Bengaluru: Infosys Co-Founder and Aadhaar architect Nandan Nilekani is teaming up with venture capital investor Sanjeev Aggarwal to set up an investment firm that will back midstage startups, according to four people aware of the plans. The fund, with a corpus of at least $100 million, will consi…
Tag: ShopClues
Capital Float partners with Amazon India to disburse loans to e-sellers
Bangalore: Digital lending platform Capital Float has announced its partnership with Amazon India to disburse thousands of loans to e-sellers. The company – the only fintech startup to partner with the e-commerce giant – has also partnered with other leading online platforms including…
Gujarat-based CouponClue.com emerges as India’s top coupons site
New Delhi: CouponClue is a new Gujarati start-up that has recently emerged as one of the leading coupons site in India. India’s online coupons market is one of the most competitive niches in the country’s ecommerce sector. Like other companies in this space, CouponClue competes for th…
CashKaro | Cashing you for more e-shopping
If shopping is your favourite hobby then discounts and coupons are definitely your favourite words. CashKaro.com, a one stop savings destination for all online shopping, is here to help you compare prices and earn cashbacks for the shopaholic in you. “CashKaro is enabling our members to compare p…
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…
Capital Float to disburse Rs5k cr in SME loans in FY18
New Delhi: SME lending platform, Capital Float, disbursed Rs1,000 crore in loans during the 10 months ended January 2017, and it expects to disburse Rs5,000 crore in the next one year, said top executives of the company. Bengaluru-based Capital Float is introducing more loan products, increasing …
Digital drive tilts hike scale in favour of fintech start-ups
New Delhi: Financial technologies and learning solutions are this appraisal season’s winning bets at startups in India, where last quarter’s currency swap and the government’s visible drive toward digital transactions may help dislodge marketplace unicorns as bulge-bracket paymasters. The reversa…
IITs fourth largest producer of unicorn start-ups in the world
Chennai: If you aspire to create a billion-dollar business in India, one of the IITs is your best bet. Sage, a UK-based accounting and payroll company, stated this in a research released on January 28. In a study that lists universities that have produced the most unicorn founders, the Indian Ins…
Budget2017: A wishlist from India’s start-up entrepreneurs
This year’s Budget to be announced next month is expected to be a big one for startups which are reeling under the impact of demonetisation. The government may announce a string of initiatives to support them, including widening of the tax-free regime to five years from three years and faster pro…
Online lending platform Capital Float grows 400% in Delhi-NCR
Online lending platform Capital Float claims to have witnessed a 400 per cent growth in Delhi-NCR region in 2016 as over 1,000 SMEs availed loans on the platform. “Our disbursal volumes and values have skyrocketed in Delhi NCR in 2016. In the coming year, we are expecting a 500% rise in disbursal…