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Author Archive ‘ Shruti Jain ’

Enterprise payments firm Airpay secures Series A funding from Kalaari Capital, others

Tuesday, March 21, 2017 | More »

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Mumbai-based payment services startup Airpay has raised Rs 24 crore ($3.6 million) as part of a Series A round led by Kalaari Capital and existing investors Rakesh and Rajesh Jhunjhunwala. The company, operated by Airpay Payment Services Pvt. Ltd, will use the funds to build its technology, sales, d...

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Key takeaways from Airbnb CEO Brian Chesky’s India visit

Home-sharing company Airbnb Inc has introduced a new offering in India, as it seeks to expand its operations in a market that is still tiny but growing rapidly. The company, whose online rental listings range from private rooms to manors and islands, launched the Trips platform during the visit of c...

20 March, 2017 | More »

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Social fitness app Fitso raises $200K from former Flipkart exec, others

Gurgaon-based Jogo Technologies Pvt. Ltd, which runs health and fitness app Fitso, has raised $200,000 (Rs 1.3 crore) in angel funding from a clutch of investors including former president – operations at Flipkart Sujeet Kumar, Intelenet Global Services CEO Bhupender Singh and PolicyBazaar CEO...

16 March, 2017 | More »

Facebook selects dating app Matchbox

Facebook selects dating app Matchbox for FbStart programme

Dating app Matchbox has been selected by social media giant Facebook Inc. for its early-stage startup mentorship programme FbStart, under the Bootstrap track, the company said in a statement. Founded in 2016 by Jude Pereira, the app connects people through similar tastes in music, which serves as an...

14 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 »

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Exclusive: Car repair aggregator BookServicing raises seed funding

StatSoft Technologies Pvt Ltd-run online car servicing platform BookServicing has raised Rs 20 lakh ($30,000) in seed funding from the National Science and Technology Entrepreneurship Development Board (NSTEDB), a government arm that promotes tech enterprises. “The funds will be used for developin...

7 March, 2017 | More »

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CherishX, Touchkin and mShipper selected for Facebook’s FbStart programme

Social media giant Facebook has selected express delivery platform mShipper, healthcare firm Touchkin and dating experiences platform CherishX for its FbStart programme, the companies told VCCircle. The startups will receive up to $40,000 from Facebook and its 30 partners, including Amazon, UserTest...

6 March, 2017 | More »

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BCCL invests $1 mn in m-commerce enabler OhoShop

Media conglomerate Bennett, Coleman and Company Ltd (BCCL) has invested Rs 6.7 crore ($1 million) in software-as-a-service (SaaS) based m-commerce enabler OhoShop mCommerce Pvt. Ltd, according to a press statement. Ahmedabad-based OhoShop, which also makes affordable mobile apps and websites for sma...

3 March, 2017 | More »

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Rural India to drive next phase of growth in internet usage: IMAI-IMRB report

Despite a moderation of growth in urban internet usage, the number of Indian users will cross 450 million by June, says a report, Internet in India 2016, jointly published by Internet and Mobile Association of India and Indian Market Research Bureau. The report says while urban India has close to 60...

2 March, 2017 | More »

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Scalability, innovation & digitisation to define entrepreneurship: CII-KPMG report

Changing customer preferences, digitisation and competition are pushing entrepreneurs to innovate on a dynamic basis, a report by CII-KPMG titled Entrepreneurship, growth, and opportunities – 2017 has said. The report also mentions that in order to build scalable and sustainable businesses, entrep...

1 March, 2017 | More »

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