Monday, November 18

Tag: startup

A Quick Tour Of Cities That Have Opportunities For Potential Startups
6Aug By AnkitaNo Comments
ANALYSIS

A Quick Tour Of Cities That Have Opportunities For Potential Startups

Startup is a risky business. 'The million dollar idea' alone won't suffice. One has to have better understanding about the customer targeted, and how to reach out to them; followed by extensive planning and then finally, an eventual place for the launch of your product(s). It’s very important that one finds the right city according to his or her startup’s requirements. (more…)
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After Inspiring An Industry Of Hyperloop Startups, Elon Musk Is Set To Build His Own
5Aug By RishabhNo Comments
News

After Inspiring An Industry Of Hyperloop Startups, Elon Musk Is Set To Build His Own

Elon Musk is now set to make his own Hyperloop after being an inspiration for startups, as per the latest report by Bloomberg.  The Tesla and SpaceX CEO is said to be planning to build the Hyperloop portion of his planned underground tunnel-based Hyperloop network himself, rather than relying on outside partners who are already developing commercial Hyperloop technology. He briefed his research conducted with his team at Space Exploration Technologies Corp that demonstrated the system's viability and offered it as a gift to the startup ecosystem. He revealed this saying that he needs to be "focussed" on SpaceX and Tesla. While the other startups raced to develop their hyperloops, the SpaceX and Tesla CEO's twitter post claiming to have received "verbal government approval" hit as ...
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Healthcare Service Aggregator Click2Clinic Raises $850k From A Group Of Angel Investors
2Aug By AnkitaNo Comments
FUNDING

Healthcare Service Aggregator Click2Clinic Raises $850k From A Group Of Angel Investors

Health-tech startup Click2Clinic has recently raised around Rs 5.4 crore ($850,000) from a group of angel investors in the US and Malaysia, a company statement said. With this investment, Click2Clinic has acquired Wellness Home Health Care, an agency which offers home health care services in Bengaluru, for approximately Rs 4 crore in an all-stock deal. Founded by Chalapathi Naik and Rajneesh Chakravarthy, Wellness’ scope of services includes nursing, vital check-ups, wound dressing, nebulisation, medications, and bed bath by qualified health nurses. The Hyderabad-based Click2Clinic, which aggregates hospitals, diagnostic firms, pharmacies and ambulance services, will use the funds to strengthen its product offering and expand its services to new markets. Click2Clinic, which has...
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Flipkart Completes Its Merger With ebay.in
1Aug By Press Trust of IndiaNo Comments
ACQUISITION, News

Flipkart Completes Its Merger With ebay.in

E-commerce major Flipkart today said it has completed the merger with eBay Indias operations. With this, eBay.in will now be a Flipkart Group company. The deal was announced in April when the Flipkart group raised USD 1.4 billion from global technology majors eBay, Tencent and Microsoft. (more…)
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Yuvraj Singh Invested An Undisclosed Amount In A Co-Working Startup
26Jul By RishabhNo Comments
News

Yuvraj Singh Invested An Undisclosed Amount In A Co-Working Startup

Cricketer Yuvraj Singh has recently invested an undisclosed amount in a Delhi based co-working startup Gurukul. He will also be the brand ambassador for the same and will help creating awareness and will be the face of the company for next 4 years. "Yuvraj Singh has been involved from beginning. The paper work formalities, however, have just finished. He is a partner in the company and holds equity," said Creator's Gurukul co-founder Abhinav Tandon. "The financial structuring details can't be disclosed due to a non-disclosure agreement," he added. The investment has been done under his investment fund- YouWeCan Ventures, which has recently been active in the startup ecosystem and has backed  Healthians, EazyDiner, and Rahul Yadav’s short-lived startup Intelligence Interfaces. Gurukul ...
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BYJU’S Bags An Undisclosed Amount Of Funding From Tencent Holdings Ltd
25Jul By RishabhNo Comments
FUNDING

BYJU’S Bags An Undisclosed Amount Of Funding From Tencent Holdings Ltd

Indian edu-tech startup BYJU'S has once again made headlines for raising an undisclosed amount of funding from China’s Tencent Holdings Ltd. “BYJU’S has emerged as the clear leader in the Indian education-tech sector. We share BYJU’S mission of transforming education by creating personalised learning experiences for students. We are excited to be partnering with Byju on this exciting journey” said Hongwei Chen, Executive Director of Investment and M&A at Tencent. The funding will be utilized to accelerate BYJU'S product development for new markets and enable its growth through acquisitions. “We are excited to have Tencent on board with us. This makes our strong investor portfolio even more diverse,” said Byju Raveendran, founder and CEO, Byju’s. Tenccent is a Hong Kong Stock Exchan...
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ANI Technologies, Ola Parent May See Some Investment From Microsoft
25Jul By RishabhNo Comments
FUNDING

ANI Technologies, Ola Parent May See Some Investment From Microsoft

American Multinational giant Microsoft may invest some money for a small stake in ANI Technologies Pvt Ltd, the company that runs Ola, in a deal where this ride hailing service will switch from Amazon Web Services (AWS) to Microsoft's Azure Cloud Platform. “The talks with Ola are in very early stages. More than the money, it is more about Nadella’s vision of partnering with more and more large technology companies in India and establish Azure as service of preference. Microsoft is likely to invest in Ola but a term sheet is yet to be issued,” one of the two persons cited above said on condition of anonymity. Ola is already in the middle of fund-raise and is currently valued around $3.5 Bn, and is the third most valued startups in the country. Ola has been in constant battle with Uber in ...
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