• Sequoia Capital Sells Almost 1% Of Its Stake In Just Dial For $5.4 Mn November 22, 2017 2:13 pm
    Sequoia Capital, one of the early investors in local search service Just Dial has sold almost 1% of its stake in the company through open market transactions, making an earning of around $5.4 Mn (INR 35.55 Cr). The transaction took place on November 20, 2017. On the sale day, the weighted average value of stock […] The post Sequoia Capital Sells Almost 1% Of Its Stake In Just Dial For $5.4 Mn appeared first on Inc42 Media.
    Meha Agarwal
  • US-Based VC March Capital Partners To Focus On Indian Startups November 22, 2017 12:10 pm
    As the Indian tech startups have been hitting the bullseye for the past few years, California-based VC firm March Capital Partners is now considering to set up an India office and team to source, identify and close its investments in India. The sector and stage agnostic VC will close its next set of investments in […] The post US-Based VC March Capital Partners To Focus On Indian Startups appeared first on Inc42 Media.
    Suprita Anupam
  • Uber Paid $100K To Hackers To Cover Up Massive Data Breach November 22, 2017 10:42 am
    In a world where over 2.5 quintillion bytes of data are consumed daily through emails, videos, images, tweets, and content, infringement in some form or the other is inevitable. When a security breach does occur, the onus lies with the infiltrated company/platform to alert customers and government agencies. This is where Uber has failed sorely. […] The post Uber Paid $100K To Hackers To Cover Up Massive Data Breach appeared first on Inc42 Media.
    Sukanya Mukherjee
  • After Suzuki And Toyota, Honda To Enter Indian Electric Vehicles Market November 22, 2017 7:57 am
    After Mahindra, Maruti Suzuki and Tata Motors, Honda Cars India Limited (HCIL) has jumped on the electric vehicles (EV) bandwagon. As per reports, the Indian subsidiary of Honda Japan is in the process of adopting an EV strategy in line with PM Narendra Modi-led government’s mission to switch to all-electric cars by 2030. According to […] The post After Suzuki And Toyota, Honda To Enter Indian Electric Vehicles Market appeared first on Inc42 Media.
    Sukanya Mukherjee
  • Why We Won’t See Any New Successful Consumer Internet Startups From India November 22, 2017 6:19 am
    I was having a chat with a passionate founder in the fintech/healthcare space the other day. They followed a marketplace model of lending and did business to consumer loans in a niche vertical and raised their first round of external capital a year ago. Within a short span of time, they were in the market […] The post Why We Won’t See Any New Successful Consumer Internet Startups From India appeared first on Inc42 Media.
    Uday Marepalli
  • Tapaswi Group Launches Women Centric Billennium Divas Angel Fund November 22, 2017 5:56 am
    Mumbai-headquartered Tapaswi Group Ventures has announced the launch of the Billennium Divas Angel Fund, in collaboration with Navi Mumbai Angel Network (NAMAN). Dedicated to women entrepreneurs and women-centric startups, the angel fund was soft-launched last week at the FICCI ‘Road To GES’ by actress Shilpa Shetty Kundra, Maharashtra State BJP spokesperson Shweta Shalini and South […] The post Tapaswi Group Launches Women Centric Billennium Divas Angel Fund appeared first on Inc42 Media.
    Sukanya Mukherjee
  • Paytm Invests In Online Lending Startup CreditMate November 22, 2017 5:29 am
    Vijay Shekhar Sharma led Paytm has made an undisclosed amount of investment in Mumbai-based fintech startup CreditMate. CreditMate is an online lending platform focussed on the used two-wheeler market in India. The announcement came in soon after Paytm partnered with ICICI Bank to launch a short-term, interest-free credit line, enabling instant loans to customers. Founded in 2016 […] The post Paytm Invests In Online Lending Startup CreditMate appeared first on Inc42 Media.
    Meha Agarwal
  • Zoho Looks To Tap Digital Agencies With New Edition Of Zoho Social November 22, 2017 5:26 am
    In a bid to bring digital agencies under its cover, Zoho has announced that its social media marketing tool Zoho Social is now available in a special edition for them. Zoho Social for Agencies will enable digital agencies to manage social media accounts for all clients, plan and collaborate with clients on strategy, and report […] The post Zoho Looks To Tap Digital Agencies With New Edition Of Zoho Social appeared first on Inc42 Media.
    Shweta Modgil
  • Team Alignment: Why Communication Needs To Be At Par Between Your Copy And Design Teams November 22, 2017 2:57 am
    Solid communication keeps teams moving, whether you’re in a tiny startup or have grown a company into an international firm. One concept that has been coming up often in my work is the need for team alignment, especially in the relationship between copywriters and designers. When it comes to product design, the way you convey your […] The post Team Alignment: Why Communication Needs To Be At Par Between Your Copy And Design Teams appeared first on Inc42 Media.
    Angelica Valentine
  • Exclusive: AI & Crowdsourcing Platform Playment Raises $1.6 Mn Funding November 21, 2017 3:15 pm
    Bengaluru-based Playment, an AI-driven mobile crowdsourcing platform has raised $1.6 Mn as part of its Pre-Series A funding. The investment was led by YCombinator, Sparkland Capital and Silicon Valley angel investors such as Ryan Petersen (CEO, Flexport), Max Altman and others. Playment was part of Y Combinator’s Winter 2017 batch. Earlier in July 2016, Playment […] The post Exclusive: AI & Crowdsourcing Platform Playment Raises $1.6 Mn Funding appeared first on Inc42 Media.
    Meha Agarwal
  • Tiger Global To Sell A Portion Of Its Stake In Ola To Softbank For $500 Mn November 21, 2017 1:33 pm
    Now that Tiger Global Management Partner Lee Fixel has stepped down from Ola’s board, the US-headquartered firm seems to be ready to sell its stake in the cab aggregator to none other than SoftBank. As per a recent report by Business Standard (paywall), the Japanese investment behemoth is currently in final stages of acquiring an […] The post Tiger Global To Sell A Portion Of Its Stake In Ola To Softbank For $500 Mn appeared first on Inc42 Media.
    Sukanya Mukherjee
  • Adoption Of Electric Vehicles Could Help India Save $300 Bn: Report November 21, 2017 12:06 pm
    Although the adoption of electric vehicles in India has been slow, due to many challenges and setbacks, the market represents a tremendous economic opportunity, a FICCI and Rocky Mountain Institute report titled ‘Enabling India’s Transition to Electric Mobility’ (Cached) highlighted recently. Released by Union Minister for Road Transport and Highways Nitin Gadkari at a conference […] The post Adoption Of Electric Vehicles Could Help India Save $300 Bn: Report appeared first on Inc42 Media.
    Sukanya Mukherjee
  • GOInternational Finland Calls Indian Series A Startups & SMEs For Smart City Bizhack India November 21, 2017 11:49 am
    GOInternational Finland, a Nordic International Accelerator will be hosting Smart City Bizhack India at its headquarters in Helsinki. It is the first Indian-themed event to be hosted alongside Slush, an international technology conference organised annually for startups and tech talent to meet top-tier international investors, executives and media at Helsinki, Finland. The three-day event aims […] The post GOInternational Finland Calls Indian Series A Startups & SMEs For Smart City Bizhack India appeared first on Inc42 Media.
    Meha Agarwal
  • Portea Medical Raises $26 Mn Funding From Sabre Partners, MEMG CDC November 21, 2017 9:52 am
    Bengaluru-based home healthcare startup Portea Medical has raised $26 Mn funding in a Series C round led by Sabre Partners and MEMG CDC Ventures. Existing investors Accel, Washington-headquartered International Finance Corporation (IFC) and Qualcomm Ventures also participated in the round. Avendus Capital served as the sole financial advisor of the funding round in Portea. With […] The post Portea Medical Raises $26 Mn Funding From Sabre Partners, MEMG CDC appeared first on Inc42 Media.
    Sukanya Mukherjee
  • Lee Fixel Of Tiger Global Relinquishes His Seat On The Ola Board November 21, 2017 7:53 am
    Lee Fixel, Partner at Tiger Global Management, has reportedly stepped down from the board of homegrown cab aggregator, Ola. As per filings with the Ministry of Corporate Affairs, the US-based investment firm currently holds a minority stake in Ola. While the exact reason behind Fixel’s resignation remains undisclosed, it is believed to have taken place […] The post Lee Fixel Of Tiger Global Relinquishes His Seat On The Ola Board appeared first on Inc42 Media.
    Sukanya Mukherjee
  • Epiq Capital Marks First Close Of Its $250 Mn Tech Startup Fund November 21, 2017 5:40 am
    Mumbai-based PE firm Epiq Capital has announced the first close of its $200 Mn-$250 Mn maiden tech startup fund. The firm has raised $100 Mn so far entirely from global institutional investors to invest in tech startups. Epiq Capital was established in April 2016 by former Matrix Partners India Managing Director Rishi Navani. Rishi is […] The post Epiq Capital Marks First Close Of Its $250 Mn Tech Startup Fund appeared first on Inc42 Media.
    Meha Agarwal
  • Kerala Government Extends Financial Support For Startups By Two Years November 21, 2017 5:27 am
    The Kerala government has announced today that it would be extending financial support for startups in the state by two more years. As a result, Kerala-based startups will now be offered seven years of government backing from the current five years. The initiative, as per reports, is in line with the Startup India’s definition of […] The post Kerala Government Extends Financial Support For Startups By Two Years appeared first on Inc42 Media.
    Sukanya Mukherjee
  • How You Can Benefit By ‘Not’ Having A Mentor November 21, 2017 1:30 am
    I have a friend who manages my portfolio, and his results over the last five years have been quite unbelievable. He’s beaten the market by such a huge margin that it’s sometimes hard to believe that his returns are real, but my bank balance can vouch for the fact that they are! I was asking him […] The post How You Can Benefit By ‘Not’ Having A Mentor appeared first on Inc42 Media.
    Aniruddha Malpani
  • Startup Events To Attend This Week [20-26 November] November 20, 2017 4:40 pm
    Indian startup ecosystem has just found the product market fit and is in a burgeoning phase of growth. After securing the #3 spot in the world based on the number of startups operating in the country, jumping 30 spots on the Ease of Doing Business Ranking and with the relentless support from the Prime Minister […] The post Startup Events To Attend This Week [20-26 November] appeared first on Inc42 Media.
    Team Inc42
  • Ahoy, Startups! GSF Accelerator Invites Applications For Its Sixth Batch November 20, 2017 12:48 pm
    Gurugram-based GSF Accelerator has announced the launch of its sixth batch and is currently inviting applications from tech startups across the country. As part of the programme, which will commence in December 2017, GSF would be investing $200K each in five selected startups. Apart from this, the startup accelerator has committed an additional $1 Mn […] The post Ahoy, Startups! GSF Accelerator Invites Applications For Its Sixth Batch appeared first on Inc42 Media.
    Sukanya Mukherjee
  • Home Furnishing Startup HomeLane Acquires Capricoast For $13.8 Mn November 20, 2017 11:11 am
    Bengaluru-headquartered modular home furnishing solutions provider HomeLane has acquired Capricoast for $13.8 Mn (INR 90 Cr). Also based in Bengaluru, Capricoast is an online home interiors marketplace. As per the official statement, the acquisition will enable HomeLane to leverage Capcricoast’s tech stack to provide customers with a more streamlined home designing experience. Commenting on the […] The post Home Furnishing Startup HomeLane Acquires Capricoast For $13.8 Mn appeared first on Inc42 Media.
    Sukanya Mukherjee
  • Indian Govt May Put Crowdfunding Under SEBI Purview November 20, 2017 9:46 am
    The Corporate Affairs ministry may exempt crowdfunding activities from the Companies Act and bring it under the regulatory authority of SEBI. With this move, the Indian govt aims to ease the way startups raise funding through this route. To implement this proposal, the govt will have to invoke Section 462 of the companies act. As […] The post Indian Govt May Put Crowdfunding Under SEBI Purview appeared first on Inc42 Media.
    Meha Agarwal
  • India Gets Its Very First Electric Vehicle Charging Station In Nagpur November 20, 2017 9:13 am
    Homegrown cab aggregator Ola has announced the launch of the country’s first electric vehicle charging station in Nagpur, in collaboration with state-run Indian Oil Corporation (IOC). In another development, Nitin Gadkari, the Union Minister for Road Transport and Highways, has voiced his objection to NITI Aayog’s decision to nominate itself as the implementing agency for […] The post India Gets Its Very First Electric Vehicle Charging Station In Nagpur appeared first on Inc42 Media.
    Sukanya Mukherjee
  • Unicorn India Ventures Launches $92.3 Mn Venture Debt Fund November 20, 2017 8:47 am
    Mumbai based VC fund Unicorn India Ventures has announced the launch of its second fund, a venture debt fund with a corpus of $92.3 Mn (INR 600 Cr), today. The fund will be making its first close in March 2018. The sector-agnostic fund will be used to back later-stage startups that have a certain amount […] The post Unicorn India Ventures Launches $92.3 Mn Venture Debt Fund appeared first on Inc42 Media.
    Shweta Modgil
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