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Bengaluru Metro Will Now Be The Refuge Of Startups!

4Jul By RishabhNo Comments

News

Bengaluru Metro Will Now Be The Refuge Of Startups!

Finally, a good news for the entrepreneurs of Bengaluru, If you are founding a Tech based startup and are looking for a not too expensive office, Bangalore Metro is just the right place! The Bangalore Metro Rail Authority is inviting emerging businesses to set-up their offices in five of its stations, following the success of 'Rsmakerspace', Workbench Projects, that opened at the Halasuru station in February 2015. "It is not like Workbench Projects, which is renting out space (at the Halasuru metro station) on a monthly basis. These (startup) outlets will be proper offices." BMRCL currently has 31 operating metro stations from Baiyappanahalli to Mysuru Road and from Nagasandra to Sampige Road. Startups can bid for 31 office spaces of 100 sqft to 4,000 sqft at the Byappanahalli, Swam...

Sequoia Capital Backed Fashion Marketplace Startup Voonik Acquires 3 Startups

6Jun By AnkitaNo Comments

ACQUISITION

Sequoia Capital Backed Fashion Marketplace Startup Voonik Acquires 3 Startups

Voonik, a Sequoia Capital-backed fashion marketplace startup which is focused on curated fashion has acquired three startups to build its premium fashion product Vilara. Voonik is attempting to strengthen its leadership in the unbranded fashion segment largely via acqui-hires or team acquisitions of startups in niche fashion offerings. Bengaluru based Voonik has now acquired five startups in the past six months. It raised $5 million funding from Sequoia Capital and SeedFund last year. It has claimed $100-million run rate and is aiming to grow four-fold in GMV by the end of this fiscal. The three companies are online marketplace for designers and boutiques Zohraa, which has a 12-person team, the eight-person team at online silk store Picksilk.com and the nine person team at Styl, whic...

18May By PriyankaNo Comments

FUNDING

Bengaluru Based Bhive Co-working Space Raises $1million Funding

BHIVE Workspace, one of the well known brands in Bangalore’s startup ecosystem, has raised about $1 million in funding led by Blume Ventures. BHIVE Workspace is the largest co-working space in Bangalore catering to over 150+ ventures. With this $1 million funding, BHIVE plans to expand strongly in Bangalore while also establishing a presence in the top 6 cities of India. The funds will also be used to attract top talent, build technology that will further enhance customer experience and in turn position BHIVE as an undoubted leader in the office space market. Prior to this, BHIVE had attracted investments, from the likes of Raghunandan G (Founder, TaxiForSure), Rajesh Rai (Venture Capitalist and co-Founder, Venturesity), Arihant Patni (Managing Director, Hive Technologies), Sanjay M...

Apple Announced D&D Accelerator Center in Bengaluru, Zomato Founder said Excellent Opportunity

18May By AdityaNo Comments

News

Apple Announced D&D Accelerator Center in Bengaluru, Zomato Founder said Excellent Opportunity

Tech giant Apple on Wednesday announced a new initiative to support engineering talent and accelerate growth in India's iOS developer community. Apple CEO Tim Cook, who landed in India late on Tuesday said the company would establish a Design and Development Accelerator in Bengaluru, the home of India's startup scene. Tens of thousands of developers in India make apps for iOS, the world's most powerful mobile operating system and the foundation for iPhone, iPad and iPod touch. This initiative will provide additional, specialised support for them. Apple's team will work to inspire and instruct developers on best practices, help them hone their skills and transform the design, quality and performance of their apps on the iOS platform. "India is home to one of the most vibrant and e...

Bangalore Based Food Startup Swiggy Raised Rs 47 crore

10May By AnkitaNo Comments

FUNDING

Bangalore Based Food Startup Swiggy Raised Rs 47 crore

Online food ordering startup Swiggy has raised Rs 47 crore from existing investors Norwest Venture Partners, DST Global and Accel Partners. The value of Swiggy is now over Rs 865 crore or $130 million. Over the past few months, the company has also seen its order value basket size increased to Rs 375 per order. Close to 30% of these orders are cashless. Swiggy is also fulfilling close to 40,000 orders from the eight cities that it operates in including Bengaluru, Hyderabad and Delhi-NCR. The new round of funding gives the startup additional horsepower to go deeper into its core eight cities and maintain its market leadership position as it competes with other startups including Zomato and Runnr, to be formed after the merger of Roadrunnr and TinyOwl. Reddy explained that the compa...

A Coolie Son Launched Unmanned Shop, Where You Can Purchased Product & Pay Later

11Apr By NitishNo Comments

Story

A Coolie Son Launched Unmanned Shop, Where You Can Purchased Product & Pay Later

Company ID FRESH FOOD (INDIA) PVT. LTD. Value Proposition High-quality, 100% natural, fresh,ready-to-cook food Revenue Rs 100 Crores Funding Rs 3 crores (approx. $450,000) from Sequoia in 2013 Rs 35 crores (approx. $5.2 million) from Helion Ventures Team Size 800 Customer Base Sells products in 8 cities across two countries Growth 10X every four years; More than 60% growth in 2015 Founder and CEO Musthafa PC iD Fresh Food, the ready-to-eat food company founded by IIM-B al...

Stunning Office Pictures of BHIVE Workspace in Bengaluru

10Mar By NitishNo Comments

Story

Stunning Office Pictures of BHIVE Workspace in Bengaluru

Working from a garage is almost as expensive as working from a co-working space, when you take the operational expenses into account. For start-ups in Bangalore BHIVE Workspace in Bengaluru.is fitting choice. It’s moderately priced, provides excellent facilities and amenities, and the start-up community it houses is outstanding, if networking and synergizing is your thing. BHIVE has 4 workspaces spread around some of Bangalore’s trendiest neighbourhoods. Koramangala, Indiranagar and two in HSR Layout; all within a space of 10 kilometres. You can find them all on Google Maps and they pretty easy to reach. I chose to try out their HRS – S4 workspace because it’s the largest co-working space in Bangalore. I walked into BHIVE’s HSR S4 Workstation. I had a free one-day trial offer, and I fi...

Gurgaon Based Baxi To Expand Operations in UP Market

6Mar By Press Trust of IndiaNo Comments

News

Gurgaon Based Baxi To Expand Operations in UP Market

NEW DELHI: Gurgaon-based Baxi will start services in Noida and Ghaziabad in the next few weeks as it expands operations and tap into the booming on-demand motorbike taxi segment. The company, which offers about 3,000 rides a day, is operational in Gurgaon and Faridabad in Haryana. "Before commencing operations in Gurgaon, we met the authorities and after certain changes were brought in, making motorbike taxis legitimate, we started operations there. Similarly, we have had discussions with the authorities for offering services in Noida," Baxi co-founder Ashutosh Johri told PTI. He added the company expects to start services in Noida later this month, followed by Ghaziabad. "There were no rules for two-wheelers under the Motor Vehicles Act, and therefore, we had to get it modi...

Aquapurum, a Bengaluru Based startup Showcased Innovative Way To Treat Water

29Feb By AnkitaNo Comments

Story

Aquapurum, a Bengaluru Based startup Showcased Innovative Way To Treat Water

Aquapurum, a Bengaluru-based startup in collaboration with UK's Hydro Industries on Monday launched an innovative water treatment technology at an event organized in Delhi. Based on proven electro coagulation technology, Aquapurum's solutions are able to convert borewell or surface water into potable water in a matter of minutes. The event was attended by several senior officials from government, estate managers and experts working in the field of water treatment and regeneration. Speaking at the launch event, St. John Gould, India Director, UK Trade and Investment (UKTI) said," We are delighted to bring the best of British technology and innovation to India through this partnership. At UKTI, we are always exploring opportunities for collaboration between UK and India that can ben...

28Nov By AnkitaNo Comments

FUNDING

Bangalore Based Home Services Start-up Bro4u Raised Angel Funding; Plans to Expand Into Other Cities

Bro4u.com, Bangalore-based home service market place, have raised undisclosed funds from Sargod Ventures led by Alok Sargod. Bro4u is an 8-month-old hyper-local home services app which promises seven minutes turnaround for users, which is the quickest compared to any competitors available in this expertise. Read Also: How Akshay turned ‘Bhaiya chutta nahi hai’ into bro4u.com Pramod Hegde, CEO & Co-Founder of Bro4u, said that their latest funding would be used to strengthen their position in home ground Bangalore. He also confirmed that they are in talks with Venture Capitalists to move into next level by expanding the services to Hyderabad and Pune market. Pramod believes that there is no clear leader in this segment yet, and anyone who has a right will come out as a market leade...

Coimbatore is next the startup hub after Bengaluru

20Aug By No Comments

News

Coimbatore is next the startup hub after Bengaluru

In 2012, Dhruv Kumar shifted the base of his online medical advice platform, iCliniq, to Coimbatore after operating it out of Bengaluru for two years. The reason: He didn't want to be overwhelmed or distracted by the hoopla around startups in the tech capital. "I wanted to be out of all the noise and focus on building a quality product," he said during a recent interview. "There are events all the time and the place is flooded with funding stories. Those days, we thought we were a tech startup and did not focus enough on the health and business side." Several young entrepreneurs like Kumar, who started up in Bengaluru are shifting to Coimbatore. Do-PartTime, a part-time job discovery portal, is another example and one of the reasons for the shift was talent retention. "Every comp...