Friday, March 29

Tag: funding

Lenskart Office – A Place of Lens
Story

Lenskart Office – A Place of Lens

Lenskart is India's fastest growing eyewear company founded by Peyush Bansal in November 2010. With a unique brick and mortar presence, Lenskart today offers over 10,000 different styles and high quality prescription eyeglasses, sunglasses and contact lens to fit all pocket sizes. Lenskart has grown more than 200% year on year in the last 2 years, to be among the top 3 optical businesses in India today. Lenskart currently has over 100 stores across more than 66 cities in the country with delivery in over 100 cities. (more…)
Ratan Tata And American Express Join Series A Funding Round Of Digital Currency Start-Up Abra
FUNDING

Ratan Tata And American Express Join Series A Funding Round Of Digital Currency Start-Up Abra

MOUNTAIN VIEW, CALIFORNIA – Abra, the company changing how people use cash and their smartphones to send and receive money around the world, announced that the Abra app will be available to all registered users in the US and Philippines in the coming weeks, with more countries to follow soon. The company also announced their entry into online, digital cash-based merchant payments.   In addition, Abra announced that Ratan Tata, the Chairman Emeritus of Tata Sons, and American Express have made strategic investments in Abra as part of the recently-announced Series A round. These are the first investments in the crypto currency world for both American Express and Ratan Tata. “As people and businesses transact more globally, there’s a need for more convenient and affordable w...
CureJoy raises $1.15M from pre-series A funding led by Accel Partners and others
FUNDING

CureJoy raises $1.15M from pre-series A funding led by Accel Partners and others

The San Francisco and Bangalore-based CureJoy, an online community that allows its users to seek genuine and reliable information on Alternative and Natural healthcare from the experts has recently raised $1.15M series A led by Accel Partners, India along with Venk Krishnan, the founder of Nuware Technologies, and Larry Braitman, the founder of Flycast and Adify. (more…)
NDTV Raises Funding For Gadget & Auto Portals From Former Apple CEO John Scully & Co.
FUNDING

NDTV Raises Funding For Gadget & Auto Portals From Former Apple CEO John Scully & Co.

Media group NDTV Ltd that has been building up its digital commerce ventures said on Wednesday that it has attracted VC funding for its new e-commerce ventures in gadgets and car & bike at a combined valuation of close to $80 million (Rs 510 crore). It did not share further details on the funding amount but said Inflexionpoint (co-founded by former Apple CEO John Scully), Pramod Bhasin (former CEO of Genpact), consumer-focused VC firm Sixth Sense Ventures, Vindi Banga (former chairman, Unilever India), Hiro Mashita (founder and director of M&S Partners) and other HNIs participated in the first round of funding for the ventures. It said Gadgets 360° will provide a curated marketplace for exclusive launches of mobile phones and other electronic gadgets. NDTV claimed Gadgets 360...
How ‘Inshorts’ raised $20 million from $4 million – Straight from the founders view
Entrepreneurs Talk

How ‘Inshorts’ raised $20 million from $4 million – Straight from the founders view

Inshort, a mobile app focused towards providing news to its users in 60 words, has raised $20 million from New York- based Tiger Global investors. The company plans to utilise the raised capital to improve user experience and expand its presence. News in shorts video> News in Shorts, Noida-based firm, founded by Azhar Iqubal, Anunay Pandey and Deepit Purakayastha, has been in this business since 2013.  News in shorts started out being a part of Times Internet’s accelerator program called TLabs in 2013. It was then that News in Shorts received its seed funding of Rs 2 crore from angel investors Ankush Nijhawan, Gaurav Bhatnagar and Manish Dhingra along with co-founders of Flipkart—Sachin Bansal and Binny Bansal.  News in Shorts, in February 2015, raised Rs 25 crore in its series A roun...
List of TOP 5 Accelerators in India!!!!
News

List of TOP 5 Accelerators in India!!!!

What is an Accelerator? Seed accelerators also known as startup accelerators are fixed-term, cohort-based programs, that include mentorship and educational components and culminate in a public pitch event or demo day - wikipedia Business Accelerator exploration is the engine that drives innovation, innovation drives economic growth, and to be on this right track to explore things and have sustainable economic growth, a business needs excellent mentoring. This is where ‘Accelerators’ come to play a crucial role.   So here is a list of top 5 accelerators from India, who not only help startups to enlarge their vision but also guide in market expansion and other focus areas.  Below we have mentioned about them and their funding & equity data. Have a look,   List o...