San Francisco- and Delhi-based software-as-a-service (SaaS) startup Squad, earlier known as SquadRun, has raised $2.1 million in a fresh funding round led by early-stage investor Blume Ventures, a company statement said. Contrarian Capital, 91springboard, Emergent Ventures, Abstract Ventures, Ant…
Tag: Deepinder Goyal
IITs fourth largest producer of unicorn start-ups in the world
Chennai: If you aspire to create a billion-dollar business in India, one of the IITs is your best bet. Sage, a UK-based accounting and payroll company, stated this in a research released on January 28. In a study that lists universities that have produced the most unicorn founders, the Indian Ins…
Food delivery start-up Swiggy posts 65 fold increase in losses
Bengaluru: Food delivery start-up Swiggy (Bundl Technologies Pvt. Ltd) posted a near 65-fold increase in losses for the fiscal year ended March 2016, indicating heavy cash burn and poor unit economics in food start-ups. Swiggy’s revenue rose to Rs 23.59 crore for the year ended 31 March from Rs 1…
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…
Nine startups join hands for an open net
Nine startup founders, including Zomato’s Deepinder Goyal, Paytm’s Vijay Shekhar Sharma, Mouthshut.com’s Faisal Farooqui and GoQii’s Vishal Gondal on Tuesday made a submission to the telecom regulator on the ongoing differential pricing paper consultation, urging it to pre…