Friday, April 19

Tag: IIT Delhi

Innovation Is The New Way Of Doing Things, Subramanian Swamy Told To IITians
Entrepreneurs Talk

Innovation Is The New Way Of Doing Things, Subramanian Swamy Told To IITians

BJP leader Subramanian Swamy has exhorted students of IITs to innovate, become entrepreneurs but never settle for a job which is how they can contribute to the nation's economy and make India a true global, economic and political power. The Need of Innovation "Students take engineering degrees from different streams and later pursue business courses in IIMs or some might settle down for a job. Now, to resolve India's situation, we need to understand that to become a global economic power, there are two possible ways. One is to follow steady growth by increasing capital and labour which is always associated with diminishing returns and less growth. But if one wants to jump growth curves, then the only way known in economics is through "Innovation" new ways of doing things", said Swamy whi...
25 Investors and 300 Entrepreneurs Participated in Venture Garage “Capitalize Funding Conclave” at IIT Delhi
News

25 Investors and 300 Entrepreneurs Participated in Venture Garage “Capitalize Funding Conclave” at IIT Delhi

On Friday 7th April , Venture Garage organized “Capitalize-Funding conclave ” at IIT Delhi which saw an overwhelming response with over 25 investors and 300 entrepreneurs attending the event. The event started with a panel discussion moderated by Rahul Narvekar, ex CEO of NDTV Ethnic and now CEO, Scale Ventures. Rehan Yar Khan of Orios Ventures who is one of the first investors in OLA Cabs was special guest of honor. Other panel members included Ravi Kaushik, Partner at Water Bridge Ventures, Ojasvi Babber of Amity VC, Girish Shivani of Yournest Angel Fund and Tej Kapoor of Fosun Kinzon Capital. These investors together have over $1 Bil to be invested in startups. The investors shared their views on the startup ecosystem and its outlook in the new financial year, why profitability ...
Healthtech Startup Idea Bubbles Raises INR 4.5 Crores Led by the IvyCamp Platform
FUNDING

Healthtech Startup Idea Bubbles Raises INR 4.5 Crores Led by the IvyCamp Platform

Healthtech startup Idea Bubbles has raised a Pre-Series A round of INR 4.5 Cr led by the IvyCamp platform. Idea Bubbles was founded in 2014 by IIT Delhi-IIM Calcutta alumnus and serial entrepreneur Gururaj Potnis. It has developed ‘Eureka Forbes Good Health’ (EFGH) platform that enables doctors to offer patients tele-consultation services underpinned with several offerings such as digitized medical records. Idea Bubbles has over 12,000 patients and 600 doctors on its roster and has completed 1,000 transactions. This fund raise was facilitated by IvyCamp, a Unified Innovation and Entrepreneurship Platform, that leverages the Global Alumni Networks to help entrepreneurs become successful. Eureka Forbes was one of the key investors which participated in this round facilitated by IvyCamp...
Snapdeal Partners IIT Delhi to Sell SmartCane Online
News

Snapdeal Partners IIT Delhi to Sell SmartCane Online

E-commerce marketplace Snapdeal today said it has partnered IIT Delhi and Phoenix Medical Solutions to sell SmartCane online, priced at Rs 3,500. SmartCane is an advanced version of the white cane used by visually impaired people and ensures independent mobility and safety of the user. As a part of the partnership, potential donors can also choose to donate SmartCane via Snapdeal Sunshine platform, where the product will be shipped directly to NGO partner Saksham that works for empowering persons with blindness. Using ultrasonic ranging, SmartCane helps predict above knee-level obstacles and therefore, ensures safety against collisions. The device is already used by nearly 10,000 people in the country. "We are confident that this product will be well received and our customers...
Dinesh Agarwal – Founder & CEO of IndiaMart, Also Invested in Little Eye Labs (acquired by Facebook)
Entrepreneurs Talk

Dinesh Agarwal – Founder & CEO of IndiaMart, Also Invested in Little Eye Labs (acquired by Facebook)

IndiaMart, a name heard by many, not only in India but all over the world. IndiaMART is an Indian online marketplace, serving since 1998 and based in Noida. The company have around 1.5 million suppliers listed on its website, with around 10 million buyers visiting the online platform every month. We recently met with the founder of Indiamart, Mr. Dinesh Agarwal at IIT-D where he motivated several students and yet-to-be entrepreneurs. Mr. Dinesh Agarwal is a very down to earth man, who knows how to do business. It is not just by his luck or ideas that helped him creating such a giant IndiaMart, but his will and passion for the same. We got the opportunity to ask him few questions about Indiamart and the current startup scenario in India.   Thank you so much Mr. Dinesh for this I...
Flashdoor Raises Money From Former and Current Flipkart Executives
News

Flashdoor Raises Money From Former and Current Flipkart Executives

Bangalore-based on-demand laundry service platform, Flashdoor, has raised an undisclosed amount in angel funding, led by former Flipkart executive Sujeet Kumar. Flipkart's Chief Business Officer Ankit Nagori and Tracxn Labs also participated in the round. Kumar was head of Flipkart's largest seller and its captive logistics business WS Retail Pvt Ltd, before quitting in May. Ankit Agarwal, co-founder Flashdoor Internet Services, said, "The investors joining the board would be mentors and would be instrumental in guiding the company in marketing, understanding strategy and raising money. The funding is expected to be invested in building core team and upgrading technology. The company would go in for another round of fund raising to support its plans to expand footprint across the ...
Oditty: Another ‘Facebook’ Exploring Answers
Story

Oditty: Another ‘Facebook’ Exploring Answers

Tuesday afternoon, I finish my lunch sharp at 1.48 PM as Bhuwan is scheduled to call at 2 o'clock. Bhuwan calls two minutes late and somehow I miss it. I check my phone anticipating the delay only to find his miss call. I call him back and he is having lunch. How unprofessional, I eat my instant reaction. (more…)