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Posts Tagged ‘ startups ’

Weekly Startup Tracker: Bengaluru ventures get most cheques as deals buzz gets louder

Saturday, October 22, 2016 | More »

Startup tracker
The week saw startup deal activity pick up with as many as 19 companies being funded, up from just seven during the previous week. Bangaluru-based startups stole the show by bagging the most number of first cheques. Mumbai-based bike tour operator Enfield Riders Pvt. Ltd, which conducts motorcycle t...


Startups can raise up to $3 mn from foreign lenders, new norms for pre-paid instruments: RBI

The Reserve Bank of India (RBI) will allow startups to raise up to $3 million (Rs 20 crore), everyfinancial year from overseas, it said on Tuesday. The RBI said that startupswill be allowed to raise External Commercial Borrowings (ECBs) in equivalentIndian rupees, any other convertible currency or a...

4 October, 2016 | More »


IvyCap Ventures, China’s Incapital tie up to back Indian startups

Mumbai-based venture capital firm IvyCap Ventures is tying up with Chinese investment firm Incapital to promote investments from Chinese investors into Indian startups. The partnership between IvyCap Ventures’ initiative IvyCamp and Incapital’s Zhucloud initiative will allow more than 30 Chinese...

1 October, 2016 | More »


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 »

Mohit Bhatnagar

Sequoia Capital to invest in early stage startups from now on, says MD Mohit Bhatnagar

Going back to its global business philosophy of being an early stage investor in fledgling companies, Sequoia Capital in India has decided to primarily make early stage, seed and series A investments going forward even as it remains open to writing “large cheques” for companies needing growth ca...

26 September, 2016 | More »


New mental healthcare app seeks to alleviate depression, anxiety

Even as good health remains the core of modern day existence, mental health is usually not considered an issue to be taken up on priority. The result is depression, anxiety and stress have become silent killers of the day. 36% of Indians are likely to suffer from depression at some point of their li...

23 September, 2016 | More »


Exclusive: Angel investor Dheeraj Jain eyes AI, IoT startups with new VC fund

Dheeraj Jain, managing partner at London-based investment firm Redcliffe Capital, is set to launch a $50 million early-stage fund to invest in technology startups in India and overseas. Christened ‘Redcliffe Capital Early Stage Fund 1’, it will focus on Series A investments in areas such as art...

22 September, 2016 | More »


Xiaomi may bring crowdfunding platform to India

Chinese smartphone maker Xiaomi Inc. may soon bring its crowdfunding platform to India, according to a report. The move, if it happens, will help consumer electronics startups in the country to sell their products through this platform, according to the Press Trust of India. Xiaomi vice president Hu...

22 September, 2016 | More »

Vishal Kumar BM

Exclusive: Bike taxi startup Hey Bob shuts down

Hey Bob, Bengaluru’s first bike taxi startup, has shut down after failing to raise fresh funding. “Yes, it has shut down,” co-founder Vishal Kumar BM told TechCircle on Thursday. “We have not made a formal announcement yet. We met our investors and we had a long chat and we decided to move o...

15 September, 2016 | More »


LinkedIn ties up with four Indian startups to launch ‘Placements’

Jeff Weiner, the helmsman of the largest social media network for professionals, seems like a man of few words. But the initiative that the LinkedIn CEO announced, in his choosy words, on Monday seeks to establish a better connect with millions of college students in the country. At the 200,000 squa...

12 September, 2016 | More »

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