Online automobile e-commerce platform Droom has raised USD 20 million (nearly Rs 130 crore) in latest funding round led by Integrated Asset Management (IAM) and existing investor, Digital Garage. The fifth round of funding also saw participation from other existing institutional investors Lightbox, Beenos and Beenext. “The funds will be used to strengthen the technology […]
Thousands of startups open and shut every year, forced by a fiercely competitive environment. Below are 6 differentiators that will help you stay above the crowd and prove yourself a winner:- Tell a Captivating Story People love stories and to draw them to yours, you must ensure that they understand where you are coming […]
Commerce and Industry Minister Nirmala Sitharaman has urged the Members of Parliament (MPs) to consider setting up co-working spaces or incubators for startups in their constituency. In a letter to the MPs, the minister has asked utilising the Members of Parliament Local Area Development Scheme (MPLADS) funds for such initiatives. “This step will promote the […]
Mumbai based food startup Authenticook raises grant of Rs 1.45 crore (200,000 euros) from Booking.com. The funding will be use to increase the number of cities covered by four-times to up to 40 by end of 2018. “We are present in nine cities now and expect to increase this to 35-40 by the end of […]
Goods & Services Tax (GST) is a consolidated, consumption based tax which will be levied on the supply of goods and services at a national level. It will combine major taxes like excise duty, CST, octroi, service tax, and VAT (value added tax) etc. into a single tax called GST, which will come into effect starting July […]
HUG Innovations, a technology startup has raised USD 5 million in series A Funding at the Live Instant Funding organised at the second edition of The Indus Entrepreneurs (TiE)- The Guardian Angel here. “Out of the four startups which pitched their idea to pin-up investors HUG Innovations succeeded in raising USD 5 million (Rs 33 […]
Fincash.com, a startup in the personal finance space in India has raised a round of funding from a number of industry stalwarts and HNI investors. Fincash.com focuses on the money market space in India for retail investors and seeks to get customers onboard with its solutions that it provides to potential investors. “Today, the folios […]
The government will come out with three new policies, including electronics manufacturing and data protection, as part of its efforts to make India a USD 1 trillion digital economy in a few years. Speaking after a two-and-a-half hour meeting with Indian tech industry captains, IT Minister Ravi Shankar Prasad today exuded confidence that India is […]
Fintech firm MoneyTap today said it has raised USD 12.3 million (over Rs 78 crore) from Sequoia India and existing investors, NEA and Prime Venture Partners. “With this fresh funding, MoneyTap plans to solidify its leadership position by improving credit accessibility for other segments of customers, partnering with six other banks and NBFCs and expanding […]
Around the world, entrepreneurs will create over 100 million new startups per year. With such a staggering number of businesses creating products across hundreds of industries, you need a powerful way to differentiate yourself from your competitors around the world. While a unique product will help your startup stand out from the pack, developing a […]
NetApp today announced launch of NetApp Accelerator programme, the company’s first startup accelerator here, which will provide startups with access to productivity tools and networking opportunities with potential investors. The programme will provide an equity-free grant of USD 15,000 to these startups on completion of the programme, NetApp India Senior Vice President and Managing Director Deepak […]
The total valuation of late-stage, venture-backed private companies in the UnitedStates and Europe has exploded from a few dozen startups worth acollective $40 billion in 2010 to hundreds of firms thattogether are now worth almost $500 billion, according to a report released Thursday. The numbers show the magnitude of the recent trend in which the […]