1. Articles from livemint.com

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    1. Five start-ups that have changed their business models to survive fund crunch

      Five start-ups that have changed their business models to survive fund crunch

      Sayan Chakraborty In September last year, the Gurgaon-based PeppterTap rolled back operations in smaller towns such as Agra and Meerut after a month-long pilot failed to take off. Photo: Mint Bengaluru: With a funding slowdown taking hold over the past six to nine months, many Indian start-ups are looking at new business models and focusing on strategies that can help them survive.

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    2. 10 new VC investors who are upbeat on Indian start-ups

      10 new VC investors who are upbeat on Indian start-ups

      Arushi Chopra Swaraj Singh Dhanjal Lack of interest from established funds in Indian start-ups opened the space for investors who missed the bus in earlier rounds. Photo: CIIE Mumbai: The venture capital gold rush to India that began with Tiger Global Management’s purchase of a slice of Flipkart in 2010 ebbed five years later, ending in cash crunch, valuation cuts and many shutdowns in India’s start-up landscape.

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    3. Drums Food raises Rs44.5 crore led by PE firm DSG Consumer Partners

      Drums Food raises Rs44.5 crore led by PE firm DSG Consumer Partners

      Mumbai: Drums Food International Pvt. Ltd, the maker of Epigamia Greek yogurt and Hokey Pokey ice cream, has raised Rs. 44.5 crore in Series A funding, selling a minority stake. The round was led by Verlinvest, a Belgian consumer-focused private equity group, and DSG Consumer Partners (DSGCP), an early stage venture capital firm run by Deepak Shahdadpuri.

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    4. ShopClues acquires mobile payments firm Momoe

      ShopClues acquires mobile payments firm Momoe

      Last Modified: Fri, Jul 15 2016. 11 23 AM IST ShopClues acquires mobile payments firm Momoe ShopClues will use Momoe’s technology to further strengthen the platform and ease transactions Subscribe to our newsletter. Priyanka Sahay Sanjay Sethi, chief executive officer and co-founder, ShopClues. Photo: Sneha Srivastava/Mint New Delhi: Online shopping platform ShopClues.com (Clues Network Pvt.

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    5. Oyo ties up with NYSE-listed travel platform Travelport

      Oyo ties up with NYSE-listed travel platform Travelport

      New Delhi: Budget hotel aggregator Oyo (Oravel Stays Pvt. Ltd) has tied up with NYSE-listed travel platform Travelport in a move that is expected to give it access to a larger customer base. As per the agreement, Travelport’s travel agency users across the world including India will be able to book hotels from the 6,000 hotel properties of Oyo. Oyo currently operates in over 180 Indian cities and is also present in Malaysia.

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    6. Unicorns: The new normal

      Unicorns: The new normal

      When online healthcare services platform Practo last raised capital from a consortium of investors including Chinese Internet giant Tencent, its valuation reportedly crossed half-a-billion dollars from under $150 million. Eleven months later, the Bengaluru-based start-up, according to The Economic Times , is sprinting towards a valuation of over $600 million as it negotiates with investors to raise another $50-60 million.

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    7. Treebo Hotels in talks with Bertelsmann India to raise funds

      Treebo Hotels in talks with Bertelsmann India to raise funds

      Last Modified: Thu, Jul 07 2016. 12 14 AM IST Treebo Hotels in talks with Bertelsmann India to raise funds Budget hotel start-up, which was planning to raise $40 million, is now seeking investors for a $25 million bridge round Subscribe to our newsletter. Swaraj Singh Dhanjal A hotel that has a tie-up with Treebo in Gurugram.

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    8. The way ahead for fintech start-ups

      The way ahead for fintech start-ups

      Last Modified: Tue, Jul 05 2016. 12 40 AM IST The way ahead for fintech start-ups Fintech firms must look at creating new market and new products, and solving real world problems, say experts Subscribe to our newsletter. Sadhana Chathurvedula Sayan Chakraborty (From left) Leslie D’Monte, technology editor, Mint; Bala Srinivasa, partner, Kalaari Capital; Nikhil Balaraman, managing director, Orios Venture Partners; and Shailesh Lakhani, managing partner and managing director, Sequoia Capital.

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    9. 1mg Technologies acquires diagnostic labs aggregator Medd

      1mg Technologies acquires diagnostic labs aggregator Medd

      Last Modified: Tue, Jul 05 2016. 01 45 AM IST 1mg Technologies acquires diagnostic labs aggregator Medd 1mg has also roped in Ankur Gigras, a former marketing head for gastroenterology at healthcare firm Abbott India, to oversee the diagnostics business Subscribe to our newsletter. Priyanka Sahay Prashant Tandon, chief executive of 1mg. Photo: Pradeep Gaur/Mint Online healthcare start-up 1mg Technologies Pvt.

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    10. Deals Buzz: Bidding battle for Lafarge’s India cement portfolio begins today

      Deals Buzz: Bidding battle for Lafarge’s India cement portfolio begins today

      Last Modified: Mon, Jul 04 2016. 11 15 AM IST Deals Buzz: Bidding battle for Lafarge’s India cement portfolio begins today In other news, Snapdeal, Aditya Birla Group are front-runners to buy Jabong; Genesis Colors plans Rs650 crore IPO Subscribe to our newsletter. Swaraj Singh Dhanjal Ajay Piramal Group, Nirma, Sajjan Jindal-led JSW Cement, besides Mexico’s Cemex and China’s Anhui Conch Cement Co. have emerged as the strongest contenders to acquire Lafarge’s entire India cement portfolio.

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    11. Genesis Colors plans Rs650 crore Ipo

      Genesis Colors plans Rs650 crore Ipo

      Last Modified: Mon, Jul 04 2016. 12 04 AM IST Genesis Colors plans Rs650 crore IPO The Sequoia Capital-backed Genesis Colors will use the funds for expansion and provide an exit opportunity to its investors Subscribe to our newsletter. Swaraj Singh Dhanjal Genesis Colors was founded in 2001 by Sanjay Kapoor, Jyoti Narula and Puneet Nanda, Satya Paul’s son. Mumbai: Genesis Colors Pvt.

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    12. Start-up wrap: Flipkart valuation marked down, Grofers to lay-off 10% of workforce

      Start-up wrap: Flipkart valuation marked down, Grofers to lay-off 10% of workforce

      Last Modified: Sat, Jul 02 2016. 01 44 AM IST Start-up wrap: Flipkart valuation marked down, Grofers to lay-off 10% of workforce A wrap of the happenings in the e-commerce and start-up world this week Subscribe to our newsletter. Sadhana Chathurvedula Flipkart Ltd, India’s biggest e-commerce portal, had its valuation marked down for the sixth time this year, this time by a mutual fund managed by US-based Vanguard Group.

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    13. News in numbers | Last-minute air travel cheaper by up to 52% this year than 2015, says Yatra

      News in numbers | Last-minute air travel cheaper by up to 52% this year than 2015, says Yatra

      Last Modified: Thu, Jun 30 2016. 02 17 PM IST News in numbers | Last-minute air travel cheaper by up to 52% this year than 2015, says Yatra In other news, Indians spent the most on vehicles among consumer durables, according to NSSO data Subscribe to our newsletter. A 20% year-on-year decline in oil prices and an increase of 7-8% in passenger capacity are being attributed for the drop in fares, according to Yatra.com. Photo: HT 5 What is it?

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    14. Grofers revokes 67 job offers across operations

      Grofers revokes 67 job offers across operations

      Last Modified: Wed, Jun 29 2016. 05 37 PM IST Grofers revokes 67 job offers across operations Grofers emails decision to Allahabad and Surathkal NITs, Birla Institutes of Technology at Pilani and Goa and ISM Dhanbad Subscribe to our newsletter. Sayan Chakraborty The Grofers move comes barely a month after India’s largest shopping portal Flipkart Ltd delayed joining dates for 17 graduates from the Indian Institute of Management, Ahmedabad.

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    15. Budget hotel aggregator FabHotels raises $8 million

      Budget hotel aggregator FabHotels raises $8 million

      Last Modified: Tue, Jun 28 2016. 01 03 AM IST Budget hotel aggregator FabHotels raises $8 million Firm to use cash raised from RB Investments, Accel, Mohandas Pai’s Aarin to build brand, expand hotel network Subscribe to our newsletter. Swaraj Singh Dhanjal FabHotels, typically, works on an asset-light model wherein it partners with smaller hotels with the aim of providing standardized services to budget travellers.

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    16. Ola revenue rises eight-fold to Rs418 crore

      Ola revenue rises eight-fold to Rs418 crore

      Last Modified: Thu, Jun 23 2016. 12 47 AM IST Ola revenue rises eight-fold to Rs418 crore Ola’s revenue up from Rs51.50 crore in 2013-14 to Rs418.25 crore in 2014-15; losses jump 20 times to Rs754.87 crore in same year Subscribe to our newsletter. Sayan Chakraborty Ola Micro has helped the firm reverse much of last year’s market share loss to Uber and open up a big gap over the rival, but at the expense of a massive cash burn.

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    17. ClearTax raises $12 million

      ClearTax raises $12 million

      Last Modified: Fri, Jun 17 2016. 01 03 AM IST ClearTax raises $12 million ClearTax plans to use the funding towards building new products and strengthening its engineering team Subscribe to our newsletter. Shrutika Verma Founded in 2011, ClearTax was generating profits until late 2015 when it raised its first angel funding and decided to step up expansion plans.

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    18. Ola founder Bhavish Aggarwal looks to block Uber’s passage to India

      Ola founder Bhavish Aggarwal looks to block Uber’s passage to India

      Bengaluru: Bhavish Aggarwal, co-founder of the ride-hailing service Ola, is in a pitched battle with Uber Technologies Inc. for domination of India’s streets. Late last year, when the streets of Chennai disappeared as monsoon rains flooded miles of the city, Aggarwal quickly commandeered scores of boats from wherever he could find them. He helped with government rescue efforts, picking up passengers in fishing trawlers, canoes and inflatable rafts.

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    19. Bira beer left high and dry by supply glitches, funds crunch

      Bira beer left high and dry by supply glitches, funds crunch

      Last Modified: Thu, Jun 16 2016. 07 46 AM IST Bira beer left high and dry by supply glitches, funds crunch Bira 91’s parent B9 Beverages will raise $10 million to create an efficient back-end system in bid to ensure the current fiasco is not repeated Subscribe to our newsletter. Sounak Mitra Bira beer went off the shelves after the company failed to gauge demand correctly, and the arrangement with its sole bottler in Haryana fell through.

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    20. PE firms denied exits as many companies put off listing shares

      PE firms denied exits as many companies put off listing shares

      Last Modified: Thu, Jun 16 2016. 02 22 AM IST PE firms denied exits as many companies put off listing shares This contrasts with the decent run some private equity firms have had this year in terms of partial or complete exits through IPOs of portfolio companies Subscribe to our newsletter. Swaraj Singh Dhanjal According to ‘Mint’ research, around seven PE-backed firms have failed to hit the public markets in the last year.

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    21. Micromax to start selling air conditioners

      Micromax to start selling air conditioners

      New Delhi: Micromax Informatics Ltd will start selling air conditioners (ACs) in the next 15 days as the Indian smartphone maker now looks to position itself as a consumer durables company, aiming to generate about 20% of its overall revenue from durables in the next 12 months. Gurgaon-based Micromax is manufacturing window and split ACs at its Uttarakhand facility and will invest about Rs. 200 crore in the category over the next year.

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    22. Former Vodafone CEO Arun Sarin picks up stake in Truecaller

      Last Modified: Thu, Jun 09 2016. 05 53 PM IST Former Vodafone CEO Arun Sarin picks up stake in Truecaller Arun Sarin will join Truecaller’s advisory board followed by a capital investment in the company Subscribe to our newsletter. PTI The investment in Trucaller is Arun Sarin’s third after those in taxi aggregator Ola (July 2015) and music streaming company Saavn (September 2015).

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    1-24 of 401 1 2 3 4 ... 15 16 17 »
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