advertising and a 20-year veteran of the advertising business noticed a sharp rise in the number of startups coming to him for branding and marketing advice. “Initially, I worked with them through the ad agency but soon realised that…