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Vineet Bajpai

Recruitment app Talentrack targets media and entertainment sectors

Vineet Bajpai’s tryst with entrepreneurship started way back in 2010 when he founded digital agency network, Magnon International, which was acquired by Omnicom Group, the parent of TBWA one of the largest advertising networks in the country, in 2013. He was then elevated as the group chief execut...

29 September, 2016 |More »

Jaspreet Singh-Milind Borate

From Pune to Sunnyvale, enterprise IT firm Druva’s journey to raising $118 mn

In the less flashy world of enterprise IT, public cloud data backup and recovery firm Druva Inc. has managed to turn the spotlight on itself in a rather short span of time. The company, which was founded in Pune eight years ago and is now based in the US city of Sunnyvale, on Wednesday announced [&h...

29 September, 2016 |More »

Uber23

Uber ramps up hiring in India to gain edge in battle with Ola

Uber Technologies Inc. is rapidly increasing its headcount in India, as the US cab-hailing firm shifts its focus to the South Asian nation after exiting China. The number of employees has grown almost eight times over the past year, from 80 to more than 600 now, Pradeep Desu, head of recruitment at ...

29 September, 2016 |More »

funeral

Startups that offer online funeral services

Bob Dylan’s famous lines ‘The times they are a changin’ seem more pertinent in urban areas now than when they were penned in the mid-60s. Technology advancement and increasing internet penetration has led to the creation of online obituary space, obituary e-commerce and the startups meant for ...

29 September, 2016 |More »

Flipkart

Flipkart offers ESOPs to over a third of its staff

E-commerce firm Flipkart has offered employee stock option plans (ESOPs) to a large number of its staff in a bid to retain talent and control costs. Nearly 35-40% of Flipkart’s 10,000-odd employees will receive stock options this year, compared with 10-20% last year, the Mint newspaper reported ci...

29 September, 2016 |More »

BlackBerry

BlackBerry to stop making smartphones itself, focus on software

BlackBerry Ltd, the Canadian company that introduced smartphones to the world, will stop manufacturing its iconic devices internally to focus on growing its software business. BlackBerry-branded phones will now be developed by the company’s partners, who will license the Waterloo, Ontario- based f...

29 September, 2016 |More »

Women-entrepreneurs22

Women entrepreneurs in India echo Sheryl Sandberg’s words that men still rule the world

Facebook chief operating officer Sheryl Sandberg’s words that men are still ruling the world have found an echo among Indian women professionals and entrepreneurs who say gender equality is still a far-fetched dream in Indian society, workplace included. In an article written for the Wall Street J...

28 September, 2016 |More »

funding-by-mukul--2

Local commerce site Promon.in raises $180K in bridge round

Promon.in, a local commerce platform, has received $180,000 (around Rs 1.2 crore) in a bridge round of funding from Delhi-based investment firm Now Capital, the company’s founder said. Sarabjeet Anand told TechCircle that the Delhi-based firm aims to use the funds for expansion and revamping its t...

28 September, 2016 |More »

Ishan-Vyas_fe

Instacar raises $1 mn of seed funding from Swastika

Indore-based online outstation taxi marketplace InstaCar has received $1 million (Rs 6.65 crore) in seed round of funding from Hong kong-based Swastika Company Pvt Ltd, Ishan Vyas, co-founder of InstaCar told TechCircle. The two-months-old company aims to use the funds for scaling up operations, ma...

28 September, 2016 |More »

MeraKisan

Mahindra brings MeraKisan founder to spearhead fresh food e-commerce biz

Mahindra Univeg Pvt. Ltd, a joint venture between Mahindra Agri Solutions Ltd. and Belgium-based Univeg (Greenyard Foods), has roped in the founder of agri e-commerce startup MeraKisan Pvt Ltd to spearhead its online grocery services. Prashanth Patil, founder of MeraKisan, who has brought his online...

28 September, 2016 |More »

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Cloud data backup firm Druva raises $51 mn from Sequoia, others

Silicon Valley-based cloud backup and data protection firm Druva Inc. said on Wednesday it has raised $51 million (Rs 340 crore) in a new round of funding led by existing investor Sequoia Capital India. Singapore’s EDBI, the corporate investment arm of Singapore Economic Development Board, as well...

28 September, 2016 |More »

train

IRCTC’s new app to allow cabs, hotel, bus booking

The Indian Railways plans to offer end-to-end travel solutions for its passengers including booking cabs, buses, flights and hotels through a new mobile application. In addition, the national carrier intends to involve cab aggregators and also offer an e-commerce platform by developing this integrat...

28 September, 2016 |More »

L to R: Anuj Kacker, Bala Parthasarathy and Kunar Varma

AngelPrime co-founder floats fin-tech startup MoneyTap

Bala Parthasarathy, who quit as managing partner of seed-stage investment firm Prime Venture last year, has joined hands with two other entrepreneurs to set up financial technology venture MoneyTap. MoneyTap, operated by Bengaluru-based MWYN Tech Pvt. Ltd, claims it is India’s first app-based ...

28 September, 2016 |More »

Raghu Bathina, co-founder & CEO, Celes Care

Exclusive: Virtual health clinic for women Celes Care raises $1 mn from Endiya Partners

Celes Care, a Hyderabad-based virtual health clinic for women, has received around $1 million (Rs 6.7 crore) in a seed round of funding from early-stage venture capital firm Endiya Partners and a few affluent individuals, a person close to the development told TechCircle. The company aims to use the...

28 September, 2016 |More »

FinAskUs-co-founders

How a former Flipkart director founded his robo-advisory firm

Amar Choudhary’s decision to establish FinAskUs Technologies Pvt Ltd, an automated investment service focused on mutual funds for B2C mass customers, was based on his prior professional experience. As part of his stint at the Boston Consulting Group between 2005 and 2012, Amar Choudhary worked...

28 September, 2016 |More »

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