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Startups should focus on customers not competition, say experts

Friday, April 24, 2015 | More »

Techcircle Startup Summit 2015 held in Bangalore turned out to be a packed house where close to 300 companies, including established ones and startups, engaged in knowledge-sharing sessions with accelerators, mentors, VCs and angels to understand the facets of disruptions and innovations driving the...


Online insurance broker Coverfox raises $12M from existing investors Accel & SAIF

Mumbai-based Coverfox Insurance Broking Pvt Ltd, which owns and operates an online insurance portal coverfox.com, has raised Rs 75 crore ($12 million) in Series B round of funding from its existing investors Accel Partners and SAIF Partners. Global VC firm Accel invested through both its Indian unit...

24 April, 2015 |More »


SEBI may allow VC firms to invest 25% of fund in overseas startups with India link

Securities market regulator SEBI is mulling relaxing the norms for venture capital and private equity firms registered locally to invest as much as a quarter of their funds in companies incorporated overseas but with back-end operations in India. Several tech ventures are being incorporated and some...

24 April, 2015 |More »


Infosys invests $2M in US-based clean-tech startup Airviz, launches incubator, to buy m-commerce enabler Kallidus

After enhancing its startup fund five-fold to $500 million in January, Infosys has now committed its second early stage investment – $2 million in US-based personal air quality monitor Airviz. The first investment from the fund christened ‘Infosys Innovation Fund’ was $15 million in in a s...

24 April, 2015 |More »


Ed-tech startup Simplilearn secures $15M in Series C funding led by Mayfield

Bangalore-based Simplilearn Solutions Pvt Ltd, the company behind Simplilearn.com, an online education and training destination for professional certification courses, has secured $15 million (Rs 92 crore) in Series C round of funding led by early-stage investor Mayfield, with participation from e...

23 April, 2015 |More »


Exclusive: Spam blocker & local business search startup Phone Warrior raises pre-Series A round from Lightspeed

Delhi-based startup Phone Warrior Inc, which offers a spam control app by the same name and has recently added a local services search directory to its mobile number locator app Toost, has secured a pre-Series A round of funding from existing investor Lightspeed Venture Partners, co-founder of the f...

23 April, 2015 |More »


Ethnic products e-tailer Craftsvilla raises $18M in Series B round led by Sequoia

Mumbai-based Kribha Handicrafts Pvt Ltd, which runs an e-com marketplace for for ethnic products including handicrafts Craftsvilla.com, has raised $18 million (Rs 113 crore) led by venture capital firm Sequoia Capital, it said on Thursday. Existing investors Nexus Venture Partners and Lightspeed Ve...

23 April, 2015 |More »


Vir Sanghvi and top hoteliers launch restaurant concierge EazyDiner, raise funding

EazyDiner Pvt Ltd, a restaurant reservation platform launched by journalist, food writer and TV host Vir Sanghvi, along with a group of hoteliers and restaurateurs, has raised its first round of funding led by angel investor and DSG Consumer Partners’ managing director Deepak Shahdadpuri and f...

23 April, 2015 |More »


Business expense management tool startup Happay raises $500K from AngelPrime

Bangalore-based VA Tech Ventures Pvt Ltd, the company behind business expense management tool venture Happay, has raised $500,000 (Rs 3.1 crore) from seed-stage VC firm AngelPrime, it said on Thursday. The company will use the funding in product development, sales & marketing and hiring people. ...

23 April, 2015 |More »


Practo acquires fitness management app Fitho

Healthcare technology startup Practo has acquired NCR-based FithoWellness, a web and app-based fitness management platform for an undisclosed amount. “The acquisition will help Practo move into the preventive healthcare category,” Practo’s co-founder and Chief Executive Officer Sha...

23 April, 2015 |More »

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