Starting up just to make money is the wrong reason for start-ups, said panellists at IIMBue 2016 – summit hosted by the Alumni Association of IIM Bangalore. Participating in the panel discussion on ‘Un-Tabooing of Wealth’ by Kunal Shah, Founder & Chairman, FreeCharge; Aprameya Radhakris…
Start Up India
Media start-up ScoopWhoop acquires Touchfone Technologies
Media startup ScoopWhoop has acquired Touchfone Technologies for an undisclosed amount in a cash-and-stock deal. As part of the deal, Touchfone Technologies Co-Founders Mahesh Subramanian and Brahmayya Akella will be appointed as ScoopWhoop’s Chief Technology Officer and Chief Integration O…
Digital payment start-ups unaware of high security risks: FireEye
As India embraces a cashless economy, there has been a sudden spurt in new mobile wallet companies — but most of these start-ups are setting up digital shops without knowing the cyber risks involved, a top executive from US-based cyber security firm FireEye has emphasised. This is a dangerous tre…
Start-ups bring spas for cars right to doorstep
Pune: If the growing number of car-care companies is anything to go by, cars need just as much pampering as people. These companies offer everything from car-washing to maintenance and mechanical repairs. A few ‘waterless’ car-wash facilities in fact saw their business boom during the…
Why start-up nationalism in India makes sense in the age of Trump
Why did the US-led Allies win the Second World War against the Nazis? Sir Ian Jacob, an aide of the war-winning British Prime Minister Sir Winston Churchill, famously replied, “Because our German scientists were better than their German scientists.” In India’s new startup war involving global wan…
Property start-up NoBroker raises $7mn to connect home owners with buyers & renters directly
NoBroker, the India-based property startup that wants to make property agents obsolete, has landed $7 million in fresh funding to expand its service. The company connects property owners with prospective buyers or rental tenants directly with no need for a broker, as the name suggests. NoBroker c…
Accel creates programme to help portfolio firms in India get Valley talent
S T S Prasad had moved to the US in 1986 for a master’s degree in computer science, and then had several stints, including at Sybase, Junglee, Amazon, and WalmartLabs, the last of which he had helped launch. At some point during his WalmartLabs days, he felt the desire to stay closer to his paren…
How India’s Demonetisation is affecting its start-ups
On November 8, Prime Minister Narendra Modi made a televised announcement on the government’s decision to withdraw 500 and 1000 rupee notes that were in circulation in the Indian economy. This huge gamble on notes that accounted for 86% of the value of currency in circulation left a majority of c…
Mental healthcare an untapped chance for start-ups
Goa: Given the stigma that surrounds it, mental health is often ignored or at best given a step-motherly treatment. Mental health experts and information technology entrepreneurs argue that technology has the potential to make significant (and cost-effective) contribution to mental healthcare, es…
IBM, Nasscom set up tech hub for start-ups
Global IT major IBM and Nasscom have teamed up to build a digital platform for start-ups to network with the ecosystem. To be hosted on IBM Cloud, the platform Techstartup.in helps start-ups, investors and venture capitalists and mentors to keep in touch with each other in Hyderabad. “We have lau…