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Temasek acquires Mumbai based SVB India Finance, renames it InnoVen Capital...
SVB India Finance has today announced the completion of its acquisition by Temasek, an investment company based in Singapore. SVB India has been renamed to InnoVen Capital India. SVB India Finance...
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India tops in remittances, receives USD 70 billion (use of mobile still below...
The World Bank has said India continues to be the leading nation in remittances pulling in USD 70 billion from its global migrant workforce in 2014, according to PTI. World Bank’s study of remittance,...
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[Techie Tuesdays] 13 techies who are redefining the new age startups and...
For past two years, we have been bringing to you the best of geeks and techies around the country and world through our Techie Tuesdays column. Here’s a roundup of 13 Techie Tuesdays which we have...
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With Matrix funding, Purple Squirrel aims to be the largest platform in...
On April 9, Matrix Partners India announced that it has led a round of funding in Purple Squirrel Eduventures. Gourav Bhattacharya, Vice President at Matrix Partners, in a recent press announcement...
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Move fast and join things: The dawn of full stack businesses in India
There has been much discussion on full stack businesses over the last year. a16z has been particularlyvocal and we at Aspada are believers, too. The concept of end-to-end management of value chains has...
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IIT graduate wages battle to make neighbourhoods clean with Swachh Bharat app
Mahek Mahendra Shah, 29, is an IIT Madras graduate and an MBA from Politecnico Di Milano. What makes him different from the rest of us is the young man’s zeal to make our neighbourhoods cleaner. While...
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How much money should you raise?
The best answer to this question, as you’d probably guess is “Depends!” The most common answer I hear is, “As much as you can” – which I’m not sure is the right answer, for at least two reasons. If you...
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Grofers raises $35 million round, takes company valuation to over $100 million
Mobile commerce startup company Grofers is raising a $35 million from existing investors to help fund further expansion. Lead investors include Tiger Global Management and Sequoia Capital, which both...
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New player in gourmet coffee market, The Flying Squirrel targets serious...
In The Flying Squirrel plantations in Coorg, long rows of coffee bushes poke out their branches with red swinging cherries. Founder Ashish Dabreo defines their cultivation “a combination of science and...
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Gurgaon-based hyperlocal startup PepperTap raises $10 M funding from Sequoia...
Venture capitals seems to be hyperactive as far as hyper-local is concerned. Just within hours of Grofeers funding, mobile centric hyperlocal grocery delivery service PepperTap has raised $10 million...
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From a roadside tea stall to the Mitticool success story: How Manshuk Lal...
Whenever his in-laws stepped on to the highway, Manshuk Lal Prajapati would crouch behind his tea- stall to hide. Prajapati, 48, was a defeated man. He had failed in his tenth boards, worked as a...
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What do Salman Khan, startups and your grandmother have in common? A love for...
Salman Khan gyrating his well-muscled torso in ode, not to a sweetheart but, to a ‘Garam chai ki pyaali’ (a steaming cup of tea) in a Bollywood flick is testament to the beloved beverage’s cherished...
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VC-backed Indian entrepreneurs start shopping for growth – M&A activity...
M&A is a key focus for us this year. And given our concentration on mobile, companies that have made a mark in this space will be on our radar, stated a recent press release by Flipkart. Talent...
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Mark Zuckerberg’s take on net neutrality: Facebook != The Internet
The debate around Net Neutrality has been going around like wildfire. In India, the uproar kicked off when Flipkart started talking with Airtel about Airtel Zero (splitting India’s Internet into many...
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With $5M funding in its kitty, LocalOye aims to become the go-to local...
LocalOye, a startup which started as a venue-booking service for parties and weddings and pivoted into providing complete local services by turning into a marketplace model has raised $5 million series...
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Startups and upstarts that are ‘betting’ big on IPL 2015, hope to hit...
It’s that time of the year again when our loyalties are not divided by our nationalities but by the cities we hail from. The India Premier League, an eight-year-old startup in itself, has proved to be...
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Madpiggy to make hyperlocal deal discovery easier with iBeacon integration...
Image Credit : Shutterstock Offering discount coupons or promotions has always been a popular and effective way for companies to create brand recall and get repeat customers. Only that a few decades...
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Zostel founders dive into the low-budget hotel space with Zo Rooms
Getting reasonably-priced accommodation in metros was a big challenge, to say the least. But fortunately for the hapless budget traveller things changed when startups like Stayzilla and Oyo Rooms came...
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Ola confirms the $400M funding round, to expand to 200 cities by year end
2015 Q1 saw over $1.7 billion funding in Indian startup ecosystem and the second quarter seems to carry the momentum forward. Within six months of raising $210 million in series D round of funding, Ola...
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Can we become creators?
Historically, India has been seen as a place to churn out job seekers and professionals. We have carved a niche on the IT map as one of the top producers of engineers and IT professionals. The...
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