The American Center here on Tuesday will host a seminar on the challenges faced by the start-ups in the renewable energy sector, an official said on March 27. Nexus, a newly established start-up hub at the American Center at New Delhi, would host the seminar. “Leading subject matter experts…
Start Up India
SaaS firm Capillary buys stake in CRM start-up Exclusife
Capillary Technologies Pvt. Ltd, a software-as-a-service provider based in Bangalore, said on March 28 it has acquired a minority stake in Noida-based customer relationship management services startup Exclusife Technosoft Pvt. Ltd. This partnership will help provide retailers and brands of all si…
Appworks acquires software development start-up Bigdrop
BigDrop is a Gurgaon based Startup, founded in the year 2016 by Engineering Graduates Sherjil Ozair and Naved Khan. It is a creative digital agency providing expert design and development solutions to brands. They work on software complexity providing solutions on Python, Django, Node, Angular, R…
Startup India & Start Up Nation (Israel) should talk to each other more: Israeli Ambassador
New Delhi: India and Israel are celebrating 25 years of diplomatic ties in 2017-18. Prime Minister Narendra Modi and his Israeli counterpart Benjamin Netanyahu are expected to exchange visits before the anniversary year closes in January 2018. In an interview, Israel’s ambassador to India Daniel …
Venture Catalysts invests $500K series A funding in fashion e-Commerce portal Fynd
Identifying promising business ventures and providing them with the right opportunity has become the trademark of investors at Venture Catalysts, Indian seed investment and innovation platform. The platform has now participated in Series A funding round of Fynd, the fashion e-commerce portal with…
In rat race with Zomato, Swiggy set to get $50 mn in fresh funding
Swiggy, the online food delivery startup, is currently in talks with potential investors to raise at least USD 50 million in fresh funding. Among the potential investors include South African media company Naspers and Chinese conglomerate Fosun International, two people familiar with the developm…
New maternity leave a worry for start-ups
New Delhi: The maternity bill, which allows leave for more than six months from the current three months, has thrown India’s startup community into a tizzy. While some startups hailed the development as a progressive step, many said they cannot afford the cost of hiring somebody, who may be…
PharmEasy raises Rs 111 cr in Series-B round
New Delhi: Mumbai-based pharmacy aggregator PharmEasy has closed a $17-million deal (around Rs 111 crore) in a series-B round by three of its existing venture capital investors, said a person aware of the deal. The funding indicates continued interest in the online pharmacy segment despite a repo…
Start-ups see M&A wave in 2017: Survey
Startups in India see a flurry of merger and acquisition (M&A) deals this year as both raising funds and staying afloat turn harder in what is increasingly becoming a highly competitive, profitability-focused market, shows a survey of startup entrepreneurs. The survey, based on responses fro…
Marketing automation start-up Wigzo raises funds for expansion
Bengaluru: Marketing automation platform Wigzo has raised an undisclosed amount of funding in a bridge round that was led by existing investor 3one4 Capital. The round also saw the participation from Aarin Capital, Advantedge Partners and a bunch of angel investors, including Arjun Sharma of Sele…