Journalism of Courage
STARTUPS NEWS - Page 5
How dotcom survivors built a $950 million startup in IndiaSubscriber Only
March 21, 2018 14:25 IST
Bangalore-based Bigbasket delivers everyday cooking essentials like ghee (clarified butter), diced coconut and fragrant basmati rice, as well as 18,000 other items from bread to laundry detergent to eight million customers in 25 Indian cities.
Zomato, Swiggy gets $700m investment, restaurant sector $843mSubscriber Only
March 7, 2018 08:31 IST
PE and VC investors infused $843 million in the restaurant segment, including in categories such as quick service, casual dining and fine dining during the last five years.
Swiggy raises Rs 642 crore from Naspers, China’s Meituan-Dianping
February 9, 2018 09:41 IST
Naspers has also invested into the parent company of Swiggy's rival foodpanda, Delivery Hero.
Second highest after Bengaluru: City-based startups raise funds worth over $609 millionSubscriber Only
January 14, 2018 04:47 IST
Investors looked at Mumbai more keenly than at Delhi, which saw a 3 per cent drop in fundings last year compared to 2016.
2017 was not a great year for startupsSubscriber Only
January 1, 2018 00:04 IST
At 1,288, significant drop in number of new registrations; nearly 6 times as many came up in 2016
GES 2017: When PM Narendra Modi launched Mitra, the ‘Made in India’ robotSubscriber Only
November 29, 2017 21:14 IST
PM Narendra Modi launched Mitra at GES 2017: The robot uses facial recognition technology to identify people and can also recognise several languages.
Oil companies to back 30-plus start-ups with Rs 320-crore fund
October 26, 2017 02:00 IST
The selected start-ups work in various fields related to energy such as converting waste plastics to petroleum fuels, solar stove, multipurpose fuel from agricultural waste biomass and leak detectors for liquefied natural gas (LNG) cylinders, among others.
Stayzilla case: NCLT orders insolvency proceedings
September 19, 2017 03:53 IST
Stayzilla counsel submitted that there were deficiencies in the works done by the vendor and accused Jigsaw of creating fake invoices to raise the bills.
Apprenticeship Rules: DIPP requests MSDE to extend self-certification duration for start-upsSubscriber Only
August 22, 2017 03:05 IST
Firms hiring apprentices just submit self-declaration with regards to Apprenticeship Rules for first year; DIPP has requested the ministry to raise it to 5 years
Start-ups complain to Centre: ‘PSUs not following public procurement guidelines’Subscriber Only
August 18, 2017 04:10 IST
Centre made it mandatory for its ministries, CPSUs to procure minimum 20% of their products & services from micro and small enterprises from April 1, 2015
FinTech software services market to reach $14 billion by 2020: Kant
July 28, 2017 19:59 IST
"Currently, more than 600 startups are in the field of lending, payments, insurance and trading and the current financial technology software services market stands at USD 8 billion and this is expected to grow to about USD 14 billion by 2020," Amitabh Kant said.
Indian-origin man’s start-up bags UK’s biggest funds injection
May 12, 2017 19:54 IST
The firm employs some 200 staff and recently opened offices in San Francisco.
Intellectual Property: Government extends IP protection scheme for startups till 2020
April 25, 2017 01:30 IST
Startups covered under SIPP will not be required to obtain certificate of an eligible business from the Inter-Ministerial Board of Certification
Airbnb CEO Brian Chesky meets PM Narendra Modi: Here’s what they discussed
March 21, 2017 08:16 IST
Airbnb on Sunday launched Trips in Delhi to help users experience unique features about destinations across the country.
Flipkart’s $1 billion boost will come handy in war against against Amazon, SnapdealSubscriber Only
March 20, 2017 19:19 IST
Flipkart has raised $1 billion at a valuation of $10 billion and plans fundraising for a similar amount in the coming months, Bloomberg reported quoting sources privy to the developments.
StayZilla co-founder Yogendra Vasupal arrested by Chennai Police in cheating case
March 15, 2017 18:52 IST
Vasupal, however, rubbished the cheating allegations against him and shared his ordeal in a blog titled "Help! I need everybody".
Anil Ambani’s Reliance Cap sells Paytm stake for Rs 275 crSubscriber Only
March 7, 2017 13:12 IST
Paytm-Reliance Capital deal gives a valuation of over $4 billion to Paytm, which is already backed by Alibaba group as a strategic investor.
TransferWise launches international money transfers via Facebook Messenger
February 21, 2017 16:28 IST
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.
Bengaluru: 4,000 startups received investments of $1 billion in the last 2 years
February 6, 2017 17:00 IST
Karnataka Governor Vajubhai Vala said Bengaluru retains its lead as one of the startup capitals of the world.
Home services startup Taskbob shuts shopSubscriber Only
January 20, 2017 19:34 IST
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.
FICCI launches initiative aimed at travel start-ups
December 29, 2016 13:40 IST
Leading investors such as Sequoia, Inventus Capital, Kae Capital and several angel/venture capital firms are expected to participate.
Deal size gets smaller: ‘Startups witness 44.3% decline in investment in 2016’
December 27, 2016 03:05 IST
The number of investments in startups fell to 181 deals in the last quarter of 2016 from 346 a year earlier.
Ahmedabad: 20 start-ups to get financial help
December 25, 2016 06:10 IST
ore than 200 applications were received and 50 were shortlisted for the first round.
A Competitive Edge: Two education start-ups are gaining ground among studentsSubscriber Only
December 24, 2016 06:05 IST
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 15:58 IST
Both Foodpanda and Delivery Hero are backed by Rocket Internet.
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