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Startups

Delhi-based tech startups garner bulk of seed funding

Saturday, July 30, 2016 | More »

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Half the tech startups funded during the week ended July 29 were based out of Delhi while only three companies were from India’s IT capital Bengaluru, according to VCCEdge, the data research platform of VCCircle. Apart from 14 tech startups, two new ventures operating in the food distribution and ...

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Fashion portal Voonik raises $3 mn in debt funding from InnoVen Capital

Voonik Technologies Pvt. Ltd, operator of an eponymous fashion marketplace, has raised $3 million (Rs 20 crore) in venture debt financing from InnoVen Capital. The latest round of fundraising follows closely on the heels of its Series B investment of $20 million (about Rs 134 crore) led by venture c...

30 July, 2016 | More »

Healthcare startup Medinfi raises $200K from angel investors

Bangalore-based Medinfi Healthcare Pvt. Ltd, a pure-play platform for searching doctors and hospitals through web and mobile app, has raised $200,000 (Rs 1.5 crore) in its fifth round of angel funding. Mudit Saxena, senior vice president at Genpact and Singapore-based angel investor Evan Lim were am...

30 July, 2016 | More »

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SEBI mulls easier norms to help startup listing platform take off

The Securities and Exchange Board of India (SEBI) has proposed a raft of changes in its institutional trading platform, better known as the startup listing platform, to make it attractive enough for firms to consider going public in India. In particular, the securities market regulator has proposed ...

29 July, 2016 | More »

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Business communication app AppSay raises $150K from Venture Catalysts

Business communication platform AppSay, which is operated by Custmore Interactive Solutions Pvt. Ltd, has raised $150,000 (Rs 1 crore) in its first round of funding from seed investment firm Venture Catalysts, it said in a statement. The round was led by angel investors Shreyans Shah and Mayank Shah...

29 July, 2016 | More »

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Exclusive: On-demand laundry startup HelloDhobi gets angel funding from Swastika Company

Pune-based HelloDhobi Dry-Cleaners Pvt. Ltd, which operates on-demand laundry startup HelloDhobi, has raised an undisclosed amount in angel funding from Hong Kong-based investment firm Swastika Company Ltd and some Mumbai-based affluent individuals, a top company executive told TechCircle. Arman Ver...

29 July, 2016 | More »

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We are not looking at 105th fashion e-tailer or 217th hyperlocal delivery firm: GSF’s Sawhney

GSF Accelerator has announced the launch of its fifth batch where it will select five startups for a three-month programme. The startups selected under the programme will spend two months in India to refine their products, followed by trips to San Francisco. The selected startups will be mentored by...

29 July, 2016 | More »

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B2B commerce platform MaxWholesale raises funding from Maple Capital

Delhi-based B2B commerce and supply chain platform MaxWholesale has raised a seed round of funding led by investment bank Maple Capital Advisors. The firm has raised around Rs 1 crore (around $150,000), Samarth Agrawal, co-founder of MaxWholesale, told TechCircle. Abhinav Grover, director at Maple A...

28 July, 2016 | More »

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GHV partners with Forbes Japan editor-in-chief to launch $52 mn VC fund for Indian startups

Gurgaon-based startup accelerator GreenHouse Ventures (GHV) has partnered with Makoto Takano, editor-in-chief of Forbes Japan and former president of PIMCO Japan Ltd, to launch a Rs 350 crore (around $52 million) fund for early stage Indian startups. GHV’s earlier partner, World Innovation Labs (W...

28 July, 2016 | More »

Akshat Mittal, founder, Oddeven.com

Oddeven.com founder Akshat Mittal launches second venture

Akshat Mittal, whose ride-sharing website Odd-Even.com was acquired by Orahi.com earlier this year, is back with his second venture called ChangeMyIndia.org. The 14-year-old student of Amity International School in Noida had started Odd-Even.com in December 2015 and sold  it for an undisclosed amou...

27 July, 2016 | More »

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