India continued to rise in the Global Innovation Index (GII) rankings for the second year in succession, after four consecutive years of decline. In this year’s rankings released on June 15 in Geneva, India improved its position from 66 to 60. Year 2016, it had improved from 81 to 66. Its improve…
Tag: INSEAD
Indian start-ups must compete without protection: DSG Consumer Partners Asia Founder
The reluctance of venture capitalists (VCs) to fund non-tech businesses and consumer-focused products is largely related to “pace of scale”—it takes a very long time, often decades, for a non-tech consumer business to create a brand and become a market leader, says Deepak I. Shahdadpuri, founder …
Food start-up Faasos raises $6.3 mn from existing investors
Pune-based quick service restaurant chain and online food delivery company Faasos Food Services Pvt. Ltd. has raised Rs 41.4 crore ($6.3 million) from existing investors, filings with the Registrar of Companies (RoC) show. The investors who participated in this round included Ligthbox Ventures II…
Eruditus raises Rs 53 cr from Bertelsmann India in series-B round
Bengaluru: Eruditus Executive Education, a provider of executive education programmes, has raised $8 million (about Rs 53 crore) in a series-B funding round from Bertelsmann India Investments. The company plans to use the funds to add new programmes with the existing and new university partners a…