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…
Start Up India
Realty-tech start-up ZippServ gets seed funding
ZippServ, an online platform that provides risk assessment services for real estate investments, has raised Rs 2.5 crore ($390,000) from a clutch of investors, the startup’s co-founder told VCCircle. Sudeep Anandapuram declined to reveal the investors’ identity saying only that the investors are …
Innoven Capital provides young teams & start-ups with mentoring & investing opportunities
InnoVen Capital started out as SVB India Finance in 2008. The objective was to build a venture debt business which would offer venture capital firms and their portfolio companies the ability to access alternative forms of capital. They were excited to see the growing vibrant entrepreneurial envir…
Enterprise software start-up Innovapptive raises funds from Hyderabad Angels
Houston, Texas-based enterprise mobile software startup Innovapptive Inc. has raised $1.5 million (Rs 9.6 crore) from angel investor network Hyderabad Angels. The company will use the capital to strengthen its sales and marketing teams, accelerate product innovation and ramp up customer acquisiti…
Investors give ‘fit-tech’ start-ups a clean bill of health
Ahmedabad: In these difficult times for startups, when they are downing shutters in droves, fitness technology firms have caught the eyes of investors and many of them have successfully raised funds to tap into the Rs. 95,000 crore Indian market in this segment. With growing rage of fitness among…
Too many start-ups, not enough funds in the flow!
As India’s start-up sector matures and becomes busier, entrepreneurs are finding that money is flowing a little less freely. In the first quarter of 2017, deal-making slipped 47.45 per cent from the same period a year ago, according to financial research platform VCCEdge’s latest Startup Deal Rep…
Get ready entrepreneurs! SAIF Partners plans to invest in 10 new start-ups
Venture Capital firm SAIF Partners which was the early backer in companies such as MakeMyTrip, Paytm and Swiggy is likely to make at least 8-10 new bets during the current year, according to a top executive. “Historically we must have done 8-10 investments in a year. It will go at the same …
Logistics start-up Fortigo raises $10mn Series A from existing investors
Trucking logistics start-up Fortigo Network Logistics Pvt Ltd has raised about $10 million in Series A funding from existing investors Accel Partners and Infosys co-founder Nandan Nilekani, according to regulatory filings sourced from data platform Tofler. Fortigo co-founder Vivek Malhotra, who s…
India Innovation Growth Prog 2.0 to provide funding, incubation & business dev support to start-ups
Strengthening its commitment to foster innovation and entrepreneurship, the Department of Science and Technology jointly with the Lockheed Martin Corporation and Tata Trusts has recently launched the India Innovation Growth Programme (IIGP) 2.0. The programme that has been running since 2007, muc…
BNI holds business meet for development of entrepreneurship among start-ups & MSMEs
Noida: Business Network International (BNI), a leading business referral organisation, held a day-long event at hotel Radisson Blue on April 30 where representatives of 1000 plus businesses mingled amidst a small exhibition cum B2B (business to business) and B2C (business to customer) platform wh…