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Startups

Car maintenance startup Demyto gets funding from Cybage’s Nathani

Friday, September 30, 2016 | More »

automotive services
Deepak Nathani, co-founder of technology consulting firm Cybage Software Pvt. Ltd, has acquired a 20% stake in automotive services startup Demyto for an undisclosed amount, a media report said. The Pune-based firm operates via a web platform and an app, and is looking to expand to Mumbai and Bengalu...

Unocoin

Bitcoin startup Unocoin raises $1.5 mn from Blume Ventures, others

Bitcoin exchange Unocoin has raised $1.5 million (Rs 10 crore) in a pre-Series A funding round led by early-stage investor Blume Ventures. Mumbai Angels, ah! Ventures and international investors such as Digital Currency Group, Boost VC, Bank to the Future and FundersClub also invested in this round,...

30 September, 2016 | More »

Indian siblings who started

Indian siblings who started up together and struck gold

On 23 August, a consortium of Chinese investors acquired Yahoo ad partner Media.net for $900 million, leaving its founder Divyank and his elder brother Bhavin Turakhia fabulously wealthy. In fact, so wealthy that they found themselves on this year’s Forbes India Rich List, with a combined fortune ...

29 September, 2016 | More »

funeral

Startups that offer online funeral services

Bob Dylan’s famous lines ‘The times they are a changin’ seem more pertinent in urban areas now than when they were penned in the mid-60s. Technology advancement and increasing internet penetration has led to the creation of online obituary space, obituary e-commerce and the startups meant for ...

29 September, 2016 | More »

Women-entrepreneurs22

Women entrepreneurs in India echo Sheryl Sandberg’s words that men still rule the world

Facebook chief operating officer Sheryl Sandberg’s words that men are still ruling the world have found an echo among Indian women professionals and entrepreneurs who say gender equality is still a far-fetched dream in Indian society, workplace included. In an article written for the Wall Street J...

28 September, 2016 | More »

funding-by-mukul--2

Local commerce site Promon.in raises $180K in bridge round

Promon.in, a local commerce platform, has received $180,000 (around Rs 1.2 crore) in a bridge round of funding from Delhi-based investment firm Now Capital, the company’s founder said. Sarabjeet Anand told TechCircle that the Delhi-based firm aims to use the funds for expansion and revamping its t...

28 September, 2016 | More »

Ishan-Vyas_fe

Instacar raises $1 mn of seed funding from Swastika

Indore-based online outstation taxi marketplace InstaCar has received $1 million (Rs 6.65 crore) in seed round of funding from Hong kong-based Swastika Company Pvt Ltd, Ishan Vyas, co-founder of InstaCar told TechCircle. The two-months-old company aims to use the funds for scaling up operations, ma...

28 September, 2016 | More »

L to R: Anuj Kacker, Bala Parthasarathy and Kunar Varma

AngelPrime co-founder floats fin-tech startup MoneyTap

Bala Parthasarathy, who quit as managing partner of seed-stage investment firm Prime Venture last year, has joined hands with two other entrepreneurs to set up financial technology venture MoneyTap. MoneyTap, operated by Bengaluru-based MWYN Tech Pvt. Ltd, claims it is India’s first app-based ...

28 September, 2016 | More »

Raghu Bathina, co-founder & CEO, Celes Care

Exclusive: Virtual health clinic for women Celes Care raises $1 mn from Endiya Partners

Celes Care, a Hyderabad-based virtual health clinic for women, has received around $1 million (Rs 6.7 crore) in a seed round of funding from early-stage venture capital firm Endiya Partners and a few affluent individuals, a person close to the development told TechCircle. The company aims to use the...

28 September, 2016 | More »

Rahul-Patwardhan,-CEO,-NIIT_fe

NIIT buys ed-tech startup Perceptron to boost digital play

NIIT Ltd said on Tuesday it has acquired Bengaluru-based ed-tech startup Perceptron Learning Solutions Pvt. Ltd to strengthen its digital offerings. The IT training and skills development company didn’t disclose terms of the deal. The acquisition will bring together the complementary technology pl...

27 September, 2016 | More »

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