New Delhi: NowFloats, a location-based disruptive technology for online discovery that helps businesses get discovered, has registered impressive growth in the Delhi/NCR region. The innovative platform has grown to more than 38,000 live customers in the past 3 years, and is playing a pivotal role…
Tag: NCR
VC investments dip 21% in 2016; IT stays favourite segment
Venture Capital firms made 405 investments in India, worth $1.4 billion during 2016 as compared to 512 deals worth $2 billion in 2015, which is 21% lower in volume terms and 28% lower in value as compared to the all-time highs of 2015, according to a data from Venture Intelligence. With 304 inves…
Big setback for start-ups in India, investment plunge 44% in 2016: Study
Investments in start-ups declined significantly in volume (28%) and value (44%) in calender 2016. The deal sizes got smaller as angel and early-stage funding dominated and late stage funding took a backseat, said VCCEdge in its year-end analysis. In 2016, start-ups witnessed a 44.3% decline in in…
Tea retail chain startup Chai Point set to introduce IoT-enabled tea dispensing machines
Tea retail chain startup Chai Point is set to introduce IoT-enabled tea dispensing machines to corporate offices as the next step towards serving its product to office employees. “The company already has about 1000 semi-automatic dispensers across 100 companies, and the new product, called boxC, …
RI Networks Pvt Ltd announces broadband services under the brand name timbl
RI Networks Pvt. Ltd. June 14 announced the launch of its broadband services in Delhi/ NCR market under the brand name timbl. RI Networks holds a national category ‘A’ ISP license for internet services. The company will initially focus on providing broadband services (10 Mbps and hi…
Start-ups eye car servicing, spare parts retailing business
To tap the growing market of out-of-warranty/second-hand cars, start-ups are getting active in the car servicing and spare parts retailing space. These new players are also tying up with manufacturers to sell original spare parts. These start-ups use technology to form a marketplace that will con…
13-Year-old Akshat Mittal creator of odd-even.com sells his company
Thirteen-year old Akshat Mittal creator of Oddeven.com, which matches individuals to potential ride-share or carpool in the direction of their commute, has sold his company to carpool app Orahi.com for an undisclosed amount. The site was developed and launched in December 2015 by the standard 9 s…