What you must know about great startup funding success stories

Wednesday, October 19, 2016 Comment

The intriguing journey of startup funding from pre-seed and seed capital, incubators, accelerators and angel investors to venture capital and crowd funding might each reveal unexpe...


RBI allows startups to raise $3 mn a year in overseas loans

Thursday, October 27, 2016 Comment
The Reserve Bank today permitted startups to raise external commercial borrowings (ECBs) of up to USD 3 million in a financial year, a move aimed at boosting innovation and promoti...

Sequoia-backed expense manager Walnut names Anurag Sinha as co-founder

Thursday, October 27, 2016 Comment
SAIF Partners- and Sequoia Capital- backed personal finance management app Walnut has named Anurag Sinha as co-founder and chief business officer. Sinha, an IIM Bangalore and IIT-B...


PayU’s finance head Gurpreet Singh quits

Thursday, October 27, 2016 Comment
Naspers-backed PayU Payments Pvt. Ltd has seen another top level exit with the resignation of its finance head. Gurpreet Singh, vice president and head of finance at PayU India, ha...


Truck aggregator FR8 raises venture funding

Thursday, October 27, 2016 Comment
Early-stage agri-tech focused investment fund Omnivore Partners has invested Rs 6.5 crore in FR8, a Chennai-based truck aggregator, according to the company website. FR8, a technol...

Info Edge

Naukri parent Info Edge’s Q2 profit more than doubles

Thursday, October 27, 2016 Comment
Info Edge (India) Ltd has reported a more than doubling of net profit for the fiscal second quarter, as earnings from the Naukri.com hiring services business jumped and losses at i...


Samsung reports 30% dip in profit post Note 7 debacle

Thursday, October 27, 2016 Comment
Samsung Electronics Co. Ltd reported a 30% dip in its operating profit for the third quarter as compared to last year due to the Note 7 debacle. The company registered KRW 5.20 tri...


IBM buys cloud services startup Sanovi

Thursday, October 27, 2016 Comment
Tech Giant IBM has announced a definitive agreement to acquire Bangalore-based Sanovi Technologies Pvt. Ltd for an undisclosed amount on Thursday. The deal will enable IBM to bolst...


Microsoft unveils Surface Studio; price starts at $2999

Thursday, October 27, 2016 Comment
Tech giant Microsoft Corp unveiled its desktop PC Surface Studio, with prices starting at $2,999 (Rs 2 lakh), and going up to $4,199 (Rs 2.8 lakh). The all-in-one Microsoft Surface...


Snapchat ​aims to raise $4 bn in IPO

Thursday, October 27, 2016 Comment
US-based instant messaging app Snapchat is reportedly planning to raise as much as $4 billion in its initial share sale. According to a report in Bloomberg, the initial public offe...


Amazon set to unveil Launchpad in India in next two months

Thursday, October 27, 2016 Comment
E-commerce giant Amazon is set to unveil its global programme for startups in India named Launchpad within the next two months, Mint reported citing three people familiar with the ...