Bengaluru: Pimco Japan’s former Managing Director Makoto Takano has committed to invest Rs 30 crore in the Indian startup ecosystem through Gurgaon-based Green House Ventures (GHV) Accelerator. GHV , founded by Vikram Upadhyaya in 2014, funds and mentors startups between the incubation and …
Start Up India
Intercity truck aggregator Trukky to raise $500K in pre-Series A round
Intercity logistics marketplace Trukky is raising $500,000 (Rs 3.25 crore) in a pre-Series A funding round from existing as well as new angel investors, a top company executive told. Owned and operated by Trukky Logistics Pvt Ltd, the SME-focused, mobile-first intercity logistics services platfor…
Bangalore to host start-up festival
Bangalore: In a bid to put Bangalore amongst the top 10 startup places in the world, The Indus Entrepreneur (TiE) is organising a four-day Startup Festival in the city starting April 6. TiE is a non-profit global network of entrepreneurs and professionals dedicated to fostering entrepreneurship. …
36 proposals selected under ‘Start Up Chhattisgarh’ to set up units
A total of 3,858 persons have shared their start-up ideas under ‘Start Up Chhattisgarh’ programme out of which 36 ideas have been selected for setting up units which will be provided refund of all taxes deposited by them. The State Government has provisioned Rs 3 crore in the budget of fiscal yea…
Xiaomi wants to incubate hardware start-ups
Bengaluru: Chinese electronics company Xiaomi is looking to incubate hardware start-ups and wants to open more manufacturing units as it sees considerable potential in the world’s third largest consumer market. Lei Jun, Chairman and CEO of the multi-billion dollar privately held company, which ma…
SlicePay acquires Trustio, a P2P lending platform for college students
SlicePay, a Buy Now Pay Later fintech startup which enables college students to avail everyday products and services at flexible monthly payments has acquired Trustio, a New Delhi based P2P lending company giving alumni-backed loans to students and recent graduates, which was backed by Axilor Ven…
When ‘tourist’ investors pour money in start-ups
I’m taking you on a nostalgia trip. Remember the olden days (2016), when it seemed outlandish investments in technology startups were a thing of the faraway past (2015)? Snap out of it. Just look at the headlines of the past few weeks. China’s on-demand ride king Didi Chuxing is consi…
How a start-up can take steps with a mentor
I got “wings to fly” from IBM, says Sandeep Singh Kolhi, Co-Founder of a patent searching and analytics tool Xlpat. The US tech major mentored the tool, apart from offering infrastructure, training and hosting the platform on their cloud. “With IBM technology and services aiding us, we could focu…
Kerala start-up to build floating solar plants in Malaysia
Kozhikode: The solar energy startup company which had set up the state’s first floating solar power plant at Banasura Sagar reservoir in Wayanad has made an ambitious overseas foray by signing a memorandum of understanding (MoU) to build floating solar power plants in Malaysia. The agreemen…
Quadria Cap to invest $40 mn in Healthcare At Home India
Noida-based home healthcare services provider Health Care At Home India Pvt Ltd will raise $40 million (Rs 250 crore) from healthcare-focused private equity firm Quadria Capital Advisors Pvt Ltd. “We have committed to a milestone-based investment of up to $40 million in Health Care At Home India,…