Archive News

29/07/2016

Business communication platform AppSay raises seed funding of $150,000 from Venture Catalysts

AppSay, a business communication platform, has raised seed funding of $150,000 from Venture Catalysts in an investment round led by Shreyans Shah and Mayank Shah of Toyochem Laboratories. AppSay is a customer engagement platform that helps protect customer information of businesses and also the privacy of users.
29/07/2016

Healthtech startup Tiyo raises $120K In seed funding

Kolkata-based healthtech startup, Tiyo, run by Labsense Technology Services, has raised $120K in angel funding from veteran entrepreneurs from Middle East including Anish K & Ajith Nair, CEO iAdepto Global.The funding will be utilized to further develop patient care technology and consolidate sales efforts. The startup plans to foray into […]
29/07/2016

Oracle acquires cloud pioneer NetSuite for $9.3B

Oracle has acquired NetSuite, the first cloud company,  in a cash deal, which works out to roughly $109 per share.Founded in 1998, NetSuite pioneered cloud computing technology and helped businesses in exploring the then uncharted internet by providing various applications.
28/07/2016

B2B platform MaxWholesale raises funding from Maple Capital Advisors

MaxWholesale, a data-driven B2B commerce and supply chain platform, has raised an undisclosed amount of funding led by Maple Capital Advisors’ startup accelerator platform. The funding will be utilized to scale up its operations and enhance technology.
28/07/2016

Snapdeal ties up with Uber to offer cab booking on app

Online marketplace Snapdeal (Jasper Infotech Pvt Ltd) has tied up with ride-hailing service Uber Inc to enable cab booking on its app. Now, Snapdeal consumers can directly book a ride on Uber through the e-tailer’s app.
28/07/2016

GHV partners with Forbes Japan editor-in-chief to launch $52 mn VC fund for Indian startups

Gurgaon-based startup accelerator GreenHouse Ventures (GHV) has partnered with Makoto Takano, editor-in-chief of Forbes Japan and former president of PIMCO Japan Ltd, to launch a Rs 350 crore (around $52 million) fund for early stage Indian startups.  The focus will be around health tech, fintech, adtech and B2B marketplaces and […]
28/07/2016

Sustainable agro-input firm Suma Agro raises $89K from Ankur Capital

Mumbai-based impact investor Ankur Capital has invested Rs 60 lakh ($89,000) in Suma Agro, a Chennai-based sustainable agro-input firm. Launched in 2011 Suma Agro offers humic-acid-based soil nutrient solutions, which, it claims, boost agricultural produce.It operates a sole manufacturing plant near Chennai which boasts of a production capacity of 24 […]
27/07/2016

Modasta raises INR 10 crore from Mauritius HNIs

Modasta, a multi-lingual health content portal and queries platform, has raised $1.5 million (about Rs 10 crore) from Mauritius-based high net worth individuals (HNIs). The funding will be utilized for business growth, technology upgradation, talent acquisition and marketing outreach activities.
27/07/2016

Fashion styling app IStyleYou raises funding from actor Rannvijay Singh

Actor and television host Rannvijay Singh has invested in Gurgaon-based fashion styling app IStyleYou. Singh will also be the brand ambassador for IStyleYou and help make the company a leading youth brand. The funding will be utilized for branding, marketing and expansion.
27/07/2016

AI-powered startup Mezi raises $9m from Nexus, Saama Capital, others

Artificial intelligence-powered personal shopping assistant start-up Mezi has raised $9 million in a Series A funding round from existing investor Nexus Venture Partners and new investors Saama Capital and American Express Ventures. The funding will be utilized to support the company’s growth and accelerate Mezi’s product and artificial intelligence technology […]
27/07/2016

Tech startup Byndr raises $700K in seed funding

Hyderabad-based mobile learning management platform Byndr has raised USD 700,000 (Rs 4.70 crore) in seed funding from Education Design Studio (accelerator at the University of Pennsylvania), Ben Franklin Technology Partners and a group of angel investors. The funding will be utilized to expand sales and development team.
27/07/2016

Online platform for long stays Square Plums raises funding from IAN

Bangalore-based Urban Stay Technologies Pvt. Ltd, the company which runs and operates co-living platform for long stays Square Plums, has raised Rs 3 crore ($450,000) in funding from Indian Angel Network (IAN). The funding will be utilized for on-boarding the properties and building the technology.
27/07/2016

Telangana’s My Home Group plans Rs 500-crore startup fund

My Home group, Telangana’s largest business house, is preparing to set up a Rs 500 crore equity fund to invest in startups. The Hyderabad-headquartered group has interests in real estate, cement and power businesses. The dedicated research and investment team will take up due diligence of startups as well as […]
27/07/2016

Flipkart-owned Myntra pips Snapdeal and Future Group, acquires Jabong for $70 million

Flipkart-owned Myntra pipped Snapdeal and the Future Group to acquire rival Jabong in a $70-million all-cash deal that creates India’s largest online fashion destination, reduces discounts and strengthens the Bengaluru-based company’s prospects of keeping Amazon at bay in this high-margin business.
27/07/2016

Student deals platform BigDeal raises funding from EVC Ventures

Delhi-based student deals platform BigDeal has raised a seed round of around $100,000 in the round, led by Anjli Jain, managing partner, EVC Ventures. The funding will be utilized to expand the team, enhance technology and acquire more customers and merchants.
26/07/2016

Startup Meetup Mumbai, Founders and Investors

Startup Meet allows early stage tech startups to participate & pitch. The 3 hour meetup starts with pitch by each of the shortlisted startups to angel investors & accelerators. Organizers host a short panel discussion with investors, followed by Q&A between investors & audience
26/07/2016

Startup Meetup Delhi, Founders and Investors

Startup Meet allows early stage tech startups to participate & pitch. The 3 hour meetup starts with pitch by each of the shortlisted startups to angel investors & accelerators. Organizers host a short panel discussion with investors, followed by Q&A between investors & audience
26/07/2016

India FinServ 2016

Fintech startups and alternative players are introducing very unique and attractive business models. The investors are also upbeat about this scenario and as a result about 361 financial services startups received funding in 2015-2016. The underlying agenda for majority of these players is to leverage opportunities presented by technology in […]
26/07/2016

Hyperlocal Buddy Finder ‘WakoW’ Raises Funding, Targets 50K Users In Next 6 Months

Hyperlocal Buddy Finder WakoW has recently closed its second angel round of $141K funding from an undisclosed angel investor, primarily dealing with a traditional jewellery business. The startup helps people connect with each other based on common interests and needs in their vicinity.
26/07/2016

Cyber Security Startup Lucideus Gets Backing From Flipkart CFO Sanjay Baweja

Lucideus, a startup working in the field of cyber security has raised an undisclosed amount of funding from Flipkart CFO, Sanjay Bawej. Started in 2012 Delhi-based Lucideus is a cybersecurity company that offers consultancy, training and solutions to counteract cyber attacks.
26/07/2016

Agriculture supply chain startup Lemon Leaf raises angel funding

Delhi-based RP2 Ventures Pvt. Ltd, which runs fresh fruit and vegetable supply chain venture Lemon Leaf, has raised its first round of external funding from two angel investors. The funding will be utilized to set up the company’s sole processing facility at Dwarka in southwest Delhi.
25/07/2016

Quikr acquires Hiree to push job listings business

Online classifieds company Quikr India Pvt. Ltd has acquired Bengaluru-based online recruitment platform Hiree (Abhiman Technologies Pvt. Ltd) for an undisclosed amount in an attempt to bolster its job listings business, QuikrJobs, and delve deeper into corporate and white-collar job listings. Following the acquisition, Hiree will merge with Quikr and […]
25/07/2016

VCCircle Healthcare Investment Summit

Startups see a huge opportunity in the demand and supply gap in the healthcare sector, both as social cause and a business case. The healthcare industry saw 57 startup deals with investment of $227 million in year 2015-2016 however there are also set of challenges that hinder growth of these […]
25/07/2016

Renewable Energy India Expo 2016

TiE Delhi NCR with UBM bring an exclusive opportunity to provide a one stop platform for high potential entrepreneurs to present their business plans to some of the leading National & International investors, Mentors, Advisors and Influencers. The focus is on startups in the renewables, clean technologies space with special […]
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