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Author Archive ‘ Binu Paul ’

Amber

Company: Amber Healthcare Solutions Pvt. Ltd Area of operation: Online beauty and wellness Founded: August 2015 Founders: Abhimanyu Dhamija and Saurabh Goel Funding: Around $1 million Investors: Undisclosed angel investors Business model: Amber was a beauty and wellness platform where users could di...

4 June, 2016 | More »

LocalOye

LocalOye

Company: LocalOye (Imma Web Pvt. Ltd) Area of operation: Local household and personal services Founded: 2013 Founder: Aditya Rao Funding: $5 million (Rs 31 crore) in Series A and an undisclosed amount in angel funding Investors: Tiger Global Management, Lightspeed Venture Partners, Sidharth Rao (co-...

4 June, 2016 | More »

Qyk

Company: Qyk, pivoted to Papertostone (Novicle Technologies Pvt. Ltd) Area of operation: Local services Founded:  October 2014 Founder: Deepak Singhal, Sangharsh Boudhh, Shobhit Singhal and Anubhav Sahoo Funding:  $1 million in pre-Series A and an undisclosed amount in angel investment Investors: ...

4 June, 2016 | More »

Startup

Startups that shut down or tweaked operations last week

Unlike a lot other traditional businesses, internet startups is a space that shows up results pretty fast. While some raise quick venture capital money and grow at unexpected pace, some take an early call to shut down operations to save time and money. Last week, we had reported that over eight star...

4 June, 2016 | More »

VCCircle_Flipkart8

BCCL’s Brand Capital in talks to pick small stake in Flipkart

In what could be the third ad-for-equity deal for Bennett, Coleman and Company Ltd (BCCL) in Indian technology unicorns, the media conglomerate is in talks with Flipkart to pick a small stake in the e-commerce firm. BCCL has initiated discussions with Flipkart over a Rs 500 crore deal to pick an und...

4 June, 2016 | More »

Avneesh-Agrawal-&-David-Julian,-co-founders,-NetraDyne

RIL to invest $16 mn in US-based visual analytics developer NetraDyne

Billionaire Mukesh Ambani-led Reliance Industries Ltd said on Wednesday it has agreed to invest $16 million (Rs 108 crore) in NetraDyne Inc, a US tech startup that is creating a platform based on the Internet of Things to process visual inputs. NetraDyne, which is yet to start commercial operations,...

1 June, 2016 | More »

Sandeep-Goyal_fe

Former Dentsu India head Sandeep Goyal to back digital media startups with $15 mn kitty

Sandeep Goyal, chairman of Mogae Media and former chairman of Japanese advertising major Dentsu in India, is planning to invest Rs100 crore (around $15 million) in digital media and mobile innovation startups in India. Goyal is scouting for digital startups in India that have built brands, but are n...

31 May, 2016 | More »

startup

How startups in India can grow in a constrained funding environment

Fund crunch is for real, and it’s adversely affecting a lot of companies today.  Investors are increasingly becoming wary of placing big bets on startups. Private investment activity started on a tepid note in 2016 with private equity dealmaking staying weak while venture capital firms turning ca...

31 May, 2016 | More »

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Exclusive: Meet hardware accelerator Revvx’s first batch of startups

Bangalore-based hardware accelerator Revvx has graduated four startups in the first batch of its accelerator programme. Revvx presented the startups in a demo day last week. The startups in the first batch are building products in sports, clean-tech, video games and consumer segment. Revvx, one of t...

30 May, 2016 | More »

Thunder Zhang, founder, NexPCB

Exclusive: Chinese hardware firm NexPCB ties up with Revvx to back Indian startups

Chinese hardware company NexPCB is entering India in partnership with Bangalore-based hardware accelerator Revvx to explore investment opportunities. Founded by Thunder Zhang, NexPCB provides electronics assembly services, hardware, contract manufacturing and turnkey manufacturing services to small ...

26 May, 2016 | More »