The total number of start-ups in the NCR is 4,218 but guess what, Gurgaon is not topping this list. While Noida contributes to 20 per cent of the total number, with 784 start-ups, Delhi still has the lead with 45 per cent — concentrated mostly in South and Central Delhi. Nationally, Gurgaon comes…
Tag: Xeler8
मुश्किल में फंसीं स्टार्टअप्स कम्पनियां, सैकड़ों एंप्लॉयीज की छंटनी के आसार
इंडियन स्टार्टअप सेक्टर को और जॉब लॉस का सामना करना पड़ रहा है क्योंकि करीब आधा दर्जन मझोले आकार की कंपनियों ने कॉस्ट घटाने और कैश बचाए रखने की कवायद के तहत सैकड़ों एंप्लॉयीज को छंटनी के नोटिस जारी किए हैं। कंपनियों को आने वाले दिनों में और मुश्किल हालात का सामना करना पड़ सकता […]
…
Funding freeze puts start-up hiring in cold storage; Up to 50% drop in recruitment
BENGALURU: The prolonged funding winter bearing down on Indian start-ups could leave several companies with bare branches. Hiring at start-ups this year has dropped by 10-50%, according to recruitment companies that hire for start-ups. This is particularly true for e-Commerce, logistics, grocery …
Chinese fund ZDream acquires Xeler8
Chennai: Chinese accelerator and venture fund ZDream Ventures has acquired 100% stake in Gurugram-based Xeler8, an intelligence platform providing startups database to venture capital and private equity firms. The terms of the deal remain undisclosed. For the Chinese VC, this is the third in Indi…
Entrepreneurs turned investors grow the Indian start-up ecosystem
India is today the third largest startup ecosystem in the world, behind the United States of America and Israel. A young and educated population, strong support from the government, a large and Internet-connected consumer base and presence of venture capital investors have led to the creation of …
Start-ups see 6% dip in Q3 deal activity
Dry season for startups continues to become drier, as funding activity has further reduced with total number of deals struck in Q3 amounting to 291, a 6% reduction compared to the previous quarter, says data from Xeler8, a data cruncher that works using machine learning and analytics. “Surp…
288 start-ups cumulatively raised $1.36 bn in Q3
Investors continue to adopt a “cautious approach” regarding start-ups as investments declined to USD 1.363 billion in the third quarter of 2016, start-up tracker Xeler8 said. According to data by Xeler8, a total of 288 start-ups have cumulatively raised USD 1.363 billion in the third …
RBI highlights steps for growth of entrepreneurship & reduce start-up mortality
In a bid to make work environment more start-up friendly and ease regulations, the Reserve Bank of India has said that it will soon consult with the Centre and implement the recently announced proposals on start-ups. This includes permitting start-ups to access rupee loans under the External Comm…
Startup merger and acquisitions surge on funds crunch
As venture funding slows down, startups seem eager to sell themselves off. This is showing up in a surge in Mergers & Acquisitions (M&As). In July, there were as many as 36 M&As, almost twice that in June and about three times the January and February numbers, according to data from s…