With the median age of 27, India has the largest number of youngsters and the Google chief says that they’re born digital with a growing insatiable need for the internet. When it comes to the internet, the growing tribe of emerging businesses on the internet can’t be ignored. Anandan feels that t…
Start Up India
Axilor Ventures inducts 20 start-ups in its fifth accelerator batch
Bengaluru: The startups span across five sectors – consumer internet, enterprise, artificial intelligence, healthcare and fintech. Axilor, whose programmes include accelerator, scale-up, and early-stage funding, counts Senapathy ‘Kris’ Gopalakrishnan and SD Shibulal of Infosys, …
BigBasket eyes Rs 500 cr revenues from HoReCa segment
From the modest kitchens of middle-class homes to the pantries of India’s 5-star hotels, bigbasket has now established itself as the preferred grocery partner for all. In what can be called another milestone, bigbasket clocked Rs 100 crore annualized turnover by Mar 2017 from its B2B food s…
SaaS platform Omnify raises funding from Google India MD
Software as a Service (SaaS) has been an emerging technology in today’s world supporting many applications. SaaS technology is the part of cloud computing that provides many business applications like payroll processing software, enterprise resource planning (ERP), human resource management (HRM)…
Dr Mohan’s raises Rs 66 cr in Series A round
Chennai: Diabetes hospital chain Dr Mohan’s Diabetes Specialities Centre has raised Series A investment of $10.23 million (Rs. 66 crores) led by Lok Capital advised Growth Fund – the third fund from Lok – and Evolvence, a private equity firm. The chain, which started operations …
Travel-tech start-up ScoutMyTrip raises seed round
ScoutMyTrip Pvt. Ltd, which runs road-trip planning startup ScoutMyTrip, has raised an undisclosed amount in seed funding from co-working space and accelerator Z Nation Lab, a top company executive told. The startup will use the funds to expand the team and develop sales and marketing strategies.…
Startup Cricket League: The ‘IPL’ for start-ups
Kochi: That India is a cricket-crazy country is known. Seeking to connect the participants in a startup ecosystem with each other informally, SaiKiran Gunda founded Startup Cricket League (SCL) in 2015. Being part of the startup space for a few years now, SaiKiran realised the necessity of connec…
Sebi may ease AIF regulations for start-up investments
Mumbai: A committee set up by India’s stock market regulator, the Securities and Exchange Board of India (Sebi), to encourage investments in so-called alternative investment funds (AIF), which invest in start-ups and other young companies, will likely recommend a lower investment threshold for ac…
Start-up Jhakaas offers tech-based tools to bring SMEs close to customers
Small and medium enterprises (SMEs) in India find it difficult to meet the demands of consumers due to limited access to sophisticated technologies such as Big Data analysis and machine learning. This is exactly where a handful of tech start-ups are looking to chip in, with technologies tailor-ma…
SaaS start-up Squad raises $2.1 mn from Blume Ventures, others
San Francisco- and Delhi-based software-as-a-service (SaaS) startup Squad, earlier known as SquadRun, has raised $2.1 million in a fresh funding round led by early-stage investor Blume Ventures, a company statement said. Contrarian Capital, 91springboard, Emergent Ventures, Abstract Ventures, Ant…