Monday, November 18

Tag: startup

Design Café Brings the First-ever Home Design Experience Lounge to Bangalore
News

Design Café Brings the First-ever Home Design Experience Lounge to Bangalore

In a quest to make design more accessible to everyone, Design Café, one of the leading interior design firms in Bangalore, launched its first Home Design Experience Lounge this week in Bangalore. Set in the plush residential locales of Whitefield, the 2500 sq. ft., experience lounge will compliment their revolutionary website http://www.designcafe.xyz, which allows you to design your home online in four easy steps. At the lounge, you can meet award-winning designers who will guide through 100's of pre-curated home designs for every room and create instant 3D designs for you. The lounge also showcases the latest materials and brands from all over the world and in every budget, so you can touch and feel everything before you make your home. This is the first-of-its kind lounge that bridges t...
Startup Running By an Indian Secretly Bought By Intel at $300 Million (2000 Crore)
ACQUISITION

Startup Running By an Indian Secretly Bought By Intel at $300 Million (2000 Crore)

Chip design maker Intel Corp. has secretly acquired silicon valley semiconductor startup called Soft Machines Inc about $300 million (cash-cum-stock deal ) to maintain its leadership position. The news was first reported by technology website The Register. The team of Soft Machines have become part of Intel from Thursday. This  new deal is on the heals of Intel shedding as part of a spinout their security unit into a new company that will be owned in-part by private equity firm TPG. Intel will retain a 49 percent ownership stake of the entity with TPG taking the majority stake. In exchange, Intel will be receiving $3.1 billion in cash. Soft Machines is a semiconductor company co-developing VISC architecture-based processor and SoC products for all major performance computing platforms a...
Weblistr- Where There is a Need, There is a Website!
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...
Rivigo Will Add 100 More Cities For Faster Delivery of E-commerce
News

Rivigo Will Add 100 More Cities For Faster Delivery of E-commerce

Logistics solutions provider Rivigo today announced adding 100 more cities for faster delivery of cargo using truck drivers relay mechanism. "Rivigo today announced a significant expansion of its part-truck load capability Rivigo Zoom by adding more than 100 cities to its pan India coverage. With the expansion, Rivigo services can now be availed of in most state capitals, major cities and industrial centres," the company said in a statement. It said combining technology and a unique driver?s relay mechanism, Rivigo provides precision deliveries at 50-70 per cent lesser transit times compared to conventional trucking companies. The expansion coincides with the company acquiring 1,200 trucks from Ashok Leyland to take its fleet size to 2,700 by the year end. "We are confi...
Looking for Alternative Investment Options – Visit i2iFunding.com
Story

Looking for Alternative Investment Options – Visit i2iFunding.com

Technological disruptions have not left financial sector out of its impact and India currently has several fintech startups developing out from its cocoon. Fintech startups mostly confined of online payment wallets and now online lending marketplaces. i2ifunding a Peer to Peer platform where an individual can borrow money at a desired rate of interest and an investor can lend to retail borrowers according to their interest rates. While P2P lending is still at a nascent stage in India, it is one of the leading means of financing in countries such as the US, the UK, Germany, China etc. and many p2p players have grown to become Billion dollar companies. It has been growing in leaps and bounds around the world, thanks to an increase in the internet penetration and tremendous acceptability of...
Startup Chhattisgarh Launched For Boosting Entrepreneurship
INDIA

Startup Chhattisgarh Launched For Boosting Entrepreneurship

To give a fillip to Prime Ministers vision of Startup India, the state government today launched Startup Chhattisgarh initiative here to foster entrepreneurship and promote innovation. Youths have no dearth of ideas. Lots of creative ideas take shape in their mind. They should convert them into business ideas according to the need of market to provide facilities to people at lower rates in a convenient manner," Chief Minister Raman Singh said after the event. "They need to be fearless to bring their ideas into commercial products," he said. The function was held at Shri Shankaracharya Institute of Professional Management & Technology in Sejbahar area, which was attended by a large number of entrepreneurs and youths. As part of the initiative, 14 special camps will be set up in ...
Startup IdeaChakki Raises Funds From Ratan Tata
FUNDING

Startup IdeaChakki Raises Funds From Ratan Tata

Food tech startup IdeaChakki has raised an undisclosed amount of funding from leading industrialist Ratan Tata. The city-based startup, which provides digital video menu for restaurants and allows customers to gift food and beverage experience across the world, has also partnered with investment bank Enablers for their next round of funding. The funds raised from Tata will primarily be used for expansion into new geography, along with building the in-house team and strengthening the technology, IdeaChakki said in a statement. The Chairman Emeritus of Tata Sons has been actively investing in startups in India and abroad. Some of these firms include Snapdeal, Kaaryah, Urban Ladder, Bluestone, CarDekho, Sabse Technologies, Xiaomi, Ola, DogSpot.in, Tracxn, CashKaro, FirstCry and Teabo...
Easytenants: An Entrepreneur’s Personal Experience as a Single Tenant in India Turned into an Amazing Business Idea
Story

Easytenants: An Entrepreneur’s Personal Experience as a Single Tenant in India Turned into an Amazing Business Idea

Single and Still in Trouble!! Back in 2011, Parikshit Agarwal felt awesome as he packed his bags for Hyderabad to work with Microsoft as their campus hire. Being an IIT Bombay Alumnus, his reputation was something that surpassed an introduction. All of that lay behind him as he went house hunting in the city. Parikshit wanted a great place to stay, however, he discovered that most housing societies did not allow him to stay as he was a bachelor and brokers showed him flats that were either too far or not up to his liking. He thought to himself, “I should work on a business idea that enables single people to find better places to stay”. For the next three years, he got engrossed in his work, with his idea lingering in his mind. After having researched on his business idea for 4 years by m...
Gurgaon Based RupeePower Eyes Rs 15 Cr Revenue in FY17
BUSINESS

Gurgaon Based RupeePower Eyes Rs 15 Cr Revenue in FY17

Financial products platform RupeePower expects to grow about 70 per cent this year, clocking Rs 15 crore in revenue as it expands its product portfolio and facilitates disbursal of Rs 10,000 crore in loans. The Gurgaon-based startup, which had sold a majority stake in the company to eCommerce major Snapdeal in April 2015, has bought back control in August this year. Snapdeal is now a minority shareholder in the company. "We want to become a platform to guide users in making the right investment choices. They (currently) get access to a number of products like loans and credit cards through our platform and using analytics based on their spending patterns, social media profile, we want users to be able to access the right financial products," RupeePower founder Tejasvi Mohanram said. H...
Just Jobs Launches a Unique Job Portal Designed for Blue Collar Sector
News

Just Jobs Launches a Unique Job Portal Designed for Blue Collar Sector

Just Jobs is on a mission to empower the unserved informal sector of India by connecting skill with opportunity. Just Jobs is excited to announce the launch of its one-of-a-kind, fully-featured job portal, Just.Jobs, exclusively designed for entry-level jobs sector. Just Jobs is an innovative staffing startup that connects blue collar job seekers with employers from both households and small-to-medium sized businesses offering job opportunities. Just Jobs, India's most economical, reliable and completely ad-free online job board for blue collar jobs, is in line with the Indian Government's vision of 'Digital India', 'Skill India' and 'Make in India' ventures. It is committed to serve as a neutral facilitator to empower employers and the job seekers connect easily to meet their respective...
Zapmart to Raise $10 Million From First Round of Funding
FUNDING

Zapmart to Raise $10 Million From First Round of Funding

Mumbai based online grocery startup Zapmart is all set to raise $10 Million in its first round of funding from investors. Zapmart which is a self-funded startup by Parvez Siddiqui has got a seed funding of Rs.3 Crore, which was led by two businessmen from the real estate sector. "The seed funding will be used to strengthen our technology backbone and logistics within Mumbai," said Parvez Siddiqui, founder of Zapmart. Zapmart is also keen to raise $10 million from its Series A round of funding, in which they are in talks with few angel investors and are looking out for large venture capital funds. “The Series A funds will be utilized for geographic expansion in Maharashtra and especially in Pune within this year. Another main usage of the funds will be utilized for turning k...
Bala Girisaballa Appoint as CEO of Microsoft Accelerator
News

Bala Girisaballa Appoint as CEO of Microsoft Accelerator

Microsoft today said Bala Girisaballa will be leading Microsoft Accelerator in India as CEO-in-Residence. Prior to this, Bala was with Globalisation and market expansion advisory Zinnov as Partner and Practice Head helping MNC R&D companies. He took charge of the Accelerators India operations, with effect from August 1. Microsoft also announced that Ravi Narayan, Director, will now assume the role of Global Director at Microsoft Accelerator. Girisaballa will lead the Accelerators efforts to help market-ready startups and entrepreneurs to scale up and become successful businesses through the technology enablement, global go-to-market efforts and deep business advisory in the form of Hi-Po and Scale-Up programs, Microsoft said in a statement here. Ravi Narayan, in his new ...