Thursday, May 2

Search Results for: startups

Woman Entrepreneur Writes to PM Modi Against Stayzilla Fraud

The woman proprietor of Chennai-based advertising Jigsaw Solutions, which was allegedly defrauded of Rs 1.69 crore by Stayzilla, today urged Prime Minister Narendra Modi and his government to address issues of funding and transparent business models at the earliest. Radha Shekhar, in a letter to Modi, said this was needed to avoid any suffering women […]

Govt Alters its Policy for Startup Funds

The government finally decided on Wednesday to alter its Fund of Funds (FFS) for startups to ensure better utilization of the provided resources. An initial corpus of Rs 1,000 crore was set up, but the tough rules had made their disbursal difficult. Realizing the difficult situations it created for startups, it is now decided to allow Alternate […]

Interior Design Startup Furdo Races to Profitability in Under 14 Months

Bangalore-based online interior design platform, Furdo, has achieved what most well-funded startups have struggled to achieve since inception – ‘Become Profitable’. Started with an angel investment of $400K, Furdo has been growing at an average of 30% month-on-month since April 2016, that lead to them achieving operational breakeven in September 2016. The key driver to […]

Startup Investment Firm K2 Global to Invest More in Paytm, Saavn

Start-up investment firm K2 Global, backed by Indian and Asian billionaires, is looking to increase its stake in online mobile applications Paytm and Saavn, which are among start-ups with strong growth market strategies in India. “We are looking to invest more in Paytm and Saavn,” said the Singapore-based investor Ozi Amanant, who leads K2 Global […]

Google India Inks MoU with Telangana Government

Google India and Telangana government have signed a Memorandum of Understanding (MoU) aimed at supporting the digitisation efforts of the state. Google India will provide Google Cloud credits and access to all cloud platform products to eligible startups engaged with Telangana government’s T-Hub initiative and through its Developer Relations team provide technical mentorship and advisory […]

Snap’s Shares Set For Trading Pop After $3.4 Billion IPO

Snap Inc’s in-demand shares were set to rally on their first day of trading in New York on Thursday, after the owner of the popular Snapchat messaging app raised USD3.4 billion in its initial public offering (IPO), above its price expectations. Early indications pointed to the shares opening up at between USD22 and USD24, after […]

Bicycle Sharing Startup Mobike Gets Funding From Temasek, Others

Chinese bicycle-sharing startup Mobike said on Monday it has raised funding in a new round led by Singapore state investor Temasek Holdings [TEM.UL] and hedge fund Hillhouse Capital, bringing its total new funding in 2017 to more than $300 million. The Shanghai-founded startup said last month it raised $215 million from a range of investors […]

Spice Digital Ties up With MoMagic For Mobile Ad Analytics

Telecom solutions firm Spice Digital today said it has partnered with mobile application marketing firm MoMagic Technologies to launch mobile advertisement analytics platform AdGyde. “The potency of the app market is enormous. Undoubtedly, for higher growth rates it is necessary to address the challenges app marketers and developers face..AdGyde Solutions will monitor analytical data of […]

Axilor Ventures Tie-up With PayU India as Industry Partner For Its Accelerator Program

Early stage fund, Axilor Ventures, bets on new opportunities around Fintech; signs up PayU India as the industry partner for its Accelerator Program. Axilor has recently announced doubling the intake for its Summer ’17 Accelerator Program. Fintech is one of the five focus areas for the cohort in the Summer ’17 batch. Together with PayU […]

Proposl.co -  A company Which Reduces Your Sales Cycle By 30%

In a world where it is hard to run after prospects and catch them, we were glad to come across Proposl, a new sales enablement platform, which can profile your customers on the basis of engagement and reduce your sales cycle. “The problem with online interactions lack of feedback. Unlike offline interactions, where a salesman […]