startups | Pixr8 News

30Jun By AnkitaNo Comments

ANALYSIS

6 Differentiators to Help Your Startup Win the Race

Thousands of startups open and shut every year, forced by a fiercely competitive environment. Below are 6 differentiators that will help you stay above the crowd and prove yourself a winner:- Tell a Captivating Story People love stories and to draw them to yours, you must ensure that they understand where you are coming from. You have to illustrate your pitch in such a manner that people can instantly relate and put themselves in your shoes. It needs to have logic, emotion and recall value. Using the power of storytelling through various channels like emails and social media, you can enhance a brand’s image, significantly. Acknowledge What Makes You Different You are probably not the first one to create your product or service and even if you ar...

The Real Reasons Your Startup Needs a Great Name

9Jun By No Comments

BLOGS

The Real Reasons Your Startup Needs a Great Name

Around the world, entrepreneurs will create over 100 million new startups per year. With such a staggering number of businesses creating products across hundreds of industries, you need a powerful way to differentiate yourself from your competitors around the world. While a unique product will help your startup stand out from the pack, developing a concise and persuasive branding message will help your company achieve success. At the cornerstone of your branding is your name - one or two words that should convey your startup’s missions, products, and brand. Investing in your startup’s name is one of the best things you can do to ensure your success in the future. Here are four concrete reasons why you should invest your time and resources into your company’s name: Your name...

Biggest Venture Backed Companies Worth Nearly $500 Billion: Report

3Jun By reutersNo Comments

ANALYSIS

Biggest Venture Backed Companies Worth Nearly $500 Billion: Report

The total valuation of late-stage, venture-backed private companies in the UnitedStates and Europe has exploded from a few dozen startups worth acollective $40 billion in 2010 to hundreds of firms thattogether are now worth almost $500 billion, according to a report released Thursday. The numbers show the magnitude of the recent trend in which the biggest Silicon Valley startups raise hundreds of millions or even billions of dollars from hedge funds, mutual funds and other private investors while delaying their entrance into public markets. There are now 471 late-stage private companies - defined as firms that have raised at least $75 million through at least three rounds of financing - with an approximate valuation of$490 billion, according to the report from Scenic Advisement, aSan...

InnerWave Ventures Looking To to Invest in 18-20 Startups in Next Three Years

26May By PriyankaNo Comments

FUNDING

InnerWave Ventures Looking To to Invest in 18-20 Startups in Next Three Years

A community of early-stage angel investors InnerWave Ventures today said it is planning to invest in 18-20 start-ups in next three years in the range of Rs 1-1.5 crore. Currently, InnerWave Ventures, which is managed by corporate advisory firm InnerWave, consists of 32 angel investors which are looking to help start-ups in need of additional capital. "A lot of the angels have built up their own businesses and may be sold them or are in a semi-retired stage and they want to pass on the knowledge that theyve picked up," InnerWave Ventures co-founder Varun Dhingra said. InnerWave Ventures said it will also be adding more angel investors to its network who are looking to invest in pre- screened start-ups. "The investment can come from a single angel or a group and it can range anyw...

The Indian Institute of Management Kozhikode (IIM-K) Launches Business Incubator LIVE

16May By RishabhNo Comments

News

The Indian Institute of Management Kozhikode (IIM-K) Launches Business Incubator LIVE

The Indian Institute of Management Kozhikode (IIM-K) has launched its Laboratory for Innovation, Venturing and Entrepreneurship (LIVE), a business incubator and entrepreneurship development center. A proposal for LIVE was submitted by the institute in 2016, following which the Department of Science and Technology (DST) sanctioned a grant of Rs three crores. IIM-K has made available required space and facilities on campus and is developing a series of programmes and products that would ensure long term sustainability of LIVE, which has offered admission to twelve startups in its first ever job creation programme, an IIM-K release said here today. "LIVE would gain immensely from the faculty members, students, alumni, international linkages and other institutional networks of IIM-Ko...

Indian Startup Funding Sees Major Slowdown in Jan-Mar

4May By Press Trust of IndiaNo Comments

ANALYSIS

Indian Startup Funding Sees Major Slowdown in Jan-Mar

The startup sector is not completely out of the woods as it saw a drop in investment of 36 per cent year on year at USD 236.81 million for the March quarter as investors are wary of early and mid-stage funding. According to a News Corp VCCEdge report, the startup sector saw 165 deals worth USD 236.81 million in the January- March quarter of 2017 while in the same period last year, it stood at USD 368.68 million by way of 314 deals. The report noted that early-stage funding went down as investors preferred to pump in money late. Angel and seed investments slumped both in volume and value terms, with deal volumes down to half with 120 deals in January-March compared to 245 in the same period of 2016. "A rise in Series-B funding even as seed and Series-A funding trends show a decl...

Nomura Launches FinTech Program for Indian Startups

19Apr By AdityaNo Comments

News

Nomura Launches FinTech Program for Indian Startups

Global financial services company Nomura today launched a financial technology (FinTec) program to help start ups develop innovative solutions for capital markets and investment banking. Under the 'Voyager - Nomura FinTech Partnership' program selected startups would get a chance to collaborate with Nomura businesses across regions and create products and solutions which can potentially be implemented in the financial industry. The program will also provide them global exposure and enhanced visibility in the FinTech ecosystem. "Nomura, today commenced the 'Voyager - Nomura FinTech Partnership' in India aimed at harnessing emerging technologies to help transform its businesses and services," the firm said in a statement. "We are inviting entrepreneurs to participate in the progr...

Kishore Biyani Led Future Group Set up Rs 100 Crore Accelerator Fund

17Apr By RishabhNo Comments

FUNDING

Kishore Biyani Led Future Group Set up Rs 100 Crore Accelerator Fund

NEW DELHI: The Kishore Biyani-led Future Group has announced setting up of Future C&D (consumer and digital) Lab in Bengaluru backed by a Rs 100-crore Accelerator Fund. The research and development activities will be supported through a Rs 100-crore Accelerator Fund that will be set up to fund the operations, technology development and IPR creation by the teams working at the Lab. “Future C&D Lab will focus on the consumer and digital space to bring in next generation innovations using artificial intelligence, Big Data Analytics, Blockchains, Internet of Things, robotics and allied technologies,” Future Group said in a statement today. Future Group founder and CEO Kishore Biyani said, “The Future C&D Lab is aimed at co-creating next generation technologies for the consume...

Axilor Ventures Announces 20 Startups that Made To Its Fifth Accelerator Batch

14Apr By PriyankaNo Comments

News

Axilor Ventures Announces 20 Startups that Made To Its Fifth Accelerator Batch

Bangalore, April 13, 2017: Axilor Ventures announced the list of 20 startups that made it to its Summer'17 accelerator batch. This is its fifth batch and is the largest accelerator cohort in India. Talking of the new accelerator cohort, Ganapathy Venugopal, Co-founder and CEO of Axilor said, “The institutional capacity to support early stage startups in India is quite low - whether it is the structured programs to systematically improve the odds of success of startups, the market access that they need in their early days or the angel investment capacity. This has been Axilor's mission and by doubling the capacity of this batch to 20 startups we have taken one more step to bridge these gaps. We are very excited to work with the new cohort. The cohort of 20 startups and 52 founders mak...

Amid Stayzilla Controversy, Karnataka IT Minister Said No Startups, Vendors Are Above The Law

26Mar By AnkitaNo Comments

INDIA, News

Amid Stayzilla Controversy, Karnataka IT Minister Said No Startups, Vendors Are Above The Law

Amid the raging Stayzilla controversy, Karnataka IT Minister Priyank Kharge today said no industry, including startups and vendors, are above law and should function within the parameters and anybody raising money should pay up. Yogendra Vasupal, co-founder of Stayzilla, was arrested on March 14 for alleged cheating and criminal intimidation. "Stayzilla controversy has been blown out of proportion. However the advise I would give in this whole episode is that there are rules and regulations for everyone - whether it is for SMEs, startups or big corporations."If you have raised or taken money, you have to pay up. You cannot say I will not pay," Minister told Pixr8. Asked whether advertising firm Jigsaw alone should be blamed for the entire Stayzilla episode, as alleged by Vasupal, ...

Amazon, Grofers, Big Basket May Invest $695 Million in Food Retail

26Mar By AdityaNo Comments

News

Amazon, Grofers, Big Basket May Invest $695 Million in Food Retail

The government has received investment proposals from three companies, including Amazon and Grofers, worth USD 695 million for retail of food products in India under the new FDI policy. "Three companies Super Market Groceries Supplies (Big Basket), Grofers India and Amazon Corporate Holdings have submitted their proposals for seeking permission to make investment of USD 695 million over a period of time," an official statement said today. The government had last year allowed 100 per cent FDI for marketing, including through e-commerce, of food products manufactured and produced in India. Earlier in the day, Food Processing Minister Harsimrat Kaur Badal announced that Amazon has decided to invest about USD 500 million in e-retail of food. "We allowed 100 per cent FDI in trading ...

1Mar By NitishNo Comments

FUNDING

CreditMantri Raises $7.6 Million Funding From Quona Capital, Others

Online lending platform CreditMantri today said it has raised USD 7.6 million (about Rs 51.4 crore) in a Series B (second strategic round) funding from Quona Capital and others. The funding round was led by Accion Frontier Inclusion Fund, managed by Quona Capital along with Newid Capital and existing investors Elevar Equity, IDG Partners and Accion Venture Lab, CreditMantri said in a release. CreditMantri will use the funds to grow its user base, strengthen product proposition and build the team, it added. Veda Corporate Advisors was the bankers to the transaction. "The funds raised will help us deliver a complete suite of products and services to give the Indian consumer better choice and make credit truly possible," Ranjit Punja, co-founder and CEO of CreditMantri, said. The ...