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Mobikwik Raises Funding From Japanese and Taiwanese investors
Gurgaon-based mobile wallet company, MobiKwik, has raised an undisclosed amount of funding led by Japan’s GMO Payment Gateway and Taiwanese fabless semiconductor company MediaTek. This round was part...
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US-Based VC Firm DFJ Sells Its India Portfolio To PE Firm NewQuest Capital...
American venture capital firm Draper Fisher Jurvetson (DFJ) has sold its entire India portfolio to Hong Kong-based private equity platform NewQuest Capital Partners. Draper Fisher Jurvetson (DFJ) was...
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CarDekho Acquires Virtual Reality Startup Volob Technologies
Noida-based Volob Technologies, a virtual reality startup, has been acquired in an all-cash deal by CarDekho.com, an auto portal. The acquisition will help CarDekho.com’s 3D visualisation capabilities...
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Blume Ventures Invests In TestPrep Startup Prepathon
Prepathon, a learning app for competitive exams, has raised an undisclosed amount of funding in Pre-Series A round from Blume ventures. The funds will be used to add 50 more courses to the app, which...
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Flipkart To Take 20 Brands To Court Over Payment Dues; Seeks To Recover Crores
Ecommerce giant Flipkart is looking to file case against over 20 companies to recover its dues from them for not paying for placing ads on its (Flipkart’s) website. “There are about 20 Indian and...
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On Demand Driver Services Startup Zuver Raises Seed Funding
Mumbai-based startup Zuver has raised $180K (INR 1.2 Cr) from IT consulting & infrastructure management group Shruth & Smith Holdings and retail assisted ecommerce network Hermes Group....
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Ed-Tech Startup iDreamCareer Secures Funding From Times Group’s Brand Capital
Delhi-based iDreamCareer.com, an ed-tech startup, has raised an undisclosed amount in funding in Pre-Series A funding from media house BCCL’s (Bennett, Coleman and Company Ltd) strategic investment arm...
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Uber Takes Paytm For A Global Ride
Cab hailing app Uber has collaborated with mobile commerce platform Paytm and Alibaba‘s financial arm Alipay, to enable their users to book and pay for cab rides, from respective apps globally. As per...
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Google Acquires Indian Founder Led Enterprise Company Synergyse
Google has acquired Toronto-based enterprise software company, Synergyse, for an undisclosed amount. Started in 2013, Synergyse, was founded by an Indian-origin entrepreneur Varun Malhotra. It is an...
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Ecommerce Portal For Dental Products, MyDentistChoice, Raises Seed Funding
Hyderabad-based MyDentistChoice, an ecommerce portal for dental products, has raised $150K in seed round of funding from a US-based angel investor, reported BS. Founded by P Sivaprasad in 2014, the...
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Myntra Ditches App Only Strategy; To Relaunch Desktop Site On June 1
Just after a year of following the app only strategy, fashion and lifestyle ecommerce player, Myntra, has announced its plans to launch desktop website. The fashion retailer will be re-launching its...
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Exclusive: Times Internet Backed Murmur App Shuts Down
Delhi-based Murmur app, previously which went by the name Bluegape, has shut down. The app used to curate content from popular blogs & news sites and serve them in bursts of 10 pieces. The content...
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Zippr and IAN Accused of IP Theft; Zippr’s Investors Allege Patent Trolling
In a curious case which brings to fore issues with IPR and patenting, Shrikant Kunden, a Pune-based serial entrepreneur and founder-director of “Last Mile Digital Solutions Private Limited” filed a...
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Kalaari Capital Invests $500K Each In Active.AI, Indee & Affordplan
Kalaari Capital has invested $500K in fintech startup, Active.ai. The investment was done as a part of Kalaari Capital’s accelerator program Kstart. Kstart was launched in February this year to nurture...
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Five Unconventional Ways To Land Investor Meetings
As an entrepreneur trying to raise money, one often tries each and every hook possible to get through to as many investors. What if you are caught in a tough situation and can’t seem to get meetings?...
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Applying Entrepreneurship To Everyday Life Through The Lean Startup Loop
I think entrepreneurship is going to change the world. And it is not only because we have these revolutionary products coming out. For me that is just a start. Entrepreneurship deals with how to...
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Things I’ve Learned From Working At A Tech Startup
I have often come across a lot of people (friends and family mostly) who ask me the same question time and again. Why should you work for a startup? Isn’t it risky, tiring with little (or no) work-life...
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Seclore Raises $12 Mn From Sistema JSFC’s Sistema Asia Fund
Mumbai-based startup Seclore, which offers digital rights management solution to organisations, has secured $12 Mn in Series B round of funding. The round was led by led by Russian Conglomerate’s...
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How The Use Of IOT Can Save Energy
Smart appliances that interact with each other and share information using IoT and other building automation solutions have been around for years. But their high cost has traditionally been difficult...
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4 Things To Keep In Mind While Building A Startup
I’ve been a VC at Accel Partners, India for 4.5 years now, and have seen some 70+ companies funded by my team. There are certain axioms, which I have come to believe for a startup to be successful....
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