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RentoMojo Raises $5 Mn From Accel Partners & IDG Ventures
Bangalore-based online home appliances and furniture rental startup, RentoMojo, has raised $5 Mn Series A funding from IDG Ventures and Accel Partners. Rentomojo was founded in November 2014 by...
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BlueStone Raises $30 Mn From IIFL, Accel & Others
Bangalore-based online jewellery startup, Bluestone, has raised about $30 Mn (INR 200 Cr) in Series D round of funding. IIFL, Accel Partners along with Kalaari Capital, RB Investments and IvyCap...
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GSF Accelerator Invites Applications For Its Fifth Batch
Gurgaon based GSF Accelerator, is inviting applications for its fifth batch. For this three-month programme, GSF will select five startups. The batch will commence in August. Selected startups will...
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Commerce Ministry Launches online marketplace For Goods Procurement
The Commerce Ministry has launched a marketplace for online purchase of goods and services by various central government ministries and departments. The Directorate General of Supplies and Disposals...
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Blume Backed Recommerce Startup Cashify Aqui-Hires Bangalore Based MobiBing
Cashify, a re-commerce company engaged in the selling of old gadgets online, has acqui-hired Bangalore-based MobiBing. Post acquisition, COO of MobiBing, Nadeem Bari will be shifting to Germany to...
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Government Sets Up Incubation Cell At IIFT To Help Startups Expand In...
In order to support the export startups, the government has set up an incubation cell at the Indian Institute of Foreign Trade (IIFT). The initiative is named as ‘Knowledge for Innovation in Trade and...
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Former Coca-Cola Executive Sets Up A Food Venture – Fingerlix
Shripad Nadkarni, former marketing head at Coca-Cola India is set to launch a food startup – Fingerlix. The new venture has been set up with an initial investment of $1.3 Mn from Maverix Platforms...
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Choosing Jaipur Over Mumbai, Delhi Or Bangalore To Start Off May Not Seem...
Metro cities tend to be bigger markets. They are a one-stop destination for consumers, talent, investor and everything else required. But is moving to a bigger city a necessity for startups? Do startup...
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Here’s Why Lookup’s Acquisition Makes Sense For NowFloats
NowFloats, a Hyderabad-based enabler of SME’s online presence, has acquired chat-commerce platform LookUp in a cash and stock deal. Post acquisition, the technical and customer-support division of...
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Data Analytics Startup Sagacito Raises $10 Mn From Star India
New Delhi-based data science and analytics startup Sagacito Technologies has reportedly raised close to $10 Mn from Star India Pvt. Ltd, a subsidiary of Rupert Murdoch’s Twenty-First Century Fox Inc....
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Jabong’s Top Brass Under Scanner For Financial Irregularities; Talks Between...
After the Foodpanda trouble last year, another of Rocket Internet’s business in India is in the midst of controversy over allegations of financial irregularities by its top brass. A forensic audit...
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Fintech Startup NiYO Solutions Raises $1 Mn From Prime Venture Partners
NiYO Solutions, a payroll and benefits startup has raised $1 Mn (INR 6.7 Cr) by venture capital firm, Prime Venture Partners. The Bangalore-based fintech startup will enable a pay raise of up to 10%...
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Income Tax Filing Portal Tax2Win Raises $1 Mn
Income tax filing portal, Tax2Win, has raised around $1 Mn (INR 6 Cr) from an undisclosed business house. Tax2Win was founded in February 2015. It enables users to file income tax return in three...
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Indian Startup Funding Half Yearly Report: The Curious Case Of The Indian...
The first half of 2016 passed by and as we step into second half of 2016, let’s have a look at the performance of H1 2016. Over the months we have been observing a number of change in the ecosystem,...
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From Mumbai Slum To CEO: “Pehelwaan” Entrepreneur Rahul Narvekar’s Epic &...
Any kid starting college wants new shoes. Rahul Narvekar, ex-CEO of NDTV Ethnic Retail Limited’s Indian Roots, was the same. But coming from a Mumbai chawl in a family struggling to make ends meet made...
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Gurgaon Based Food Delivery Startup BiteClub Stops Operations
Gurgaon-based online marketplace for chefs prepared meals, BiteClub, has halted its operations. Founder Prateek Agarwal, told Inc42, “We are on a temporary halt. While scaling up we faced certain...
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Building A Startup Doesn’t Make You Special
I know startups are cool right now. They’re incredibly hot, they’ve broken into the mainstream spotlight and not a day goes by that we don’t read about some young 20-something who quit their job and...
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Applop Raises Bridge Round Of Funding From GHV Accelerator
Applop Mobile Solutions, a SAAS provider that enables users to make their own mobile app, has raised a bridge round of funding from GHV Accelerator. The startup has received about $250K so far and...
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‘Startup Booster Kit’ To Be Launched For Startups In Karnataka
The Karnataka government recently announced to come up with a startup booster kit. It will help companies register their startups with Karnataka Biotechnology and Information Technology Services...
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Logistics Startup Truckola Raises $595K Via LetsVenture
Mumbai-based tech focused logistics startup Truckola has raised $595K (INR 4 Cr) from angel investors via LetsVenture. The round was led by Abhishek Agarwal of Fortune Interfinance (FIFL). The round...
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