Start-up India stand-up India - Page 3 - SkyscraperCity
 

forums map | news magazine | posting guidelines

Go Back   SkyscraperCity > Asian Forums > India > Economy and Industries > Business & Economy


Reply
 
Thread Tools
Old December 9th, 2015, 03:29 PM   #41
kalasha
Registered User
 
kalasha's Avatar
 
Join Date: Oct 2013
Posts: 166
Likes (Received): 36

Flexeye launches incubator called HyperCat for startups in IoT space
Quote:
The 8,000 sq ft centre in Hyderabad will accommodate 40 Indian startups that are focusing on IoT and smart city technologies
Quote:
HyperCat, a not-for-profit consortium involving 700 international businesses including British Telecom, Cisco, Flexeye, KPMG, Symantec and WSP, is led by Flexeye and supported by the UK government.
kalasha no está en línea   Reply With Quote
Sponsored Links
Advertisement
 
Old December 10th, 2015, 06:18 AM   #42
kalasha
Registered User
 
kalasha's Avatar
 
Join Date: Oct 2013
Posts: 166
Likes (Received): 36

Microsoft to incubate 500 start-ups in 5 yrs
Quote:
Most of them are either start-ups working on Internet of Things (IoT) or independent software vendors that would help in the 'Digital India' and 'Smart City' initiatives. According to Microsoft, there are around 4,500 tech-based start-ups in India.
Quote:
Microsoft is also working with start-ups that are working in the fields of sensor technology, infrastructure for transportation, water usage, medical care, emergency response, and air quality, among others.

In the long run, the company plans to organise meet-ups of start-ups with various state government so that it can work together on 'Smart City' initiatives. The company plans to work with the start-ups being incubated in their accelerator programme in the near future and hopes to turn them into customers.
Quote:
According to Microsoft, India is the third largest start-up ecosystem in the world and the fastest growing. It recently opened an office in San Francisco called The Reactor, which is a space used as a touchdown point for alumni from the accelerator programme. It was opened in mid-October this year.
kalasha no está en línea   Reply With Quote
Old December 11th, 2015, 09:31 PM   #43
Jennoida
Registered User
 
Jennoida's Avatar
 
Join Date: Apr 2011
Posts: 365
Likes (Received): 118

India Funding Roundup: BlackBuck, Urban Clap, Chillr, Paynear, Online RTI, and More

BlackBuck
B2B logistics startup BlackBuck has raised $25 million (about Rs. 167 crores) in funding in its Series B round from Tiger Global, Apoletto (DST-Yuri Milner's Founders Fund), Accel and Flipkart. The Bengaluru-based startup was founded in April this year by Rajesh Yabaji, Chanakya Hridaya and Ramasubramaniam has team of 200 people and a presence in 40 locations across the country.

UrbanClap
Local services marketplace UrbanClap announced on Thursday that Tata Sons chairman emeritus Ratan Tata had invested in its firm. The investment comes after it raised $25M in Series B from SAIF, Accel and Bessemer partners in November 2015.

eureQa
Hyderabad-based eureQa, a test automation SaaS (software-as-a-service) startup, Friday announced it has raised a seed round of $600,000 (roughly Rs. 4 crores) in funding from Sashi Reddi and Gabriel Investments, a Philadelphia-based venture fund. As a part of the funding, Sashi Reddi, managing partner at SRI Capital, will join eureQa's board. Founded in 2012 as a division of Tripod Technologies by Badri Nittoorand Bari Chittamuri, the company aims to provide an easy to use test automation platform that meets the demands of enterprise application developers working on mobile, social, and cloud based applications.

Chillr
Sequoia Capital, Blume Ventures, Uniqorn Ventures and other investors have reportedly invested $7 million (roughly Rs. 46.7 crore) in a Series A round in in Mumbai-based Backwater Technologies Pvt Ltd, which runs Chillr, a peer-to-peer money transfer and recharge app.

Paynear
Hyderabad-based mPOS solutions provider Paynear has reportedly raised $2.5 million (roughly Rs. 16.7 crores) in Pre-Series A funding from Mitesh Majithia. Founded in 2013 by Anil Bharadwaj, Maulik Shah and Priti Shah, the startup reportedly expects to ramp up its merchant base from around 5-10 thousand to one lakh in a year.

OnlineRTI
Bengaluru-based OnlineRTI, an online platform that lets anyone file an RTI application for Rs. 200, has reportedly raised $150,000 (roughly Rs. 1 crore) in an angel round of funding from LetsVenture, Mohandas Pai, and existing investors. Founded in 2014 by Vinoth Ranganathan, and Vinoth Ranganathan, the startup handles government fees demand drafts, court fee stamps and paperwork, with applications sent via registered or Speed Post.

Homestudio
Online furniture startup Homestudio has reportedly raised $5 million (roughly Rs. 33.4 crores) in seed funding from Bren Corporation. Founded in November 2015, the Bengaluru-headquartered company currently reportedly has 50 employees and plans to expand to all major cities in the next 12-18 months.

Holisol
Delhi-based ecommerce logistics provider Holisol Logistics has reportedly raised $10 million (roughly Rs. 66.7 crores) in funding from CLSA Capital Partners. Founded in 2009 by Manish Ahuja, Naveen Rawat and Rahul Dogar, the company reportedly plans to use the funds to expand its last mile delivery network, and set up more warehouses.

Written with inputs from PTI



http://gadgets.ndtv.com/apps/news/in...nd-more-776817
__________________
INDIA - 3rd greatest power of the world.
NOIDA - Financial capital of UP!!

Pals_RGB liked this post
Jennoida no está en línea   Reply With Quote
Sponsored Links
Advertisement
 
Old December 22nd, 2015, 09:12 AM   #44
kakkarnehaom
Relocate Your Home - relo
 
Join Date: Dec 2015
Location: Delhi
Posts: 3
Likes (Received): 0

India grows in every field I know Early India be good in every sector
kakkarnehaom no está en línea   Reply With Quote
Old January 18th, 2016, 09:14 PM   #45
rohit176
RohitKansal
 
Join Date: Jul 2014
Location: Delhi
Posts: 12
Likes (Received): 0

Really great links, Kalsha. Thumbs up!
rohit176 no está en línea   Reply With Quote
Old January 22nd, 2016, 10:40 PM   #46
Jennoida
Registered User
 
Jennoida's Avatar
 
Join Date: Apr 2011
Posts: 365
Likes (Received): 118

India Funding Roundup: Silvan, SnapBizz, ShabdaNagari, LocalCircles, Little, Housing, Fisdom, Just Buy Live, Easypolicy


The week following the Startup India event has seen the largest investments going to startups specialised in online insurance, B2B distribution, and e-commerce enablement solutions.

Silvan
Silvan Innovation Labs, a Bengaluru-based company providing home security and automation products, has reportedly raised Rs 3.5 crores from Chennai Angels. The company will focus on offering its services directly to home owners.

SnapBizz
Bengaluru-based e-commerce marketing enabler SnapBizz has reportedly bagged around Rs. 48 crores in a fresh round of funding led by Jungle Ventures, Taurus Value Creation, Konly Venture and Blume Ventures. Founded in 2013 by Prem Kumar and Yashwanth Prakash, the startup provides hardware and software solutions for retail stores to set up a Web store, manage stock, and engage customers.

ShabdaNagari
Kanpur-based ShabdaNagari, a Hindi social networking platform has reportedly raised Rs. 1.2 crores in an angel funding round from Kanpur Angels and others. Founded in late 2015 by Amitesh Mishra and Nikhil Tiwari, the startup plans to expand the genres covered on the site and upgrade the user experience.

LocalCircles
Citizen engagement platform LocalCircles announced that it has raised an undisclosed sum of funding from Dalmia Group Managing Director Puneet Dalmia, who has become an investor in the company. The funds will be used to enable communities for many more causes and making the existing existing communities available to many more citizens, the company said in an emailed statement.

Little
App-based deals marketplace Little has reportedly raised an undisclosed amount of funding from Singapore-based sovereign wealth fund GIC. Little had raised $50 million in July 2015 from Paytm, SAIF Partners, and Tiger Global, and acquired curated deals portal Trideal in October 2015.

Housing.com
Realty portal Housing.com has raised an additional Rs. 100 crores in funding from Japan-based SoftBank. Housing.com said that it it has 1.7 million verified listings to date received 85 million visits in 2015.

Fisdom
Personal finance app Fisdom has reportedly raised Rs 3.4 crores from a group of angel investors including Taxiforsure co-founders Raghunandan G and Aprameya Radhakrishna, and Commonfloor founder Sumit Jain. The startup will use the funding to build new products and increase the size of its team.

Just Buy Live
Mumbai-based B2B distribution platform Just Buy Live has reportedly secured roughly Rs. 100 crores in its Series A round from Mumbai-based investment firm Alpha Capital Advisors. JustBuy offers apps for Android and iOS to businesses that have a verified and valid business proof.

Easypolicy
Noida headquartered Easypolicy, an online platform for comparison and sales of insurance has reportedly raised Rs. 15 crores in a fresh round of funding, led by Unilazer Ventures. The funds will reportedly be used to build its technology platform, enhance its product portfolio, and strengthen its marketing team.
__________________
INDIA - 3rd greatest power of the world.
NOIDA - Financial capital of UP!!
Jennoida no está en línea   Reply With Quote
Old January 30th, 2016, 10:20 PM   #47
Jennoida
Registered User
 
Jennoida's Avatar
 
Join Date: Apr 2011
Posts: 365
Likes (Received): 118

India Funding Roundup: A Website Builder for Photographers, a Social Network, and More

Our latest roundup that look at startups that received funding over the course of the week sees late stage investments in startups targeting the SME sector, retail banking, and big data, as well as seed investments in photo curation, social networking, and on-demand concierge services.

SIFTR Labs
Venture Catalysts, an India-based seed investment platform dislosed on Monday its $150,000 (roughly Rs. 1 crore) seed investment in Noida-based SIFTR Labs. Founded in 2015 by Romil Mittal and Mayank Bhagya, SIFTR Labs aims to assist photographers in managing their photography with a self-updating photo website that curates digital images using machine learning.

Power2SME
Gurgaon-based Power2SME, a B2B group buying marketplace targeted at small and medium enterprises has reportedly raised around $20 million (roughly Rs. 140 crore) from Nandan Nilekani, with participation from existing investors Accel Partners, Kalaari Capital and Inventus Capital. Founded in 2012 by R. Narayan, Power2SME reportedly has over 30,000 SMEs on its platform.

Qlivery
Gurgaon-based on-demand concierge service startup, Qlivery, has reportedly raised an undisclosed amount of funding from Chandigarh Angels Network. Founded in 2015 by Karan Saharan, Chetan Agarwal, Sonal Saraogi, Shivani Agarwal and Rohit Pansari, the startup plans to scale its operations and enhance the implementation of AI, while providing assistance to customers. The service costs Rs. 75 for the first five 5 kilometres, and Rs. 5 per kilometre after that.

EPS
Electronic Payment and Services, (EPS), a retail banking technology and automated teller machine (ATM) services provider, has received a $25-million (roughly Rs. 169 crores) funding from UK-based Apis Partners. The funding is reportedly in exchange for a minority stake and board representation in th company.

Qubole
Big data-as-a-service company Qubole announced that it has closed a $30 million (roughly Rs. 203 crores) Series C financing round led by IVP. Existing investors CRV, Lightspeed Venture Partners and Norwest Venture Partners invested additional capital into the company as part of the financing. Headquartered in Mountain View, with an office in Bengaluru, Qubole will use this funding to expand the availability of its a self-service platform for big data analytics, which now processes 250+ petabytes of data each month.

PlexusMD
Ahmedabad-based PlexusMD a social networking platform for doctors has reportedly received the backing of Arihant Patni and Avnish Mehra. Founded by IIM grads Dr. Rohan Desai and Binal Doshi, the platform reportedly has over 15,000-plus registered doctors.
__________________
INDIA - 3rd greatest power of the world.
NOIDA - Financial capital of UP!!
Jennoida no está en línea   Reply With Quote
Old January 30th, 2016, 10:21 PM   #48
Jennoida
Registered User
 
Jennoida's Avatar
 
Join Date: Apr 2011
Posts: 365
Likes (Received): 118

India Funding Roundup: An Online Tea Shop, a Home Renovation Marketplace, and More

VC firm Saama Capital India Advisers was in the news recently, after raising $100 million (roughly Rs. 680 crores) in three separate funds. Our latest funding roundup sees angel and pre-series A investment rounds in a home renovation marketplace, a portal for tea shopping, an online rental platform, a workforce management software provider, and an app-based wellness outlet chain.

Buildzar
Gurgaon-based Buildzar, a marketplace for home construction and home renovation announced that it has received $4 million (roughly Rs. 27.2 crores) from individual investor Puneet Dalmia in a pre-series A funding round. Buildzar operates two verticals: The Material Store - a marketplace with over 20,000 products related to home components and BuildMyHome, a curated platform with over 70 contractors and architects on its platform.

Teabox
Ratan Tata, Chairman Emeritus of Tata Sons has invested an undisclosed sum in Teabox, an online store that sells tea to over 90 countries around the world. This is Tata's fifth investment in 2016, following FirstCry, Tracxn, Dogspot, and Cashkaro.

(Also see: From Smartphones to Smartcars, Here's Ratan Tata's 2015 Startup Shopping List)

Whats On Rent
Bengaluru-based online rental platform, What's On Rent has reportedly raised an undisclosed amount of angel funding from Lalit Mangal, Co-founder of CommonFloor, and Neeraj Gupta, co-founder of Excubator. Founded in July 2015, the startup provides home appliances, computers, furniture, camping, fitness, and medical equipment on rent.

Applicate
Workforce management software provider Applicate, has reportedly raised $1 million (around Rs 6.8 crore) in angel investment from a group of high net worth individuals. The Bangalore-based company will reportedly use the funds to further develop Trade GINI,its mobile based e-commerce platform for offline retailers and online sellers.

Gajty
Gurgaon-based wellness outlets chain Gajty has reportedly secured an undisclosed amount in seed funding from US-based venture capital firm Purvi Ventures. The startup has been operational since in October 2015, and offers apps for users and merchants on the Play Store. It currently operates in Gurgaon with around 60 outlets, including spas and salons, and claims to have processed over 15,000 orders.
__________________
INDIA - 3rd greatest power of the world.
NOIDA - Financial capital of UP!!
Jennoida no está en línea   Reply With Quote
Old January 30th, 2016, 10:22 PM   #49
Jennoida
Registered User
 
Jennoida's Avatar
 
Join Date: Apr 2011
Posts: 365
Likes (Received): 118

India Funding Roundup: A Matchmaking Startup, a Marketplace for Used Vehicles, and More by Sriram Sharma

It was a massive week in terms of funding activity for the Indian startup ecosystem, with many startups securing seed funding rounds. Apart from food delivery, education and healthcare startups, crowdfunding and hybrid vehicle technology startups saw funding rounds come their way.

JustDoc
​Healthtech startup JustDoc has secured an undisclosed sum in seed funding from TracxnLabs, as well as angels such as Mohandas Pai, Mohit Saxena, Co-Founder, InMobi, Raghunandan G, Co-Founder, TaxiForSure, Singapore Angel Network, and others. JustDoc enables patients to do video consultations with doctors via its website and mobile apps, and said that it has completed 2,500 consultations so far. The startup is targeting five specialisations currently - general medicine, psychology, gynaecology, dermatology and paediatrics. JustDoc also provides 24/7 access to over a 100 quality doctors from top hospitals, and is now in the process of partnering with several top government and private hospitals, the company said in an emailed statement.

Bitgiving
Crowdfunding platform Bitgiving has raised an undisclosed amount of seed funding from angel investors Harminder Sahni, Krishna Mehra, and Sanjay Bakshi, among others. The New Delhi-based startup helps individuals and organisations raise funds for entrepreneurial, creative and social projects, and will use the funds to scale up the team, enhancing the product and marketing. Founder and CEO Ishita Anand said in an emailed statement that the company plans to launch BitGiving 2.0, which will redefine community-driven crowdfunding.

Aisle
Bengaluru-based matchmaking startup Aisle has raised Rs. 1.25 crores in its pre-series A round from TermSheet and ah! Ventures. The round was led by Anand Vijay, a Bay Area-based angel investor on TermSheet.io and jointly advised and syndicated with ah! Ventures, with participation from Snapdeal Chief Product Officer Anand Chandrasekaran, as well as Mekin Maheshwari, Akshay Syal, Richard Kim, Jana Pokkalla, and Manish Gautam. Founded in 2014 by Able Joseph, the platform gets 500-800 registrations per day from over 50 countries activated, with over 25 percent of the registered base 'connected' on the platform, the company said in an emailed statement.

Altigreen
Jupiter Capital has invested $2 million (roughly Rs. 13 crores) in Altigreen Propulsion Labs, a niche startup providing technology-enabled solutions for electric and hybrid powertrains. Jupiter Capital is looking to invest in game-changing technology ventures focused on Make in India, Design in India, and Smart City, the company said in a statement. Altigreen is engaged in research, design and development of proprietary hybrid vehicle technology for the Indian market. Altigreen has four co-founders and is supported by a strong engineering team and an advisory panel of cross-domain industry experts.

Truebil
Mumbai-based Truebil, an online marketplace for used vehicles, has reportedly raised $5.15 million (roughly Rs. 35 crores) in Series A funding from Kalaari Capital, Inventus Capital, Tekton Ventures, and existing investor Kae Capital. Founded in March 2015 by former Housing.com employees, the startup plans to use the funds to expand operations into other metro cities.

FindUrClass
FindUrClass, a search and discovery platform for class seekers, has reportedly raised a fresh round of funding from members of VentureNursery. Launched in March 2015, the startup reportedly lists over 20,000 classes in Mumbai, Pune and Bengaluru, and plans to expand to other metro cities.

Tinmen
Hyderabad-based food delivery startup, TinMen, has reportedly raised an undisclosed amount in an angel funding round from Lead Angel Network. Founded in August 2015, the startup reportedly delivers over 8,000 lunches to professionals every month, with a scheduler built into its app that's available for Android and iOS.

DesignBids
DesignBids, a marketplace for interior design services, has reportedly raised its maiden round of funding from the Indian Angel Network. Currently operational in Delhi, Bengaluru, and Mumbai, the three-month-old startup will use the funds to expand into major metros and increase its headcount.

WiZN Systems
Bengaluru-based WiZN Systems, a maker of home automation solutions, has reportedly raised an undisclosed angel round led by Taiwan's Foxconn and angel investors.
__________________
INDIA - 3rd greatest power of the world.
NOIDA - Financial capital of UP!!
Jennoida no está en línea   Reply With Quote
Old January 30th, 2016, 10:23 PM   #50
Jennoida
Registered User
 
Jennoida's Avatar
 
Join Date: Apr 2011
Posts: 365
Likes (Received): 118

India Funding Roundup: Swiggy, Jugnoo, Industrybuying, DailyObjects, Indus OS, Tinystep, CashKaro, Collegedunia by Sriram Sharma

Funding activity seems to have increased in the week following the Startup India event, which saw the announcement of a Rs. 10,000-crore fund. The largest funding round in our latest roundup goes to a food delivery startup, apart from large funding rounds from Omidyar Network and Unilazer Ventures.

Jugnoo Auto rickshaw aggregator Jugnoo has raised $5.5 million (Roughly Rs. 37.3 crores) in Series-B funding, led by Paytm with participation from Snow Leopard Ventures. Launched in November 2014, Jugnoo serves 22 cities, and claims a user-base of 2 million and 30,000 transactions per day, with more than 6,000 autos empanelled under the brand at present. In an emailed statement, Samar Singla, Co-Founder and CEO, Jugnoo, said that the funding will be used to to increase its presence to 25 more cities over the coming six months and provide access to the remotest corners of the country.

Swiggy
Bengaluru-based food delivery startup Swiggy has raised $35 million (roughly Rs. 238 crores) in a Series-C round led by New York-based Harmony Partners and Singapore's RB Investments, with participation by existing investors including SAIF Partners, Norwest Venture Partners and Accel Partners. Founded in 2014, Swiggy services users online through its apps on Android and iOS in Bengaluru, Gurgaon, Chennai, Hyderabad, Delhi, Mumbai, Pune, and Kolkata.

Industrybuying
Delhi-based Industrybuying, a B2B e-commerce marketplace for industrial supplies has reportedly raised $1.8 million (Rs. 12 crores) in debt financing from venture-debt provider Trifecta Capital. Launched in 2013 by siblings Rahul Gupta and Swati Gupta, the startup claims to have over 30,000 registered SMEs shopping from the portal.

DailyObjects
Online gadget accessory store DailyObjects has reportedly raised Rs. 9 crores in funding from Unilazer Ventures, Lenskart founder Peyush Bansal and redBus founder Phanindra Sama. The Delhi-based startup reportedly works with 60 Indian artists and lists over 200,000 SKUs, selling over 15,000 cases a month. The company plans to enter the offline space with a hundred outlets by February.

Indus OS
Mumbai-based MoFirst, makers of FirsTouch OS, a regional language smartphone operating system, has raised $5 million (roughly Rs. 34 crores) in a round of funding led by Omidyar Network, and rebranded itself as Indus OS.

Tinystep
Tinystep, a parenting social network, has raised an undisclosed amount in seed funding from Flipkart. The Bengaluru-based startup plans to use the funds to develop the product, enhance user experience and strengthen its team, Tinystep said in a statement.

CashKaro
Ratan Tata has invested an undisclosed sum of funding in online cashback startup Cashkaro. The Gurgaon-based startup reportedly plans to build its technology enter international markets, and hire senior-level talent. Ratan Tata's investments in 2016 include Dogspot and Tracxn.

(Also see: From Smartphones to Smartcars, Here's Ratan Tata's 2015 Startup Shopping List)

Collegedunia
Education search engine Collegedunia has reportedly bagged Rs. 3 crore in its pre-Series A round of funding from Umang Kumar, co-founder and CEO of Gaadi.com. The website and app for Android provide information on universities and courses available in 20 education streams.
__________________
INDIA - 3rd greatest power of the world.
NOIDA - Financial capital of UP!!
Jennoida no está en línea   Reply With Quote
Old February 8th, 2016, 07:23 PM   #51
Jennoida
Registered User
 
Jennoida's Avatar
 
Join Date: Apr 2011
Posts: 365
Likes (Received): 118

India Funding Roundup: A Wedding Marketplace, Mobile Developer Tool Startup, and More
by Sriram Sharma , 8 February 2016

Our latest funding roundup compiles seed level and undisclosed investments in a toolkit provider for mobile app developers, wedding marketplaces, personal styling apps, and advertising networks. Two startups got Ratan Tata's backing on Monday, one is a developer of anti-cancer drugs, while the other is a online marketplace for industrial products.

Hansel.io
Bengaluru-based Hansel.io, has raised an undisclosed amount of funding through TracxnSyndicate, led by Endiya Partners. The round also saw participation from Tracxn Labs and angel investors Mekin Maheshwari and Rajesh Sawhney, among others. The startup offers a toolkit for mobile developers that automatically reproduces issues, fixes crashes at runtime, and dynamically communicates with users at an issue level.

Moglix
Tata Sons Chairman Emeritus Ratan Tata has invested in Moglix, an e-commerce company specialising in B2B procurement of industrial products. Tata will play an important role in mentoring the startup, founded in August 2015 by former Googler Rahul Garg.

Invictus Oncology
Delhi-based Invictus Oncology, a biopharmaceutical company focused on the development of therapeutics for cancer treatment, has received an undisclosed sum in funding from Ratan Tata, in his seventh investment of 2016. Founded in 2013, the startup reportedly employs a supramolecular technology platform to design anti-cancer drugs.

IStyleYou, AdUrCup
Gurgaon-based startup accelerator Green House Ventures (GHV) has reportedly invested $100,000 (roughly Rs. 67 lakhs) in personal stylist app IStyleYou and ad network AdUrCup. Delhi-based AdUrCup offers an affiliate offline advertising network for the food and beverages industry in Delhi NCR, while IStyleYou provides a chat-based personal styling advice through its app for Android users on Google Play.

Urban Dhobi
On-demand laundry service Urban Dhobi has reportedly raised an undisclosed amount in pre-Series A funding from consumer-centric venture fund Sixth Sense Ventures. The Jaipur-based startup will will utilise its funds to expand its operations to other cities and has reportedly served over 2,500 customes.

Weddingz
Weddingz.in, an online marketplace for booking and discovery of vendors for weddings, has reportedly secured an undisclosed amount in pre-Series A funding from consumer-centric venture fund Sixth Sense Ventures. Operational in ten Indian cities, the startup will reportedly use the funds to offer virtual tours and develop a mobile app.


http://gadgets.ndtv.com/apps/news/in...nd-more-799828
__________________
INDIA - 3rd greatest power of the world.
NOIDA - Financial capital of UP!!
Jennoida no está en línea   Reply With Quote
Old February 8th, 2016, 07:25 PM   #52
Jennoida
Registered User
 
Jennoida's Avatar
 
Join Date: Apr 2011
Posts: 365
Likes (Received): 118

Food Startup Zomato Is India's First Ecommerce Unicorn To Break Even, Headed for Profitability


India’s largest restaurant search and food delivery startup, Zomato, announced early this week that it has broken even in several big markets – including India – and will hit profitability by mid-2016.

When it does so, Zomato will be the first Indian e-commerce unicorn to become profitable, a significant milestone in a market where Indian startups are finding it quite challenging to lure investors for subsequent rounds because none of them are close to profitability. The Gurgaon, New Delhi-based Zomato is valued at just over $1 billion and its backers include Sequoia Capital, Singapore government’s Temasek Holdings and Indian ecommerce player, Info Edge.

“We don’t need funding to keep our lights on,” said Deepinder Goyal, 33, founder and CEO of Zomato whose tagline is “Never have a bad meal”. The startup is preparing to raise another round of funding, about $200 million, in April to expand its food delivery service. Investors like China’s Baidu are reportedly looking at Zomato.

“Our unwavering focus is on making money. The bulk of our revenues comes from advertising and we have doubled our ad revenues in the last four months while keeping costs stable,” said Goyal, a former Bain & Co executive who set up Zomato as a restaurant search service in 2008 by scanning and putting restaurant menus online. Last year, it entered the food delivery business and table bookings.

Zomato said on Monday that it hit operational break-even in its biggest market India, as well as the UAE, Indonesia and three other Asian markets. Goyal said Zomato’s break-even has come from running a very tight ship. “We are not hiring for the moment, and we are keeping tabs on every little bit of spending we do.” He said Zomato is looking to double its monthly revenues in the next six months.

Zomato’s financial announcement is significant as global investors have poured billions of dollars in venture capital into Indian startups in the last couple of years. Most of the money has come on the basis of market potential. India with its 1.2 billion people became the world’s second-largest base of smartphone users last month after China, overtaking the United States. Investors are, however, beginning to ask tough questions about valuation and spending.

Zomato’s healthy financials can mostly be attributed to the fact that the startup does not spend on either marketing or customer acquisitions, unlike other Indian unicorns Flipkart, Snapdeal and Paytm. Goyal described the business as content-driven, with very low customer acquisition costs. “Our competitors are burning $2-3 million a month on their food delivery businesses,” said Goyal. Zomato’s competitors include Rocket Internet’s Foodpanda and Accel Partners-backed Swiggy.

Many food delivery startups spend as much as $15 per customer as acquisition costs whereas Life Time Value (LTV), ecommerce jargon for net profit predicted on the entire future relationship with a customer, is about $4. Zomato said its customer acquisition cost is as low as $0.07 and it starts breaking even when the customer places the very first food delivery order.

Ecommerce startups in the food delivery segment have had a particularly harrowing 2015. Many have been forced to lay-off massively and shut down operations in smaller cities. Some food startups have shut down entirely and others have been accquired. Zomato too scaled back in four Indian cities and has laid off a few hundred employees last year. Its chief product officer Tanmay Saksena, a former Disney executive, quit recently.

The startup is India’s most global, listing 1.4 million restaurants in 23 countries. It has grown through acquisitions including American rival Urbanspoon last year.


http://www.forbes.com/sites/sarithar.../#285a299d2bb9
__________________
INDIA - 3rd greatest power of the world.
NOIDA - Financial capital of UP!!
Jennoida no está en línea   Reply With Quote
Old February 11th, 2016, 09:52 PM   #53
Jennoida
Registered User
 
Jennoida's Avatar
 
Join Date: Apr 2011
Posts: 365
Likes (Received): 118

India Funding Roundup: A Social Networking Startup, Loans Marketplace, and More
by Sriram Sharma , 10 February 2016

Our latest funding roundup compiles seed investments in Indian startups engaged in healthcare, retail, social networking, budget salon aggregators, and loan marketplaces.

Affimity
Bengaluru-based social networking startup Affimity announced Wednesday that it has secured $1.2 million (roughly Rs. 8.1 crores) in angel funding from Silicon Valley angel investors and founders. Founded in 2014 by Venkata Ramana, Amar Singh, and Parveen Mittal, the startup currently has over 35 channels on its platform, which can be accessed on the Web browser and through its mobile apps for Android and iOS.

Shopkirana
Indore-based Shopkirana, a B2B marketplace for retailers and suppliers, has reportedly raised an undisclosed amount of funding from Atul Jain, Anil Gelra, and other angel investors. Founded in February 2015, the startup claims to have over 3,000 retailers in Indore.

Capzest
Capzest, a Mumbai-based startup which provides a marketplace for unsecured personal and business loansm has raised reportedly raised $200,000 (roughly Rs. 1.3 crores) in its seed round of funding from Lion Ventures, and other high net worth individuals.

GlamStudios
GlamStudios, which operates a chain of branded budget salons, has reportedly secured an undisclosed amount in seed funding from former Rategain COO Aqeel Ahmed. Conceptualised in October 2015, the startup reportedly has a network of 10 salons in the NCR region, according to its founder and CEO Sadiya Naseem.

JoulestoWatts
Staffing solutions firm JoulestoWatts has reportedly raised an undisclosed amount of funding from Manipal Global Education Services (MaGE) and Saha Fund. Founded by Priti Sawant, the Bengaluru-based startup has reportedly developed automated recruitment workflows and analytics-based search engine profile matching as a part of its offering.

Anandakanda
Pune-based Anandakanda, which provides a medication management system that reminds its users when to take pills, has reportedly raised around $150,000 (roughly Rs. 1 crore) from US-based angel investors. The startup reportedly operates in India and Sri Lanka, and plans to enter the healthcare analytics space in the future.
__________________
INDIA - 3rd greatest power of the world.
NOIDA - Financial capital of UP!!
Jennoida no está en línea   Reply With Quote
Old February 16th, 2016, 08:36 PM   #54
Jennoida
Registered User
 
Jennoida's Avatar
 
Join Date: Apr 2011
Posts: 365
Likes (Received): 118

India Funding Roundup: Stock Trading and Cloud Management Platforms, Energy Analytics, and More
by Sriram Sharma , 12 February 2016

Our compilation of funding activity covers investments in consumer internet, hyperlocal e-commerce, solar power solutions, and more.

Bonhomia
Delhi-based Indulge Beverages that owns and operates tea and coffee capsules maker brand Bonhomia, has reportedly raised $1 million (roughly Rs. 6.7 crores) in angel funding. The startup retails its products through an online retail store and brick-and-mortar retailers such as Modern Bazaar and Godrej Nature's Basket.

Oybob
OyBob, an online marketplace for for on demand local services has reportedly raised an undisclosed amount angel funding from Sachin Dalal, Co-Founder, Infibeam.com. Oybob offers a discovery app on Android for local services and products, and presently serves the Delhi NCR region. The startup plans to add more organised vendors and services to its marketplace, and extend its services to other cities.

RKSV
Kalaari Capital is reportedly leading a Rs. 27 crore round with participation from GVK Davix Technologies and other investors in online stock trading and brokerage firm RKSV. The Mumbai-based company is reportedly clocking a daily-traded turnover of over Rs 6,000 crore across the NSE, BSE, and MCX.

ActOnMagic
Bengaluru-based ActOnMagic, a cloud management and analytics solution provider has reportedly raised seed funding of around Rs. 85 lakhs, led by NetMagic cofounder Jayabalan Subramanian. Founded in 2014 by Madan Ganesh Velayudham, the startup provides ActOn-Cloud, a software platform for enterprises to manage private and public clouds with actionable insights.

iGrenEnergi
iGrenEnergi, a startup focused on solutions for the solar and energy sector has reportedly raised $1 million (roughly Rs. 6 crores) in additional funding from Sunil Mehta, an active New York area angel. The company has created products for the clean tech sector to optimise generation, conversion, and storage of energy.
__________________
INDIA - 3rd greatest power of the world.
NOIDA - Financial capital of UP!!
Jennoida no está en línea   Reply With Quote
Old February 16th, 2016, 08:38 PM   #55
Jennoida
Registered User
 
Jennoida's Avatar
 
Join Date: Apr 2011
Posts: 365
Likes (Received): 118

India Funding Roundup: A Student Micro-Lending Startup, Rentals Marketplace, and More
by Sriram Sharma , 15 February 2016

Buddy
Bengaluru-based student micro-lending startup, Buddy, announced that it has raised a Pre Series-A funding round of $500,000 (roughly Rs. 3.4 crores) from Blume Ventures, TracxnLabs and other angels. Buddy enables college students to buy e-commerce products via short and long-term payment plans, and has partnerships with India's largest e-commerce players including Flipkart, Amazon and Snapdeal. The startup started operations in January and is seeing over 2,000 students signing up on a weekly basis, and has 5,000 active students on its platform, the company said in an emailed statement.

Snapbizz
Bengaluru-based retail technology startup SnapBizz has raised an undisclosed round of funding from veteran industrialist Ratan Tata, marking his eighth investment in startups in 2016. In January 2016, SnapBizz had announced a Series A funding of $7.2 million (roughly Rs. 48 crores) led by Jungle Ventures, Taurus Value creation, Konly Venture and Blume Ventures. Founded in 2013 by Prem Kumar and Yashwanth Prakash, the startup provides hardware and software solutions for retail stores to set up a Web store, manage stock, and engage customers.

AasaanJobs
Mumbai-based online recruitment marketplace Aasaanjobs said on Monday that it has raised $5 (roughly Rs. 34 crores) million in series A round of funding led by Aspada Advisors with participation from existing investors. The fresh inflow of capital will help the company realise its mission of taking its HR services on the cloud, a company release saidm adding this technological edge will pave way for the company to expand to newer geographies.

Snapdeal
Snapdeal announced on Sunday its $200 million (roughly Rs. 1,362 crores) fund raise from Canada's Ontario Teachers' Pension Plan (OTPP), with participation from Iron Pillar and other investors. Snapdeal stated it has 275,000 sellers, over 30 million products on its marketplace, and that it aims to build the country's most reliable and frictionless commerce ecosystem.

RentSher
Online P2P rentals platform RentSher has reportedly bagged more than $300,000 (roughly Rs. 2 crores) in seed funding from a group of angel investors. Founded by Abhijit Shaha, Harsh Dhand and Karandeep S Vohra in 2014, the startup is currently operational in Bengaluru and Delhi, and handles pick up and returns to the owner, and also supports cash on delivery payments.



http://gadgets.ndtv.com/internet/new...nd-more-802655
__________________
INDIA - 3rd greatest power of the world.
NOIDA - Financial capital of UP!!
Jennoida no está en línea   Reply With Quote
Old February 20th, 2016, 02:57 PM   #56
Jennoida
Registered User
 
Jennoida's Avatar
 
Join Date: Apr 2011
Posts: 365
Likes (Received): 118

India Funding Roundup: A Mobile Gaming Platform, Video Content Creator, and More
by Sriram Sharma

Our compilation of funding activity covers VC investments in a leading online video content creator and software provider for restaurants, apart from seed funding rounds in game development studios, food delivery, and a marketplace for Indian snacks.

The Viral Fever
Tiger Global Management has reportedly invested $10 million (Rs. 68.4 crores) in online video content creator The Viral Fever, the makers of online TV show Pitchers. Tiger Global has reportedly picked up close to 25 percent stake in the firm valuing it at around Rs. 270 crores.


Gamezop
Smartphone gaming platform Gamezop has reportedly bagged $350,000 (roughly Rs. 2.4 crores) in seed funding from a consortium of new and existing investors. Founded in 2015, the Delhi-based startup plans to deploy the funds in building up its technology, distribution alliance, and talent.

TableHero
TableHero, provider of an intelligent operating system for restaurants and small local businesses, has raised $1 million in seed funding led by growX ventures, with participation from other angel investors. The US and Bengaluru-based startup is reportedly launching its services in the US with a focus on West Coast cities.

BetterPlace
Bengaluru-based background verification service provider BetterPlace has reportedly secured Rs. 6.6 crores from Unitus Seed Fund. The startup plans to use the funding for geographical expansion, and develop its analytics.

Salebhai
Ahmedabad-based sweets and snacks delivery startup Salebhai has reportedly secured an undisclosed sum of funding from its own customers to fund its expansion. Founded in 2015, the company plans to go global with its offerings in the future.
__________________
INDIA - 3rd greatest power of the world.
NOIDA - Financial capital of UP!!
Jennoida no está en línea   Reply With Quote
Old February 20th, 2016, 02:59 PM   #57
Jennoida
Registered User
 
Jennoida's Avatar
 
Join Date: Apr 2011
Posts: 365
Likes (Received): 118

India Funding Roundup: A Warehouse Robotics Startup, Pharmacy Aggregator, and More
by Sriram Sharma

Our latest funding roundup compiles investments in e-commerce and logistics, sports aggregators, prescription delivery services, and alumni networking.

Ark Robot
Bengaluru-based warehouse automation startup Ark Robot, winner of the Qprize Make in India contest, has secured $350,000 (roughly Rs. 2.3 crores) in equity funding from Qualcomm Ventures on Thursday.

Tracxn
Startup research platform Tracxn has raised an undisclosed sum in angel funding from Japanese investor Teruhide Sato; former UIDAI chairman Nandan Nilekani; former Infosys CFO Mohandas Pai; WhatsApp's Neeraj Arora; Junglee Co-Founder Anand Rajaraman; Founder and CEO of Freshdesk, Girish Mathrubootham, and Aneesh Reddy, Co-Founder and CEO of Capillary Technologies. Founded in 2013, Tracxn said that it has grown its customer base by over 400 percent, with a client base spread across 20 countries.

OyePlay
Bengaluru-based playground and training aggregator OyePlay has reportedly secured an undislosed sum of funding from Zaikenn Management Services. Founded in July 2015, OyePlay lists playgrounds and trainers in five metro cities.

AlmaConnect
IIM Ahmedabad incubated alumni networking portal AlmaConnect has reportedly raised an angel funding from Mohandas Pai and Varun Aggarwal. Founded in 2011 by Rubish Gupta and Swapnil Khandelwal, the portal hosts 2000 alumni networks from 200 institutes.

Xpressbees
E-commerce logistics solutions provider Xpressbees has reportedly has reportedly raised Rs. 85 crores in funding from existing investors SAIF Partners, IDG Ventures India, NEA, Vertex Ventures, and Valiant Capital. Xpressbees provides e-commerce companies services like same day delivery, cash on delivery, shipment pickup from vendors, first-mile delivery, and reverse logistics.

CareOnGo
Medicine buying platform CareOnGo has reportedly raised $300,000 (roughly Rs. 2 crores) in seed funding from a consortium of investors. The Delhi-based startup was founded in 2015 by Yogesh Agarwal and Aditya Kandoi, and currently delivers prescription and OTC medicines through its website, app, and via WhatsApp in Bengaluru, Delhi, Noida, and Gurgaon on cash on delivery basis.

http://gadgets.ndtv.com/internet/new...nd-more-804441
__________________
INDIA - 3rd greatest power of the world.
NOIDA - Financial capital of UP!!
Jennoida no está en línea   Reply With Quote
Old February 22nd, 2016, 08:41 PM   #58
Jennoida
Registered User
 
Jennoida's Avatar
 
Join Date: Apr 2011
Posts: 365
Likes (Received): 118

India Funding Roundup: A Hyperlocal Discovery Platform, Mobile Parenting App, and More

by Gadgets 360 Staff , 22 February 2016

Our latest funding roundup covers angel and VC investments in startups engaged in hyperlocal discovery, parenting, home services, finance, medical diagnostics, and e-commerce.

Magicpin
Gurgaon-based hyperlocal discovery platform, Magicpin, has reportedly raised $3 million (roughly Rs. 20 crores) in Series A round of funding from existing investor Lightspeed Venture Partners. The startup founded in 2015 by Brij Bhushan, and Anshoo Sharma provides real-time promotions, loyalty programmes and content updates to promote merchants registered on its platform.

BabyBerry
Parenting app BabyBerry, operated by Bengaluru-based CereBrahm Innovations has reportedly secured $1 million (Rs. 6.8 crores) in angel funding. The startup provides features such as vaccination charts, health records management and doctor discovery, through its apps, available on iOS and Android.

Taskbob
Home services startup Taskbob has reportedly raised Rs. 28 crores in its Series A round of funding, led by IvyCap Ventures, and existing investors Orios and Mayfield. Currently operational in Mumbai, the startup plans to use the funds to expand to other cities, starting with Bengaluru.


Finance Buddha
VC firm Chennai Angels has reportedly invested an undisclosed amount in Finance Buddha, a loan comparison platform. The startup provides financial service products such as personal loans, unsecured business loans, home loans, loans against property and insurance.

Advantage Club
Gurgaon-based Advantage Club, a mobile-first platform for corporate employee benefits has reportedly raised Rs. 2.7 crores funding from a round led by Purvi Ventures, Mumbai Angels, and other angel investors. The startup plans to use the funds to expand its presence, and enhance the product with analytical features.

SigTuple
Medical technology startup SigTuple has reportedly received an undisclosed sum in seed investment from Flipkart founders Sachin and Binny Bansal, venture capital giant Accel Partners, and other angel investors. The Bengaluru startup aims to provide affordable solutions for automating disease diagnosis.

Jaypore
Delhi-based curated online retail store Jaypore has reportedly raised Rs. 30 crores in funding from social venture capital firm Aavishkaar. Founded in 2012, the startup reportedly records between 200-400 transactions a day, and plans to use the funds to scale up its technology infrastructure, brand building efforts and team size.
__________________
INDIA - 3rd greatest power of the world.
NOIDA - Financial capital of UP!!
Jennoida no está en línea   Reply With Quote
Old February 24th, 2016, 09:44 PM   #59
Jennoida
Registered User
 
Jennoida's Avatar
 
Join Date: Apr 2011
Posts: 365
Likes (Received): 118

8 Indian tech Startups that raised over USD 1 million in 2016

IoT & M2M Solutions: USD 4 million
Altizone, a Pune based startup which deals with IoT & M2M Solutions received Private equity from Wipro Ventures & Lumis Partners worth 4 million US$ in early February. Claiming to revolutionize loT & M2M solutions, the startup offers promising options.

Driving data & an analytics platform: USD 13.5 million
Zendrive received a whooping 13.5 million US$ from Sherpa Capital, Nyca Partners and Thomvest Ventures on 5th February 2016 in the form of private equity. This Bangalore based startup provides safe driving data & an analytics platform. Using analysis of aggressive driver behavior and real time coordination with speeds and location, it provides feedback to drivers on how to drive more responsibly keeping our roads safer.

Solar power solutions: USD 1 million
Based in Mumbai, on 12th February iGrenEnergi received 1million US$ from Sunil Mehta via seed funding. They provide solar power solutions including disruptive products to optimize energy generation, conversion, storage as well as smart grid interactions.



Data analytics: Almost USD 1 million
BetterPlace, a Bangalore based tech startup raised almost a million dollars (970,000 US$) via seed funding from United Seed Fund on 16th February 2016. They provide data analytics based verification services platform with a motto to “safe power every Indian”. Verification services can be used to hire safer employees, partner safer colleagues, safer living spaces and training in safety for its clients.

In-building connectivity: USD 2.3 million
Via a private equity, iBus Networks scored a funding of 2.3 million US$ from Vallabh Bhanshali, N Squared Management LLC, Jagdish & Sandeep Mehta Family Office. Based in Bangalore, iBus aims to provide next generation in-building connectivity.

Local language mobile OS: USD 5 million
Indus OS, a Mumbai based startup raised 5 million US$ via a private equity from Omidyar Network last week. The startup has developed a local languages based mobile OS, which can offer tremendous potential.

Electronic payments solution: USD 35 million
An electronic payments solution startup called EPS raised a staggering amount of 35 million US$ from APIS Partners. They are offering ATM solutions and electronic transfers of funds catered to specific needs and have their startup based in Mumbai.


Cloud based data processing: USD 30 million
The Bangalore based enterprise cloud based data processing startup raised 30 million US$ from Institutional Venture Partners, Norwest Venture Partners, Lightspeed Venture Partners, CRV via private equity. Cloud data processing offers large potential for possible growth in the future.



http://www.entrepreneur.com/article/271293
__________________
INDIA - 3rd greatest power of the world.
NOIDA - Financial capital of UP!!
Jennoida no está en línea   Reply With Quote
Old February 27th, 2016, 07:28 PM   #60
Jennoida
Registered User
 
Jennoida's Avatar
 
Join Date: Apr 2011
Posts: 365
Likes (Received): 118

India Funding Roundup: An Aerial Drone Startup, Loan Marketplace, and More


PocketIn
Delhi-based Pocketin, a four month old startup that provides a mobile app to discover deals and book tables at restaurants has raised its seed round of $150,000 (roughly Rs. 1.03 crores) from Hong Kong-based Swastika Company. Pocketin currently offers an app on Android for users to discover, compare, and choose where they want to head out next based on real time deals offered, events happening around the diner, or pertaining to specific activity the diner might have in mind. The four-month old startup said that it will use its seed round to expand its operations across Delhi, Noida, Ghaziabad, and Gurgaon, and strengthen the core product offering.

Ibibo
South Africa-based Internet and media firm Naspers, a principal share owner in Ibibo Group said that it will invest another $250 million (around Rs. 1,715 crores) in the group. The investment will be focused on extending ibibo's presence in the Indian hotels category and on additional technology innovations, Ibibo Group and Naspers said in a joint statement. The Ibibo Group owns integrated online travel properties such as Goibibo.com and online bus ticketing platform redbus.in.

LoanZen
Peer to peer business loan marketplace, Loanzen announced that it has raised an undisclosed seed funding from angels through TracxnSyndicate. The Bengaluru-based startup helps businesses which are less than three years, or do not have collateral, meet short term cash-flow gaps by offering them short tenor (up to 120 days) loans. Through Loanzen, borrowers post invoices to access loans against invoices. Based on the information provided, LoanZen arrives at a credit score after which a termsheet is issued to the borrower outlining loan terms.

Aarav UAV
Kanpur-based Aarav Unmanned Systems, a drone startup, has reportedly raised an undisclosed sum of funding from StartupXseed Ventures, 3ONE4 Capital, Phoenix Fund and other high net worth individuals. Founded in 2013, startup is incubated at the SIDBI Innovation and Incubation Centre (SIIC) at IIT-Kanpur.

Styledotme
Delhi-based fashion app Styledotme, which provides a social community for fashion advice has reportedly secured funding from IAN (Indian Angel Network) as part of its Small Ticket Funding programme. Founded in January 2014 by Meghna Saroagi, the startup provides apps for Android and iOS.

NoBroker
Bengaluru-based Broker-free rental aggregator NoBroker has reportedly raised $10 million (roughly Rs. 68 crores) in Series B funding. The P2P rental marketplace and claims to have more than 650,000 customers, and plans to expand to 20 cities in the next two years.

Juspay
Mobile payments startup Juspay has reportedly secured Rs. 40 crores in a Series A round from Accel Partners. Founded by ex-Amazon engineers Vimal Kumar and Ramanathan RV, the deal reportedly values the firm at over Rs. 200 crores.

Appilyever
Hyderabad-based wedding services provider AppilyEver, has reportedly raised a seed round of Rs. 2.7 crores from a group of angel investors. The three month old startup currently provides an app on Google Play, and lists 2,000-plus products and curates over ten categories for planning a wedding.
__________________
INDIA - 3rd greatest power of the world.
NOIDA - Financial capital of UP!!
Jennoida no está en línea   Reply With Quote
Sponsored Links
Advertisement
 


Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT +2. The time now is 10:01 AM. • styleid: 14


Powered by vBulletin® Version 3.8.11 Beta 4
Copyright ©2000 - 2019, vBulletin Solutions Inc.
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.
Feedback Buttons provided by Advanced Post Thanks / Like (Pro) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us