Over $5.56 billion was invested across 452 Indian tech start-ups during the period January-June 2017. While in Q1 2017 about $1.46 billion was invested across 206 start-ups, Q2 witnessed 217 deals amounting to $4.1 billion in funding.
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Tag: SoftBank Group
Social start-up Haqdarshak secures angel funding
Nitish Kumar Releases Bihar’s Startup Policy, Announces Rs 500Cr Fund At the 4th Bihar Entrepreneurship Summit (BES), organised by Bihar Entrepreneurs Association, on March 21, Chief Minister Nitish Kumar released Bihar StartUp Policy 2017. Bihar is among the few states in India to have a startup…
Free markets are important for every economy: SoftBank MD
Free markets are important for every economy as it allows consumers to have enough choices and the only thing required in a country is to have a level playing field, said Deep Nishar, Managing Director, SoftBank Group. He also added that Indians should not be worried about other people ‘eating ou…
e-Commerce cos fail to log profits, investors choke off fund flow
With most e-retailers unable to scale up quickly enough to turn profitable, investors are holding back on investments, reports Anushree Bhattacharya in New Delhi. Data released by Tracxn Technologies shows fund flows have slowed sharply with just $3.7 billion coming in between January and Novembe…
Flipkart’s Sachin Bansal looks to set up lobby group for Indian start-ups
Flipkart Co-Founder and Executive Chairman Sachin Bansal is talking to several Indian entrepreneurs and influential investors to create a lobby group that will represent the interests of Indian consumer Internet start-ups, three people familiar with the matter said. Bansal has approached Ola’s Bh…
OYO enters into partnership with ItzCash to build strong Omni-channel presence
OYO, India’s largest branded network of hotels announced a strategic partnership with ItzCash, India’s pioneer and the largest player in the digital payments space, to tap the next 500 million underserved Indian consumer segment. The tie-up will facilitate effortless payments for hotel-bookings a…