Chinese smartphone maker Xiaomi Inc., the world’s second-most valuable start-up, made its first publicly-disclosed investment in India in April of 2017. It led a $25 million round in online entertainment company Hungama Digital Media Entertainment as part of its strategy to introduce local conten…
Start Up India
Starting a new business? Make sure you have these legal paperwork before getting investors on-board
The new wave of Indian enterprise has taken the country’s young blood by storm. The government has created a vibrant entrepreneurial ecosystem, thanks to Startup India, and now anybody can dream of owning a business. However, in recent times, we have seen some start-ups had to shut their do…
Ayesha Takia turns investor for The Good Life Company; Bets $1 m
Online luxury tea brand The Good Life Company has secured $1 Mn in Seed funding from husband-wife duo Ayesha Takia Azmi and Abu Farhan Azmi. The startup plans to use the raised funds to strengthen its operations in Mumbai and to expand services in Tier I cities like Delhi, Bengaluru, and Kolkata.…
Fintech start-up PaySense gets $5.3 m in Series A
Bengaluru: Fintech startup PaySense, which runs a digital credit platform, has raised $5.3 million in its Series-A round, led by Jungle Ventures with Naspers Group and Nexus Venture Partners. The startup had earlier raised $2.3 million from Nexus Venture Partners and angel investors in 2015. PayS…
Startup India: Centre needs to think scale like it did with Aadhaar
Digital India, Startup India and Make in India are synonymous in some sense as the visible thrust from the government has raised awareness and focus on startups. Within months of the government coming to power in 2014 there was a complete change in sentiment. Last year, IDG Ventures India saw 2,8…
WannaCry ravage: Cyber security start-ups come to rescue
Chennai: As ransomware WannaCry ravage continues, cyber security start-ups look to beef up security systems of their clients. While DSCI and Nasscom issued a “best practices” note on May 15, security experts are issuing alerts, monitoring communications 24/7 and developing patches to …
Unethical business conduct a major reason for Indian start-ups’ failure: IBM
Almost two-thirds of 100 venture capital (VC) investors — 64 per cent — polled in an IBM study claim ‘unethical business conduct’ is a major reason for start-ups failing in India. In response, entrepreneurs and industry experts argue that the issue is not so much to do with “unethical business co…
Fintech start-up Telr raises $3 m
Chennai: Mumbai-based fintech startup Telr has bagged Series-B funding of $3 million from Innovations East, a fund managed by people with experience in marketplaces and online payments. Founded in 2014, Telr is a payment gateway aggregator of multiple payment methods like cards and online banking…
5 tips on building your start-up’s brand identity
We often talk about branding being an important business activity, but a brand is one of those words which is used leisurely by almost everyone but no one truly understands what it really means. When we talk about branding, it is never about your company name nor it is about how pretty the logo i…
Kstart invests in AI-based chatbot start-up Vernacular.ai
Kstart Capital, the seed program of Venture Capital firm Kalaari Capital, has invested an undisclosed amount in Vernacular.ai, a multilingual artificial intelligence platform for businesses. The start-up, which was founded by three IIT Roorkee graduates- Sourabh Gupta, Akshay Deshraj and Manoj Sa…