As per the Mint Report Shopclues an Indian E-commerce platform on Tuesday said it has raised a fresh round of funds led by sovereign wealth fund GIC Pvt. Ltd with participation from existing investors Tiger Global Management and Nexus Venture Partners, valuing the company at more than $1.1 billion. Though the amount has not been […]
Inspiring Schoolpreneurs Youngsters are increasingly realizing that entrepreneurship is an important tool for country’s economic and industrial development. Though not in a fast pace, but entrepreneurship is certainly spreading its wings incrementally. Entrepreneurship didn’t exists few years ago, but at this point of time, school students know about it and are willing to experiment with […]
Making it a year of startups, Indian and foreign investors have pumped in a whopping USD 8.4 billion in new Indian startup ventures, including e-commerce platforms in 2015 through close to 1,000 deals, even as questions have begun to be asked about their hefty valuations. Those opening the purse for Indian start-up s included industry […]
The Success of a startup depends on a brilliant idea as well as an inspiring leader. In fact, most of the times, it leans towards the leader because the ‘idea’ of the startup is taken for granted. For an angel investor or a venture capitalist, ‘idea’ or the business viability is a necessary condition to […]
Mobile wallet and e-commerce venture Paytm has acquired Near.in, a marketplace app that connects users with local businesses for home services. The Economic Times, which first reported the development, said the deal is valued between $1.5 million and $2 million. A formal press release on the announcement is expected shortly. he Paytm-Near.in deal is the […]
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. […]
Lesson #1: Investors love to make excuses on why they don’t want to invest When we first started pitching Crazy Egg, no investor would write us a check. It wasn’t their fault as my co-founder and I sucked at pitching. They all had different reasons why they didn’t want to invest. After getting over 20 […]
A few years ago, before the Internet was pervasive, before everyone carried a smartphone and before do-it-yourself software tools were available for free, it was difficult to reach a critical mass of new customers without spending a million dollars on a website, custom software and television advertising. Now you can match a big company with […]
New Delhi-based PML Solutions Pvt Ltd, which runs PickMyLaundry, a mobile platform that facilitates booking and delivery of laundry services, has raised $100,000 from Green House Ventures (GHV).
There are over 500 startup accelerators in the US and over 1000 worldwide. Most accelerators are aligned with Universities (at over 35%), some are government funded (local government mostly) at 29% and some (15%) get grants from rich individuals and institutions such as Kauffman Fund. The remainder (21%) are privately funded accelerators such as 500 […]
In January, I participated in the Chicago Booth Private Equity and Venture Capital Lab, where I had the opportunity to work with the great team at Second Century Ventures, a consumer and SMB tech focused VC based in Chicago, for 6 months. Having spent a considerable amount of time talking to entrepreneurs, sourcing deals, conducting due […]