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…
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Ratan Tata’s start-up bets
Ratan Tata invested in as many as 29 startups in the past two years through March 2016. He took minority stakes in 22 companies in fiscal 2016, three times more than the previous year when he chose seven to bet on, according to Tracxn Technologies, a data analytics company. Eight of the prominent…
Indian start-up ecosystem lucky to have Ratan Tata’s support: Ola Founder
Mumbai: Amid the corporate war raging within Tata Sons, which has also highlighted Ratan Tata’s work as angel investor in startups after his earlier retirement in 2012, startup founders have come out in strong support of the Tata scion. Ratan Tata-funded cab aggregator Ola founder Bhavish A…
Smartbox in talks to raise $10 million
Delhi-based start-up Smartbox, which provides online shoppers with a secure way to pick up their parcels from ATM-like terminals at a convenient location and time, is in talks to raise its first round of funding of $10 million from domestic and international investors. With an installed base of 1…
Snapdeal is acquiring GoJavas for faster delivery
Snapdeal is preparing the framework for a complete acquisition of GoJavas, the online marketplace’s primary delivery partner in which it holds a significant minority stake, according to two people familiar with the early discussions. It is yet unclear how much Snapdeal is willing to pay for…
Ratan Tata picks stake in e-ticketing start-up Kyazoonga
Chairman Emeritus of Tata Sons, Ratan Tata, has continued with his investments into India’s burgeoning start-up space. On June 10, he announced an investment into e-ticketing company Kyazoonga, without disclosing the financial details. Together, Tata has now crossed over 30 investments in start-u…
Start-ups will mature this year, says Mumbai Angels
Ishan Singh has a few buzz words and inflection point is one. He will repeat it until he is blue in the face because he believes in it. Singh, part of the Mumbai Angels network, believes the start-up community has reached an inflection point where it has evolved and will see smarter companies wit…