1. Articles from livemint.com

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    1. 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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    2. 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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    3. 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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    4. 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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    5. 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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    6. 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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    7. 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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    8. 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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    9. UPI, Aadhaar Pay, Bharat QR force Paytm, Mobikwik to step up their game

      UPI, Aadhaar Pay, Bharat QR force Paytm, Mobikwik to step up their game

      Last Modified: Fri, Mar 10 2017. 08 56 AM IST UPI, Aadhaar Pay, Bharat QR force Paytm, Mobikwik to step up their game With the arrival of state-sponsored e-payment services, electronic payment firms have ratcheted up their efforts to lure customers in the cashless driven market Subscribe to our newsletter. Sankalp Phartiyal Devidutta Tripathy E-wallet providers such as Alibaba-backed Paytm, the largest with more than 200 million clients, are adding services to stay a step ahead.

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    10. The Indian presence among 50 promising global start-ups

      The Indian presence among 50 promising global start-ups

      Bengaluru: Indian artificial intelligence (AI) start-ups, Bengaluru-based Mihup Communications Pvt. Ltd and Chennai-based Mad Street Den Systems Pvt. Ltd, are among three early-stage local ventures that are on the list of some of the most low-key, yet promising start-ups around the world, according to a Bloomberg report. Mihup, Mad Street Den and Omapal Technologies Pvt.

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    11. The three Indian firms among the 50 most promising start-ups in the world

      The three Indian firms among the 50 most promising start-ups in the world

      Two Artificial Intelligence (AI) firms—Mihup Communications and Mad Street Den—and online fashion rental Flyrobe (Omapal Technologies) from India figure in a Bloomberg list of the world’s 50 most promising start-ups. The report, titled The 50 most promising start-ups that you’ve never heard of , was compiled by market researcher Quid. ALSO READ | The Indian presence among 50 promising global start-ups Mint profiles these three Indian start-ups.

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    12. IDG Ventures India, Axilor form joint venture to invest in tech start-ups

      IDG Ventures India, Axilor form joint venture to invest in tech start-ups

      Bengaluru: IDG Ventures India has forged an alliance with early-stage start-up accelerator Axilor Ventures to invest in local technology start-ups and ventures that are working on disruptive ideas. IDG Ventures said it would mostly focus on start-ups that are working on so-called deep technologies such as artificial intelligence, robotics, blockchain, virtual reality and augmented reality as part of the new Frontier Tech Innovators programme.

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    13. Recruitment start-up Belong raises $10 million from Sequoia Capital, others

      Recruitment start-up Belong raises $10 million from Sequoia Capital, others

      Last Modified: Tue, Feb 28 2017. 07 47 AM IST Recruitment start-up Belong raises $10 million from Sequoia Capital, others Recruitment start-up Belong to use funds to expand client base and improve product, launches BelongExperts—a marketplace of recruiters Subscribe to our newsletter. Mihir Dalal (From left) Belong co-founders Sudheendra Chilappagari, Rishabh Kaul, Vijay Sharma and Saiteja Veera.

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    14. Why Start-up India’s $1.5 billion fund-of-funds needs to succeed

      Why Start-up India’s $1.5 billion fund-of-funds needs to succeed

      Last Modified: Mon, Feb 20 2017. 11 45 PM IST Why Start-up India’s $1.5 billion fund-of-funds needs to succeed Rs10,000 crore Fund-of-Funds for Start-ups that would invest in local venture capital funds which would, in turn, back early stage start-ups remains a bit of a non-starter Subscribe to our newsletter. Snigdha Sengupta In making sovereign capital available to local venture capital funds, the government hopes to compensate, to some extent, for the absence of local limited partners.

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    15. Tesla’s India plans, RBI’s shift in the policy stance and car sales in January

      Tesla’s India plans, RBI’s shift in the policy stance and car sales in January

      x Tesla’s India plans, RBI’s shift in the policy stance and car sales in January Tesla may introduce its cars in India in mid-2017; RBI holds interest rates but changes policy stance; demonetisation fails to skid car sales Livemint First Published: Sun, Feb 12 2017. 02 39 AM IST Tesla may bring its cars to India this year Responding to a query on Twitter on 7 February, Tesla Inc. chief executive Elon Musk stated that the company may introduce its cars in India in the Summer of 2017.

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    16. Deals Buzz: Uday Kotak says open to all options for the lender’s growth

      Deals Buzz: Uday Kotak says open to all options for the lender’s growth

      Mumbai: Mint brings to you your daily dose of top deals reported by newsrooms across the country. Statoil, Total SA, Shell in talks for a strategic stake in Amplus Energy France’s Total SA, Norway’s Statoil ASA and Royal Dutch Shell Plc have evinced interest to invest in solar power producer Amplus Energy Solutions Pvt. Ltd, two people familiar with the development told Mint .

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    17. Voonik raises funds from Sequoia, RB Investments

      Voonik raises funds from Sequoia, RB Investments

      Mumbai: Start-up Voonik Technologies Pvt. Ltd, owner of the Voonik fashion app, has raised $6 million (Rs40 crore) from Singapore-based RB Investments and existing investor Sequoia Capital, two people aware of the development said. The latest round is a follow-on to its Series B round of $20 million in July, led by Sequoia Capital, said one of the two people cited above, requesting anonymity.

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    18. Stellaris raises $50 million for tech-focused fund

      Stellaris raises $50 million for tech-focused fund

      Last Modified: Mon, Feb 06 2017. 09 41 AM IST Stellaris raises $50 million for tech-focused fund Fundraising part of early-stage VC Stellaris’s first close of $100 million fund Subscribe to our newsletter. Anirban Sen Stellaris Venture Partners co-founder Ritesh Banglani says Indian tech firms are set to create $500 billion of value over the next decade, and the VC’s fund will gives its investors the opportunity to participate in this value creation.

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    19. Endiya Ventures raises Rs175 crore

      Endiya Ventures raises Rs175 crore

      Last Modified: Wed, Jan 25 2017. 02 15 AM IST Endiya Ventures raises Rs175 crore Endiya, which had marked Rs100 crore as the fund’s first close in January, raised an additional Rs75 crore as part of its first fund Subscribe to our newsletter. Shrutika Verma Endiya will look at a ticket size of Rs2-10 crore per company from seed stage to pre-series A and may also participate in follow-on Series A rounds.

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    20. The consequences of declining trust in CEOs

      The consequences of declining trust in CEOs

      Two sets of findings, related to societal trust levels, in a report released last week at the World Economic Forum’s annual meeting in Davos, should be a cause of grave concern to all of us. Part of a study released by communications group Edelman, the survey of more than 33,000 people in 28 countries including India, recorded the largest-ever drop of trust in business, government, the media, and non-government organisations (NGOs).

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    21. News in Numbers: 2 IPS officers in MP made to quit after performance review

      News in Numbers: 2 IPS officers in MP made to quit after performance review

      $25 million What is it? The cost of 25% stake in a ready-to-cook food company, ID Fresh Foods, paid by Premji Invest, the investment firm of Wipro-owner Azim Premji. Why is it important? With the increase in nuclear and double-income families, demand for ready-to-cook products is expected to grow faster and this has attracted investors wanting to tap this market. ID Fresh Foods had secured investment from Helion Ventures two years ago. Premji’s investment values it at $100 million.

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    22. Deals Buzz: Daiichi Sankyo moves Delhi HC to prevent bid to divest stake in Fortis

      Deals Buzz: Daiichi Sankyo moves Delhi HC to prevent bid to divest stake in Fortis

      Daiichi Sankyo’s move comes as the Singh brothers are looking to rope in an investor in Fortis Healthcare. Photo: Ramesh Pathania/Mint Mumbai: Mint brings to you your daily dose of top deals reported by newsrooms across the country. Luxottica and Essilor ink €46 billion merger deal to create eyewear giant Italy’s Luxottica and France’s Essilor have entered into a €46-billion merger deal to create a global powerhouse in the eyewear industry with revenues of more than €15 billion, they said in a statement on Monday. The deal, one of Europe’s largest cross-border tie-ups, brings together ...

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    1-24 of 457 1 2 3 4 ... 17 18 19 »
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