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Venkatesh Rao & Sunny along, co-founders, AppBrowzer

Exclusive: AppBrowzer secures $500K from Deepak Gurnani, others

Bangalore-based Roid Technologies Pvt Ltd, which operates instant mobile app store AppBrowzer, has raised $500,000 led by Deepak Gurnani, a member of Singapore Angel Network, Sunny Gurnani, co-founder and chief executive of the startup told VCCircle. A group of angel investors also participated in t...

9 March, 2017 |More »

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AI, B2B dominate startup shortlist for Microsoft Accelerator’s 10th batch

Artificial intelligence (AI), machine learning and business-to-business (B2B) are the dominant themes in the final shortlist to Microsoft’s tenth accelerator batch, with all the 14 startups selected for the programme having at least one of these elements as their product offerings. The startups we...

9 March, 2017 |More »

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Why Paytm levied 2% fee on top-up via credit card, and MobiKwik seized the moment

India’s mobile wallet companies have a knack for being in the news. Just a day after Vijay Shekhar Sharma-led market leader Paytm said it will levy 2% fee for adding money to the wallet using credit cards, arch-rival MobiKwik has announced that it will continue to offer “free” uplo...

9 March, 2017 |More »

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AI to be major focus for data science, business intelligence in firms: PwC report

Artificial intelligence will be available for mass adoption in the domains of data science (9.6%) and business intelligence (7.8%) in industries and organisations, a report by consulting firm PwC has stated. The report, titled ‘Artificial Intelligence and Robotics – 2017: Leveraging artificial i...

9 March, 2017 |More »

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Zone Startups launches second cohort of accelerator programme

Mumbai-based technology startup accelerator Zone Startups India has launched the second cohort of its empoWer programme aimed at women entrepreneurs in technology businesses, it said in a statement. Launched in April last year, empoWer is backed by the Department of Science and Technology; GIZ, a Ge...

9 March, 2017 |More »

Co-working spaces look to make fat revenues from lean startups

Co-working spaces look to make fat revenues from lean startups

  You are a young entrepreneur running a bootstrapped startup. Capital is precious little and the number of employees fluctuates often. Since you are early-stage, landlords and commercial property-owners are wary of letting out space to you. And, even if they agree, the deposit they seek is log...

9 March, 2017 |More »

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Axis Bank limits support for Snapdeal’s seller financing programme

Axis Bank has withdrawn its credit limit to some sellers on e-commerce firm Snapdeal’s platform over falling sale numbers, a report by a financial daily stated. The private sector lender even asked sellers to repay outstanding loans, an Economic Times report stated. The merchants had availed loans...

9 March, 2017 |More »

Ashish-Gupta

Exclusive: Flipkart’s Ashish Gupta joins Silicon Valley startup as India engineering head

Former vice president of engineering at Flipkart Ashish Gupta, who quit the Indian e-commerce major in February this year, has joined the Indian arm of US-based cloud enterprise storage startup Rubrik Inc as vice president of engineering. Gupta, who confirmed the development to VCCircle over a telep...

8 March, 2017 |More »

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Snapdeal’s potential fundraise from Softbank may cut its valuation in half

E-commerce firm Snapdeal is in talks to raise funds from existing investor Softbank, which could see its valuation fall below $3 billion, a financial daily reported on Wednesday. Jasper Infotech Pvt. Ltd., which runs Snapdeal, is looking to raise approximately $300 million, of which $100-150 million...

8 March, 2017 |More »

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What does it really take for a startup to succeed?

Many things can go in favour of a startup, right from ideation to securing investment, creation of robust teams, consumer engagement practices and scaling up. And many things don’t. At the Mumbai edition of News Corp VCCircle Startup Summit last month, a set of entrepreneurs shared their stories o...

8 March, 2017 |More »

Monel Amin and Hansi Mehrotra

How two women vaulted over stereotypes to launch a game changer for investors

For all the progress women have made, they remain a rarity in the finance world, partly because of the impression that they are second-best when it comes to crunching numbers, analysing data and understanding the fine nuances that, oftentimes, make all the difference. Women starting up in the financ...

8 March, 2017 |More »

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Kae Capital invests more in parenting startup Parentune

Gurgaon-based Proparent Solutions Pvt. Ltd, which runs online community of parents Parentune, has raised an undisclosed amount in its second round of funding from existing investor Kae Capital and Singapore-based SEGNEL Ventures, a VC firm that operates in South and Southeast Asia. Parentune will us...

8 March, 2017 |More »

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How would startup culture facilitate digital disruption in India?

India’s digital transformation is being emphatically driven by the government’s myriad initiatives to promote the startup culture. Resultantly, India is ranked among one of the top digitally mature economies with a vibrant ecosystem. Digital disruption in India The sense of urgency to embrace th...

8 March, 2017 |More »

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Mental health platform Juno Clinic bags $1.2 mn from Hexaware, Zodius Capital founders

Mumbai-based Davman Technologies Pvt Ltd, which operates Juno Clinic, an online and offline mental health startup, has raised $1.2 million (Rs 8 crore) in pre-Series A funding from a clutch of angel investors, a press statement by the firm said. Others who participated in this round include Atul Nis...

8 March, 2017 |More »

Supr-Daily

Supr Daily raises $120K from US-based accelerator Y Combinator

Mumbai-based daily consumables startup Supr Daily has raised $120,000 from US-based startup accelerator Y Combinator after it was selected as one the 12 Indian startups for the winter batch of the programme. The startup is also part of Y Combinator’s three-month mentorship programme, which ends th...

8 March, 2017 |More »