Thursday, March 28

Tag: SnapBizz

SnapBizz Raises Funding From Ratan Tata
FUNDING

SnapBizz Raises Funding From Ratan Tata

Bengaluru-based retail technology startup SnapBizz Sunday said it has raised an undisclosed round of funding from veteran industrialist Ratan Tata.   SnapBizz: Amazing Story of $1 Billion Opportunity Spotted By An Employee and Backed By His Company   This is Tata's eighth investment in startups in 2016 so far. Tata, former Tata Group chairman, has invested over 20 startups so far. In January 2016, SnapBizz had announced a Series A funding of $7.2 million (roughly Rs. 48 crores) led by Jungle Ventures, Taurus Value creation, Konly Venture and Blume Ventures. With the mission of transforming the unorganised fragmented retail sector in the country, SnapBizz currently works with over a thousand kirana stores across Mumbai, Pune, Delhi, Hyderabad, Chennai and...
SnapBizz: Amazing Story of $1 Billion Opportunity Spotted By An Employee and Backed By His Company
Story

SnapBizz: Amazing Story of $1 Billion Opportunity Spotted By An Employee and Backed By His Company

I recently caught up with SnapBizz co-founder, Yash Prakash to hear his amazing story of transitioning an idea originating in a corporation to a thriving startup.   Act 1: The promising beginning When Qualcomm started its VentureFest intrapreneurship program back in 2006 (now called ImpaQt), it unlocked the floodgates of leadership, creativity, and innovation from unexpected places and people. While running the program, I never really saw an idea or intrapreneur that I didn’t like, but I found proposals out of Qualcomm’s foreign offices to be particularly illuminating, as they were addressing unknown opportunities to most of us working in the US. One such proposal originated in Qualcomm’s (fantastic) set of India offices. This is the story of CellNSell (internal project name),...