1. Articles from livemint.com

  2. 1-24 of 472 1 2 3 4 ... 18 19 20 »
    1. MoneyTap raises $12.3 million from Sequoia Capital India, other investors

      MoneyTap raises $12.3 million from Sequoia Capital India, other investors

      New Delhi: MoneyTap, a lending app, has raised $12.3 million (about Rs80 crore) in a round led by Sequoia Capital India Advisors to expand its consumer credit line, the company said on Wednesday. Existing investors New Enterprise Associates (NEA) and Prime Venture Partners also participated in the round. MoneyTap was founded in September 2015 by Bala Parthasarathy, former managing partner and founder of Prime Venture Partners, a Bengaluru-based seed fund.

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    2. HyperTrack raises $7 million from Nexus Venture, Founders Fund

      HyperTrack raises $7 million from Nexus Venture, Founders Fund

      Bengaluru: HyperTrack, a start-up that helps businesses track products and people in real time, has raised $7 million in a Series A round from venture capital firms Nexus Venture Partners and Founders Fund. HyperTrack was founded in October 2015 by Kashyap Deorah, a serial entrepreneur and the author of The Golden Tap , a book on Indian start-ups, and Tapan Pandita, who together pooled in $300,000 to launch the venture.

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    3. Hits and misses in the Indian start-up universe

      Hits and misses in the Indian start-up universe

      Last Modified: Tue, Jun 13 2017. 03 50 AM IST Hits and misses in the Indian start-up universe Indian start-ups have struggled to deliver returns to investors, but some niches are showing promise. Mint looks at the start-up sectors that investors have favoured Yuvraj Malik Sayan Chakraborty Anirban Sen Flipkart is the most valuable Indian start-up at $11.6 billion.

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    4. SaaS start-up Freshdesk rebranding itself as Freshworks

      SaaS start-up Freshdesk rebranding itself as Freshworks

      Bengaluru: Freshdesk Inc., one of India’s most well-funded and valuable Software as a Service (SaaS) start-ups, has rebranded itself as Freshworks Inc. In an interview, founder and CEO Girish Mathrubootham said the company’s core customer support helpdesk product will continue to be called Freshdesk, which will exist under the Freshworks umbrella.

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    5. Lightbox may raise new fund of $100 million next year

      Lightbox may raise new fund of $100 million next year

      Last Modified: Wed, Jun 07 2017. 01 00 AM IST Lightbox may raise new fund of $100 million next year Partner Sandeep Murthy says Lightbox plans to invest in eight to 10 start-ups from its current fund over the next 12-18 months before launching a new fund Anirban Sen Sandeep Murthy, partner at Lightbox. The venture capital firm’s India investments include start-ups such as Faasos, Droom and Furlenco.

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    6. Inventus Capital may raise independent fund to invest in Indian start-ups

      Inventus Capital may raise independent fund to invest in Indian start-ups

      Bengaluru: Venture capital (VC) firm Inventus Capital plans to separate its India and US units and raise an independent fund for investing in Indian start-ups, two people familiar with the matter said. Inventus’ three executives in India—Parag Dhol, Rutvik Doshi and Samir Kumar—plan to raise a new $60-80 million fund to invest in start-ups here, the people Quote: d above said on condition of anonymity.

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    7. 10 start-ups that struck it rich

      10 start-ups that struck it rich

      07 13 AM IST 10 start-ups that struck it rich A look at 10 Indian start-ups that hit the mark—either with massive funding rounds (Flipkart, Paytm) or profitable acquisitions by larger start-ups (TaxiForSure, Myntra, redBus) Flipkart has so far raised $4.5 billion, making the country’s most storied consumer Internet firm the most well-funded start-up. Photo: Hemant Mishra/Mint FLIPKART (2007) Binny Bansal (left) and Sachin Bansal, founders of Flipkart.

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    8. Online furniture retailers rethink strategies as growth slows

      Online furniture retailers rethink strategies as growth slows

      Last Modified: Mon, May 29 2017. 03 10 AM IST Online furniture retailers rethink strategies as growth slows Urban Ladder, Pepperfry are introducing lower-priced products, investing in offline stores Sayan Chakraborty Gross monthly sales at Urban Ladder currently stand at Rs20-25 crore while Pepperfry clocks about Rs40-45 crore per month, according to four people aware of their financials.

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    9. Why Snapdeal debacle may compel Nexus to rethink its future direction

      Why Snapdeal debacle may compel Nexus to rethink its future direction

      Mumbai: By this time, Nexus Venture Partners, one of India’s top venture capital firms, should have been sitting on a substantial pile of cash from the sale of its stake in troubled e-commerce company Snapdeal. Instead, for more than three months, the Mumbai-based firm has fought a bitter (but losing) boardroom battle to save its investment.

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    10. 10 standout start-ups taking an AI leap in India

      10 standout start-ups taking an AI leap in India

      The rise of a technology has Bill Gates issuing warnings of an apocalypse. Elon Musk, too. Even Stephen Hawking. What’s worrying these technologists? It’s Artificial Intelligence or AI, an idea whose time has come—it is incubating in science labs and being deployed by start-ups and industrial units alike. Why are Gates and Co. worried?

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    11. Snapdeal effect? Ola restricts SoftBank rights, strengthens those of founders

      Snapdeal effect? Ola restricts SoftBank rights, strengthens those of founders

      Last Modified: Wed, May 17 2017. 11 47 PM IST Snapdeal effect? Ola restricts SoftBank rights, strengthens those of founders SoftBank cannot buy more shares in Ola without approval of founders Bhavish Aggarwal and Ankit Bhati, and Jasper Infotech’s board of directors, as per the amended Articles of Association Sayan Chakraborty Mihir Dalal Ola will issue additional shares to Ola founders Bhavish Aggarwal (in photo) and Ankit Bhati to keep their composite shareholding in Jasper Infotech at between 10.9% and 12.38%. Photo: OnlyPix/Mint Bengaluru: Cab-hailing firm Ola has made sweeping changes in its shareholder terms, strengthening ...

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    12. Can Practo take the next big leap forward?

      Can Practo take the next big leap forward?

      Bengaluru: Like any other child in a household of government employees, Shashank N.D. would have given in to the glitters of a plum job. After all, the start-up wave was yet to hit the Indian shores. A golden handcuff would be reassuring in the least. A people’s person, who would be mostly spotted outside the classroom in school, either rehearsing for a play or planning excursions, Shashank did not resent the idea either. But then, that was not to be.

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    13. Zomato in talks to buy delivery start-up Runnr in $20 million deal

      Zomato in talks to buy delivery start-up Runnr in $20 million deal

      Bengaluru: Food-technology start-up Zomato Media Pvt. Ltd is in advanced talks to acquire delivery start-up Runnr (Carthero Technologies Pvt. Ltd) in a move that will help Zomato strengthen its food delivery business, according to two people aware of the development. The deal is likely to give Zomato a captive fleet of delivery personnel, a model similar to its rival Swiggy (Bundl Technologies Pvt. Ltd).

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    14. How Byju’s built its brand

      How Byju’s built its brand

      Last Modified: Thu, Apr 27 2017. 07 59 AM IST How Byju’s built its brand What started with low-key online courses, education start-up Byju’s is now eyeing overseas expansion. Can it sustain the momentum it has built so far? Subscribe to our newsletter. Sadhana Chathurvedula Byju Raveendran, founder and CEO of India’s best-funded education start-up Byju’s.

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    15. Sequoia Capital invests $20 million in Awfis, a shared workspace start-up

      Sequoia Capital invests $20 million in Awfis, a shared workspace start-up

      Last Modified: Wed, Apr 26 2017. 07 44 AM IST Sequoia Capital invests $20 million in Awfis, a shared workspace start-up Shared workplace start-up Awfis Space Solutions will use Sequoia Capital’s $20 million investment to fund its expansion plans Subscribe to our newsletter. Yuvraj Malik Awfis, which opened its first shared workplace for start-ups in Delhi in 2015, is a joint venture between Nelson India founder Amit Ramani and The Three Sisters: Institutional Office.

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    16. There is such a thing as too much money

      There is such a thing as too much money

      Last Modified: Sun, Apr 23 2017. 07 31 PM IST There is such a thing as too much money For start-ups, 2017 marks a return to rationality from the heady funding days of 2015, but it won’t be long before someone cuts a really big cheque Subscribe to our newsletter. R. Sukumar Both start-ups and investors are focused on costs and profitability. There’s a lot of cleaning up going on—as evident from the rash of news about consolidation in the start-up space.

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    17. Ankit Nagori invests in fashion start-up Wooplr

      Ankit Nagori invests in fashion start-up Wooplr

      Bengaluru: Fashion discovery platform Wooplr Technologies Pvt. Ltd has raised an undisclosed amount in funding from Ankit Nagori, co-founder of healthcare start-up CureFit and former chief business officer at Flipkart Ltd. Nagori will join Wooplr’s board following the investment, the company said on Wednesday. “Ankit has seen the evolution of our social commerce platform and his joining the board at this point is, for us, definitely a big win for Wooplr.

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    18. ED issues notice to Karti Chidambaram for forex violations

      ED issues notice to Karti Chidambaram for forex violations

      New Delhi: The Enforcement Directorate (ED) on Monday sought an explanation from Karti Chidambaram, son of former Union finance minister P.Chidambaram, and a company in which he has invested, for alleged violations of foreign exchange laws. The ED looked at investments in Vasan Healthcare Pvt.

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    19. InnoVen Capital doubles India investments in March quarter

      InnoVen Capital doubles India investments in March quarter

      Last Modified: Tue, Apr 11 2017. 01 04 AM IST InnoVen Capital doubles India investments in March quarter Venture debt firm InnoVen Capital pumped in about $37 million across 17 firms in the March quarter, as against $16 million in 13 companies in December quarter Subscribe to our newsletter. Sayan Chakraborty Vinod Murali, managing director of InnoVen Capital. The venture debt firm, backed by Teamsek Holdings, has investments in start-ups such as Byju’s, Swiggy, Practo, Pepperfry and Oyo Rooms.

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    20. Practo Technologies cuts 10% of workforce, explores new revenue engines

      Practo Technologies cuts 10% of workforce, explores new revenue engines

      Bengaluru: Healthcare technology start-up Practo Technologies Pvt. Ltd has pruned its workforce by about 10% even as the company is exploring new revenue engines by partnering with insurance firms, medical devices manufacturers and pharmaceutical companies. The company said in an email response on Friday that it let go off 150 of its 1,500-odd employees. “Yesterday, 150 of our colleagues left the company to pursue opportunities outside.

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    21. Wildcraft plans to spin off Wiki range for teenagers into separate brand

      Wildcraft plans to spin off Wiki range for teenagers into separate brand

      Bengaluru: Wildcraft India Pvt. Ltd, a Bengaluru-based outdoor gear and apparel firm which counts Sequoia Capital as one of its investors, plans to spin off its ‘Wiki’ range of backpacks and rucksacks for teenagers into a separate brand with its own standalone stores in a couple of years. The company, which raised around Rs70 crore from Sequoia Capital in 2013, expects to earn Rs550-600 crore in revenue in 2017-18, up from around Rs400 crore in the current financial year.

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    22. Edutech start-up Byju’s raises $30 million from Verlinvest

      Edutech start-up Byju’s raises $30 million from Verlinvest

      Bengaluru: Education technology start-up Byju’s (Think and Learn Pvt. Ltd) has raised about $30 million from Brussels-based family office Verlinvest, in a move that will give the company significant firepower to expand business, two people aware of the development said. “Verlinvest is coming in at a higher valuation than the last round, at about $600 million.

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    23. PickMyLaundry acquires OneClickWash in all-cash deal

      PickMyLaundry acquires OneClickWash in all-cash deal

      New Delhi: On-demand laundry service company PickMyLaundry has acquired a subscription-based laundry and dryclean start-up, OneClickWash, for an undisclosed amount in an all-cash deal, the company announced on Thursday. “With this acquisition, PickMyLaundry will leverage OneClickWash’s laundry processing unit, experienced team, and tech infrastructure to improve service efficiency...

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    1-24 of 472 1 2 3 4 ... 18 19 20 »
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