Tackling digital payments may seem daunting for a shop owner who has always operated with cash, Singapore-based Shopmatic has released a product that might help. Shopmatic lets users in India, Singapore, and Hong Kong build their own online stores, complete with a payment gateway. This month, the…
Start Up India
Chinese firms poised to take over from US cos as lead investors in Indian start-ups
If there were any fears that the rising protectionism targeted against India’s neighbours would inhibit the flow of Chinese investments into domestic startups, they are belied by the growing belief in the change of guard on the investment front. Investors from the Middle Kingdom are being a…
SMEs, start-ups have to digitise businesses, says Tata Teleservices VP (SME Operations)
Over time, SMEs have gradually learnt to embrace technology as they have realized the value of becoming tech-savvy. The newer generation of SME owners are now adopting methods that help in reducing costs and streamline operations. Tata Teleservices has been on the forefront in the enterprise spac…
TYGR secures $3 mn pre-Series A funding from Franchise India
Chennai: Logistics aggregator app TYGR, bagged its pre-series A funding of $3million, from lead investor, Franchise India, a franchise and retail solution provider and other investors. This fund will be utilised for marketing, product development, and to expand the franchisee-led distribution net…
Home utility brand Bonita raises funding from El Capital, others
Home utility products startup Bonita India has closed its first round of funding from El Capital, an offshore boutique debt structuring firm, and a clutch of individual investors. “The money raised in this round will be spent on brand-building exercises, investment in new product development and …
TeamIndus inks pact with ISRO; aims to raise $45 mn by October’17
TeamIndus has inked a commercial launch contract with the Indian Space Research Organisation (ISRO) for its mission to land a spacecraft on the moon as it attempts to win the USD 25 million Google Lunar XPRIZE. TeamIndus is the only Indian team competing for the Google Lunar XPRIZE that requires …
Silicon Valley seeks to benefit from India’s start-up growth
With India witnessing immense startup growth, the Silicon Valley has invited a group of top 30 Indian startups providing Software as a Service (SaaS) products at a global scale to establish links with Fortune 500 companies in the US. The event, Startup Bridge India, aims to raise awareness among …
Core Diagnostics raises Rs 84 cr in fresh funding by Fidelity investment arms
New Delhi: Specialised diagnostics services company, Core Diagnostics, has raised about Rs 84 crore in a fresh round of funding, led by Eight Roads Ventures and F-Prime Capital Partners, the proprietary investment arms of global asset management giant Fidelity International. Proceeds from the Ser…
Ericsson keen to mentor start-ups in India
Global ICT firm Ericsson said it is willing to extend helping hand to mentor start-ups in India. “The start-up economy in India is booming. In the next couple of years, it will be huge,” Ericsson India Global Services Managing Director Amitabh Ray told PTI on the sidelines of Infocom …
Mobile marketing app SlideApp raises $3.6 mn from Songhyun Investment
Mumbai: 42Company India Pvt. Ltd, makers of mobile marketing app SlideApp said it has raised $3.6 million in a series-A round of funding led by Songhyun Investment, a South Korean venture capital firm. The company will use the funds to expand for increasing user base, product development and mark…