The Hyderabad based ready-to-eat popcorn maker Popicorn has raised funding of ₹99 Lakhs from Avia Wealth, a London-based wealth management firm. Operated by Timla Foods Private Limited, Popicorn started in early 2016 by Prashanth Gowriraju, Arun Sahlam, N V Prasad and Naveen Alzapur. Arun is the previous founder of CarWale, an online platform for research, […]
After announcing a capital investment fund called ‘10100’ on May 7th intended for investment in startups, Travis Kalanick, former CEO of Uber Technologies sacked by his company in June last year is back on track in the entrepreneur world. My new gig… pic.twitter.com/vpD528cdyf — travis kalanick (@travisk) March 20, 2018 Kalanick announced today that he […]
Ananda, a dairy and dairy products manufacturer installed two company owned, company operated (COCO) retails in Kanpur, Uttar Pradesh. The company is currently targeting launching about 150 stores in the city by FY 2018-19 with an investment of over Rs 10 crore to deliver quality dairy and dairy products to a larger customer base. The […]
Customer engagement hub startup ZineOne has raised $2.5 million in a Series A round led by Omidyar Network & others. Other investors include Harvard Business School Alumni Angels, Touchstone Equities, as well as existing investors Hyderabad Angels and Golden Seeds. With this new funding, ZineOne is well positioned to lead the market in this emerging sector. The company intends to aggressively accelerate […]
In 2014, Xiaomi, the Chinese electronics and Software Company, stepped in the Indian market with an innovative market strategy in partnership with Flipkart, the country’s largest online retailer by launching the Mi 3. The model unveiling took place in a small hall with few journalists covering the event; a big contrast to the unveiling of […]
Alibaba, China’s leading e-commerce company will appoint one of its founders Lucy Peng as head of Lazada and also invested around $2 billion into Southeast Asia’s leading online shopping firm. The appointment and funding will use to expand the operations in the south-east Asia region. Alibaba is the leading investor in the Lazada group, owns 83% shares. Earlier […]
Mumbai based ready-to-cook meals delivery startup Fingerlix raises Rs 8.5 crore funding from Alteria Capital Advisors LLP. The funding is in venture debt and this is the first investment by Alteria capital. Founded by Ajay Hattangdi and Vinod Murali in October 2017, Alteria Capital announced that its receives Rs 356 crore on 1st March for the investment […]
Amazon’s best television shows attracted over 5 million people worldwide to its Prime shopping club by start of 2017, according to the company releases and reveal for the very first time how the e-commerce retailer fares in the online streaming industry. The documents also reveal that the American audience totals 26 million customers for all […]
India is now a clear contender to become the capital of startups. Foreign investment and governmental initiatives such as start up India are all driving forces encouraging and promoting the start up culture in India. In this article we are going to take a look at the ‘Top 5 most promising startups in India 2018’. […]
New Delhi: Bandhan Bank Ltd, an Indian banking, and financial services company headquartered in Kolkata received 42% initial public offering (IPO) subscription on the first day of bidding. On Wednesday, Kolkata-based Bandhan Bank raised Rs 1,342 crore from anchor investors and is looking to raise a total amount of Rs 4,473 crore from the public […]
Walmart Stores Inc. is set to become Flipkart’s largest shareholder as negotiations are being finalized. Walmart could buy around 20-26% stakes in the Indian company and improve its shareholding rights to 51% in tranches, according to reports. India’s biggest online retail company, Flipkart is luring the world’s largest brick-and-mortar retailer in its ranks before yet […]
The initial public offer of Indian govt led defence organisation Bharat Dynamics has subscribed 32 percent on the first day of bidding. The IPO to raise Rs 960 crore received bids for 72,49,970 shares against the total issue size of 2,24,51,953 shares, data available with the NSE till 1700 hrs showed. The portion reserved for […]