Archive News

10/08/2016

Sattviko acquires FYNE Superfood

Vegetarian food chain Sattviko has acquired Delhi-based packaged products company FYNE Superfood for an undisclosed amount to ramp up its packaged products offerings. The brand and products of Fyne Superfood will now be merged with Sattviko. Darpan Majumdar, one of the co-founders of FYNE Superfood, will join the company and […]
10/08/2016

Ed Tech platform Genext Students INR Rs 1.4 crore from equity crowdfunding platform 1Crowd

Genext Students, a hybrid ed-tech tutoring platform, has raised funding from 1Crowd, an equity crowd funding platform. The funding will be utilized to accelerate product technology development, enhance marketing efforts and increase team size.
10/08/2016

US-based Boomtrain acquires messaging startup Nudgespot

US based tech marketing company Boomtrain is set to acquire Bengaluru-based Nudgespot. The Nudgespot team will continue to work from their existing office in Bangalore but the focus now will change in terms of the services provided and the range of customers. Boomtrain essentially focuses on providing marketing automation for […]
10/08/2016

Kwan acquires online entertainment marketplace Gigstart

Leading entertainment and talent management firm Kwan has acquired entertainment startup Gigstart for an undisclosed amount. Gigstart is an online marketplace which facilitates interfaces between entertainers across genres including movies and music, event managers and party planners. Gigstart’s mobile app will provide access to its aggregator base of 4,200-plus verified […]
10/08/2016

B2C vernacular podcast aggregator platform Funcastic raises seed funding from HT Media’s startup accelerator, others

Delhi-based B2C vernacular podcast aggregator platform Funcastic has raised seed funding from a startup accelerator launched by HT Media Ltd and US-based investment firm North Base Media. The funding will be utilized for technology development and product marketing.
10/08/2016

Niramaya PathLabs acquires Gurgaon-based startup Labstreet in a cash and stock deal

Gurgaon-based Labstreet, which helps consumers with pathology tests, has been acquired by Niramaya PathLabs in a cash and stock deal. Post-acquisition, the founders will not be joining Niramaya but will continue in advisory roles and remain stakeholders in the company. Labstreet will continue to operate under the same brand name, […]
10/08/2016

Camera and photo sharing app Vebbler raises INR 3.34 Crore funding

Anupam Mittal has led a consortium of 16 investors to invest $500,000 in Bengaluru-based camera and photo sharing app Vebbler. The app allows people to instantly share photos with each other in real time. The funding will be utilized for hiring and marketing campaigns.
10/08/2016

IIM Ahmedabad’s CIIE invests in two healthtech startups

IIM Ahmedabad’s Centre for Innovation Incubation and Entrepreneurship (CIIE) has invested undisclosed amounts in two health tech start-up – Doux Dentistry and Zeolr. Doux Dentistry, is a dental care start-up aiming to make dental care affordable & accessible for patients at their homes under the brand name Mobident. While Zeolr, […]
10/08/2016

Men’s grooming startup Bombay Shaving Company raises INR 4 Crore funding

Men’s grooming startup Bombay Shaving Company has raised Rs 4 crore ($600,000) in seed funding from a clutch of angel investors including McKinsey India MD Noshir Kaka, and Subramanian Ramadorai, an advisor to the Prime Minister. The 10-month-old internet first company is already averaging 400 orders a month, and plans […]
09/08/2016

Stepup 360 Meet – Mumbai

Stepup 360 hosts a series of meetups, investor sessions, mentorship programmes, pitch sessions, and more across the lengths and breadths of the country. The sessions encourage networking between some of the most sorted and experienced industry professionals, policy makers, technologists, marketing gurus, and investors giving startups an opportunity to interact […]
09/08/2016

Cypher 2016

Cypher is Analytics India magazine’s flagship annual analytics summit. The second edition of Cypher, event is dedicated to the analytics industry in the country and would consist of delegates from across the country including data scientists, analytics professionals, chief analytics officers, head of analytics, analytics startups, VCs and analytics aspirants
09/08/2016

Startup Financial Valuations Hackathon

With a very hands-on approach, this 3 hour hackathon will help you to actually work on the tools & techniques required to project the pre-money & post-money valuations for your startup. The primary focus will be on financial valuations for seed, angel & VC rounds. The event is targeted at […]
09/08/2016

Startup Meet Bangalore | Founders & Investors

Startup Meet allows early stage tech startups to participate and pitch. Entrepreneurs can learn and receive valuable feedback from experts and investors and be on the watch list for funding. The event provides a great platform to network with other founders and market products among the audience.
09/08/2016

Early Stage Startup – Investor Speed Dating

Early Stage Startup Collaboration” meetups, connect investors to early stage startups. Each startup is given 10-15 minutes for their sales pitch with an Investor or an investor representative. At the end of 15 minutes the investor may choose to get connected further after the event if interested or pass the […]
09/08/2016

TiE Mumbai SmashUp 6.0

SmashUp is TiE Mumbai’s startup event that endures a total startup & entrepreneurial democracy. The 6th edition of the event is all about the startups and is conceived for and by the startup entrepreneurs. The format helps to learn, collaborate and seek help from the maturing and growing startups attracting […]
09/08/2016

Indian Angel Network plans to raise $22 Million early stage fund

Indian Angel Network (IAN), one of the largest angel investor networks in the country, is raising an early-stage fund of around INR 150 crore to co-invest along with its angel network. Founded in 2006 IAN has more than 400 members.
09/08/2016

Department of Science and Technology launches INR 100 crore programme to support startups

The Department of Science and Technology has launched a INR 100-crore programme to support startups. The programme, called National Initiative for Developing and Harnessing Innovations (NIDHI), is aimed at helping startups across the country in terms of both funding and incubation support. The department provides the seed amount per startup […]
08/08/2016

AngelList Starts Exploring Indian Startup Ecosystem; Appoints Utsav Somani As Advisor

AngelList, the Silicon Valley-based online platform which allows startups to raise capital from accredited investors, has finally entered India. It has appointed Utsav Somani (previously working with LetsVenture) as an Advisor to spearhead its operations in the country.
08/08/2016

US based startup 8TV raises $500K funding from Redcliffe Capital, Others

8TV, a San Francisco based startup, has raised $500K  from RedCliffe Capital Managing Partner Dheeraj Jain, Google executive Tidhar Carmeli, and AngelPad’s Thomas Korte. Tech giant Amazon has also invested about $100K (INR 66 lakh) worth of AWS services credit in the company, according to an official statement.The funding will […]
08/08/2016

Community services Zipgrid gets $200,000 equity financing from 1Crowd

Community services platform Zipgrid has raised $200,000 in equity financing from 1Crowd, an ecosystem for startups. Zipgrid community solutions aim to optimise costs, through its commerce solutions and is now looking to expand its footprint and invest in strengthening technology and operations.
08/08/2016

Adtech startup AdPushup raises Series A investment from Geniee, Purvi Capital

US-based adtech startup AdPushup has raised an undisclosed amount in its Series A investment round led by Geniee Inc whose major shareholders include Softbank Group Corp. Purvi Capital and existing investors also participated in the funding round. As a part of the investment, the company would be extending services to […]
08/08/2016

Airbnb files to raise $850 million at $30 billion valuation

The home-sharing company Airbnb Inc is raising $850 million, according to a disclosure filed with the state of Delaware.  The equity round values the San Francisco-based company at $30 billion, people told Bloomberg in June. The private stock market company Equidate provided Airbnb’s July 28 filing.
08/08/2016

Naspers set to acquire Citrus Pay; deal expected between INR 1,000 crore-1,200 crore

South African Internet and media conglomerate Naspers is in the final stages of acquiring Citrus Pay, valuing the payments platform at INR 1,000-1,200 crore in one of the largest deals in India’s financial technology startup space. The all-cash deal is expected to close by the end of this month or […]
08/08/2016

Travel startup VST Travels raises $27K funding from Promatus

VST Travels, a Kerala-based travel startup has raised about $27K funding from a Dubai-based Promatus Group. It has received the funding within six months of launching its operations. The funding will be utilized to develop and market its application called VehicleST.
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