marketplace | Pixr8 News

14Oct By NitishNo Comments

FUNDING

Indian Parenting Website “Kidsstoppress.com” Raises Undisclosed Angel Funding

Mumbai-based parenting startup Kidsstoppress has raised an undisclosed funding amount from angel investors. Founder chief executive of IIFL Wealth Karan Bhagat also participated in the investment. The company was founded by Mansi Zaveri in 2012. Currently, it offers its services across Mumbai, Delhi, Bengaluru, Chennai, Hyderabad and Pune. Mansi Zaveri, founder, KidsStopPress, said, “The parenting and baby care segment in India is a very large opportunity and is worth close to $25 billion. At the same time, it is also fragmented and very local in terms of language, culture and geography. At Kidsstoppress.com, we have built the groundwork to address this large opportunity across segments including content and market place." KidsStopPress produces both proprietary and secondary con...

Weblistr- Where There is a Need, There is a Website!

18Sep By AnkitaNo Comments

Story

Weblistr- Where There is a Need, There is a Website!

Online businesses and Startups in India are growing at an astronomical speed. Today where everything is available online, any product or service need can be resolved in mere clicks. Where there is a need, there is a website/app to fulfill it, unfortunately, the visibility of these websites is quite limited to the general internet users. Knowing where to get what online is the problem. Weblistr, India’s No. #1 online shopping guide aims at solving this problem. Weblistr is a one of a kind startup that accumulates useful information from e-commerce websites and apps across 20+ categories such as fashion, home décor, travel, food delivery, jobs, healthcare, education etc. It also has user generated ratings and reviews for online startups on their platform. The platform hosts over 500 websit...

Airbnb Inc Secured $1 Billion Debt Facility From US Banks

17Jun By reutersNo Comments

FUNDING

Airbnb Inc Secured $1 Billion Debt Facility From US Banks

Apartment-sharing startup Airbnb Inc has secured a $1 billion debt facility from some big U.S. banks to aid its new services and finance its expansion plans, a source close to the company said. JPMorgan, Citigroup Inc, Morgan Stanley and Bank of America Corp led the debt deal, the source said. Airbnb, which expects to achieve profitability in 2016, raised over $100 million in a round of funding late last year. Bloomberg reported the funding deal earlier on Wednesday. Representatives at JPMorgan, Citigroup, Morgan Stanley and Bank of America were not immediately available for comment outside regular U.S. business hours. Priceline, Expedia and other travel companies have been facing increased pressure in their hotel bookings business from the rise of startups such as Airbnb.

SoftBank Indian Investment May Surpass $10 Billion – Masayoshi Son

30May By Press Trust of IndiaNo Comments

Entrepreneurs Talk

SoftBank Indian Investment May Surpass $10 Billion – Masayoshi Son

Having made a string of technology investments in India, Japanese telecom and Internet giant SoftBank has said its investments in the country will top USD 10 billion in 5-10 years. SoftBank, which owns one of Japans biggest mobile carriers and a controlling stake in US-based Sprint Corp, will make its first USD 350 million investment in a solar project in India, its Chief Executive Masayoshi Son said. "We have already invested USD 2 billion and we are interested in investing more," he said. "India has a great future. We are interested in investing in Internet companies and also in solar energy. We would make strong commitments. Son said SoftBank is looking at accelerating the pace of investments in future. "We also made a first move on solar energy. We are making USD 350 million ...

UrbanClap, Industrybuying Tie Up to Offer Toolkits to Service Orofessionals

23May By AdityaNo Comments

BUSINESS

UrbanClap, Industrybuying Tie Up to Offer Toolkits to Service Orofessionals

UrbanClap, India's leading marketplace for trusted services has teamed up with leading B2B e-commerce platform Industrybuying for its service professionals to offer them toolkits at subsidized prices, catering to the plumbers, electricians, carpenters, and appliance repair technicians registered on the UrbanClap platform. Both company have seen significant interest from investors in their respective segments. While Industrybuying focuses on solving inefficiencies in industry supply operations and offer reliable procurement of industrial products, similarly UrbanClap is seeking to solve the problem of the unorganized services marketplace in India. "Industrybuying's emphasis on standard, reliable products is in line with our strong focus on providing high quality services. But, along w...