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Author Archive ‘ Shruti Jain ’

Shalabh Seth

Ola ropes in former SABMiller exec as CEO of leasing arm

Cab-hailing service Ola has appointed Shalabh Seth as chief executive of Ola Fleet Technologies, a wholly owned leasing subsidiary, the company said in a statement on Wednesday. Prior to joining Ola Fleet, Seth was serving as managing director at SABMiller India, where he was responsible for busines...

11 January, 2017 | More »

Aurvind Lama, co-founder and CEO, Travelyaari

2017 will be an acid test for travel tech startups: Travelyaari’s Lama

For the travel tech industry, 2016 was a year of initiatives and optimisation, and 2017 will be a year of innovation, says Aurvind Lama, co-founder and CEO, Travelyaari, a bus ticket-booking portal. Lama believes there will either be a lot of mergers in 2017, or companies will get wiped out upon fai...

9 January, 2017 | More »

CherishX

Not sure where to go on your next date? Head to CherishX

It was a regular day for Anika Agarwal, a communication designer. As usual, she was browsing through Facebook and came across an advertisement. She would typically not pay much attention to such ads, except this time it caught her eye. It promised discovery, personalisation and booking of activities...

6 January, 2017 | More »

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SaaS firm Zoho invests $10 mn in five startups

Enterprise tech firm Zoho has invested around $10 million (almost Rs 68 crore) in five startups, including machine-vision company Zentron Labs and medical devices maker vTitan, according to a media report on Friday. These investments will help the startups’ founders during the research and dev...

6 January, 2017 | More »

Sundar Pichai

Many global software cos will emerge from India in 5-10 years: Google CEO Pichai

Google’s Sundar Pichai is confident that several large global software firms will emerge from India over the next 5-10 years, driven by world-class entrepreneurs. The chief executive of the world’s second-most valuable company by market cap said this in a student interaction at his alma ...

5 January, 2017 | More »

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Top developer floats fund to back realty-tech startups

Real estate developer Lodha Group has launched its maiden investment fund for startups focussing on smart city solutions and the overall realty sector. Launched with an initial investment corpus of Rs 50 crore, the fund will not only provide angel funding and venture capital, but also business oppor...

4 January, 2017 | More »

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Medtech startup Yostra Labs secures funding from Marico, Villgro

Bengaluru-based medical technology startup Yostra Labs Pvt Ltd has raised an undisclosed amount of funding from Marico Innovation Foundation (MIF) and social enterprise incubator Villgro, the company said in a statement on Wednesday. Yostra Labs Pvt Ltd was founded in 2014 by Vinayak Nandalike, Maru...

4 January, 2017 | More »

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Flashback 2016: Top angel networks in India

The year 2016 saw over 100 deals in the startup ecosystem by India’s top seven angel networks, including newly founded networks such as Venture Catalysts and Chandigarh Angels. The chunk of these deals were closed by Indian Angel Network (IAN), which maintained its position at the top. IAN, wh...

29 December, 2016 | More »

Kavin Bharti Mittal, Founder, Hike

Flashback 2016: Hike’s Kavin Mittal takes the fast lane to success

For Kavin Bharti Mittal, the 29-year-old founder and chief executive of instant messaging app Hike, 2016 will go down as a milestone year. For, this is the year when the four-year-old startup joined the coveted group of young firms that are valued at least $1 billion. Hike became only the 10th start...

28 December, 2016 | More »

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BookEventZ raises undisclosed amount in pre-Series A funding

Online event-booking platform BookEventZ has raised an undisclosed amount in pre-series A funding from Lead Angels, Mumbai Angels and LetsVenture. Existing investors, including Girish Mathrubootham, Anbu Pandian, co-founder of PanZeea Solutions and Ishan Singh, director of Recapital Ventures, also p...

28 December, 2016 | More »