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TransferWise launches international money transfers via Facebook Messenger

February 21, 2017 4:28:20 pm

TransferWise's chatbot enables customers to send money to friends and family to and from the United States, Britain, Canada, Australia and Europe from Facebook Messenger.

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Bengaluru: 4,000 startups received investments of $1 billion in the last 2 years

February 6, 2017 5:00:45 pm

Karnataka Governor Vajubhai Vala said Bengaluru retains its lead as one of the startup capitals of the world.

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Home services startup Taskbob shuts shop

January 20, 2017 7:34:25 pm

In an internal communication, Taskbob co-founder and CEO Aseem Khare said the company shut down its operations as of January 19 due to unforeseen circumstances.

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FICCI launches initiative aimed at travel start-ups

December 29, 2016 1:40:04 pm

Leading investors such as Sequoia, Inventus Capital, Kae Capital and several angel/venture capital firms are expected to participate.

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Deal size gets smaller: ‘Startups witness 44.3% decline in investment in 2016’

December 27, 2016 3:05:06 am

The number of investments in startups fell to 181 deals in the last quarter of 2016 from 346 a year earlier.

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Ahmedabad: 20 start-ups to get financial help

December 25, 2016 6:10:45 am

ore than 200 applications were received and 50 were shortlisted for the first round.

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A Competitive Edge: Two education start-ups are gaining ground among students

December 24, 2016 6:05:39 am

WHEN they started working on it, their vision was to create a positive impact on the world. For education start-up Gradeup, its young founders — Shobhit Bhatnagar, Vibhu Bhushan and Sanjeev Kumar — saw ‘education as the most fundamental way of empowering people’. “With the rise of mobile phones and internet technology, we realised that […]

Delivery Hero acquires foodpanda, Rocket Internet stake now at 37.7%

December 11, 2016 3:58:52 pm

Both Foodpanda and Delivery Hero are backed by Rocket Internet.

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Israeli billionaire Marius Nacht bets big money on healthcare

November 15, 2016 4:10:31 pm

Israel has developed a reputation for churning out startups, but most are snatched up in early stages and very few have gone on to become industry leaders.

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T-Hub’s new program T-Bridge to connect Indian startups with global market

October 18, 2016 2:17:46 am

T-Bridge will enable startup communities in India and around the world to cross-pollinate ideas, innovate and create channels for knowledge transfer.

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10 Indian startups to participate in Japan’s largest IT forum

October 2, 2016 2:46:58 pm

The startups are developing solutions in domains such as agriculture, logistics, and industrial automation, Nasscom said in a statement.

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Startups rev up India’s appeal as destination for innovation, digital transformation

September 17, 2016 10:39:19 am

Startup India' has brought lots of positivity among the entrepreneurs in India, as India has the third largest number of startups globally, said Consul General of India in Chicago, Dr Ausaf Sayeed.

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NewsDistill raises $100,000 in seed funding

September 16, 2016 4:25:52 pm

NewsDistill aggregates news sourced from various Indian newspapers, television channels, RSS feeds, custom feeds and social media in eight major Indian languages besides English.

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Startup IdeaChakki raises funds from Ratan Tata

September 12, 2016 2:38:17 pm

Tata's validation on idea will help in attracting more investors given his experience in managing and running Taj group of hotels, IdeaChakki co-founder Gunjan Mehrish said.

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Snapdeal offers Rs 1,000-cr collateral-free loans for sellers

September 6, 2016 7:30:34 pm

The loans would be disbursed through its ongoing programme -- Capital Assist -- which is now managed by FreeCharge.

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Will achieve 1 billion dollar gross merchandise value figure this fiscal year, says Myntra

August 22, 2016 8:07:49 pm

About future plans, Narayanan said, the objectives are clear and the mission is to democratise fashion and make India a colorful stylish place where fashion and life style is accessible to every one.

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GiftCity banks get off to a roaring start mopping up $650 million

August 22, 2016 8:57:50 am

GiftCity in Ahmedabad has got off to a good start with financial services players mopping up over USD 650 million in forex funds through the Centre as of June.

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India’s ride-hailing firm Ola sideswiped as Uber, Didi team up in China

August 9, 2016 4:56:53 am

Didi, now worth around $35 billion, last year invested about $30 million in Ola, which is also backed by Japan's SoftBank Group, and the two are allies in an anti-Uber group.

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Start-ups seek tax concessions for longer period

July 29, 2016 4:29:27 am

The DIPP will soon come up with a list of the rules that start-ups have to comply with, in a bid to increase the level of awareness as well as compliance levels.

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Flipkart’s Myntra buys Jabong for $70 mn from Global Fashion Group

July 27, 2016 1:56:42 am

India’s largest e-commerce company Flipkart, through its fashion unit Myntra, will acquire online fashion retailer Jabong from the Global Fashion Group (GFG) for $70 million in cash, a move that follows the trend of consolidation within the online commerce industry. Apart from Flipkart, local rival Snapdeal and Kishore Biyani-led Future Group were also in the […]

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Myntra acquires Jabong for $70 million cash: Here is all you need to know

July 26, 2016 5:06:21 pm

Myntra acquires Jabong: Global Fashion Group, as part of its effort to accelerate profits, has sold Jabong to Flipkart Group for $70 million in cash

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QuikrJobs acquires ‘Hiree’

July 26, 2016 12:38:40 pm

QuikrJobs recently reached a milestone of over 10 lakh job seeker profiles created through its missed call service alone.

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Jugnoo files a patent for offline auto rickshaw booking

July 26, 2016 12:26:36 pm

The feature facilitates a process for connecting Jugnoo users to Jugnoo app in an offline mode.

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Flipkart acquires GFG’s Jabong through fashion portal Myntra

July 26, 2016 2:50:07 pm

Flipkart's Sachin Bansal said: "Welcome Jabong India to the Flipkart family. We'll create history together."

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Employees in start-ups favour younger bosses: Report

July 13, 2016 8:33:15 pm

A younger boss is more understanding and practical, reasons why employees prefer them more, said the headhunter firm in its report.