Although the food tech sector is grappling with slowing sales and high attrition, hyperlocal AskMe Grocery is looking to scale up. Ankit Jain, founder, AskMe said that the firm proposes to expand operations from 35 cities to 70 cities by March, 2016. “Expanding the business in tier II and tier II…
Tag: SoftBank
Modi to unveil Action Plan for Start-up India on Jan 16
The government will kick-start the “Start-Up India, Stand-Up India” initiative with Prime Minister Narendra Modi unveiling the Start-up Action Plan on January 16. This will be a government’s New Year gift to “young people” who want to set up new businesses or innovative projects, highlighting th…
Indian start-ups raised $5.5 billion (Rs 36,000 crore) during 2015 |VCCEdge
Indian start-ups raised $5.5 billion (Rs 36,000 crore) from Venture Capital (VC) firms and angel investors in 1,096 deals during 2015, as they looked to participate in the country’s economic growth story, according to VCCEdge, the research arm of online publisher VCCircle that tracks start-up fun…