Friday, April 26

Tag: innov8

Qdesq Raises Angel Funding To Tap Workspace Market
FUNDING

Qdesq Raises Angel Funding To Tap Workspace Market

Qdesq, a workspace rental platform, has raised an undisclosed amount from a clutch of investors, led by Kajaria Ceramics Joint MD Rishi Kajaria, Jaipuria Beverage and Food Director Ruchirans Jaipuria and Jai Drinks Director Anuraag Jaipuria. The angel round also saw participation from existing investors Dheeraj Jain (Partner, Redcliffe Capital), Ankush Nijhawan, Gaurav Bhatnagar and Manish Dhingra. The company, however, declined to share details of the funding. "We are currently at 216 venues across Delhi NCR in both formats - short occupancy (meeting rooms, workspace for a day and Qcafe) as well as long occupancy (workspace on monthly basis). With a current growth of 60 per cent month-on-month on the revenue side, 20-25 Qdesq verified venues are appended to the list on supply side ...
3 Indian Startups Making Their Way To The Silicon Valley
News

3 Indian Startups Making Their Way To The Silicon Valley

Y Combinators(YC) has inducted three of Indian Startups for the summer batch. It is fit the first time that a bunch of Indian startups have made their ways into Silicon Valley's one of most coveted accelerator programmes. The three startups that have been selected by YC are Innov8, a co-working space in CP, New Delhi, JustRide, a self-ride car rental app, and Meesho, an app for sellers on Whatsapp and Facebook. The accelerator will be investing $120,000 in startups for a 7% equity stake across two batches every year, and the programme is based out of its Mountain View headquarters. "Each of the founders from India in the current batch has personal experience with the problems they are solving, which gives them unique insights into the market they operate in. India is now only second...