TeamIndus has inked a commercial launch contract with the Indian Space Research Organisation (ISRO) for its mission to land a spacecraft on the moon as it attempts to win the USD 25 million Google Lunar XPRIZE. TeamIndus is the only Indian team competing for the Google Lunar XPRIZE that requires …
Tag: Ratan Tata
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…
Start-up mantra: Network to succeed
Moving from London to Delhi to launch their start-up Cash-Karo.com — with virtually no contacts or network to speak of — wasn’t easy for Rohan and Swati Bhargava. From there, they’ve come a long way to receiving Series A funding from VC fund Kalaari Capital by 2015 end and having Ratan Tata come …
How Nestaway is helping millennials find a PG accommodation
The task of finding a house on rent in a big city is a daunting one for working singles, especially in India, where working singles are not always welcome. Thousands of listings and no suitable options. Most of the online rental services fail to impress. Poor hygiene, old appliances, waterlogging…
Eye on start-ups: IIMB has cutting-edge lessons in entrepreneurship for company founders
Rajiv Srivatsa, Co-Founder and Chief Operating Officer of online furniture retailer Urban Ladder, holds an MBA degree from the prestigious Indian Institute of Management Bangalore. Part of the institute’s 2002-2004 batch of approximately 200 students, Srivatsa was awarded the gold medal as the be…
Moglix is trying to use technology to disrupt the traditional distribution channels for SMEs
Small and large enterprises have to procure industrial products from 100s of suppliers. Moglix, a business-to-business (B2B) e-commerce start-up, is trying to use technology to disrupt the traditional distribution channels for industrial products. Recently, the B2B start-up which specialises in p…
Ratan Tata backed Moglix raises Rs 28 cr from Accel Partners, others
B2B e-Commerce start-up Moglix has raised Rs 28 crores in Series A round of funding led by Accel Partners with participation from Jungle Ventures and SeedPlus. Moglix had raised Pre-Series A funding from Accel Partners and Jungle Ventures in October 2015 and an undisclosed financial investment in…
Ratan Tata invests in wearables maker GOQii
New Delhi: Adding one more to his start-up funding list, leading industrialist and serial investor Ratan Tata has invested in virtual fitness coaching platform GOQii. The size of the funding was, however, not disclosed. The company, which is a leading player in the Indian wearables market, is bac…
Tata Tele sees more business opportunities in SME segment
Tata Teleservices sees bright opportunities in SME enterprise solutions (ICT offerings), with the potential to nearly double its growth trajectory to 25-30 per cent in the coming years. The optimism for such high growth curve stems from the huge headroom available for growth in the Small and Medi…
Ratan Tata invests in food-tech start-up IdeaChakki
IdeaChakki, a food-tech venture, has raised money from Ratan Tata. The Delhi-based start-up, however, did not disclose the quantum raised. The company also partnered with Enablers for their next round of funding. The start-up provides digital video menu for restaurants and allows customers to gif…