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Dinesh Agarwal – Founder & CEO of IndiaMart, Also Invested in Little Eye Labs (acquired by Facebook)

23Jan By RishabhNo Comments

Entrepreneurs Talk

Dinesh Agarwal – Founder & CEO of IndiaMart, Also Invested in Little Eye Labs (acquired by Facebook)

IndiaMart, a name heard by many, not only in India but all over the world. IndiaMART is an Indian online marketplace, serving since 1998 and based in Noida. The company have around 1.5 million suppliers listed on its website, with around 10 million buyers visiting the online platform every month. We recently met with the founder of Indiamart, Mr. Dinesh Agarwal at IIT-D where he motivated several students and yet-to-be entrepreneurs. Mr. Dinesh Agarwal is a very down to earth man, who knows how to do business. It is not just by his luck or ideas that helped him creating such a giant IndiaMart, but his will and passion for the same. We got the opportunity to ask him few questions about Indiamart and the current startup scenario in India. Thank you so much Mr. Dinesh for this I...

Meet Dhobistore Team- India’s First Dry Cleaners Market Place having more than 400+ Dry Cleaners

22Jan By RishabhNo Comments

Story

Meet Dhobistore Team- India’s First Dry Cleaners Market Place having more than 400+ Dry Cleaners

As truly it is said, “Marriage is about the most expensive way for the average man to get his laundry done!”, but holding on to this quote at present times might not seem appropriate. These are the high times and enough measures have been taken to cater for the general needs. Serving one such problem of Laundry and Dry Cleaning comes Dhobistore.com. Started by Shahnawaz Siddiqui a.k.a. Gabbar and Mudassir Siddiqui aiming to serve the regions of Delhi and NCR, Dhobistore.com is the India’s First Dry-Cleaners MarketPlace having more than 400+ Dry Cleaners on board! It’s the only laundry and dry cleaning startup that does not white label the vendors. It enables the user to choose a vendor of their choice according to their price, rating and reviews. “We openly disclose their contact details...

17Jan By No Comments

INDIA

Softbank CEO says will ‘seriously’ accelerate investments in Indian Startups

Japanese telecom and media group SoftBank will "seriously" accelerate its investments in India, Chief Executive Masayoshi Son told a start-up conference in New Delhi on Saturday. Softbank had previously said it would invest $10 billion in India over 10 years. "The time has come that the Indian economy will be big enough going forward. Mobile internet will make the domestic internet market big enough," Son said. "I think we would seriously accelerate our investments in India going forward." image credit- reuters

ISB and NIT Graduates Startup HopCar to Connect Car Buyers to Sellers

15Jan By Sonia MotwaniNo Comments

Story

ISB and NIT Graduates Startup HopCar to Connect Car Buyers to Sellers

The second-hand car market in India is huge. Close to 3.5 million used cars are bought and sold every year, and that number is just going to increase to more than 10 million in the next five years. That means over 20 million customers will be engaged in this market, and all with an average transaction value of Rs 3Lakhs. Anish Karan, Rahul Thakur, Rahul Anand and Arijit Biswas decided to tap into this market and start up in June 2015 to capture a sizeable chunk of the market. “The market of second hand cars is complicated and there is absolutely no solution available, particularly for Peer-to-Peer transactions,” says Arijit Biswas, an ISB graduate. The company connects Buyers directly to Sellers assuring quality at accurate prices to help you effortlessly hop cars. “We thought the name Ho...

These 5 Startups Will Pitch Live at Startup India Event on Jan 16th

13Jan By NitishNo Comments

Story

These 5 Startups Will Pitch Live at Startup India Event on Jan 16th

With over $5 billion worth investment in 2015 and 3 to 4 startups emerging every day, India has the third largest number of startups in the world. On January 16th, the Prime Minister will formally launch the StartUp India, StandUp India initiative and unveil the government’s actions plans to support early stage startups. StartUp India, Stand Up India celebrates the entrepreneurship spirit of country’s youth and those that are using technology to change the way we solve problems in India across industries, from medicine and sports to education and the environment. On January 16th, 5 startups will pitch their own solutions live to a panel of esteemed judges, who will select and announce the winner. Prior to this, people around the world and across India can also play a role and vote for t...

Meet Baap of Paytm – Vijay Shekhar Sharma

9Jan By RishabhNo Comments

News

Meet Baap of Paytm – Vijay Shekhar Sharma

“I feel I am in my teens, and Paytm is my infatuation.”, said Vijay Shekhar Verma while he was shown in trailer made by MindBatteries. Mindbatteries is a video content creating company started a entrepreneur series called Startupreneur Series. According to Simar, Head of Mindbatteries "Our planning is to create interview of startup founders video series in fun and candid manner. [youtube https://www.youtube.com/watch?v=8fbhK3FKQF8] Vijay Shekhar Sharma is the founder and CEO of One97/Paytm, who is one such an Indian entrepreneur who has reached the heights of success before even reaching 40. The video shows his journey from being a small-town boy from Aligarh to building such a Billion Dollar giant. He owes his success to no one. It is just the result of his hard and smart work...

7Jan By NitishNo Comments

News

Exclusive: Grocery Delivery Service Localbanya Shuts down website

Seems 2015 crisis in startup world will continue in 2016. The latest victim of this crisis is Localbanya.com a grocery delivery services, taken down their website. Localbanya has raised 20 million in funding and setup offices in Mumbai, Delhi, Noida and Gurgaon. Recently most companies operating in Grocery sectors started laying off employees including prominent names like Grofers, Peppertap.

6Jan By AdityaNo Comments

FUNDING

Tracxn a Data Analytics Based Startup Secures Funding From Ratan Tata

Tracxn a data analytics based startup has secured funding from Ratan Tata. The amount has not been disclosed. Started in May 2013, by Goyal and Neha Singh, Tracxn has increased its customer base and team. As per the recent report, Tacxn connected 9295 startups to the investors. Tracxn provides information on start-ups to over 6,000 clients across India, the US, the Middle East, South-East Asia and Europe, and claims to sign up at least one new client every day. “We belong to a generation whose formative years were spent observing Mr Tata’s way of building companies. So, when we saw he was investing in start-ups, we reached out to him,” said Goyal. “There are about 1 lakh funded companies. But there is a universe of about 1 million companies who are unfunded. We organize...

There is Something Extraordinary Happening in The World

29Dec By No Comments

BLOGS

There is Something Extraordinary Happening in The World

Most of us haven’t quite realized there is something extraordinary happening. A few months ago I freed myself from standard-procedure society, I broke the chains of fear that kept me locked up into the system. Since then, I see the world from a different perspective: the one that everything is going through change and that most of us are unware of that. Why is the world changing? In this post I’ll point out the 8 reasons that lead me to believe it. 1- No one can stand the employment model any longer We are reaching our limits. People working with big corporations can’t stand their jobs. The lack of purpose knocks on your door as if it came from inside you like a yell of despair. People want out. They want to drop everything. Take a look on how many people are willing to risk entre...

Bangalore-based startup grown human liver in laboratory

28Dec By NitishNo Comments

INSPIRATIONAL

Bangalore-based startup grown human liver in laboratory

A Bangalore-based biotech startup, Pandorum Technologies, founded in 2011 has grown a human liver in the laboratory. The startup is formed by Arun Chandru and Tuhin Bhowmickin in 2011, who were pursuing their higher studies at the IISc. They came together to work on the development of artificial human organs after winning a business competition. The “liver” is actually 3D-printed living tissue — grown from human cells — that can function as the human liver. These tissues will reduce the costs of research as they can be used for medical trials without depending on human or animal tissue. With their use, the discovery of drugs and vaccines will become cheaper and more efficient. “We developed everything here in India,” said Mr. Chandru to The Hindu. “We can grow thousands of these tissue...

Why Employees are More Important Than Founders in a Startup?

28Dec By No Comments

BLOGS

Why Employees are More Important Than Founders in a Startup?

Hiring for startups can be very different from that of large companies. Huge multi-national companies are process driven and need employees who can follow instructions and processes diligently while everyday could be a fire fighting day for a startup. Many startups make the mistake of hiring employees who are merely looking for a job rather than someone who is looking for a life experience. A lot of entrepreneurial people have been turned down from jobs at startups because they challenge the status quo, and the founders fear that they might be training someone who might one day become their competitor. In an era where product cycles are shortening, and some of the largest companies today were startups merely 10 years ago, this fear is hardly palpable. Pavan Soni, a research fellow at...

26Dec By PriyankaNo Comments

News

How Mark Zuckerberg made meetings better at Facebook

Whether you work at a startup or startup-turned-massive-corporation like Facebook, poorly run meetings can crush productivity and yield little to no results. In a recent Quora post, Facebook COO Sheryl Sandberg says that CEO Mark Zuckerberg "has done a really good job improving the efficiency of meetings at Facebook this year" with two simple but transformative changes: 1. Send relevant materials in advance to those who will be attending. If team managers want to discuss data that doesn't need to be confined to a conference room, then it's in their favor to not dedicate a portion of the meeting for employees to catch up at their own pace. 2. Set a goal at the start of the meeting. Meetings that stretch on for too long typically lack a purpose or agenda. Zuckerberg got managers to an...