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From Bandhs to Bad Connectivity And More: When Will Startup India Get...
The Modi Government started the year 2016 with a ‘Big Bang’ for startups. A lot of dreams, new policies, millions in funds, tax waivers – the ‘Startup India, Standup India’ song was sung so well, that...
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Online Lingerie Brand Buttercups Raises Funding From Snapdeal’s Ex-CPO Anand...
Bengaluru-based online lingerie brand, Buttercups has raised an undisclosed amount in a fresh round of funding led by Snapdeal’s ex-CPO, Anand Chandrasekaran and existing investors Kanwaljit Singh and...
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ONGC Announces $15 Mn Startup Fund For Oil And Gas Sector
State-owned Oil and Natural Gas Corporation Limited (ONGC), has launched a $15 Mn (INR 100 Cr) fund for startups. With this, ONGC aims to nurture and incubate new ideas related working in the oil and...
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Kotak Mahindra’s New Step Towards Startups’ Growth; Opens Innovation Lab In...
Kotak Mahindra Bank has launched an ‘Innovation Lab’ in Bengaluru. This initiative will majorly benefit startups under the FinTech sector and would also be open to invest in startups. Kotak Bank’s...
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Mumbai Based Jewellery Marketplace Joolz Raises $493K
Joolz, a Mumbai-based jewellery community and the marketplace has raised $493K (INR 3.3 Cr) in a Pre-Series A round of funding from Ah! Ventures and others. This current seed round was also led by...
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20 Startups To Be Banned From Placement Drives In IITs
The startup community may soon face the brunt of refusing job offers to IIT students. Taking cognisance of the situation, IITs are likely to blacklist about 20 startups and ecommerce companies this...
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OYO Raises $62 Mn Funding From Softbank; Existing Investors Give It A Miss!
Gurugram-based budget hotel aggregator OYO has raised over $62 Mn (INR413 Cr) in a new round of funding led by existing investor – Japan’s SoftBank Group Corp. As per the documents filed by Oravel...
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How AI Chatbot Niki Is Changing The way Brands Interact With Their Consumers?
When a team of fantastic four, Sachin Jaiswal, Keshav Prawasi, Nitin Babel and Shishir Modi, started Niki.ai in April 2015, they were just interested in building an AI platform for customer support or...
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Loaded With 100 Mn Users, Kavin Mittal’s Hike Raises $175 Mn in Series D from...
Internet-based cross-platform instant messaging service Hike Messenger has raised $175 Mn in Series D round of funding, at a valuation of $1.4 Bn. The investment was led by Tencent Holdings and Foxconn...
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Times Group’s Brand Capital Invests In Ahmedabad Based Online Marketplace...
Ahmedabad-based etailer for regional goods Salebhai has raised $1.5 Mn (INR 10 Cr) from Times Group’s Brand Capital, for a minority stake. The investment is in line with previous rounds where funding...
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More Ways To Uber: Now Order Taxi Without The App
In the race to become the number one online cab hailing service in India, Uber has gone ahead and launched an easier way to order a taxi from their platform. Users can now order cabs from their mobile...
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YCombinator Is Coming To India This September; Here’s Why You Should Be Excited
In our Summer 2016 batch, about 30% of the startups we funded were based outside the US before YC (Y Combinator). And in the past year, some of the fastest growing companies we’ve worked with were...
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How We Grew Fynd 10x From 100K To 1 Mn in 6 weeks
A few months back Sreeraman wrote about how we at Fynd scaled from 10K downloads to 100K in four weeks. When we achieved that milestone, we had amassed a lot of understanding about what works with our...
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Career Discovery Platform Gradopedia Levels Up With Funding From Dubai Investors
Mumbai-based career discovery & assessment platform Gradopedia has raised an undisclosed round of seed funding led by in Dubai-based investors. Founded in 2015 by Hitesh Awtaney, Gradopedia is...
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Restaurants Cancel Orders With Food Delivery Services Swiggy, Shadowfax And...
Restaurants associated with Swiggy and Shadowfax have now pulled back from having their orders delivered by the startups. They cite a sudden spike of 25% per order as commission charged, as one of the...
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After A Blockbuster With Hrithik, Myntra All Set To Bowl Over Users With...
Cricketing icon Sachin Tendulkar has launched his premium men’s wear brand, True Blue, on Flipkart-owned Myntra. Launched in May this year, True Blue is a premium menswear apparel brand. Tendulkar...
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Swan Angel Network Bets On Logistics And Chatbots, Funds MaalGaadi And ZiPi
MaalGaadi, an online logistics marketplace and ZiPi, a chatbot platform recently raised funding from Indore-based Swan Angel Network. MaalGaadi has raised $375K (INR 2.5 Cr) from Swan Angel Network,...
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Mobile Security Startup Appknox Raises $671K In Pre Series A To Expand In...
When news of the data breach of the mobile accounts of 10 Mn StarBucks customers came in 2014, it left everyone struggling with one question – “Is it better for mobile apps to be ‘Convenient’ or to be...
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Updated: Ola Shuts TaxiForSure Business, Lays Off Over 1000 Employees
Bengaluru-based cab hailing startup – Ola has shut down its TaxiForSure business and has laid off over 1,000 employees. Ola had acquired TaxiForSure last year in March for over $200 Mn. This step seems...
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Banks, Government And Startups: The Holy Trinity Of India’s Fintech Revolution
While watching your favourite programme on television, you might have come across the latest Indusind Bank advert featuring Boman Irani (Bobby uncle) always trying to one up his neighbour, Farhan...
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