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Grofers and Sodexo Partner to Delight Customers

15Mar By NitishNo Comments

BUSINESS

Grofers and Sodexo Partner to Delight Customers

Grofers, the on-demand e-commerce mobile and web application, is now enabling payment via meal vouchers by partnering with Sodexo. Grofers customers will now be able to pay for their groceries, fruits, vegetables and bakery items through Sodexo meal vouchers, in addition to the multiple payment options that presently exist on the app and website. In the first phase of this partnership, Sodexo vouchers can be used across all the 12 leading cities where Grofers super store is available. These cities are Delhi, Gurgaon, Noida, Mumbai, Bangalore, Ahmedabad, Kolkata, Pune, Chennai, Lucknow, Jaipur and Hyderabad. Already a highly convenient way to buy groceries, Grofers believes that this partnership would help the e-grocer grow further. Albinder Dhindsa, Co-founder at Grofers, said, "Sode...

Vacancy of Office Space Lowest in Bengaluru at 4%

12Mar By AdityaNo Comments

News

Vacancy of Office Space Lowest in Bengaluru at 4%

Bengaluru has the lowest vacancy of office space at nearly 4 per cent among the seven major cities on account of robust demand from corporates, according to property consultant JLL India. The demand of office space is expected at 8 million sq ft in the 2017 calendar year against 8.6 million sq ft occupied in last year. "Among the seven major office markets in India, Bengaluru continues to have the lowest vacancy levels at slightly less than 4 per cent," JLL India CEO and Country Head Ramesh Nair said in a report. "In a trend led by the IT capital of India, how can other IT cities be far behind? Pune and Hyderabad too have vacancy levels at over 5 per cent and 9 per cent respectively," he added. The vacancy level in Chennai is around 11 per cent, Mumbai 18 per cent, Kolkata at o...

Startup Investment Firm K2 Global to Invest More in Paytm, Saavn

9Mar By NitishNo Comments

FUNDING

Startup Investment Firm K2 Global to Invest More in Paytm, Saavn

Start-up investment firm K2 Global, backed by Indian and Asian billionaires, is looking to increase its stake in online mobile applications Paytm and Saavn, which are among start-ups with strong growth market strategies in India. "We are looking to invest more in Paytm and Saavn," said the Singapore-based investor Ozi Amanant, who leads K2 Global backed by Indian and Asian billionaires, institutional investors and family wealth management offices. K2 Global, which has built up stakes in Paytm and Saavn over in about two years, is raising another round of 284 million Singapore dollars, following on to the recently closed 257 million Singapore dollars . "We have a target to raise 1 billion Singapore dollars in the next two years for investments," Amanat said. K2 Global has pledge...

Google Acquires Data Science Startup Kaggle in a Boost to Data Play

9Mar By PriyankaNo Comments

ACQUISITION

Google Acquires Data Science Startup Kaggle in a Boost to Data Play

Technology giant Google has announced the acquisition of Kaggle, a start-up that hosts a number of data scientists, for an undisclosed amount at the Cloud Next 2017 conference. "Kaggle is going to maintain independent brand for a while... what Kaggle has contributed to the community is democratisation of data, developer community... partnership with Kaggle is going to be very positive for us," said Chief Scientist Google Cloud (artificial intelligence and machine learning) Fei Fei Li here. Founded in 2010, Kaggle is home to the worlds largest community of data scientists and machine-learning enthusiasts.More than 8 lakh data experts use Kaggle to explore, analyse and understand the latest updates in machine learning and data analytics. "We are providing them best technology to tak...

When Life is as Busy as a Bee, Two Boys From Aligarh Bring The Taste at Your Doorstep

6Mar By NitishNo Comments

Story

When Life is as Busy as a Bee, Two Boys From Aligarh Bring The Taste at Your Doorstep

Bringing to you something that holds equal stature in Agra as Taj Mahal In the government-led contest “Ek Bharat Shrestha Bharat”, a winner had suggested the idea of uniting India by the virtue of exchanging cultural knowledge between different states. A nation where food is considered as a reflection of the culture, one cannot agree more that exchanging food delicacies is one of the efficacious manners of bridging our differences. On similar lines, one can find the real essence of our platform Dilocious.com which sources sweets, savouries, dry fruits, tea and coffee from across the country and deliver them to its clientele. With the continuum of field research, we present an immense diversity of items, ranging from taste budding Sund Panjeeri of Kashmir to crisp Banana Chips of Kany...

28Feb By NitishNo Comments

FUNDING

Couponhaat Receives Pre-Series A Funding From a Private European Investor

New Delhi, February 28, 2016: Couponhaat, a Delhi based start-up and India's leading e-commerce company which provides best coupons and deals for online shoppers receives funding from a private European Investor. The undisclosed amount of funding is Couponhaat’s first Pre-Series A funding. Axel Wawrina, an investor based out of Europe has invested in the company. The fund-raising drive is in sync with its expansion plans and increasing the team size with an aim to achieve more milestones. Since the time of its very inception in the month of April 2015, Couponhaat has managed to cater to the growing demands of its huge consumer-base for best discounted coupons and deals by being self-funded so far. Couponhaat has raised its graph tremendously and attracted over 1 million hits on the websi...

For Mukesh Ambani Right Team and Using Investors Money Carefully is a Path To Success

15Feb By AnkitaNo Comments

Entrepreneurs Talk

For Mukesh Ambani Right Team and Using Investors Money Carefully is a Path To Success

Reliance Industries chairman Mukesh Ambani, who is betting big on data-driven telecom with his Jio Infocomm, today described the digital play sweeping the world as the fourth industrial revolution and said data is the "new oil". "The foundation of the fourth industrial revolution is connectivity and data. Data is the new natural resource. We are at the beginning of an era where data is the new oil," Ambani said at the opening day of 3-day Nasscom leadership forum here. Salient feature of this revolution is "convergence of the physical biological and digital sciences" and "we are on the verge of an exponential change", he said. Predicting that India will be a key player in this revolution, Ambani said with "our large talent base, we will have a competitive advantage in this era." ...

UAE-India Venture Capital Fund Idein Ventures Recruits Ex-Co-founder of Zoomcar as an Advisor

14Feb By AdityaNo Comments

News

UAE-India Venture Capital Fund Idein Ventures Recruits Ex-Co-founder of Zoomcar as an Advisor

The Co-Founder of Zoomcar, David Back has Been Tapped to Advise the UAE-India Venture Capital Fund and its Portfolio Companies. Idein Ventures is a seed-stage VC fund with offices in the United Arab Emirates, Mumbai, and Hyderabad. David Back co-founded Zoomcar, the first company in India to offer 'self-drive' car rentals with no chauffeur. Zoomcar launched in Bangalore exactly 4 years ago today, on February 14, 2013. When David left India almost 3 years later, Zoom had grown from 7 cars to almost 1,500 vehicles in 6 cities. It continues to expand and now has about 2,500 vehicles in 17 Indian cities. David has worked as a consultant at McKinsey, as an investment manager at Goldman Sachs, and as a research analyst at the Kauffman Foundation. He is currently an Expert Advisor with Alph...

13Feb By PriyankaNo Comments

FUNDING

Bengaluru Based Flutura Raises $7.5 Million Series A Funding

Flutura Decision Sciences and Analytics (Flutura), the Industrial Internet-of-Things (IoT) company today announced a fund raise of $7.5 million (approx. 51 crore), one of the largest in the Industrial Intelligence space. This Series A round is led by Vertex Ventures and supported by Lumis Partners and existing investor, The Hive. Founded in 2012, Flutura provides mission critical insights to drive industrial outcomes, based on their capability to interpret machine signals from connected assets and connected processes. Applicability of the solutions ranges from powering new business models for machinery manufacturers to optimizing complex process and discrete manufacturing operations. Their flagship software platform, Cerebra, provides diagnostics and prognostics through machine le...

Proposl.co - A company Which Reduces Your Sales Cycle By 30%

13Feb By NitishNo Comments

Story

Proposl.co - A company Which Reduces Your Sales Cycle By 30%

In a world where it is hard to run after prospects and catch them, we were glad to come across Proposl, a new sales enablement platform, which can profile your customers on the basis of engagement and reduce your sales cycle. “The problem with online interactions lack of feedback. Unlike offline interactions, where a salesman can interpret the prospect’s body language, online interactions are majorly email, sales & marketing documents and phone. Our analytics engine & customer profiling helps give this missing feedback”, said Deepak Gupta, CEO of Palisade Technologies, the company behind Proposl. Proposl is a platform that let’s you easily create sales documents, from invoices, to pitch decks, to MOUs and proposals, all under 60 seconds. And not just creation, the company clai...

India’s First Curated Wellness Advisory Marketplace, ZingUpLife is Disrupting the Traditional Wellness Services Consumption Model

8Feb By AdityaNo Comments

Story

India’s First Curated Wellness Advisory Marketplace, ZingUpLife is Disrupting the Traditional Wellness Services Consumption Model

Personal wellbeing has, for many decades in India, been linked with the absence of illness. Treating and preventing illness has been the focus of our organized healthcare industry and consumer behaviour has also modelled itself around this reactive framework. The few online health and fitness platforms available are also built around the directory model, where consumers discover services and access them online or offline. Now a Bangalore based young start-up is quietly changing this entire paradigm of health and wellness services consumption in the country. Focusing first on self-discovery of an individual’s wellness status using a battery of first-in-class online tools, ZingUpLife builds an incremental model of wellness consumption that emphasizes on empowering the consumer through in...

4,000 Karnataka Startups Received Investment of $1 Billion in 2 Years

6Feb By PriyankaNo Comments

FUNDING

4,000 Karnataka Startups Received Investment of $1 Billion in 2 Years

Karnataka continues to lead the country in the Information Technology and Bio Technology sectors, and over 4000 start-ups have received investments of USD 1 billion over the past two years, Karnataka Governor Vajubhai Vala today said. In his customary address to the joint sitting of the state legislature reflecting government's policies and priorities, he said public transport and scientific traffic management are essential to address the traffic problems faced by this IT city. "Karnataka continues to lead the country in the Information Technology and Bio Technology sectors, which are growing at a rate of 10 per cent to 12 per cent a year and creating new avenues for employment," Vala said. He said "With the launching of a new start-up policy the state has retained its lead as one...