Tag: SoftBank

Banks extend help to start-ups in need of credit

Mumbai: Private sector lenders HDFC Bank, Axis, IDFC, Kotak Mahindra and Yes Bank have started extending short term credit to meet working capital needs for Ola, Power2SME, Flipkart, OYO, Zinka, Capital Float, investment banker-turned-entrepreneur Fulguni Nayar-owned Nykaa and many others, throwi…

Cashing-in on cashless economy: Deskera to launch e-wallet for SMEs in India

At a time when India has been dragged to digital transactions, Deskera, a cloud-based integrated software firm is bullish on a cashless economy and has lined up a series of business strategies to enable small and medium-sized businesses (SMBs) in India to go cashless in 2017. Shashank Dixit, CEO …

VCs go back to basics, start-ups told to improve unit economics

After vying with each other to invest in start-ups at high valuations in the past few years, investors spent much of 2016 in cleaning up their portfolios, asking start-ups to reduce their cash burn, improve unit economics, and extend their runways (life). Several start-ups, which had no future, s…

Housing.com partners Tata Housing to develop digital platform

Realty portal Housing.com has tied up with real estate major Tata Housing to create an exclusive digital marketing platform for the sale of existing inventories and launch of new projects. Housing.com and Tata Housing have formed a partnership as part of which the realty portal would “offer…

How India’s top start-ups are expected to perform in 2017

2016 was a year of rationalisation for Indian startup sector as most big investors spent cautiously unlike in 2014 and 2015 when it saw a new high in terms of irrational investments. In 2016, companies in sectors such as food-tech and hyperlocal logistics who were sustaining operations on externa…

Venture capital shift from growth to early-stage funding

There are early signs of an uptick in start-up funding but at the same time, venture capital (VC) funding is changing. It is moving from growth stage to early-stage; from consumer to enterprise (b2b), to those offering SAAS (software as a service) or artificial intelligence (AI). Several start-up…

SoftBank & its uneasy ties with India’s start-ups

Those listening in on SoftBank Group Corp.’s second-quarter earnings briefing would have picked up an interesting anecdote in the question and answer session with founder and CEO Masayoshi Son. Back when Uber was still quite small, Son passed up a chance to invest in the San Francisco-based cab-h…