• Electric Vehicles Industry Will Grow Even Without Government Subsidies: Anand Mahindra September 22, 2017 9:31 am
    One of the frontrunners of India’s ongoing EV race, Mahindra & Mahindra is reportedly keen to invest in clean technology, which is one sector the company believes could give huge returns in the coming years. According to Mahindra Group Chairman Anand Mahindra, the electric vehicles industry will continue growing even without government subsidies. Keeping the […] The post Electric Vehicles Industry Will Grow Even Without Government Subsidies: Anand Mahindra appeared first on Inc42 Media.
    Sukanya Mukherjee
  • Web Commerce Solutions Provider Ace Turtle Raises Venture Debt From InnoVen Capital September 22, 2017 7:56 am
    Omni-channel web commerce solutions provider, Ace Turtle, has secured an undisclosed amount of venture debt from InnoVen Capital. For the uninitiated, venture debt is a type of debt financing for VC-backed companies experiencing rapid growth. The newly-raised funding will be used to bolster Ace Turtle’s expansion plans in Southeast Asia, particularly Malaysia and Singapore. The […] The post Web Commerce Solutions Provider Ace Turtle Raises Venture Debt From InnoVen Capital appeared first on Inc42 Media.
    Sukanya Mukherjee
  • After $156 Mn Fund Launch By CM Yogi Adityanath, Uttar Pradesh Gears Up For Biggest Incubator In The Country September 22, 2017 7:43 am
    Just a month after Uttar Pradesh CM Yogi Adityanath announced $156.2 Mn (1000 Cr) startup fund for helping startups, UP is reportedly gearing up to establish the biggest incubator centre in the country. The proposed incubator will be established in Lucknow. Commenting on the move, Sanjeev Saran additional chief secretary, IT and electronics said that the […] The post After $156 Mn Fund Launch By CM Yogi Adityanath, Uttar Pradesh Gears Up For Biggest Incubator In The Country appeared first on Inc42 Media.
    Aparna Mishra
  • Online Payment Gateway Razorpay Unveils Series Of New Products To Impact 25 Mn Customers By 2020 September 22, 2017 7:23 am
    The year 2017 has certainly been going well for Bengaluru-based online payment gateway Razorpay. After making it to Nasscom’s League ten companies and a sassy office space, the company has unveiled Razorpay 2.0. The online payment gateway has launched four new products. The list includes Razorpay Route, Razorpay Smart Collect, Razorpay Subscriptions and Invoices, all […] The post Online Payment Gateway Razorpay Unveils Series Of New Products To Impact 25 Mn Customers By 2020 appeared first on Inc42 Media.
    Suprita Anupam
  • Ratan Tata Keen On Backing Founders Looking To Build Sustainable Companies September 22, 2017 6:55 am
    Cementing his commitment to the startup ecosystem in India the Tata group Chairman Emeritus Ratan Tata said that he will support passionate founders who are looking to build sustainable startups rather than scaling it up just to sell it. “A founder who has a passion to stay with something and build it into a sustainable […] The post Ratan Tata Keen On Backing Founders Looking To Build Sustainable Companies appeared first on Inc42 Media.
    Aparna Mishra
  • Zomato, Grofers Once Again Welcome At IITs; AIPC Lifts Ban On 31 Startups September 22, 2017 6:54 am
    It seems PM Narendra Modi’s drive to make Indian startup community generate three lakh jobs by 2020 has picked up the pace again. The AIPC, aka All-IIT (Indian Institute Of Technology)  placement committee) heading the group of 16 premier institutions of the country has lifted the ban on startups for conducting placement drive in the […] The post Zomato, Grofers Once Again Welcome At IITs; AIPC Lifts Ban On 31 Startups appeared first on Inc42 Media.
    Meha Agarwal
  • RBI Confers NBFC Status To P2P Lending Companies; To Release Final Guidelines Soon September 22, 2017 6:26 am
    In July, the Reserve Bank of India reportedly finalised norms for P2P lending companies in the countries. The guidelines, which were slated for release within two to three weeks, have only recently made some headway, with the RBI conferring NBFC status to peer-to-peer lending startups on Wednesday. In a gazette notification issued by the central […] The post RBI Confers NBFC Status To P2P Lending Companies; To Release Final Guidelines Soon appeared first on Inc42 Media.
    Sukanya Mukherjee
  • Want to Really Understand What all the Hype of Cryptocurrency is About? September 21, 2017 6:52 pm
    If you read the headlines you may well think cryptocurrencies are either a radically new way of paying that is our savior from ossified, corrupt governments or on the other side that they are speculative Ponzi schemes. The reality, of course, is that cryptocurrencies can be both and can be liberating and corrupting at the […] The post Want to Really Understand What all the Hype of Cryptocurrency is About? appeared first on Inc42 Media.
    Mark Suster
  • The Role Of Investment Bankers In The Startup Ecosystem September 21, 2017 6:31 pm
    Startups often need to raise funds in order to grow, and most entrepreneurs don’t understand the fundraising process. It’s all very foreign to them, and they don’t know how to pitch, or how to contact investors. This is where investment bankers can be helpful – they help to connect funders with founders. Good investment bankers […] The post The Role Of Investment Bankers In The Startup Ecosystem appeared first on Inc42 Media.
    Aniruddha Malpani
  • Getting Your SaaS Pricing Model Right September 21, 2017 6:30 pm
    I flew home from Melbourne last week. For the first (and last) time in my life, I blew some frequent flyer points on a first class upgrade. And the guy in the row next to me was talking on his iPhone. Just chatting away, while the flight attendants – 3 of them – stood by, […] The post Getting Your SaaS Pricing Model Right appeared first on Inc42 Media.
    Jon Westenberg
  • Aditya Birla Group’s Online Fashion Venture abof.com Heading For A Shutdown September 21, 2017 6:05 pm
    abof.com (aka – all about fashion), an online fashion platform for apparel, footwear and accessories and a subsidiary of Fortune 500 company Aditya Birla Group is reportedly planning a shutdown. An Inc42 source on condition of anonymity told us that employees were informed in a townhall meeting that the company is planning to wind up its […] The post Aditya Birla Group’s Online Fashion Venture abof.com Heading For A Shutdown appeared first on Inc42 Media.
    Shweta Modgil
  • VC Firm Lightspeed India To Deepen Engagement With Bengaluru Startups; Launching Bengaluru Office Tomorrow September 21, 2017 11:19 am
    VC firm Lightspeed India Partners has opened a new office in Koramangala, Bengaluru. This is Lightspeed’s second office in India after Delhi. The announcement was made by Managing Partner Bejul Somaia in a LinkedIn post. The office which will be inaugurated tomorrow reflects the firm’s commitment to deepening its engagement with entrepreneurs in the Bengaluru area […] The post VC Firm Lightspeed India To Deepen Engagement With Bengaluru Startups; Launching Bengaluru Office Tomorrow appeared first on Inc42 Media.
    Shweta Modgil
  • Four Car Enthusiasts Turned Their Passion Into An IoT Startup: Carnot To Disrupt $30.21 Bn Vehicle Diagnostics Market September 21, 2017 10:23 am
    Rohan Vadgarkar, Pushkar Limay, Urmil Shah and Prathmesh Joshi have several things in common. Apart from sharing the IIT tag, they all are hardcore car enthusiasts which led them to create a vision built out of all these passions and commonalities – Carnot, an IoT startup, offering a car diagnostics solution. The increasing demand for […] The post Four Car Enthusiasts Turned Their Passion Into An IoT Startup: Carnot To Disrupt $30.21 Bn Vehicle Diagnostics Market appeared first on Inc42 Media.
    Aarti Venkatraman
  • Cyber Security Firm Securonix Raises $29 Mn From Volition Capital, Eight Roads Ventures September 21, 2017 8:06 am
    Cyber security firm Securonix has raised $29 Mn Series A funding. The funding round was led by Volition Capital. Eight Roads Ventures also participated in the round. With this investment, Roger Hurwitz of Volition Capital will be joining the Securonix Board of Directors. Securonix will use the funds to accelerate growth and leadership in the […] The post Cyber Security Firm Securonix Raises $29 Mn From Volition Capital, Eight Roads Ventures appeared first on Inc42 Media.
    Aparna Mishra
  • Sculpting New Age Data Scientists At Par With Rising Demand Of Analytics September 21, 2017 7:59 am
    Recognising the immense value of data-driven business decisions, organizations worldwide are investing heavily to predict future trends and gain that competitive edge. Riding on the big wave of data, the information age/revolution unraveling before us, is witnessing the emergence of new technologies. At the same time, it is altering the way we gather, store, analyze […] The post Sculpting New Age Data Scientists At Par With Rising Demand Of Analytics appeared first on Inc42 Media.
    Manish Mittal
  • Bengaluru Based Services Marketplace For Construction And Interior Designing, Homergize, Secures $1 Mn Pre Series A Funding September 21, 2017 7:59 am
    Bengaluru-based services marketplace Homergize has raised $1 Mn (INR 6.5 Cr) Pre-Series A funding. The startup brings professionals like architects, interior designers, landscape architects and contractors onto a single platform to cater to all construction and remodeling needs of customers and businesses. The funding was raised from LG Chandrasekhar, founder and Chairman of medical device […] The post Bengaluru Based Services Marketplace For Construction And Interior Designing, Homergize, Secures $1 Mn Pre Series A Funding appeared first on Inc42 Media.
    Sukanya Mukherjee
  • Launching An EdTech Startup: Getting Your Business Basics Right September 21, 2017 7:44 am
    Schools and education systems are evolving, yet are plagued with speed of scale due to inherent issues that are wired into the system. Although access to education has been the largest problem India is working towards, the core challenges that need to be solved in parallel revolve around – 1) Personalised/customised learning has not been […] The post Launching An EdTech Startup: Getting Your Business Basics Right appeared first on Inc42 Media.
    Shreyas Ghuge
  • Yatra Goes The Venture Debt Way, Gets $15.4 Mn From Innoven Capital September 21, 2017 7:07 am
    Mumbai-based venture debt fund InnoVen Capital has invested about $15.4 Mn in online travel company Yatra. InnoVen Capital India had previously extended a $4 Mn venture debt facility to Yatra in 2013. Commenting on the investment, Chin Chao, Interim CEO, InnoVen Capital India and CEO, InnoVen Capital Southeast Asia said, “Having observed Yatra and its […] The post Yatra Goes The Venture Debt Way, Gets $15.4 Mn From Innoven Capital appeared first on Inc42 Media.
    Aparna Mishra
  • Healthtech Startup Robin Floated By Ex-CPO Flipkart Punit Soni Conducts First Pilot Run September 21, 2017 6:18 am
    AI enabled healthtech startup Robin, founded by ex-CPO of Flipkart Punit Soni has conducted its first pilot test run in a doctor’s office. Punit shared the details on his social feeds. In an emailed response to Inc42, Punit told us, “We are building an AI for healthcare. A digital assistant that helps doctors take care […] The post Healthtech Startup Robin Floated By Ex-CPO Flipkart Punit Soni Conducts First Pilot Run appeared first on Inc42 Media.
    Shweta Modgil
  • East Ventures Launches Indonesia Focused $30 Mn Fund September 21, 2017 4:20 am
    Singapore-based VC firm East Ventures has announced the launch of its sixth fund with a corpus of $30 Mn. Through this new fund, East Ventures will look to back Seed to Series A technology startups in Southeast Asia. It will have a focus on Indonesia to leverage on the fund’s local expertise. The fund will be managed by […] The post East Ventures Launches Indonesia Focused $30 Mn Fund appeared first on Inc42 Media.
    Aparna Mishra
  • Baby And Mother Care Brand Mamaearth Raises $1 Mn From Fireside Ventures; Looks To Reach 200K Customers By 2018 September 20, 2017 1:54 pm
    Baby and mother care brand, Mamaearth, has raised $1 Mn in a funding round led by VC firm Fireside Ventures and a few other investors. This marks the company’s second round of funding. The latest investment will go into launching ‘Traditional Recipes’, a new range of wellness solutions for mothers including herbal teas and supplements. […] The post Baby And Mother Care Brand Mamaearth Raises $1 Mn From Fireside Ventures; Looks To Reach 200K Customers By 2018 appeared first on Inc42 Media.
    Sukanya Mukherjee
  • Coworking Space 91springboard Raises Funding From Sandway Investment, Others September 20, 2017 1:40 pm
    Coworking space provider 91springboard has announced the completion of a funding round from Sandway Investment Ltd, Pearl Brook Holdings, AMA Holdings, Silo Holdings and Al Nour. The coworking space will use the proceeds for expansion in existing and new markets. This funding takes the total funding raised by the company to over $20 Mn. Anand […] The post Coworking Space 91springboard Raises Funding From Sandway Investment, Others appeared first on Inc42 Media.
    Shweta Modgil
  • Cloud Storage Startup Minio Secures $20 Mn Series A From Nexus Venture Partners, Others September 20, 2017 1:34 pm
    Minio, a provider of open source object cloud storage for cloud-native and containerized applications has raised $20 Mn in Series A funding. The funding round was jointly led by Dell Technologies Capital, General Catalyst Partners and Nexus Venture Partners, with participation from Intel Capital, AME Cloud and Steve Singh. The startup will use the recently […] The post Cloud Storage Startup Minio Secures $20 Mn Series A From Nexus Venture Partners, Others appeared first on Inc42 Media.
    Aparna Mishra
  • Swiggy Eyes Expansion Of Cloud Kitchen Business In A Push Against Zomato September 20, 2017 12:11 pm
    Earlier this week, quoting anonymous sources a report stated that Swiggy is in the process of building a new cloud kitchen vertical. In a push against Zomato, the food delivery startup is also looking to recruit a CEO for its new vertical. Swiggy’s arch nemesis Zomato expressed its intentions to set up its first cloud […] The post Swiggy Eyes Expansion Of Cloud Kitchen Business In A Push Against Zomato appeared first on Inc42 Media.
    Aparna Mishra
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