Crossahead, a hiring tech startup for artists run by Dialport Solutions Pvt. Ltd, has raised an undisclosed amount of seed investment from Indian cricketer Mohit Sharma, according to a press statement. The platform allows consumers to search and hire professional artists. The Noida-based company …
Start Up India
Demonetisation Effect | Fintech start-up Capital Float opens its coffers for small merchants
Amidst cash chaos and consequent surge in digital payment due to government’s demonetisation drive, a Bangalore based digital lending firm for small and medium enterprises (SMEs), Capital Float has decided to offer quick and easy loans to small merchants. The fintech startups has partnered with P…
Demonetisation Effect | Tech start-up Unocoin launches mobile app to buy & sell Bitcoin on the go
Amidst surge in digital transaction after Prime Minister Narendra Modi demonetisation drive, Bangalore based technology startup Unocoin which deals in bitcoin, has launched mobile app for both iOS and Android devices to help consumers buy, sell, send, receive and store bitcoin all in one place, f…
Nasscom to set up start-up warehouse in Odisha
Bhubaneswar: Software think-tank National Association of Software and Services Companies (NASSCOM) would set up a startup warehouse in Odisha that aims to incubate and provide hand-holding support to IT startups in the state. The state government would provide a 5,000 sq ft space in the Odisha Co…
Back to square one: Funds drying up for start-ups
After two years of hyper growth fuelled by a funding boom, India’s startup sector is busy getting back to the basics. And as these enterprises get ready for the new year, the glass looks more half full than half empty compared with the year gone by. Data from startup researcher Tracxn show …
Education loans firm Shiksha gets funding from Michael & Susan Dell Foundation, Aspada
Chennai-based school financing company Shiksha Financial Services India Pvt. Ltd has received about Rs 6.7 crore ($1 million) from The Michael & Susan Dell Foundation along with Aspada Investment Company, said a statement. Shiksha Finance provides loans in the range of Rs 0.5 to 10 million (…
Digital economy on the rise, funds flow for cybersecurity start-ups
Bengaluru: When Vishal Gupta started Seclore, an enterprise security company in 2010, investors and customers were apprehensive. There was till then no established model of an Indian software provider in the cybersecurity space. “We had trouble establishing trust,” Gupta recalls. Gupt…
Online events platform Hubilo secures angel funding
Ahmedabad-based events startup Hubilo Softech Pvt. Ltd has secured an undisclosed amount of angel funding from 12 investors, including Freshdesk CEO and Co-Founder Girish Mathrubootham, multiple media reports said. Hubilo will use the funds to develop its technology platform and grow its sales an…
Laundry start-up UClean raises seed funding from Franchise India
Gurgaon-based UConcepts Solutions LLP, which owns tech-enabled laundry service provider UClean, has secured an undisclosed amount in seed funding from franchise and retail solution group Franchise India, it said in a statement. The startup will use the funding to build more than 500 laundromats i…
Currency Switch Impact | Demonetisation powers online food delivery, grocery biz
While demonetisation may have led to a decline in sales of e-commerce firms due to the slowdown in cash-on-delivery orders, it has seen a rise in sales of companies which are into online food delivery business. For instance, foodpanda.in CEO Saurabh Kochhar said his firm has seen the number of or…