Mumbai-based e-Commerce fashion platform Fynd has raised $500,000 in a follow-on Series A funding round from Silicon Valley-based Rocketship. Rocketship is an early-stage venture capital fund investing in companies using models built through data science. The firm’s founders, Venky Harinarayan an…
Tag: Rohit Bansal
Bootstrapping, another way to build a start-up
There’s a meme floating around Bengaluru’s start-up circles that neatly captures the zeitgeist of the community. In it, a crudely drawn map segregates the city’s neighbourhoods based on the technology companies they house. Well-funded start-ups occupy the trendy enclaves of Koramangala and Indira…
Indian start-ups should focus on sustainability, stop chasing Unicorn tag
The next company that is being greenlighted to enter the prestigious Unicorn club of startups is Oyo Rooms, a SoftBank-backed budget hotel aggregator. Founded by 21-year-old Ritesh Agarwal in 2015, the company is reportedly in talks with the Japanese SoftBank to raise about US $300-500 million. I…
Year in Review: Kunal Shah of FreeCharge biggest angel investor in 2016
Top 10 corporate leader-turned-angel investors, including Anupam Mittal, Ratan Tata and Mohandas Pai, tightened the strings of their investment purses this year, putting their money in only 60 deals. Last year, the top 10 investors in the country had put their money in 209 deals, according to the…
Healthcare e-Commerce portal Netmeds acquires Pluss
Healthcare e-Commerce portal Netmeds on November 24 said it has acquired Pluss, a mobile app for medicine deliveries in Delhi and Hyderabad, in an all-stock deal. Financial details of the deal were not disclosed. Pluss users can upload a photo of their prescription and have medicines delivered ho…
Kwan Entertainment buys 85 per cent share in Gigstart
Celebrity management firm Kwan Entertainment & Marketing Solutions has acquired 85 per cent stake in Delhi-based entertainment startup Gigstart for an undisclosed amount. It plans to operate Gigstart as a marketplace-cum-discovery platform for the creative community. “We are investing i…
Snapdeal establishes its data sciences centre in California
Snapdeal, India’s largest online marketplace, has established its data sciences centre in San Carlos, California, the New Delhi-headquartered company announced on May 30th 2016. The centre will act as the focal point for the online retailer’s efforts in big data and advanced analytics…
Pluss ties up with Patanjali
Hyperlocal delivery startup for medicines and healthcare products, Pluss, has tied up Patanjali Ayurved, the consumer products company, Co-Founded by Yoga guru Baba Ramdev. As per the terms of the partnership, Gurgaon-based Pluss will sell Patanjali’s range of fast moving consumer goods pro…