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Posts Tagged ‘ PepperTap ’

Flawed business model or funding crunch: What led to startup shutdowns?

Friday, December 9, 2016 | More »

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The startup euphoria that was evident in 2015 seems to have subsided in 2016 with the demise of several well-funded ventures such as PepperTap, Intelligent Interfaces, Fashionara, Purple Squirrel and Flashdoor. According to a Techcircle analysis, at least 32 funded tech startups reported shutting do...

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One funded Indian tech startup shut shop every 10 days this year

Well begun, as they say, is half done. By that measure, startups that managed to raise funding from marquee investors such as Sequoia Capital, Matrix Partners and Helion Ventures even before they began to earn revenue would surely have been on the path to success. But, a beginning however great is j...

6 December, 2016 | More »

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Online hypermarket operator urDoorstep bags $1.4 mn

Raising its second bridge round in six months, Bengaluru-based online hypermarket operator urDoorstep Eretail Pvt. Ltd has secured $1.4 million (Rs 10 crore) in funding. While Rs 5 crore was raised as debt from Lakshmi Vilas Bank, an equal amount was invested by an unnamed high net-worth individual....

5 December, 2016 | More »

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Exclusive: Housing.com ex-COO to start online grocery venture

Two former executives at property portal Housing.com are starting an online grocery delivery venture, a segment that was investors’ favourite until last year but where many startups have shut shop after struggling to find profitable business models. Former Housing.com chief operating officer Risha...

17 October, 2016 | More »

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Why some investors are betting on competing businesses

Two weeks ago, Taiwanese chip designer MediaTek invested $60 million in One97 Communications, which runs Paytm, a mobile wallet platform and an online shopping site. In itself, the transaction is not unusual – Paytm is raising funds for growth and MediaTek is known for backing innovative firms. Wh...

12 September, 2016 | More »

Zapmart

Why hyperlocal grocery startup Zapmart wants to open offline stores

Online hyperlocal grocery startup Zapmart plans to set up brick-and-mortar stores, as the Mumbai-based company seeks to avoid the risks that sank several ventures in the segment. Zapmart founder Parvez Siddiqui told TechCircle the physical stores will be part of an omni-channel strategy and help att...

7 September, 2016 | More »

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IIT Bombay bans Portea, Peppertap for revoking job offers

Premier tech school IIT Bombay today blacklisted nine companies including startups like Portea Medical and Chinese firm Johnson Electric from placements for one year as a penalty for a variety of violations like, revoking the offers to some of its graduates. The action follows a controversy over a h...

25 August, 2016 | More »

food-startups

Hunger deaths don’t deter fund flow to food startups

The hunger for a small pie of the large food genre continues to inspire startup entrepreneurs as well as investors. In the week ended August 4, at least four food startups, two among them in the dreaded food-tech genre that saw heavy casualties in the past eight to 10 months, got a thumbs up from [&...

8 August, 2016 | More »

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Exclusive: Syska invests in hyperlocal grocery delivery startup Tokri

Pune-based hyperlocal delivery startup Tokri has raised a pre-Series A round of funding from Syska LED group, a top company executive told Techcircle.in. The firm has raised $2.5 million (around Rs 16.7 crore), with a commitment from Syska to put in more money, said Neeraj Kansa, co-founder of Tokri...

1 August, 2016 | More »

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Exclusive: Grocery delivery startup GrocShop folds as pain spreads

Mumbai-based online grocery delivery firm GrocShop has shut down, joining the growing list of startups that failed to find a profitable growth model in a segment which until recently was attracting investors in droves but is now feeling the pinch of a slowdown in funding. GrocShop co-founder Ayush G...

30 June, 2016 | More »

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