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Startups

Get My Parking raises $1.1 mn from IAN, others

Thursday, February 23, 2017 | More »

parking
Cloud-based mobile parking technology startup Get My Parking has raised $1.1 million (Rs 7.35 crore) in pre-Series A funding from Indian Angel Network (IAN), venture firm Beenext, The Chennai Angels, and Hero Corporate Services chairman Sunil Munjal. The startup will invest the fresh funds to deploy...

freshdesk

Freshdesk plays catch-up with Zoho and Salesforce, launches app marketplace

Chennai-based Freshdesk Technologies Pvt Ltd has launched its own app marketplace for developers and clients, the company said in a press statement. The marketplace allows customers to discover and install apps and helps maximise the capabilities of their helpdesk. Developers can earn revenue throug...

23 February, 2017 | More »

Kinnevik

Swedish investor Kinnevik to sell half its stake in Rocket Internet

Swedish investment firm Kinnevik AB is selling nearly half of its 13% stake in German Internet conglomerate and incubator Rocket Internet SE. It plans to sell nearly 10.9 million shares, representing 6.6% of Rocket Internet’s issued share capital, to institutional investors at €19.25 per share, ...

23 February, 2017 | More »

Curated marketplace TheBagTalk aspires to become BuzzFeed of bags

Curated marketplace TheBagTalk aspires to be the BuzzFeed of bags

Looking for a carry-on bag that strikes a fine balance between design and functionality? What if we told you there is one that turns into a kick scooter to help you manoeuvre large airports! Or, a line of sports bags designed by the likes of yesteryear’s popular cricketer Jonty Rhodes and TV h...

23 February, 2017 | More »

Govind Rajan

FreeCharge CEO Govind Rajan quits

FreeCharge chief executive officer Govind Rajan has resigned from the company just nine months after he was appointed to lead the Jasper Infotech-owned digital payments subsidiary. “It has been a unique privilege to helm FreeCharge in these exciting times of rapid growth and user-focussed innovati...

22 February, 2017 | More »

For-FBStart-Startup-Programme-Story-TC_ThinkstockPhotos-5328524241

Why FbStart is worth a look for startups looking to jump-start their journey

Ask the startup folks, and they will tell you how tricky the first couple of years are—challenges are aplenty, capital is scarce, firefighting is perpetual and chaos is the order of the day. Besides, there is constant pressure to secure funding, a problem that seems to become even more daunting as...

22 February, 2017 | More »

IDG, Accion to invest more in CreditMantri

Fin-tech sees sharp funding slowdown, but there’s a silver lining: KPMG

Venture capital (VC) investments in India’s fin-tech sector nosedived to a mere $216 million in 2016, a far cry from the previous year’s $1.6 billion, according to KPMG International’s quarterly report on global fin-tech investment that was released Wednesday. “This decrease high...

22 February, 2017 | More »

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Exclusive: Dating app Vee pivots again – this time to woo SMEs

Lightspeed Venture Partners-backed GetVee Technologies Pvt. Ltd, which operated dating app Vee, has pivoted its model for the second time to become an e-commerce enabler for small and medium enterprises (SMEs), its founder Nitin Gupta told Techcircle. “We thought of it as an interesting opportunit...

22 February, 2017 | More »

FreeCharge founders, Chaayos CEO back B2B pharmacy app Reap

FreeCharge founders, Chaayos CEO back B2B pharmacy app Reap

Mumbai-based Workcell Solutions Pvt. Ltd, which runs B2B app for pharmacies Reap, has raised an undisclosed amount in seed funding from FreeCharge founders Kunal Shah and Sandeep Tandon, Chaayos co-founder and CEO Nitin Saluja and Thinklabs founder Gagan Goyal, a financial daily reported on Wednesda...

22 February, 2017 | More »

Saumyajit Guha

Eyeing new revenue channels, fresh India fund in 2017: Jaarvis Accelerator’s Saumyajit Guha

Saumyajit Guha, former chief operating officer at Calcutta Angels who single-handedly closed seven startup investments in just nine months last year, is all geared up for his new challenge at Gurgaon-based Jaarvis Accelerator. Guha, who joined Jaarvis as co-principal last month, will be mainly respo...

22 February, 2017 | More »

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