Digital contactless payments solutions firm ToneTag has raised funds from a group of IT industry veterans, including Mohandas Pai, Chairman, Manipal Global Education Services, T K Kurien, Vice Chairman of Wipro, Anand Chandrasekaran, former Snapdeal Chief Product Officer, Deepak Ghaisas, former i…
Tag: Mohandas Pai
Creating a skilled workforce
Prime Minister Modi shares the dreams and aspirations of a billion plus people of the country “to make India a global economic leader”. To make this dream a reality, Make in India, Digital India, Smart Cities, Startup India and Swachh Bharat programmes, among others, have been launche…
US-based online home-design startup Houzz sets up India ops
Online home-design startup Houzz has become the latest US-based internet major to set up India operations by appointing Sanjay Nadkarni as country head. Nadkarni, whose online babycare ecommerce startup Babyoye was acquired by diversified conglomerate Mahindra Group, joined Houzz few days ago. Ho…
Shaadi.com’s Founder finds Rs 3.34 crore match for Vebbler
Shaadi.com Founder Anupam Mittal has led a consortium of 16 investors to invest $500,000 (about Rs 3.34 crore) in Bengaluru-based camera and photo sharing app Vebbler. The investors included Sharad Sharma, Founder of industry think tank iSPIRIT, and Pranav Rai, son of former Infosys board member …
SIDBI readies money for more startup funds
The Small Industries Development Bank of India (Sidbi) is set to review ten proposals from alternative investment funds seeking a commitment of Rs 675 crore from the Fund of Funds for Startups (FFS) announced by PM Modi in the Startup India Action Plan. Sidbi’s Venture Capital Investment Co…
Indian Angel Network tops list of start-up funders
Seed and early-stage funding by angel investors has been the lifeline to entrepreneurs to start their ventures. And, leading the list of top 10 angel investors is Indian Angel Network (IAN), an early mover in the sector. Since January 1, 2011, IAN has done 61 investments followed by Mumbai Angels…
Ideaspring Capital aims innovation through ‘Startup Assist’ program
Ideaspring Capital, an early stage venture fund by entrepreneurs and for entrepreneurs, announced its official launch on April 28 in Bangalore. The INR 125 crore fund will focus on early-stage product innovation startups and entrepreneurs in India. Ideaspring Capital aims to bring sustained partn…
Licious raises $3 million from mayfield India
Bengaluru-based consumer food brand start-up Licious has raised $3 million in Series A funding from Mayfield India II Management, a global fund that has made investments in start-ups like Simplilearn and Amagi. The money will be used to spur product innovations by partnering with Executive Chefs …
Budget 2016 | Quotable Quotes
“Finance Minister spent a considerable amount of time in trying to address the rural distress and the difficulties being faced by the farmers. The emphasis on the budget on various schemes and ideas, which including for instance the linking of the MNREGA scheme to rural challenges, is very signif…
Angel Funding gains Tracxn with tech A-Listers joining in
Startup research platform Tracxn has raised a new round of angel funding from former UIDAI chairman Nandan Nilekani and former Infosys CFO Mohandas Pai, along with WhatsApp’s Neeraj Arora and Junglee Cofounder Anand Rajaraman. The startup said that the new set of investors will help it sell…