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Author Archive ‘ Arti Singh ’

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Edu-tech startup Springboard raises $1.7M in seed funding

Bangalore- and US-based edu-tech startup Springboard (formerly known as SlideRule) has raised $1.7 million (Rs 11.3 crore) in a seed round of funding from a clutch of investors. The investors who participated in the round included Allen Blue, co-founder of LinkedIn; John Katzman, founder of The Prin...

17 December, 2015 | More »

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Tesla’s Chinese rival NextEV names Padmasree Warrior as CEO for US arm

Padmasree Warrior, one of Silicon Valley’s high-profile female executives and former CTO of Cisco, is joining Chinese electric vehicle startup NextEV Inc as its US chief executive officer and head of global software development. In June this year, India-born Padmasree stepped down from her p...

16 December, 2015 | More »

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Now VentureNursery-backed startups can do business in France

Angel-backed startup accelerator VentureNursery has signed a memorandum of understanding (MoU) with Paris&Co, an economic development and innovation agency backed by the French government, to help its graduating companies explore the French market. Under the partnership, founders of VentureNurse...

16 December, 2015 | More »

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Digital music service Rdio to fall silent on Dec 22

San Francisco-based digital music service Rdio is shutting down its service worldwide from December 22. The announcement comes just a month after music streaming service Pandora Media Inc agreed to acquire key technology assets and employees of the struggling Rdio for $75 million. On its website, Rd...

16 December, 2015 | More »

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After poaching Airtel exec, Shuttl ropes in Snapdeal tech director

Gurgaon-based bus aggregation platform Shuttl, owned by Super Highway Labs Pvt Ltd, has appointed former Snapdeal executive Amit Kumar Gupta as head of engineering. “Gupta will work towards building a world class technology team that looks to solve large problems, build great scalable systems ...

16 December, 2015 | More »

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Aditya Birla Group lists 24 startups for incubation programme

Diversified conglomerate Aditya Birla Group has chosen 24 startups for a 20-day incubation programme it had launched in October to provide entrepreneurs an opportunity to do business with some of the group’s companies. The group has not made a formal announcement yet on the selection of startups. ...

15 December, 2015 | More »

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Cabsguru raises $200K from Paysense founder, others

Delhi-based cab search, comparison and booking platform Cabsguru, owned by Nohup Technologies Pvt Ltd, has raised $200,000 (Rs1.3 crore) seed funding from a group of investors led by Prashanth Ranganathan, founder and CEO of Paysense Services India Pvt Ltd and former head of product – APAC for...

15 December, 2015 | More »

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E-com logistics services firm Holisol raises $10M from CLSA

New Delhi-based supply chain and logistics solutions provider Holisol Logistics has raised $10 million from  CLSA Capital Partners’ ARIA IV fund,  according to a statement. The company, which offers logistics solutions to retail and automotive companies, will use the funds for setting up more fu...

11 December, 2015 | More »

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Weddingz.in raises over $1M from Google’s Rajan Anandan, others

Mumbai-based L Fast Brands Pvt Ltd, which owns Weddingz.in, an online marketplace for wedding venues and vendors, has raised over $1 million (around Rs 6.7 crore) in angel funding from a group of investors, including Google India’s managing director Rajan Anandan. The other investors include film...

11 December, 2015 | More »

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Thinkcell acquires online test-prep platform TestFunda

Hyderabad-based Thinkcell Learning Solutions Pvt Ltd (formerly Gateforum Educational Services Pvt Ltd) has acquired Mumbai-based Enabilon Learning Pvt Ltd, which offers test-preparation packages through TestFunda.com, for an undisclosed sum. TestFunda focuses on the MBA and bank test-prep market. Th...

11 December, 2015 | More »