Home > Archives

More Headlines

For-Kotak-Startup-2

What will be the driving force for startups in 2017?

India is going through the second phase of growth in startups, now referred to as Startup 2.0. The growth will be in large numbers, and Nasscom predicted that there would be 10, 500 startups in India by 2020. “The number predicted is lower as I see many more startups coming in. The dimensions of I...

18 January, 2017 |More »

Shashank ND

Revenue from international markets may outpace that of India’s: Practo’s Shashank ND

The fresh fund infusion of $55 million led by Tencent has reaffirmed investor confidence in healthcare firm Practo. According to estimates, the latest round of funding puts the company’s valuation well past $600 million. The Series D funding round announced on Tuesday also saw the participatio...

18 January, 2017 |More »

For-Uber-Story_Shah-Junaid

Uber India to focus on ride-sharing, localisation in 2017

Ride-sharing and localisation (tweaking the product according to local priorities) will be the top trends shaping India’s cab-aggregation space this year, Uber India’s strategy head Prabhjeet Singh told TechCircle. “Ride-sharing is the future of urban mobility…It enables more...

18 January, 2017 |More »

Team elth.ai

elth.ai looks to disrupt med-tech market with AI

elth.ai, owned by Bengaluru-based HCFAB Health Technologies Pvt Ltd, is an artificial intelligence-based med-tech startup that aims to solve health problem discovery and the absence of a 24×7 medical adviser. Founded by Srinath Akula, an IIM-Indore alumnus who worked with Flipkart earlier, and dent...

18 January, 2017 |More »

Krishna Kumar

Exclusive: Simplilearn to raise $40 mn this year for acquisitions, expansion

Online certification course provider Simplilearn is planning to raise $30-40 million in Series D funding in the first half of this year, its founder and CEO Krishna Kumar told Techcircle. Simplilearn Solutions Pvt Ltd, which has so far raised $28 million from venture capital firms, last raised equit...

18 January, 2017 |More »

Vahdam

Tea e-tailing startup Vahdam raises angel funding

Vahdam Teas Pvt Ltd, a Delhi-based tea e-tailer, said on Wednesday it has raised funding from a clutch of angel investors to implement its expansion plans. The firm has raised Rs 4.4 crore ($650,000) from early-stage investment firm Fireside Ventures’ Kanwaljit Singh, Mumbai Angels and Singapo...

18 January, 2017 |More »

Snapdeal_by-Junaid2

Snapdeal revenues up 56% but losses more than doubled to $436 mn in FY2015-16

Jasper Infotech Pvt. Ltd, which runs online marketplace Snapdeal, more than doubled its losses to Rs 2,960 crore (around $436 million) in the financial year ended 31 March 2016. Its total revenues went up by 56% to Rs 1,456.6 crore in FY2015-16. It had garnered revenues of Rs 933.3 crore with a net ...

17 January, 2017 |More »

For-Ezytruk-Story-TC_ThinkstockPhotos-498337946

Exclusive: Truck aggregator Ezytruk secures angel funding from Dubai-based investors

Bangalore-based logistics and truck aggregator Ezytruk Solutions Pvt Ltd has raised $147,000 (Rs 1 crore) in angel investment from Dubai-based investors Ajith Nair and Anish K. The startup will use the fresh capital to establish its commercial operations and invest in marketing and Internet of Thing...

17 January, 2017 |More »

Hoopy

Exclusive: On-demand auto maintenance startup Hoopy secures angel funding

Vehicle maintenance marketplace Nephonine Solutions Pvt. Ltd, which offers its services under the brand Hoopy, has raised its angel round of funding from a clutch of wealthy individuals, according to people close to the development. Hoopy has raised about Rs 3.4 crore ($500,000) to support its expan...

17 January, 2017 |More »

Shashank ND

Practo raises $55 mn in Series D round, forays into health insurance aggregation

Digital healthcare platform Practo has raised $55 million in Series D funding led by existing investor China’s Tencent. Practo Technologies Pvt Ltd, which runs a doctor-appointment site and offers an ad platform to clinics, hospitals and diagnostic centres, also saw participation from three ne...

17 January, 2017 |More »

07c4c4b

Zivame’s Richa Kar steps away from day-to-day operations, COO to take over

Richa Kar, founder and chief executive of online lingerie retailer Zivame, has relinquished control of the company’s business operations. In what is being touted as an investor-led restructuring, chief operating officer Shaleen Sinha will be in-charge of running the lingerie e-commerce company, a ...

17 January, 2017 |More »

Untitled-2

Parenting social network TinyStep secures fresh funds from Flipkart

Bangalore-based WeHive Technologies Pvt. Ltd, which runs parenting social network TinyStep, has raised Rs 13.6 crore ($2 million) in a fresh round of funding from its existing investor, e-commerce major Flipkart. The company said it will use the current funds to innovate on its product and expand it...

17 January, 2017 |More »

For-Qualcomm-Story_ThinkstockPhotos-485982144-(1)

Qualcomm selects three startups for $100K design prize

Chipmaker Qualcomm has selected three startups for its ‘Qualcomm Design in India Challenge’ prize. The winners, selected from among ten startups incubated by Qualcomm, will be awarded $100,000 each. The winners were judged by industry, government and Qualcomm executives, and the announcement was...

17 January, 2017 |More »

Prabhjeet,-UBER

We plan to scale up UberPool, UberMoto in 2017: Uber India strategy head

In an exclusive chat with TechCircle, Uber India’s strategy head Prabhjeet Singh talks about the company’s strategy, new announcements, competition, and trends that will shape the cab aggregation space in 2017....

17 January, 2017 |More »

Ketchupp

Food discovery startup Ketchupp raises seed funding from India Quotient

Online food discovery platform Ketchupp has secured Rs 3 crore ($440,000) in seed funding led by early-stage investment firm India Quotient. A group of unnamed angel investors also invested in the round. The startup will use the funds to develop its technology to become a suggestion-based platform i...

17 January, 2017 |More »