There was a time in India when being an entrepreneur got you really sad looks, and a hopeless marriage profile. Then the Silicon Valley found its second home in India, with Bangalore being the first choice, and saying that you were the founder of a ‘startup’ became the new cool. What started in t…
Start Up India
Instamojo targets 1 mn small & medium businesses by 2018
Indian on-demand payments and e-commerce platform, aims to expand its current merchant base of 250,000 to 1 million by next year. Instamojo has successfully increased the number of merchant registrations on the platform by 106% and has witnessed a 150% growth in new merchant activations in the la…
Capgemini charts out plan to engage with fintech start-ups
Hyderabad: When it comes to financial technologies, smaller IT firms and start-ups are coming out with solutions that are phenomenally changing the way people carrying out their financial transactions. The big IT firms have long released this. Capgemini, the French multi-national IT consulting fi…
FastFox.com raises Rs 30 cr in Series A funding
FastFox.com has raised Rs. 30 crore from Lightspeed India Partners, Blume Ventures, CyberAgent Ventures and others, in Series A financing. FastFox.com is India’s tech-enabled rental brokerage company. The company plans to invest the funds to improve its technology solution, perfect its service d…
Agri-marketing platform Ninjacart raises $5.5 mn
Chennai: B2B agri-marketing platform Ninjacart on April 10 said it has raised Rs 37 crore ($5.5 million) in series B funding from investors, including Accel Partners, Nandan Nilekani’s NRJN Trust, Mistletoe, Qualcomm Ventures and M&S Partners. Ninjacart, which about 1,000 farmers sell f…
Gujarat to now promote cow-oriented start-ups
Gandhinagar: After enacting the stringent new cow protection law, the Gujarat BJP government plans to launch cow-oriented startups, aiming to promote cow-based industry in the state. These will conduction activities ranging from professional cow rearing to sale of products like cow milk, ghee, ga…
Olympic wrestler Sushil Kumar puts weight behind Sports Flashes
New Delhi-based India Sports Flashes Pvt. Ltd, which operates sports content app Sports Flashes, has raised an undisclosed amount in fresh angel funding from wrestler and Olympic medallist Sushil Kumar, and Global Edusports Ventures’ Sandeep Singh, a company executive. The startup will use the fu…
SaaS start-up Omnify gains funding from Rajan Anandan, others
Global SaaS platform for SMEs, Omnify has secured $150K from Rajan Anandan( VP, Southeast Asia and India, Google); L.D Sharma (CEO, Shoogloo Group and MD, Optimise Media Group, India); and Saurabh Arora (founder and CEO, Airwoot). The round also saw participation from a few investors via Let’s Ve…
Odisha signs MoU with Startup India Hub & InvestIndia to promote Startup Odisha
The startup culture in India has been rapidly shaping into a phenomenon, and with PM Modi propelling the movement with the launch of the Startup India initiative; there is a significant push for the cause by state governments across the country. Odisha government has now joined the movement, deve…
FinTech start-up Capital Float gets funding from Mahindra’s NBFC arm
Capital Float which is a digital lending startup has managed to raise $2.3 Million (Rs.15 Crore) from Mahindra and Mahindra Financial Services through non-convertible debentures (NCDs). Previously, in January 2017, Capital Float have raised had raised Rs.17 Crore from IFMR Capital Finance through…