Former senior executives of InnoVen Capital, Ajay Hattangdi and Vinod Murali, plan to launch Alteria Capital, touted to be the country’s biggest venture debt fund with a corpus of Rs 1,000 crore. Alteria Capital will have a corpus of Rs 800 crore ($125 million) with a greenshoe option of ra…
Tag: Practo
Google deepens engagement with Indian start-ups via Sand Hill programme
Technology giant Google is deepening its engagements with startups in India and is working with a bunch of “high growth“ ventures as part of a global programme to mentor and deepen its technical engagement with the potential winners of tomorrow. Over the past year, Google has been working with In…
It is the beginning of start-up boom in India: Rajan Anandan, VP, Google India
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…
हेल्थकेयर स्टार्टअप प्रेक्टो ने 150 कर्मचारियों को नौकरी से निकाला
नई दिल्ली: ऑनलाइन हेल्थकेयर प्लेटफार्म प्रेक्टो ने अपने दस फीसद या 150 कर्मचारियों को हटा दिया है। कंपनी ने सालाना निष्पादन आकलन तथा अधिग्रहणों के कारण कर्मचारी अधिशेष होने के मद्देनजर यह कदम उठाया है। कंपनी के एक प्रवक्ता ने ईमेल के जरिए बताया, “कल हमारे 150 सहकर्मी बाहर अवसरों को तलाशने के लिए …
India’s start-up ecosystem in a correction mode: Trifecta Capital
Venture debt firm Trifecta Capital plans to invest across 15-20 startups during the current year with the deal size ranging from Rs 5 to 45 crore according to a top executive of the company. “We have made 18 investments in the last 15 months. Of the 18, we have committed about Rs 275 crore.…
The Nudge Foundation launches an incubator for non-profit ventures
The Nudge Foundation, a Bengaluru-based non-profit focused on poverty alleviation and which is backed by Nandan Nilekani, Tata Trusts and a host of industry bigwigs, is launching what is perhaps the first ever incubator to support non-profit ventures working towards pulling people out of poverty.…
Practo buys healthcare analytics firm Enlightiks
Healthcare services platform Practo Technologies Pvt. Ltd has acquired Enlightiks Business Solutions Pvt. Ltd, a healthcare analytics solutions firm, in a cash and stock deal. Established in 2012, with offices in Bengaluru and Charlotte in the US, Enlightiks owns a predictive clinical and computa…
Retail consumer-focused online start-ups from India now expanding overseas
The retail consumer-focused online start-up companies from India are now expanding overseas and getting into markets where similar opportunities exist. The online companies from healthcare, financial services and education sectors after establishing their presence in India are now expanding into …
Practo to add 65 cities in India, expand overseas in 2016
Digital healthcare platform Practo is intensifying expansion in key markets, including Southeast Asia, Latin America, the Middle East and eastern Europe besides adding 65 new cities in India during 2016. The Bengaluru-based firm claims it manages over 40 million appointments across 35 cities in I…
Rs 10,000 cr start-up fund to be force multiplier | Experts
The Rs 10,000-crore fund announced in the Startup India policy by Prime Minister Narendra Modi is expected to be the force multiplier that may boost investments many times into this segment, industry experts believe, even as the government plans to liberalise the regulatory environment for entrep…