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Author Archive ‘ Manu P Toms ’

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Fintech startup for healthcare services Affordplan raises $3 mn

Affordplan, a Delhi-based fintech startup that makes healthcare services accessible through planned savings for non-emergency treatments, raised $3 million (Rs 20 crore) in Series A round from venture capital firms Prime Venture Partners and Kalaari Capital. Founded by former TaxiForSure senior exec...

29 November, 2016 | More »

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Times Group-backed Brand Accelerator makes eight investments in first year

Media conglomerate Times Group’s ad-for-equity investment arm Brand Capital-backed accelerator-cum-seed-fund investor Brand Accelerator ended the first year with eight investments. Brand Accelerator, which was launched in September last year, has invested in startups including virtual reality-focu...

25 November, 2016 | More »

Housing

Exclusive: SoftBank pumps in another $5 mn in Housing even as merger talks continue

Japanese telecom and internet conglomerate SoftBank Group Corp, a leading investor in several Indian tech startups, has put in an additional $5 million in a bridge round in real estate portal Housing.com, according to three people aware of the development. SoftBank, the lead investor in Housing, had...

22 November, 2016 | More »

Masayoshi-Son

SoftBank’s Masayoshi Son to visit India; big announcement on Ola expected

SoftBank Group Corp chairman and managing director Masayoshi Son is coming to India early December when the Japanese telecom and Internet conglomerate is expected to make a few high-profile announcements, said two people directly aware of the upcoming visit. SoftBank is one of the largest investors ...

21 November, 2016 | More »

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Great Wall Club Innovator Fund plans more deals in India

Silicon Valley-based early stage investor GWC Innovator Fund plans to step up seed investments in India by backing five to ten startups in a year from its new $20 million fund, its co-founder Barret Parkman told Techcircle. GWC Innovator Fund is an offshoot of Great Wall Club (GWC), the company that...

21 November, 2016 | More »

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Exclusive: Job portal WorkIndia gets funding from Asuka Holdings

WorkIndia, a job portal for blue-collar workers, has raised an undisclosed amount in investment from Japanese venture capital investor Asuka Holdings. Asuka Holdings invested in WorkIndia through its Singapore-based subsidiary Asuka Global, co-founder Nilesh Dungarwal told Techcircle. This is the th...

18 November, 2016 | More »

Vijay-Ghadge

Former GoJavas CEO Ghadge quits Snapdeal’s captive logistics unit Vulcan

Vijay Ghadge, chief operating officer at Snapdeal’s in-house logistics arm Vulcan Express Pvt Ltd, has quit with immediate effect barely four months after joining the firm. Vulcan Express CEO Hardeep Singh informed the company staff via an email about Ghadge’s exit citing a personal exigency. A ...

18 November, 2016 | More »

startups_fe

A FarmVille of startups

You become a gangster, build your network, fight other gangsters, engage in shoot-outs, do contract-killings, carry out sinister missions, rob and establish your criminal empire. This is how online social game Mafia Wars was played. Mafia Wars was developed by Silicon Valley-based Zynga, the world...

16 November, 2016 | More »

Ola

Ola to pursue predatory pricing complaint with government

Cab-hailing service Ola is pursuing its predatory tactics complaint against its competitor—the US-headquartered Uber, though it did not specifically name the latter—with government authorities. “We have spoken to a few stakeholders in the government. We have made the government aware of the pr...

8 November, 2016 | More »

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Exclusive: Cleantech startup Altigreen set to raise fresh funding

Bengaluru-based cleantech startup Altigreen Propulsion Labs Pvt. Ltd is in advanced discussions with existing investors and venture capital firms to raise a new round of funding, a top executive said. Altigreen co-founder and CEO Amitabh Saran told TechCircle that the company aims to raise $6-7 mill...

8 November, 2016 | More »