Saturday, December 21

Tag: investment

Harbhajan Singh to invest in Sri Lanka
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Harbhajan Singh to invest in Sri Lanka

Harbhajan met Finance Minister Ravi Karunanayake in his office and discussed investment opportunities in Sri Lanka. The star Indian spinner Harbhajan Singh is to invest in Sri Lanka, the Ministry of Finance announced on Wednesday. Harbhajan met Finance Minister Ravi Karunanayake in his office and discussed investment opportunities in Sri Lanka. The Ministry quoted Harbhajan as saying he was looking forward to invest in Sri Lanka given the long standing friendly relations between the two countries. Karunanayake had stressed that his 2016 budget approved in parliament early this week encourages foreign direct investment and Harbhajan's expression of interest was a justification of the budget policy goals on investment.
Logistics startup BlackBuck raises $25M from Tiger Global
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Logistics startup BlackBuck raises $25M from Tiger Global

BlackBuck, a business-to-business logistics startup, has raised $25 million in Series B funding from Tiger Global and other investors. Russian billionaire investor Yuri Milner’s Apoletto fund and existing investors Accel Partners and Flipkart also put money in this round, BlackBuck said in a statement. The startup, owned by Zinka Logistics Solutions Pvt Ltd, would use the funds for expansion, to build products and set up the team. BlackBuck was founded in April this year by IIT Kharagpur alumni Rajesh Yabaji, Chanakya Hridaya and Ramasubramaniam B. It had received $5 million in funding earlier this year from Accel Partners and Flipkart. BlackBuck has 200 employees and has presence in 40 locations across the country. It plans to expand to 200 locations over the next year. The c...
Lenskart Office – A Place of Lens
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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…)
Indian Angle Network Invests in bangalore based Consumer Healthfood Startup Jiyo Natural
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Indian Angle Network Invests in bangalore based Consumer Healthfood Startup Jiyo Natural

Indian Angel Network (IAN), India's first and world's largest angel investor network, has invested in Bangalore-based Jiyo Natural which offers personalized nutritionally balanced, calorie-monitored and chemical-free food through web and app. Rajiv Mehta and Sumit Dhingra have led this round of investment and will join the board of the company to further mentor and nurture the team and venture. "Jiyo Natural has, as part of its core values, a strong sense of social responsibility that forms the foundation of its existence. While we are committed to the long term vision of being a key catalyst in creating a Healthy India, we are also committed to contributing to the society and will endeavor to promote a clean environment," said Jayas Damodaran, Co-founder of Jiyo Natural. Mr. Rajesh Sing...
9 Things I Wish I Knew Before Starting My First Startup- Neil Patel
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9 Things I Wish I Knew Before Starting My First Startup- Neil Patel

Lesson #1: Investors love to make excuses on why they don’t want to invest When we first started pitching Crazy Egg, no investor would write us a check. It wasn’t their fault as my co-founder and I sucked at pitching. They all had different reasons why they didn’t want to invest. After getting over 20 “No’s” from investors, I realized something was off. Each one would sugarcoat the “No” and tell it to you in a way that would make them come off nice. (more…)
Paytm Now Backs A Bus Ticketing Service & An Income Tax Filing Startup!
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Paytm Now Backs A Bus Ticketing Service & An Income Tax Filing Startup!

Powered by One97 Communications Ltd., the online mobile wallet and E-commerce website Paytm has recently invested in AbhiBus, a bus ticketing service and ClearTax, an income tax filing website. According to the sources, the invested amount is not yet disclosed and no official announcement has been made. AbhiBus is an online platform, founded back in 2007 for booking of bus tickets, that has become India’s fastest growing platform with over 1,500 operators and 15,000 routes running through the major cities like Hyderabad, Pune, Delhi, Bangalore etc. Today, AbhiBus is also the preferred Information Technology Partner for State Transport Corporations and Private Bus Fleet Operators. AbhiBus is an ISO 9001:2008 certified company. (more…)