Mumbai-based e-Commerce fashion platform Fynd has raised $500,000 in a follow-on Series A funding round from Silicon Valley-based Rocketship. Rocketship is an early-stage venture capital fund investing in companies using models built through data science. The firm’s founders, Venky Harinarayan an…
Tag: Snapdeal
स्टार्टअप: छंटनी ज्यादा और रोजगार कम
अगर सूचना प्रौद्योगिकी (आईटी) के बाद ऐसा कोई क्षेत्र है, जिसमें बहुत अधिक लोगों की नौकरियां जा रही हैं तो वह स्टार्टअप एवं ई-कॉमर्स क्षेत्र है। अग्रणी ऑनलाइन मार्केटप्लेस, ई-ग्रॉसर्स, आईओटी यानी इंटरनेट ऑफ थिंग्स कंपनियां, ऐप आधारित कंपनियां, ट्रांसपोर्ट एग्रीगेटर आदि उन कंपनियों में शामिल हैं, ज…
Here’s how SoftBank plans to rejig the Indian online start-up industry
After ploughing about $2 billion into minority stakes in Indian e-Commerce businesses over the past few years, Japan’s SoftBank is upping the stakes, looking to play consolidator and take a more active role at a trio of leading start-ups. According to sources with direct knowledge of the ma…
Gurgaon may shine with big names, but Delhi homes more start-ups
The total number of start-ups in the NCR is 4,218 but guess what, Gurgaon is not topping this list. While Noida contributes to 20 per cent of the total number, with 784 start-ups, Delhi still has the lead with 45 per cent — concentrated mostly in South and Central Delhi. Nationally, Gurgaon comes…
Our special area of focus is traditionally underserved micro-entrepreneurs: Capital Float
In a long chat with Rohan Angrish, CTO, Capital Float, here is an understanding of how their online platform reduces the hassles associated with processing working capital requirements for SMEs in India. Edited excerpts: Q: Please tell us about your organization and how it plans to address financ…
MobiKwik looks to raise Rs 1k cr for expansion
New Delhi: MobiKwik, one of India’s leading mobile-wallet companies, is in advanced talks with about half a dozen lenders and mutual funds to raise as much as Rs 1,000 crore to finance its expansion plans that include the likely acquisition of a rival, three people familiar with the development. …
Why is it a good time to be an angel investor in India
I enjoy being an angel investor, and I believe this is the perfect time to be an angel in India. There seems to be a funding winter, and a lot of the institutional, seed-stage investor money which came from VCs has started to dry up, as evidenced by the Snapdeal and Stayzilla fiascos. VCs no long…
SoftBank sets eyes on several Indian start ups; likely to fund Paytm, Big Basket
Mumbai: Japan’s SofBank Group Corp, one of the world’s largest investors in startups, is considering major investments in upcoming Indian entities such as Paytm and online grocer BigBasket. The possibility comes on the heels of talks with Flipkart for a merger with Snapdeal, wherein SoftBank is a…
5 Cockroach ways for a start-up to light the beacon
Gone are the days of the highly valued and well-funded unicorn startups that leapt high but fell later. Having burnt their fingers with unicorns, investors are now shying away from them and turning their attention to cockroach startups that are slowly, but steadily focussed on building a robust b…
SoftBank pumps in Rs 1,675 cr in Ola
Japanese investor SoftBank has pumped in about Rs 1,675 crore in fresh funding in Indian transportation startup Ola to give it more muscle to take American rival Uber head-on. SoftBank subsidiary SIMI Pacific Pte picked 12,97,945 shares valued at Rs 10 at a premium of Rs 12,895 in ANI Technologie…